NOT LISTED FOR SALE

26 S Richards Ave Ventnor City, NJ 08406

Estimated Value: $1,120,000 - $1,486,000

6 Beds
3.5 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold March 09, 2018

Last sale price $515,000

Est. 148% increase in value since last sale

Current estimated payment $7,793/month

67 Days on Market

Highlights

  • Water Views
  • Recreation Room
  • Sun or Florida Room
  • Deck
  • Wood Flooring
  • Den

About This Home

As of March 2018

Located just 9 houses from the beach and boardwalk of Ventnor, this immaculate south block home boasts terrific ocean views from it's front porch. From there, a large tiled sunroom with decorative windows offers an inviting first impression. The freshly painted large living room, complete with a built-in wood burning fireplace and original coffered ceilings, flows into an adjacent full-size dining room with original custom built-ins and a beautiful bay window. There is also a gorgeous remodeled eat-in kitchen with stainless steel appliances and a brand new tile floor. A large laundry room and powder room complete the first floor. The 2nd floor features four very large bedrooms including a master bedroom suite with its own full bathroom. There is another full bathroom for the other bedrooms. The ground level includes a large family room, two more bedrooms and another full bathroom and a 2nd laundry room with new washer & dryer. The home also has 2 hot water heaters. The home has been very well maintained with exterior highlights that include a fenced yard, an outdoor shower and parking for 3 or 4 cars. Very low flood insurance and since it is zoned as a duplex you can rent the downstairs. This is the perfect for a shore getaway or a year round home!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 11/18/2017

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 11/18/2017

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,102

Lot Details

  • Lot Dimensions are 38' x 65'
  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stone or Rock in Basement

Home Security

  • Burglar Security System
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,102

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds
  • Lvt Date: 11/18/2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Security System, Storage
  • Bedrooms: 6
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Lower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Lower
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Masonry Floor/Wall, Outside Entrance, Plumbing
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, In-Law Quarters, Laundry/Utility Room, Pantry, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch Enclosed, Shed
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area, Water View
  • Lot Dimensions: 38' x 65'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Hoffman Steven E and Hoffman Jodi
Bought by
Sjnr Joint Revocable Trust and Hoffman
Current Estimated Value
$1,277,828

Purchase Details

Listed on
Nov 18, 2017
Closed on
Mar 2, 2018
Sold by
Brown Stuart M and Brown Desiree A
Bought by
Hoffman Steven E and Hoffman Jodi
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$412,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Seubert Mark G and Seubert Maria D
Bought by
Brown Stuart M and Brown Desiree A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1999
Sold by
Priest Cleo A
Bought by
Seubert Mark G and Seubert Maria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,700
Interest Rate
6.76%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Palmiere Domenic
Bought by
Priest Cleo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.77%

Purchase Details

Closed on
Jan 11, 1991
Sold by
Palmiere Domenic
Bought by
Palmiere Domenic

Purchase Details

Closed on
Aug 19, 1988
Sold by
Soulen Constance and Shuster,L Co-Ex
Bought by
Palmiere Domenic and Palmiere Persiano,Jerome
Source: Public Records

Range of Values:

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Average Value
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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
Sjnr Joint Revocable Trust -- None Listed On Document
Hoffman Steven E $515,000 Elkins Park Abstract Co
Brown Stuart M $555,000 None Available
Seubert Mark G $152,000 The Title Company
Priest Cleo A $132,000 The Title Company
Palmiere Domenic $24,000 --
Palmiere Domenic $142,500 --
Palmiere Domenic -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Steven E $412,000
Previous Owner Brown Stuart M $444,000
Previous Owner Seubert Mark G $150,700
Previous Owner Priest Cleo A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2018 03/09/18 Sold $515,000 -3.7% --
01/24/2018 01/24/18 Pending -- -- --
11/18/2017 11/18/17 For Sale $535,000 -- --
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 $13,102 $479,400 $257,700 $221,700
2024 $13,102 $479,400 $257,700 $221,700
2023 $12,330 $479,400 $257,700 $221,700
2022 $12,330 $479,400 $257,700 $221,700
2021 $12,407 $479,400 $257,700 $221,700
2020 $12,421 $479,400 $257,700 $221,700
2019 $12,392 $479,400 $257,700 $221,700
2018 $11,142 $423,000 $257,700 $165,300
2017 $11,201 $423,000 $257,700 $165,300
2016 $10,152 $464,400 $314,200 $150,200
2015 $10,059 $464,400 $314,200 $150,200
2014 $9,562 $464,400 $314,200 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497299

South Jersey Shore Regional MLS

APN: 22-00075-0000-00028-01