NOT LISTED FOR SALE

709 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $178,000 - $244,000

-- Bed
-- Bath
1,536 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $25,000 $16 Per Sq Ft

Est. 773% increase in value since last sale

Current estimated payment $1,495/month

66 Days on Market

About This Home

As of February 2016

Great investment opportunity for the right investor!! Duplex with 2 (2br 1ba) apartments. Newer kitchen upstairs, gas heat, and more!! This is "not" a short sale but property is being sold strictly "AS IS" (cash sale only).

Last Agent to Sell the Property

Georgeanna Newmones

eXp Realty-Atlantic City Listed on: 10/27/2015

eXp Realty-Atlantic City

Last Buyer's Agent

Irene Foley-Chort

BHHS FOX and ROACH-Northfield License #7843311

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,687

Lot Details

  • 1,394

Parking

  • Off-Site Parking

Home Design

  • Duplex

Additional Features

  • Lot Dimensions are 16 x 90
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,687

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

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

Lot Info

  • Lot Dimensions: 16 x 90

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Ptl Realty One Llc
Bought by
709 N Michigan Ave Llc
Current Estimated Value
$218,130

Purchase Details

Closed on
Oct 29, 2020
Sold by
Titan Property Maintenance Corp
Bought by
Ptl Realty One Llc

Purchase Details

Closed on
Sep 17, 2020
Sold by
Farmer Nicholas Donald
Bought by
Titan Property Maintenance Corp

Purchase Details

Listed on
Oct 27, 2015
Closed on
Feb 17, 2016
Sold by
Morris Allan
Bought by
Farmer Nicholas Donald
Seller's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
Buyer's Agent
Irene Foley-Chort
BHHS FOX and ROACH-Northfield
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.52%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Morris Allan and Mcintosh Wayne
Bought by
Mcintosh Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Morris Allan
Bought by
Morris Allan and Mcintosh Wayne
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
709 N Michigan Ave Llc -- Fidelity National Title
Ptl Realty One Llc -- South Jersey Settlement Agcy
Titan Property Maintenance Corp $29,000 Fidelity National Title
Farmer Nicholas Donald $25,000 Old Republic Natl Title Ins
Mcintosh Wayne -- --
Morris Allan $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ptl Realty One Llc $123,750
Previous Owner Ptl Realty One Llc $65,000
Previous Owner Mcintosh Wayne $50,000
Previous Owner Morris Allan $32,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $25,000 0.0% $16 / Sq Ft
01/01/2016 01/01/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $25,000 -- $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 $3,687 $106,800 $20,800 $86,000
2024 $3,687 $106,800 $20,800 $86,000
2023 $4,034 $106,800 $20,800 $86,000
2022 $4,034 $106,800 $20,800 $86,000
2021 $4,166 $106,800 $20,800 $86,000
2020 $4,202 $106,800 $20,800 $86,000
2019 $1,992 $50,000 $20,000 $30,000
2018 $1,767 $50,000 $20,000 $30,000
2017 $1,711 $50,000 $20,000 $30,000
2016 $7,276 $188,500 $104,800 $83,700
2015 $6,450 $188,500 $104,800 $83,700
2014 $6,311 $188,500 $104,800 $83,700
Source: Public Records

Agents Affiliated with this Home

  • Georgeanna Newmones

    Seller's Agent in 2016

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    21 in this area

    249 Total Sales

    Georgeanna Newmones
    Section Image
  • Irene Foley-Chort

    Buyer's Agent in 2016

    Irene Foley-Chort

    BHHS Fox & Roach

    (609) 233-9175

    3 Total Sales

    Irene Foley-Chort
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 457446

South Jersey Shore Regional MLS

APN: 02-00491-0000-00007

New Jersey Atlantic County Atlantic City 08401 Monroe Park

709 N Michigan Ave, Atlantic City, NJ

This home is located at 709 N Michigan Ave, Atlantic City, NJ 08401 since 27 October 2015 and is currently estimated at $218,130, approximately $142 per square foot. 709 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.

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