NOT LISTED FOR SALE

388 Cambridge Dr Ramsey, NJ 07446

Estimated Value: $328,000 - $425,000

1 Bed
1 Bath
784 Sq Ft
$294/mo HOA Fee

Last Sold November 20, 2018

Last sale price $217,500 $277 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,809/month

89 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Tennis Courts
  • Ramsey High School Rated A
  • Clubhouse
  • Breakfast Bar

About This Home

As of November 2018

Time to Simplify! Opportunities for a Dollhouse Condo with Open and Spacious Layout in this Desirable Ramsey Gated Community are Few and Far Between...Here is Your Chance! Conveniently located within the development, this ground floor unit has no steps and includes 2 parking spots. Kitchen is equipped with granite countertops, dishwasher and refrigerator are new. Membership includes swimming pool, exercise room, clubhouse, and tennis courts. To top it off, bus transportation to NYC is right outside the gate. Who has it better than the buyer of this charming condo? Come check it out and make it your own. (One parking spot is located near front of unit and the other is past mailboxes. Both are marked with unit#.)

Last Agent to Sell the Property

Betti Russo

KELLER WILLIAMS PROSPERITY REALTY Listed on: 07/27/2018

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

Mark Perry

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,193

Year Built

  • Built in 1995

Lot Details

  • 436

HOA Fees

  • $294 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Lot

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1148-04001-0000-00022-0000-C0388
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,193

Year Built

Built in 1995

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1995
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 388
  • Directions: Crescent to Cambridge- quick left after guard house.
  • I D: 4825277
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Cambridge Heights
  • First Name: BETTI
  • First Name3: MARK
  • Last Name: RUSSO
  • Last Name3: PERRY
  • Office Phone: 201-891-8085
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 4
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Breakfast Bar
  • Ground Level Rooms: 1 Bedroom, Bath Main, Family Room, Kitchen
  • Phone: 201-891-8085

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Parking Lot-Shared, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Association
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Exercise Room, Tennis Courts
  • Association Maintenance Fee: 294
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: R

Lot Info

  • Assessed Improvement Value: 110800
  • Assessed Land Value: 110000
  • Assessment: 220800
  • Easement: Unknown
  • Lot Identifier: 22
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.01

Rental Info

  • Application Fee: 1230

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5193
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1148-04001-0000-00022-0000-C0388
  • Tax Rate Amount: 2.352
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Cambridge Heights Condominium Associatio
Bought by
Cambridge Heights Condominium Association Inc
Current Estimated Value
$376,508

Purchase Details

Listed on
Jul 27, 2018
Closed on
Nov 19, 2018
Sold by
Kazemi Farzam Z
Bought by
Price Jeffrey S
Seller's Agent
Betti Russo
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Mark Perry
RE/MAX SELECT
List Price
$249,000
Sold Price
$217,500
Premium/Discount to List
-$31,500
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$150,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2012
Sold by
Kazemi Joseph and Kazemi Fariba
Bought by
Kazemi Farzam and Kazemi-Zanjani Farzam

Purchase Details

Closed on
Jan 24, 2008
Sold by
Fornella P Ryan
Bought by
Zanjani Farzam Kazemi and Kazemi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Canavan Brian J
Bought by
Fornella P Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.28%

Purchase Details

Closed on
May 22, 1995
Sold by
Town & Country Dev
Bought by
Cornish Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.2%
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
Cambridge Heights Condominium Association Inc -- None Listed On Document
Cambridge Heights Condominium Association Inc -- None Listed On Document
Price Jeffrey S $217,500 --
Kazemi Farzam $100,000 --
Zanjani Farzam Kazemi $297,500 --
Fornella P Ryan $249,000 --
Cornish Regina $121,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Jeffrey S $150,000
Previous Owner Zanjani Farzam Kazemi $200,000
Previous Owner Fornella P Ryan $199,200
Previous Owner Cornish Regina $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $217,500 -12.7% $277 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $249,000 -- $318 / Sq Ft
Source: Garden State 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 $6,231 $329,000 $175,000 $154,000
2024 $6,043 $220,800 $110,000 $110,800
2023 $5,792 $220,800 $110,000 $110,800
2022 $5,792 $220,800 $110,000 $110,800
2021 $5,725 $220,800 $110,000 $110,800
2020 $5,675 $220,800 $110,000 $110,800
2019 $5,427 $220,800 $110,000 $110,800
2018 $5,293 $220,800 $110,000 $110,800
2017 $5,193 $220,800 $110,000 $110,800
2016 $5,050 $220,800 $110,000 $110,800
2015 $5,602 $207,400 $100,000 $107,400
2014 $5,506 $207,400 $100,000 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3490446

Garden State MLS

APN: 48-04001-0000-00022-0000-C0388