NOT LISTED FOR SALE

717 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $194,000 - $242,000

-- Bed
-- Bath
1,536 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $175,000 $114 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,421/month

82 Days on Market

About This Home

As of February 2024

Duplex located near shopping area "The Walk". Tenant Occupied. Rental Income: 1st. floor: $950/month; 2nd. floor:$950/month. Call for Appointment. 24 Hour Notice. Bring all offers.

Last Agent to Sell the Property

Marsha Martin

ORCHID REALTY Listed on: 09/16/2023

Last Buyer's Agent

Marsha Martin

ORCHID REALTY Listed on: 09/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,986

Lot Details

  • Lot Dimensions are 15.6x90

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Insulated Windows
  • Living Room
  • Dining Area
  • Crawl Space
  • Stove

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,986

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 09/16/2023
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Kitchen, Living Room

Exterior Features

  • Siding Exterior: Brick, Stucco
  • Storm Screens: Insulated Glass

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

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

Lot Info

  • Lot Dimensions: 15.6x90

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Reich Aryeh
Bought by
N Michigan Properties Llc
Current Estimated Value
$215,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$209,461
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$5,679

Purchase Details

Listed on
Sep 16, 2023
Closed on
Feb 12, 2024
Sold by
An Land And Properties Llc
Bought by
Reich Aryeh L
Seller's Agent
Marsha Martin
ORCHID REALTY
Buyer's Agent
Marsha Martin
ORCHID REALTY
List Price
$199,500
Sold Price
$175,000
Premium/Discount to List
-$24,500
-12.28%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$131,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Rahin Mohammed A
Bought by
An Land And Properties Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
Husaeen Ak
Bought by
Rahin Mohammed A

Purchase Details

Closed on
Mar 8, 2006
Sold by
Ellis Deborah
Bought by
Ak Husaeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1997
Sold by
Stevenson Agnes A
Bought by
Stevenson Agnes A

Purchase Details

Closed on
Jan 13, 1995
Sold by
Phelps Irene and Phelps William Thomas
Bought by
Stevenson Agnes A
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
N Michigan Properties Llc -- None Listed On Document
Reich Aryeh L $175,000 Madison Title Agency
An Land And Properties Llc -- None Available
Rahin Mohammed A $37,500 North American Title Agency
Ak Husaeen $182,000 --
Stevenson Agnes A -- --
Stevenson Agnes A $22,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open N Michigan Properties Llc $210,000
Previous Owner Reich Aryeh L $131,250
Previous Owner Husaeen Ak $202,500
Previous Owner Ak Husaeen $154,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $175,000 -12.3% $114 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $199,500 -- $130 / 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 $2,986 $86,500 $20,800 $65,700
2024 $2,986 $86,500 $20,800 $65,700
2023 $3,267 $86,500 $20,800 $65,700
2022 $3,267 $86,500 $20,800 $65,700
2021 $3,374 $86,500 $20,800 $65,700
2020 $4,202 $106,800 $20,800 $86,000
2019 $1,992 $50,000 $10,000 $40,000
2018 $1,767 $50,000 $10,000 $40,000
2017 $2,224 $65,000 $32,500 $32,500
2016 $2,509 $65,000 $32,500 $32,500
2015 $2,567 $75,000 $20,000 $55,000
2014 $6,703 $200,200 $104,800 $95,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marsha Martin

    ORCHID REALTY

    (609) 335-7488

    2 in this area

    7 Total Sales

    Marsha Martin
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577879

South Jersey Shore Regional MLS

APN: 02-00491-0000-00003

New Jersey Atlantic County Atlantic City 08401 Monroe Park

717 N Michigan Ave, Atlantic City, NJ

This home is located at 717 N Michigan Ave, Atlantic City, NJ 08401 since 16 September 2023 and is currently estimated at $215,140, approximately $140 per square foot. 717 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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