NOT LISTED FOR SALE

502 N Derby Ave Ventnor City, NJ 08406

Estimated Value: $673,000 - $811,206

5 Beds
3 Baths
-- Sq Ft
10,411 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $650,000

Est. 14% increase in value since last sale

Current estimated payment $4,878/month

57 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Corner Lot
  • Deck
  • Whirlpool Bathtub
  • Bar

About This Home

As of July 2024

Welcome to this spacious 5-bedroom, 3-bathroom home on a double lot, boasting multi-level living in a desirable corner location. This property offers a unique opportunity for those looking to put their personal touch and TLC into a home. The main features include an open floor plan, fabulous bar area great for entertaining, large windows throughout, a 2-car garage, and large 130x80 lot. With its ample space and potential, this property is perfect for those seeking a project with great rewards. This home is designed for shore entertaining. Don't miss out on this chance to transform this house into your dream home! Property being sold as is, where is. Buyer responsible for CO.

Last Agent to Sell the Property

Heather Leek

FARLEY and FERRY REALTY, INC Listed on: 04/04/2024

FARLEY and FERRY REALTY, INC

Co-Listed By

TERESA PALLADINO

FARLEY and FERRY REALTY, INC License #8437585

Last Buyer's Agent

MARGARET (MEG) HEARD

BALSLEY/LOSCO-VENTNOR

BALSLEY/LOSCO-VENTNOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,538

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 130x80
  • Fenced
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,538

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Split Level
  • Age: 25+ Years
  • Lvt Date: 04/04/2024
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Wood Burning
  • Flooring: Tile, W/W Carpet, Laminate Flooring
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Outside Features: Deck, Fenced Yard, Needs Work, Patio, Pool-In Ground, Sidewalks, Whirlpool/Spa

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 130x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jul 12, 2024
Sold by
Shegda John F
Bought by
Volic1viann Management Llc
Seller's Agent
Heather Leek
FARLEY and FERRY REALTY, INC
Buyer's Agent
MARGARET (MEG) HEARD
BALSLEY/LOSCO-VENTNOR
List Price
$679,900
Sold Price
$650,000
Premium/Discount to List
-$29,900
-4.4%
Views
136
Current Estimated Value
$739,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,802
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
May 25, 2001
Sold by
Sausto Judith M
Bought by
Shegda John F and Shegda Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
7.09%

Purchase Details

Closed on
Oct 22, 1993
Sold by
Jacobs Carl F
Bought by
Saucto Vincent and Saucto Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.83%

Purchase Details

Closed on
May 3, 1990
Sold by
Jacobs Carl F and Jacobs Linda H
Bought by
Jacobs Carl F and Jacobs Linda H

Purchase Details

Closed on
Sep 30, 1988
Sold by
Geary William and Geary Dolores
Bought by
Jacobs Carl F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Volic1viann Management Llc $650,000 Agents Title
Shegda John F $245,000 --
Saucto Vincent $215,000 --
Jacobs Carl F -- --
Jacobs Carl F $189,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shegda John $441,000
Previous Owner Shegda John F $191,000
Previous Owner Shegda John F $227,250
Previous Owner Shegda John F $220,500
Previous Owner Saucto Vincent $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $650,000 -1.5% --
05/31/2024 05/31/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $659,900 -2.9% --
04/04/2024 04/04/24 For Sale $679,900 -- --
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 $10,538 $385,600 $164,600 $221,000
2024 $10,538 $385,600 $164,600 $221,000
2023 $9,918 $385,600 $164,600 $221,000
2022 $9,918 $385,600 $164,600 $221,000
2021 $9,979 $385,600 $164,600 $221,000
2020 $9,991 $385,600 $164,600 $221,000
2019 $9,968 $385,600 $164,600 $221,000
2018 $10,157 $385,600 $164,600 $221,000
2017 $10,211 $385,600 $164,600 $221,000
2016 $9,030 $413,100 $343,200 $69,900
2015 $11,359 $524,400 $343,200 $181,200
2014 $10,797 $524,400 $343,200 $181,200
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Heather Leek

    FARLEY and FERRY REALTY, INC

    (561) 245-4000

    4 in this area

    43 Total Sales

    Heather Leek
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    TERESA PALLADINO

    FARLEY and FERRY REALTY, INC

    (609) 703-3872

    1 in this area

    1 Total Sale

    TERESA PALLADINO
    Section Image
  • MARGARET (MEG) HEARD

    Buyer's Agent in 2024

    MARGARET (MEG) HEARD

    BALSLEY/LOSCO-VENTNOR

    (609) 289-6510

    4 in this area

    14 Total Sales

    MARGARET (MEG) HEARD
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 583811

South Jersey Shore Regional MLS

APN: 22-00288-0000-00015

New Jersey Atlantic County Ventnor City 08406

502 N Derby Ave, Ventnor City, NJ

This home is located at 502 N Derby Ave, Ventnor City, NJ 08406 since 04 April 2024 and is currently estimated at $739,802. This property was built in 1960. 502 N Derby Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes