NOT LISTED FOR SALE

507 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $222,000 - $319,000

-- Bed
-- Bath
1,470 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 507 N Michigan Ave, Atlantic City, NJ 08401 and is currently estimated at $265,762, approximately $180 per square foot. 507 N Michigan Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2011
Sold by
Bankunited
Bought by
Nammour Nimer
Current Estimated Value
$265,762

Purchase Details

Closed on
Jun 22, 2010
Sold by
Amin Mohammad Ruhul
Bought by
Bankunited

Purchase Details

Closed on
May 31, 2006
Sold by
Vassalo Walter
Bought by
Bhuiyan Siraj and Hossain Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,120
Interest Rate
6.62%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Hughes Michael
Bought by
Vassallo Walter and Vassallo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,950
Interest Rate
6.92%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Federal National Mortgage Association
Bought by
Hughes Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.5%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Nammour Nimer $55,000 First American Title Ins Co
Bankunited -- None Available
Bhuiyan Siraj $253,900 --
Vassallo Walter $80,000 Chicago Title Insurance Co
Hughes Michael $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amin Mohammad Ruhul $252,000
Previous Owner Bhuiyan Siraj $203,120
Previous Owner Vassallo Walter I $50,000
Previous Owner Vassallo Walter I $97,000
Previous Owner Vassallo Walter $79,950
Previous Owner Hughes Michael $44,000
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 $4,481 $129,800 $24,000 $105,800
2024 $4,481 $129,800 $24,000 $105,800
2023 $4,903 $129,800 $24,000 $105,800
2022 $4,903 $129,800 $24,000 $105,800
2021 $5,064 $129,800 $24,000 $105,800
2020 $5,106 $129,800 $24,000 $105,800
2019 $3,386 $85,000 $20,000 $65,000
2018 $3,003 $85,000 $20,000 $65,000
2017 $2,908 $85,000 $20,000 $65,000
2016 $3,474 $90,000 $30,000 $60,000
2015 $3,080 $90,000 $30,000 $60,000
2014 $5,022 $150,000 $90,000 $60,000
Source: Public Records

Map

New Jersey Atlantic County Atlantic City 08401 Monroe Park

507 N Michigan Ave, Atlantic City, NJ

This home is located at 507 N Michigan Ave, Atlantic City, NJ 08401 and is currently estimated at $265,762, approximately $180 per square foot. 507 N Michigan Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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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