Sold May 05, 2017
$425,000
Seller
$340,000
by Bank Of America Na
Mortgage Due May 01, 2047
Sold Jan 04, 2007
$550,000
Buyer
Seller
$150,000
by Commerce Bank
Mortgage
24 North Cornwall Avenue has been categorized by the local assessors in Ventnor City, NJ as a residential type of property.
The building on the property was first built in 1903 and is 121 years old.
The building has a total of 2 stories.
In addition, 24 North Cornwall Avenue has 1,596 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 650 ft and across the front of the lot is 650 ft.
The area measurement of the land has been determined as 4,225 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24 North Cornwall Avenue sold most recently in Apr 28, 2017 for a total of $425,000. If you work out the math, that's approximately a cost of $266.29 per sqft. Before that, the property was also sold for $550,000 in Dec 22, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,971 in taxes each year. 24 North Cornwall Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,800. If we break it down further, the land itself was valued at $208,800. Improvements to the property, however, were assessed at a total of $140,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24 North Cornwall Avenue sold most recently in Apr 28, 2017 for a total of $425,000. If you work out the math, that's approximately a cost of $266.29 per sqft. Before that, the property was also sold for $550,000 in Dec 22, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,971 in taxes each year. 24 North Cornwall Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,800. If we break it down further, the land itself was valued at $208,800. Improvements to the property, however, were assessed at a total of $140,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
24 North Cornwall Avenue, Ventnor City, NJ 08406
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