$775,000
SOLD SEP 13, 2024

109 N Richards Ave Ventnor City, NJ 08406

3 Beds
2 Baths
-- Sq Ft
1,873 Sq Ft Lot

Recently Sold

2% Below List Price

11 Days on Market

Highlights

  • Sun or Florida Room
  • Tankless Water Heater
  • Central Air
  • Laundry Room
  • Tile Flooring
  • Dining Room

About This Home

As of September 2024

Discover a rare opportunity to own a completely renovated, turn-key shore home that beautifully blends modern amenities with historic charm. This single-family home in Ventnor City, NJ, boasts a comprehensive remodel with entirely new electrical, including recessed lighting throughout with modern light fixtures, all new plumbing, roof and siding. The home features new luxury vinyl plank flooring and completely new bathrooms just to name a few upgrades. Step inside to find a gorgeous mudroom with ship-lap walls leading to a fully custom bathroom with tile flooring, adjacent to a laundry room equipped with a new washer and dryer and tankless hot water heater. The main floor features an open living space flowing seamlessly into the brand-new kitchen, complete with a walk-in pantry, quartz counters and stainless steel appliances. A separate dining room and an inviting sunroom offer versatile spaces for dining, entertaining, or working from home, all bathed in natural light. Upstairs, you'll find a full bathroom and three comfortable bedrooms. The exterior is equally impressive with off-street parking, a beautifully landscaped yard with pavers, and a fenced backyard featuring a custom privacy screen and bench seating, creating a private oasis perfect for relaxing, grilling, or enjoying a fire pit after a day at the beach. This move-in ready home boasts an unbeatable location just a few blocks from the beach. Enjoy exceptional proximity to all that Ventnor has to offer, with easy walkability to local favorites like Sundaze for ice cream, and Velo Cafe or Isabella's for brunch. Plus, you're just a short drive or bike ride away from Margate and Atlantic City. Come secure your new home and enjoy the rest of summer here at the Jersey shore!

Last Agent to Sell the Property

Matthew Pauls

Compass New Jersey-Ocean City (O463E) Listed on: 07/25/2024

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,674

Lot Details

  • Lot Dimensions are 30 x 62.5

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Room
  • Sun or Florida Room
  • Tile Flooring
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Parking Spaces
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,674

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 07/25/2024
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Tile, Vinyl Plank
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Florida Room, Laundry/Utility Room, Pantry

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking Exterior: One And Half Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Dimensions: 30 x 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 13, 2024
Sold by
Mbca2 Llc
Bought by
Wilson Theodore Michael and Baertschi Alexandria Elaine
Seller's Agent
Matthew Pauls
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%
Views
36
Current Estimated Value
$779,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,979
Avg. Annual Appreciation
0.69%
Original Mortgage
$400,000
Outstanding Balance
$395,882
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$384,097

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 11, 2023
Sold by
Mccabe Frances
Bought by
Mbca2 Llc
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Matthew Pauls
Compass New Jersey-Ocean City (O463E)
List Price
$424,900
Sold Price
$422,000
Premium/Discount to List
-$2,900
-0.68%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.00%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $775,000 Freedom Title & Abstract
Deed $422,000 Absecon Title Alliance Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $775,000 -1.8% --
08/05/2024 08/05/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $789,000 +87.0% --
11/14/2023 11/14/23 Sold $422,000 -0.7% --
10/13/2023 10/13/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $424,900 -- --
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 $6,674 $326,300 $135,600 $190,700
2024 $6,674 $244,200 $135,600 $108,600
2023 $6,031 $244,200 $135,600 $108,600
2022 $6,031 $244,200 $135,600 $108,600
2021 $6,070 $244,200 $135,600 $108,600
2020 $6,077 $244,200 $135,600 $108,600
2019 $6,063 $244,200 $135,600 $108,600
2018 $6,182 $244,200 $135,600 $108,600
2017 $6,216 $244,200 $135,600 $108,600
2016 $5,641 $269,500 $208,500 $61,000
2015 $5,587 $269,500 $208,500 $61,000
2014 $5,299 $269,500 $208,500 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 587428

South Jersey Shore Regional MLS

APN: 22-00176-0000-00005