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511 North Ohio Avenue

511 North Ohio Avenue, Atlantic City, NJ 08401
Property in Monroe Park
Sold Apr 07, 2011
$128,000
$124,755 by Fifth Third Mortgage Co
Mortgage Due Apr 01, 2041
Sold Aug 12, 2009
$157,500
$102,375 by Franklin American Mortgage Co
Mortgage Due Aug 01, 2039
511 North Ohio Avenue has been categorized by the local assessors in Atlantic City, NJ as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The building has a total of 2 stories. In addition, 511 North Ohio Avenue has 2,508 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 937 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 2,810 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 511 North Ohio Avenue was last sold in Mar 31, 2011 for $128,000. According to our calculations, that's $51.04 per sqft. Prior to that sales transaction, the property was sold for $157,500 in Jul 9, 2009. Current property owners are expected to pay $4,083 in taxes per year. The property on 511 North Ohio Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $108,100. To break that down further, the land itself was valued at $26,200. While improvements to the property were assessed at a total of $81,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,810
  • Lot Size Depth Feet: 937
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,508
  • Building Area: 2,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,508
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CASTILLO NELSON
  • Previous Owner : LOPEZ MERCEDES
  • Previous Owner 2: LOPEZ MERCEDEZ
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 001200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 84
  • District: 02
  • Parcel: 02 00502-0000-00005
  • Block: 502
  • Lot: 5
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3662
  • Longitude: -74.4385

    Address

  • Full Address: 511 N Ohio Ave
  • Address - House Number: 511
  • Street Direction: N
  • Address - Street Name: Ohio
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C041
  • 4-Digit Zip Code: 3112
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,083

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $172,967
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 07, 2011
  • First Open Lien Mortgage Loan Amount: $124,755
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041
  • Second Open Lien Mortgage Lender: INTERNATIONAL FIDELITY INS CO
  • Second Open Lien Mortgage Recording Date: Sep 26, 2012
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Sep 26, 2042
  • Third Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Third Open Lien Mortgage Recording Date: Mar 17, 2022
  • Third Open Lien Mortgage Loan Amount: $23,212
  • Third Open Lien Mortgage Term: 228
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Apr 01, 2041

    Market Valuation

  • Market Total Value: $108,100
  • Market Land Value: $26,200
  • Market Improvement Value: $81,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,100
  • Assessed Land Value: $26,200
  • Assessed Improvements Value: $81,900

    Sales

  • Current Sale Contract Date: Mar 31, 2011
  • Current Sale Recording Date: Apr 07, 2011
  • Current Sale Transaction ID: 1117408198
  • Current Sale Price: $128,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2011022738
  • Previous Sale Recording Date: Aug 12, 2009
  • Previous Sale Contract Date: Jul 09, 2009
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Apr 07, 2011
  • First Mortgage Loan Amount: $124,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 12, 2009
  • Previous Mortgage Loan Amount: $102,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Monroe Park



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Frequently Asked Questions

What neighborhood is 511 North Ohio Avenue located in?
The 511 North Ohio Avenue is a located in the neighborhood of Monroe Park in Monroe Park, Atlantic City.
What is the average sales price for listings in 511 North Ohio Avenue?
The average sales price for units in 511 North Ohio Avenue is $0 currently.

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