NOT LISTED FOR SALE

715 N Derby Ave Ventnor City, NJ 08406

Estimated Value: $594,000 - $769,000

3 Beds
2 Baths
1,850 Sq Ft
$359/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $228,500 $124 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $4,074/month

46 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Great Room
  • Deck
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of April 2017

This property qualifies for the FIRST LOOK INITIATIVE through 2/25/2017. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot and structure. ****Please see associated docs for contract packet. Please follow the directions and complete the entire packet per highlighted marks, as incomplete contracts will be rejected. ****

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 02/04/2017

COASTAL ELITE REALTY

Co-Listed By

Ksenia Augsberger

COASTAL ELITE REALTY License #1007498

Last Buyer's Agent

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 02/04/2017

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,942

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 65x80
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 345

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,942

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 17-Out Of County
  • Estimated Year Built: 1985
  • New Construction: No
  • Listing Office2: 508
  • Lot Size2: 65x80
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Appliances Included: Range, Microwave Oven, Dishwasher
  • Interior Amenities: Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Estimated Living Sq Ft: 1850
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 65
  • Outside Features: Deck, Porch, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 8
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5942
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
Apr 5, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Frajdenberg Darlene G
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$244,900
Sold Price
$228,500
Premium/Discount to List
-$16,400
-6.7%
Current Estimated Value
$664,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,061
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Dec 20, 2016
Sold by
Porretti Vincent and Porretti Vincent C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 16, 1996
Sold by
Kaneff Arthur and Kaneff Shirley
Bought by
Porretti Vincent and Porretti Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.89%
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
Frajdenberg Darlene G -- None Available
Federal Home Loan Mortgage Corporation $1,000 None Available
Porretti Vincent $165,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porretti Vincent $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2017 04/13/17 Sold $228,500 -6.7% $124 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $244,900 -- $132 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $7,059 $258,300 $104,800 $153,500
2024 $7,059 $258,300 $104,800 $153,500
2023 $6,643 $258,300 $104,800 $153,500
2022 $6,643 $258,300 $104,800 $153,500
2021 $6,685 $258,300 $104,800 $153,500
2020 $6,693 $258,300 $104,800 $153,500
2019 $6,677 $258,300 $104,800 $153,500
2018 $6,804 $258,300 $104,800 $153,500
2017 $6,840 $258,300 $104,800 $153,500
2016 $5,942 $271,800 $171,600 $100,200
2015 $5,887 $271,800 $171,600 $100,200
2014 $5,596 $271,800 $171,600 $100,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 174474

Cape May County Association of REALTORS®

APN: 22-00345-0000-00008