NOT LISTED FOR SALE

408 N Cambridge Ave Ventnor City, NJ 08406

Estimated Value: $469,000 - $506,591

3 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 15, 2024

Last sale price $450,000

Est. 8% increase in value since last sale

Current estimated payment $3,126/month

80 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Laundry Room
  • Ranch Style House
  • Porch
  • Storage

About This Home

As of November 2024

**NEW PRICING!! NOW $458,500!! WILL NOT LAST!!** BUY YOUR HOME AT THE SHORE!! ADORABLE “VENTNOR HEIGHTS” RANCH Style Home!!** Located on a QUIET STREET but close to beaches, bay, boating, shopping, restaurants, movie theater and more! This 3 Bedroom 1 Bath Ranch offers the perfect opportunity for a summer getaway or year-round family living! Tiled Entry Foyer leads to nice sized Living Room with Faux fireplace opening to your Cozy dining room, Kitchen with tile counter tops, back splash, gas cooktop and built-in wall oven, OVERSIZED REAR FAMILY ROOM, hdwd floors, gas heat, gas hot water heater (12/23). BEAUTIFUL BACK YARD with concrete patio and GRASSY AREA!! Hurry this won't last long! Estate Sale being sold "as-is"

Last Listed By

Scott Reighard

RE/MAX ATLANTIC License #SP-8743136 Listed on: 07/29/2024

RE/MAX ATLANTIC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 49x81

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Dining Room
  • Recreation Room
  • Storage
  • Storage In Attic
  • Storm Screens

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,201

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 07/31/2024
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Storage
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Crawl Space, Outside Entrance
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room, Recreation/Family, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Paved Road, Porch, Shed, Sidewalks
  • Siding Exterior: Asbestos, Shingle
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: 49x81
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Nov 14, 2024
Sold by
Worth Regina M and Hoff Lawrence J
Bought by
Reed Emily and Reed Jonathan
Seller's Agent
Scott Reighard
RE/MAX ATLANTIC
Buyer's Agent
Scott Reighard
RE/MAX ATLANTIC
List Price
$498,500
Sold Price
$450,000
Premium/Discount to List
-$48,500
-9.73%
Total Days on Market
80
Views
72
Current Estimated Value
$485,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,648
Avg. Annual Appreciation
17.61%
Original Mortgage
$250,000
Outstanding Balance
$249,127
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$236,521

Purchase Details

Closed on
Jul 2, 2024
Sold by
Worth Melvin G
Bought by
Worth Regina M

Purchase Details

Closed on
Jun 20, 1997
Sold by
Worth Melvin G and Worth Regina M
Bought by
Worth Melvin G and Worth Regina M

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
Reed Emily $450,000 Surety Title
Worth Regina M -- None Listed On Document
Worth Melvin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Emily $250,000
Previous Owner Worth Melvin G $32,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $450,000 -1.9% --
10/17/2024 10/17/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $458,500 -8.0% --
09/09/2024 09/09/24 For Sale $498,500 +10.8% --
08/01/2024 08/01/24 Off Market $450,000 -- --
07/29/2024 07/29/24 For Sale $498,500 -- --
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 $5,201 $190,300 $91,000 $99,300
2023 $4,895 $190,300 $91,000 $99,300
2022 $4,895 $190,300 $91,000 $99,300
2021 $4,925 $190,300 $91,000 $99,300
2020 $4,931 $190,300 $91,000 $99,300
2019 $4,919 $190,300 $91,000 $99,300
2018 $5,013 $190,300 $91,000 $99,300
2017 $5,039 $190,300 $91,000 $99,300
2016 $5,043 $230,700 $132,000 $98,700
2015 $4,997 $230,700 $132,000 $98,700
2014 $4,750 $230,700 $132,000 $98,700
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 587583

South Jersey Shore Regional MLS

APN: 22-00264-0000-00014