NOT LISTED FOR SALE

506 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $114,000 - $244,000

3 Beds
1 Bath
896 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 506 N Michigan Ave, Atlantic City, NJ 08401 and is currently estimated at $155,569, approximately $173 per square foot. 506 N Michigan Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2009
Sold by
Abusada Chafic
Bought by
Abusada Marianela
Current Estimated Value
$155,569

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bank Of New York
Bought by
Abusada Chafic

Purchase Details

Closed on
Dec 23, 2008
Sold by
Reynolds Angela
Bought by
Bank Of New York

Purchase Details

Closed on
Jun 30, 2006
Sold by
Bell Linda
Bought by
Angela Reynolds

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,400
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2005
Sold by
Simon Sean
Bought by
Linda Bell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Manning Thomas
Bought by
Simon Sean

Purchase Details

Closed on
Apr 11, 1997
Sold by
The City Of Atlantic City
Bought by
Manning Thomas
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abusada Marianela -- None Available
Abusada Chafic $29,900 First American Title Ins Co
Bank Of New York -- None Available
Angela Reynolds $187,000 --
Linda Bell $100,000 --
Simon Sean $50,000 --
Manning Thomas $4,425 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Angela Reynolds $37,400
Previous Owner Linda Bell $80,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,895 $54,900 $19,400 $35,500
2024 $1,895 $54,900 $19,400 $35,500
2023 $2,074 $54,900 $19,400 $35,500
2022 $2,074 $54,900 $19,400 $35,500
2021 $2,142 $54,900 $19,400 $35,500
2020 $2,160 $54,900 $19,400 $35,500
2019 $3,187 $80,000 $50,000 $30,000
2018 $2,826 $80,000 $50,000 $30,000
2017 $2,737 $80,000 $50,000 $30,000
2016 $3,088 $80,000 $50,000 $30,000
2015 $2,738 $80,000 $50,000 $30,000
2014 $2,678 $80,000 $50,000 $30,000
Source: Public Records

Map

New Jersey Atlantic County Atlantic City 08401 Monroe Park

506 N Michigan Ave, Atlantic City, NJ

This home is located at 506 N Michigan Ave, Atlantic City, NJ 08401 and is currently estimated at $155,569, approximately $173 per square foot. 506 N Michigan Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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