NOT LISTED FOR SALE

524 Drexel Ave Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $112,295 - $209,000

3 Beds
1 Bath
1,152 Sq Ft
$140/Sq Ft Est. Value

Last Sold April 28, 2023

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

Est. 101% increase in value since last sale

Current estimated payment $1,023/month

Highlights

  • Porch
  • Dining Room
  • Fenced
  • Laundry Room

About This Home

As of December 2023

Newly renovated Bungalow park 2 story row home, street parking only. Has laundry room, Gas cooking & Microwave, radiator heating, and fenced in back yard.

Last Agent to Rent the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 09/14/2023

WEICHERT REALTORS ASBURY GROUP-AC

Last Renter's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 09/14/2023

WEICHERT REALTORS ASBURY GROUP-AC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,057

Year Built

  • 1900

Lot Details

  • 1,176

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Laminate Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Porch
  • Fenced
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,057

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 2250

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: 2 Story
  • Lvt Date: 09/14/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 1900

Interior Features

  • Appliances: Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Laminate Flooring
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Paved Road, Porch, Sidewalks
  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Apr 28, 2023
Sold by
Fennimore Betty and Cuxi Josue Amilcar
Bought by
Grass Arthur
Seller's Agent
FRANKLIN ROSALES
PLATINUM REAL ESTATE
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
299
Current Estimated Value
$160,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,765
Avg. Annual Appreciation
32.80%
Original Mortgage
$64,000
Outstanding Balance
$62,198
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$98,567

Purchase Details

Listed on
Jan 30, 2020
Closed on
Feb 28, 2020
Sold by
Lee Wayne
Bought by
Cuxi Josue Amilcar
Seller's Agent
Tracey Newmones
EXP Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$44,900
Sold Price
$43,000
Premium/Discount to List
-$1,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%

Purchase Details

Listed on
Jun 7, 2016
Closed on
Oct 27, 2016
Sold by
Fannie Mae Aka Federal National Mtg
Bought by
Lee Wayne
Seller's Agent
Charles Miltenberger
Vylla Home - Northfield
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$18,000
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.79%

Purchase Details

Closed on
May 17, 2016
Sold by
Caldwell Chief Sheriff Ofc Stephen
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Apr 19, 2001
Sold by
Sisco Edna
Bought by
Haddock Leslie
Source: Public Records

Range of Values:

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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
Grass Arthur $80,000 None Listed On Document
Cuxi Josue Amilcar $43,000 Cape Atlantic Title Agcy Llc
Lee Wayne $18,000 --
Federal National Mortgage Assoc $1,000 --
Haddock Leslie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grass Arthur $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Rented -- -- --
09/14/2023 09/14/23 For Rent $2,250 0.0% --
04/28/2023 04/28/23 Sold $80,000 -20.0% $69 / Sq Ft View Prior Sale
03/01/2023 03/01/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $100,000 +132.6% $87 / Sq Ft
02/28/2020 02/28/20 Sold $43,000 0.0% $37 / Sq Ft View Prior Sale
02/28/2020 02/28/20 Sold $43,000 -4.2% $37 / Sq Ft View Prior Sale
02/13/2020 02/13/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $44,900 0.0% $39 / Sq Ft
12/07/2019 12/07/19 For Sale $44,900 +149.4% $39 / Sq Ft
10/28/2016 10/28/16 Sold $18,000 0.0% $16 / Sq Ft View Prior Sale
10/14/2016 10/14/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $18,000 -- $16 / 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 $2,057 $59,600 $24,700 $34,900
2024 $2,057 $59,600 $24,700 $34,900
2023 $2,251 $59,600 $24,700 $34,900
2022 $2,251 $59,600 $24,700 $34,900
2021 $2,325 $59,600 $24,700 $34,900
2020 $2,345 $59,600 $24,700 $34,900
2019 $2,044 $51,300 $23,000 $28,300
2018 $3,886 $110,000 $81,700 $28,300
2017 $3,763 $110,000 $81,700 $28,300
2016 $4,246 $110,000 $81,700 $28,300
2015 $3,764 $110,000 $81,700 $28,300
2014 $3,683 $110,000 $81,700 $28,300
Source: Public Records

Agents Affiliated with this Home

  • Gerard Barker

    Landlord's Agent in 2023

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    91 in this area

    221 Total Sales

    Gerard Barker
    Section Image
  • FRANKLIN ROSALES

    Seller's Agent in 2023

    FRANKLIN ROSALES

    PLATINUM REAL ESTATE

    (609) 380-6297

    1 in this area

    27 Total Sales

    FRANKLIN ROSALES
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    DAVID RODRIGUEZ

    PLATINUM REAL ESTATE

    1 in this area

    10 Total Sales

    DAVID RODRIGUEZ
    Section Image
  • Tracey Newmones

    Seller's Agent in 2020

    Tracey Newmones

    EXP Realty, LLC

    (609) 944-8809

    23 in this area

    146 Total Sales

    Tracey Newmones
    Section Image
  • Georgeanna Newmones

    Seller's Agent in 2020

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    41 in this area

    241 Total Sales

    Georgeanna Newmones
    Section Image
  • VERONICA BARNES

    Seller Co-Listing Agent in 2020

    VERONICA BARNES

    EXECUTIVE REALTORS

    (609) 254-6419

    3 Total Sales

    VERONICA BARNES
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577793

South Jersey Shore Regional MLS

APN: 02-00427-0000-00005

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

524 Drexel Ave, Atlantic City, NJ

This home is located at 524 Drexel Ave, Atlantic City, NJ 08401 since 14 September 2023 and is currently priced at $160,765. This property was built in 1900. 524 Drexel Ave is a home located in Atlantic County with nearby schools including Uptown Complex 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.
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