NOT LISTED FOR SALE

125 N Richards Ave Ventnor City, NJ 08406

Estimated Value: $742,156 - $851,000

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

Last Sold February 05, 2021

Last sale price $485,000

Est. 66% increase in value since last sale

Current estimated payment $5,227/month

4 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Baseboard Heating
  • Central Air

About This Home

As of February 2021

Completely gutted and redone beautifully! Enter unto the sunny and cozy sun porch which leads into a fully open layout with a nicely sized living and dining area. The kitchen is a real WOW! The yard has enough space to enjoy outdoor meals and relax with friends. A wonderful area of Ventnor to walk to many shops and restaurants and walking distance to Margate. Just a few blocks to the beach and boardwalk. Sorry, it was so perfect it sold to the first person who saw it.

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 01/08/2021

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 01/08/2021

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,123

Lot Details

  • Lot Dimensions are 30 x 62.5

Parking

  • 1 Car Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Storm Screens

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,123

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 01/12/2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Siding Exterior: Aluminum
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Segal Jeffrey A and Segal Hope
Bought by
Cunningham John C and Cunningham Carol M
Current Estimated Value
$804,289

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 29, 2021
Sold by
Hilley Timothy A and Rumsey David A
Bought by
Segal Jeffrey A and Segal Hope
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$360,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 26, 2018
Sold by
Bv001 Reo Blocker Llc
Bought by
Hilley Timothy X and Rumsey David A
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
STEPHANIE O'GRADY
Vylla Home - Atlantic City
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.95%

Purchase Details

Closed on
Apr 28, 1999
Sold by
Chiliberti Frank A and Chiliberti Susan L
Bought by
Nachimson Barry and Nachimson Ellen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,320
Interest Rate
6.54%
Mortgage Type
Balloon

Purchase Details

Closed on
May 30, 1990
Sold by
Purfield Jr Lawrence C and Purfield Margaret
Bought by
Chiliberti Frank A and Chiliberti Susan L
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
Cunningham John C $692,500 Trident Land Transfer
Segal Jeffrey A $485,000 None Available
Hilley Timothy X $155,000 The Title Co Of Jersey
Nachimson Barry $112,900 Fidelity National Title Ins
Chiliberti Frank A $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Segal Jeffrey A $360,000
Previous Owner Nachimson Barry $106,400
Previous Owner Nachimson Barry $90,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $485,000 0.0% --
01/12/2021 01/12/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $485,000 +212.9% --
11/26/2018 11/26/18 Sold $155,000 +3.3% --
11/15/2018 11/15/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $150,000 -- --
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
2025 $10,123 $370,400 $135,600 $234,800
2024 $10,123 $370,400 $135,600 $234,800
2023 $9,527 $370,400 $135,600 $234,800
2022 $9,527 $370,400 $135,600 $234,800
2021 $6,457 $249,500 $135,600 $113,900
2020 $6,465 $249,500 $135,600 $113,900
2019 $6,450 $249,500 $135,600 $113,900
2018 $6,572 $249,500 $135,600 $113,900
2017 $6,607 $249,500 $135,600 $113,900
2016 $6,390 $292,300 $208,500 $83,800
2015 $6,331 $292,300 $208,500 $83,800
2014 $6,018 $292,300 $208,500 $83,800
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Seller's Agent in 2021

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    59 in this area

    234 Total Sales

    Rene Kane
    Section Image
  • Mark Arbeit

    Seller's Agent in 2018

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    14 in this area

    55 Total Sales

    Mark Arbeit
    Section Image

  • S

    Buyer's Agent in 2018

    STEPHANIE O'GRADY

    Vylla Home - Atlantic City

    (609) 437-0022

    8 Total Sales

    STEPHANIE O'GRADY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 546134

South Jersey Shore Regional MLS

APN: 22-00176-0000-00013

New Jersey Atlantic County Ventnor City 08406

125 N Richards Ave, Ventnor City, NJ

This home is located at 125 N Richards Ave, Ventnor City, NJ 08406 since 08 January 2021 and is currently estimated at $804,289. 125 N Richards Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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