NOT LISTED FOR SALE

517 N Dr Martin Luther King Blvd Atlantic City, NJ 08401

Westside Neighborhood

Estimated Value: $109,000 - $180,000

3 Beds
1 Bath
1,164 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $80,000 $69 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $913/month

19 Days on Market

About This Home

As of May 2024

Discover a remarkable opportunity to finalize a promising property perfect for an investment, a summer retreat, or your next family home. This unique property needs to be completed, and it offers an unfinished canvas awaiting your personal touch to complete its transformation. Offers 3brs with an extra large main bedroom as part of an addition and storage room. The foundation for a comfortable and functional living space is well-established, with three bedrooms and the plumbing preliminarily set up for 1.5 bathrooms. Further enhancements include new windows and some electrical completed, with most framing and sheetrock already in place. HIGHEST & BEST DUE 2PM MARCH 21, 2024 This property is offered strictly "AS IS," with the buyer obtaining any/all occupancy certificates, land use, permits, etc. Furthermore, an exciting option exists to purchase this property alongside 527 N. Dr. Martin Luther King Blvd. It offers a unique package deal for investors looking to expand their portfolios or families desiring nearby residences.

Last Agent to Sell the Property

Georgeanna Newmones

eXp Realty-Atlantic City Listed on: 03/13/2024

eXp Realty-Atlantic City

Last Buyer's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1900

Lot Details

  • 1,742

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Lot Dimensions are 17 x 100
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,202

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 03/15/2024
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 17 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 10, 2024
Sold by
517 N Dr Mlk Blvd Llc
Bought by
Grass Arthur F
Seller's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$69,900
Sold Price
$80,000
Premium/Discount to List
$10,100
14.45%
Views
64
Current Estimated Value
$138,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,056
Avg. Annual Appreciation
49.36%

Purchase Details

Closed on
Jul 13, 2020
Sold by
City Of Atlantic City
Bought by
517 N Dr Mlk Blvd Llc

Purchase Details

Closed on
Apr 13, 2018
Sold by
Crane Invstments Llc
Bought by
Bello Edith A

Purchase Details

Closed on
Jun 15, 2012
Sold by
Aerogroup Enterprises Inc
Bought by
Valstar Trading Group Llc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grass Arthur F $80,000 Title Company Of Jersey
517 N Dr Mlk Blvd Llc $50,000 Old Republic Natl Ttl Ins Co
Bello Edith A $5,400 None Available
Valstar Trading Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grass Arthur F $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $80,000 +14.4% $69 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $69,900 +351.0% $60 / Sq Ft
02/15/2013 02/15/13 Sold $15,500 0.0% $13 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $15,500 -- $13 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $2,202 $63,800 $21,800 $42,000
2024 $2,202 $63,800 $21,800 $42,000
2023 $2,410 $63,800 $21,800 $42,000
2022 $2,410 $63,800 $21,800 $42,000
2021 $5,661 $63,800 $21,800 $42,000
2020 $5,661 $63,800 $21,800 $42,000
2019 $5,661 $142,100 $106,000 $36,100
2018 $5,020 $142,100 $106,000 $36,100
2017 $4,861 $142,100 $106,000 $36,100
2016 $5,485 $142,100 $106,000 $36,100
2015 $4,863 $142,100 $106,000 $36,100
2014 $4,758 $142,100 $106,000 $36,100
Source: Public Records

Agents Affiliated with this Home

  • Georgeanna Newmones

    Seller's Agent in 2024

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    23 in this area

    244 Total Sales

    Georgeanna Newmones
    Section Image
  • Gerard Barker

    Buyer's Agent in 2024

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    28 in this area

    227 Total Sales

    Gerard Barker
    Section Image
  • Emily Marchese

    Buyer's Agent in 2013

    Emily Marchese

    MARCHESE REAL ESTATE, LLC

    (609) 241-5141

    232 Total Sales

    Emily Marchese
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 583199

South Jersey Shore Regional MLS

APN: 02-00518-0000-00007

New Jersey Atlantic County Atlantic City 08401 Westside

517 N Dr Martin Luther King Blvd, Atlantic City, NJ

This home is located at 517 N Dr Martin Luther King Blvd, Atlantic City, NJ 08401 since 13 March 2024 and is currently estimated at $138,056, approximately $118 per square foot. This property was built in 1900. 517 N Dr Martin Luther King Blvd 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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes