NOT LISTED FOR SALE

Ventnor City, NJ 08406

Estimated Value: $716,610 - $998,000

-- Bed
-- Bath
-- Sq Ft
1,873 Sq Ft Lot

Last Sold June 08, 2012

Last sale price $350,000

Est. 143% increase in value since last sale

Current estimated payment $5,109/month

55 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Living Room
  • Recreation Room
  • Patio
  • Laundry Room

About This Home

As of June 2012

Located just a few blocks from the Margate / Ventnor border, & barely 2 blocks to the beach, this immaculate three story duplex has been totally renovated.The upper unit features 2 bedrooms, a remodeled bathroom, a spacious eat-in kitchen, refinished hardwood floors, & an expansive sun deck off the living room. The bi-level lower unit is includes 2 BR, 2 BA new kitchen, huge living room, family room, sun deck, & separate laundry area. Also has a garage & 2 outdoor showers. Great rental potential.

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 03/06/2012

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Elise Waldman

MARKETPLACE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,685

Lot Details

  • Lot Dimensions are 30x62.5
  • Fenced

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Area
  • Recreation Room
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,685

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Outside Entrance, Plumbing
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Shed, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 30x62.5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jun 8, 2012
Sold by
Gallagher Realty Llc
Bought by
Dippolito Michael and Dippolito Angelique
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Elise Waldman
MARKETPLACE REALTY
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$852,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,153
Avg. Annual Appreciation
6.87%
Original Mortgage
$262,500
Outstanding Balance
$182,092
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$670,061

Purchase Details

Closed on
Nov 30, 2005
Sold by
Ghattas Sam
Bought by
Gallagher Reatly Llc

Purchase Details

Closed on
Dec 16, 2002
Sold by
Mitchell Michael
Bought by
Ghattas Sam and Ghattas Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Dippolito Michael $350,000 Fidelity Title Abstract Co
Gallagher Reatly Llc $389,000 --
Ghattas Sam $235,000 --
Ghattas Sam $235,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dippolito Michael $262,500
Previous Owner Ghattas Sam $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $350,000 0.0% --
04/30/2012 04/30/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $350,000 -- --
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 $7,685 $281,200 $115,600 $165,600
2024 $7,685 $281,200 $115,600 $165,600
2023 $7,232 $281,200 $115,600 $165,600
2022 $7,232 $281,200 $115,600 $165,600
2021 $7,277 $281,200 $115,600 $165,600
2020 $7,286 $281,200 $115,600 $165,600
2019 $7,269 $281,200 $115,600 $165,600
2018 $7,407 $281,200 $115,600 $165,600
2017 $7,446 $281,200 $115,600 $165,600
2016 $6,589 $301,400 $196,900 $104,500
2015 $6,528 $301,400 $196,900 $104,500
2014 $6,206 $301,400 $196,900 $104,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Arbeit

    Seller's Agent in 2012

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    12 in this area

    44 Total Sales

    Mark Arbeit
    Section Image
  • Elise Waldman

    Buyer's Agent in 2012

    Elise Waldman

    MARKETPLACE REALTY

    (888) 478-8500

    7 in this area

    38 Total Sales

    Elise Waldman
    Section Image
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Source: South Jersey Shore Regional MLS

MLS Number: 391624

South Jersey Shore Regional MLS

APN: 22-00125-0000-00002

New Jersey Atlantic County Ventnor City

08406

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