NOT LISTED FOR SALE

407 N Cambridge Ave Ventnor City, NJ 08406

Estimated Value: $602,000 - $635,000

3 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 08, 2019

Last sale price $305,000

Est. 105% increase in value since last sale

Current estimated payment $4,011/month

55 Days on Market

Highlights

  • Deck
  • Marble Flooring
  • Porch
  • Ranch Style House
  • Cathedral Ceiling
  • Shed

About This Home

As of October 2019

Another beautiful, good as new construction home by RMP! As soon as you walk into the front door to newly vaulted ceilings and custom window to let the light in, you know that this one was done right! Brand new kitchen has beautiful cabinets with quartz countertops, LED ambient lighting, two-tone glass mirrored subway tile backsplash, all stainless Whirlpool appliance package with gas stove, microwave, dishwasher and refrigerator. Brand new HVAC and hot water heater. Gleaming marble floors in kitchen, driftwood vinyl flooring and brand new carpet. Master bath with ceramic wood tile, custom ceramic and glass tile shower with glass doors and built-ins, granite counter. New common bathroom has custom ceramic tile, glass shower doors, quartz countertops and backlit mirror.Big ceiling fans in every room to keep you comfortable as well. Double glass doors to let in tons of light take you out to brand new deck and yard with big storage shed. There will be 2nd deck along with outdoor shower before closing. Come and see, this one will NOT disappoint!

Last Agent to Sell the Property

Christine Gerbehy

COLDWELL BANKER ARGUS REAL ESTATE-Northfield License #1008764 Listed on: 07/13/2019

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Last Buyer's Agent

Ann Marie Kooperman

FARLEY and FERRY REALTY, INC License #0338101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,043

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x80
  • Fenced

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,043

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 07/13/2019
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Flooring: Marble, Tile, Vinyl, W/W Carpet
  • Interior Amenities: Cathedral Ceiling
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Porch, Shed
  • Siding Exterior: Stone, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Parking Pad

Utilities

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

Lot Info

  • Lot Dimensions: 50x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Oct 9, 2019
Sold by
Rmp Enterprises Llc
Bought by
Cocco Michael and Cocco Theresa
Seller's Agent
Christine Gerbehy
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Buyer's Agent
Ann Marie Kooperman
FARLEY and FERRY REALTY, INC
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%
Current Estimated Value
$625,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,392
Avg. Annual Appreciation
12.90%

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 7, 2019
Sold by
The Bank Of New York Mellon
Bought by
Rmp Enterprise Llc
Seller's Agent
JEAN BALL
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Christine Gerbehy
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
List Price
$104,000
Sold Price
$120,700
Premium/Discount to List
$16,700
16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
256.04%
Original Mortgage
$175,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2018
Sold by
Bolton Lee Ann and Manno Lee Ann
Bought by
Manno Gregory

Purchase Details

Closed on
Jun 18, 1997
Sold by
Walsh Vilma and Walsh Christian Allen
Bought by
Manno Gregory and Manno Lee Ann
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
Cocco Michael $305,000 Surety Title Company
Rmp Enterprise Llc $120,750 None Available
Manno Gregory -- None Available
Manno Gregory $88,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rmp Enterprise Llc $175,000
Previous Owner Manno Gregory $41,500
Previous Owner Manno Gregory $220,000
Previous Owner Manno Gregory $179,000
Previous Owner Manno Gregory $131,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $305,000 -6.1% --
09/06/2019 09/06/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $324,900 +169.2% --
01/16/2019 01/16/19 Sold $120,700 +16.1% --
01/02/2019 01/02/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $104,000 -- --
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
2024 $7,043 $257,700 $91,000 $166,700
2023 $6,628 $257,700 $91,000 $166,700
2022 $6,628 $257,700 $91,000 $166,700
2021 $6,669 $257,700 $91,000 $166,700
2020 $6,677 $257,700 $91,000 $166,700
2019 $4,475 $173,100 $91,000 $82,100
2018 $4,559 $173,100 $91,000 $82,100
2017 $4,584 $173,100 $91,000 $82,100
2016 $4,414 $201,900 $132,000 $69,900
2015 $4,373 $201,900 $132,000 $69,900
2014 $4,157 $201,900 $132,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 525022

South Jersey Shore Regional MLS

APN: 22-00263-0000-00004