NOT LISTED FOR SALE

405 Berkshire Dr Unit 407 Ventnor City, NJ 08406

Estimated Value: $517,000 - $807,000

-- Bed
-- Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold January 12, 2016

Last sale price $242,000

Est. 195% increase in value since last sale

Current estimated payment $4,412/month

90 Days on Market

Highlights

  • Deck
  • Living Room
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Outdoor Shower
  • Dining Room

About This Home

As of January 2016

spotless and spacious is this duplex. Tucked away on a quiet street. Perfect for the year round owner who wants help paying his rent or for the summer person wanting a bit of quiet. Huge rooms and lots of storage make this an attractive property. Outside features are decks on both units, fenced in rear yard for the pet and family BBQ's, off street parking too. 1st floor unit rented since 2011 for $1100( now month to month lease) & 2nd fl vacant with new carpet and fresh paint. Will condo as well $150K p

Last Agent to Sell the Property

Ginger O'Neill

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 08/08/2015

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,270

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Separate Meters
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,270

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Year Built: 65
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen, Kitchen, Living Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower
  • Siding Exterior: Asbestos, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard, Forced Air
  • Sewer: Private
  • Water: Private
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 60 x 100

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2015
Closed on
Jan 13, 2016
Sold by
Costello Robert J
Bought by
Brown Jennifer J
Seller's Agent
Ginger O'Neill
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$242,000
Sold Price
$242,000
Current Estimated Value
$714,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,416
Avg. Annual Appreciation
11.25%
Original Mortgage
$237,616
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1991
Sold by
Mustakas Arthur G
Bought by
Costello Robert J and Costello Carmela R
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
Brown Jennifer J $242,000 Attorney
Costello Robert J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jennifer J $150,000
Closed Brown Jennifer J $226,250
Closed Brown Jennifer J $43,992
Closed Brown Jennifer J $237,616
Previous Owner Costello Robert $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2016 01/12/16 Sold $242,000 0.0% --
11/06/2015 11/06/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $242,000 -- --
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 $7,270 $266,000 $150,000 $116,000
2024 $7,270 $266,000 $150,000 $116,000
2023 $6,842 $266,000 $150,000 $116,000
2022 $6,842 $266,000 $150,000 $116,000
2021 $6,884 $266,000 $150,000 $116,000
2020 $6,892 $266,000 $150,000 $116,000
2019 $6,876 $266,000 $150,000 $116,000
2018 $7,006 $266,000 $150,000 $116,000
2017 $7,044 $266,000 $150,000 $116,000
2016 $7,105 $325,000 $200,000 $125,000
2015 $6,790 $325,000 $200,000 $125,000
2014 $6,442 $325,000 $200,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 452937

South Jersey Shore Regional MLS

APN: 22-00276-0000-00033