NOT LISTED FOR SALE

1 N Swarthmore Ave Ventnor City, NJ 08406

Estimated Value: $1,191,000 - $1,965,000

4 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 10, 2020

Last sale price $250,000

Est. 532% increase in value since last sale

Current estimated payment $9,722/month

33 Days on Market

Highlights

  • Deck
  • Walk-In Closet
  • Shed
  • Porch
  • Laundry Room
  • Tile Flooring

About This Home

As of April 2020

This home has been in the same family for generations! Perfect location high elevation and only a few streets from Margate. Short walk to beach, boardwalk, stores & restaurants.Currently set up as a duplex with 2 bedrooms and a bath on each side. but does not have a current use variance, therefore it needs to be sold as a single family home or tear down and build a beautiful new single family home. Lot's of space but needs a complete make over. New roof put in 2013, Hot water heaters less than 5 years old. 2015 new insulation under the house and Front upper deck redone and fiberglass deck installed. Being sold in "AS IS" condition. Buyer responsible for all inspections & certifications. Priced to sell.

Last Agent to Sell the Property

Joanne Ferraro

BHHS FOX and ROACH-Margate License #9231960 Listed on: 02/19/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Joanne Ferraro

BHHS FOX and ROACH-Margate License #9231960 Listed on: 02/19/2020

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,040

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40 x 62.5

Home Design

  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,040

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 02/24/2020
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Tile, Vinyl, W/W Carpet
  • Interior Amenities: Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Porch, Shed, Sidewalks
  • Siding Exterior: Asbestos

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Heating: Baseboard, Hot Water, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric, Gas

Lot Info

  • Lot Dimensions: 40 X 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Seligsohn Mark and Seligsohn Jennifer
Bought by
Mcgrath William D and Mcgrath Debra E
Current Estimated Value
$1,579,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,640
Outstanding Balance
$699,626
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$847,612

Purchase Details

Listed on
Feb 19, 2020
Closed on
Apr 10, 2020
Sold by
Farrell Michael W and Guerrieri Mary K
Bought by
Seligsohn Mark
Seller's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
Buyer's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.59%

Purchase Details

Closed on
Jul 12, 2007
Sold by
Farrell Michael W and Guerrieri Mary K
Bought by
Farrell Michael W and Guerrieri Mary K
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
Mcgrath William D $950,800 None Available
Seligsohn Mark $250,000 Trident Land Transfer Co
Farrell Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath William D $760,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $250,000 -10.4% --
03/23/2020 03/23/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $279,000 -- --
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
2024 $16,040 $586,900 $147,400 $627,800
2023 $15,095 $586,900 $0 $0
2022 $15,095 $586,900 $0 $0
2021 $3,815 $147,400 $147,400 $0
2020 $8,574 $330,900 $147,400 $183,500
2019 $8,554 $330,900 $147,400 $183,500
2018 $8,716 $330,900 $147,400 $183,500
2017 $8,762 $330,900 $147,400 $183,500
2016 $8,141 $372,400 $251,500 $120,900
2015 $8,066 $372,400 $251,500 $120,900
2014 $7,668 $372,400 $251,500 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534326

South Jersey Shore Regional MLS

APN: 22-00133-0000-00002