NOT LISTED FOR SALE

32 S Richards Ave Unit 1 Ventnor City, NJ 08406

Estimated Value: $403,000 - $472,000

2 Beds
1 Bath
-- Sq Ft
1,220 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $149,900

Est. 196% increase in value since last sale

Current estimated payment $2,748/month

111 Days on Market

Highlights

  • Deck
  • Furnished
  • Laundry Room
  • Wood Flooring
  • Ground Level Unit
  • Dining Room

About This Home

As of August 2020

Incredible opportunity to own this well maintained and upgraded 2 bed 1 bath condo 1 block from beach. All the work has been done to make this a completely turn key move in ready 2nd home or investment property. Exterior features large front deck to enjoy summer evenings, quieter front street that typically allows for excess parking and large back patio area with storage compartment. Inside features natural hardwood floors, comfortable layout with large living room and open concept kitchen and dining room. Stack Washer and dryer included. Large bedrooms with ceiling fans. Property is being sold furnished less personal items.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 03/25/2020

Last Buyer's Agent

Julie Lomas

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1904

Lot Details

  • 1,220

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,040

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Year Built: 1904
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Cohen Barbara and Cohen Steven
Bought by
Sichel Joel and Welsh Fern
Current Estimated Value
$443,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$153,114
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,845

Purchase Details

Listed on
Mar 25, 2020
Closed on
Aug 27, 2020
Sold by
Massanova Donna
Bought by
Cohen Barbara and Cohen Steven
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Julie Lomas
NEW ERA REAL ESTATE-B
List Price
$164,900
Sold Price
$149,900
Premium/Discount to List
-$15,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.42%
Original Mortgage
$119,920
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Sichel Joel $225,000 Nest Agency Inc
Cohen Barbara $149,900 Lincoln Land Transfer Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sichel Joel $168,750
Previous Owner Cohen Barbara $119,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $149,900 -9.1% --
07/29/2020 07/29/20 Price Changed $164,900 +10.0% --
07/14/2020 07/14/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $149,900 -9.1% --
03/25/2020 03/25/20 For Sale $164,900 -- --
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 $5,040 $184,400 $126,800 $57,600
2024 $5,040 $184,400 $126,800 $57,600
2023 $4,743 $184,400 $126,800 $57,600
2022 $4,743 $184,400 $126,800 $57,600
2021 $4,772 $184,400 $126,800 $57,600
2020 $4,778 $184,400 $126,800 $57,600
2019 $4,767 $184,400 $126,800 $57,600
2018 $4,857 $184,400 $126,800 $57,600
2017 $4,883 $184,400 $126,800 $57,600
2016 $4,661 $213,200 $134,500 $78,700
2015 $4,618 $213,200 $134,500 $78,700
2014 $4,390 $213,200 $134,500 $78,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2020

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    31 in this area

    498 Total Sales

    Jeff Quintin
    Section Image
  • Julie Lomas

    Buyer's Agent in 2020

    Julie Lomas

    RE/MAX Platinum Properties

    (609) 346-4782

    12 in this area

    49 Total Sales

    Julie Lomas
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 535662

South Jersey Shore Regional MLS

APN: 22-00075-0000-00030-0000-C01

New Jersey Atlantic County Ventnor City 08406

32 S Richards Ave Unit 1, Ventnor City, NJ

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