NOT LISTED FOR SALE

816 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $172,000 - $238,000

-- Bed
-- Bath
1,342 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $36,000 $27 Per Sq Ft

Est. 477% increase in value since last sale

Current estimated payment $1,405/month

9 Days on Market

About This Home

As of March 2017

Good investment property, Ready to produce income. No major repairs required, some recent upgrades. Easy to show. Property is being sold AS IS, where-is. Buyer is responsible for all required lender/gov't certifications and CO.

Last Agent to Sell the Property

Stamen Iliev

Keyway Real Estate, LLC Listed on: 10/24/2016

Last Buyer's Agent

Michael Mackenzie

BHHS FOX and ROACH-Northfield

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 25x90

Home Design

  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,711

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 10/25/2016
  • Year Built: 1900
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 25x90

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Mar 17, 2017
Sold by
Myszka Peter and Myszka Lam
Bought by
Rehani Laith
Seller's Agent
Stamen Iliev
Keyway Real Estate, LLC
Buyer's Agent
Michael Mackenzie
BHHS FOX and ROACH-Northfield
List Price
$36,000
Sold Price
$36,000
Current Estimated Value
$207,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,542
Avg. Annual Appreciation
22.83%

Purchase Details

Closed on
Feb 25, 2013
Sold by
Olendzki Pawel and Olendzki Paul
Bought by
Myzka Piotr and Myzka Peter

Purchase Details

Closed on
Apr 4, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Myzka Piotr and Olendzki Pawel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,020
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2007
Sold by
Batista Dilcy
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 25, 2006
Sold by
Luna Ulises Sanchez
Bought by
Dilcy Batista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
O'Brien Shawn
Bought by
Sanchez Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,250
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2004
Sold by
Pherribo Gordon
Bought by
O'Brien Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1998
Sold by
Pherribo Paula
Bought by
Pherribo Gordon
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
Rehani Laith $36,000 None Available
Myzka Piotr -- None Available
Myzka Piotr $127,500 Fortune Title Agency Inc
Deutsche Bank National Trust Co -- Land Title Services Nj Inc
Dilcy Batista $205,000 --
Sanchez Luna $155,000 --
Sanchez Luna $155,000 --
Sanchez Luna $155,000 --
O'Brien Shawn $114,000 --
Obrien Shawn $114,000 Fidelity National Title
Pherribo Gordon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myszka Piotr $5,020
Previous Owner Myzka Piotr $125,504
Previous Owner Dilcy Batista $164,000
Previous Owner Sanchez Luna $23,250
Previous Owner Sanchez Luna $124,000
Previous Owner Obrien Shawn $108,300
Closed O'Brien Shawn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $36,000 0.0% $27 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $36,000 -- $27 / 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 $3,711 $107,500 $24,000 $83,500
2024 $3,711 $107,500 $24,000 $83,500
2023 $4,060 $107,500 $24,000 $83,500
2022 $4,060 $107,500 $24,000 $83,500
2021 $4,194 $107,500 $24,000 $83,500
2020 $4,229 $107,500 $24,000 $83,500
2019 $2,390 $60,000 $15,000 $45,000
2018 $2,120 $60,000 $15,000 $45,000
2017 $3,182 $93,000 $30,000 $63,000
2016 $3,590 $93,000 $30,000 $63,000
2015 $3,182 $93,000 $30,000 $63,000
2014 $3,114 $93,000 $30,000 $63,000
Source: Public Records

Agents Affiliated with this Home

  • Stamen Iliev

    Seller's Agent in 2017

    Stamen Iliev

    Keyway Real Estate, LLC

    (609) 350-4533

    31 Total Sales

    Stamen Iliev
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Mackenzie

    BHHS Fox & Roach

    (609) 576-6711

    14 in this area

    37 Total Sales

    Michael Mackenzie
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 476858

South Jersey Shore Regional MLS

APN: 02-00641-0000-00007

New Jersey Atlantic County Atlantic City 08401 Monroe Park

816 N Michigan Ave, Atlantic City, NJ

This home is located at 816 N Michigan Ave, Atlantic City, NJ 08401 since 24 October 2016 and is currently estimated at $207,542, approximately $154 per square foot. This property was built in 1900. 816 N Michigan Ave is a home located in Atlantic County with nearby schools including Dr. Martin Luther King Jr. School Complex, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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