NOT LISTED FOR SALE

10 N Melbourne Ave Ventnor City, NJ 08406

Estimated Value: $1,032,000 - $1,289,000

4 Beds
2.5 Baths
-- Sq Ft
2,875 Sq Ft Lot

Last Sold March 14, 2018

Last sale price $286,500

Est. 298% increase in value since last sale

Current estimated payment $6,829/month

137 Days on Market

Highlights

  • Recreation Room
  • Porch
  • Laundry Room
  • Wood Flooring
  • Walk-In Closet
  • Storage

About This Home

As of March 2018

Be the person or Family to restore this 4 Bedroom, 2.5 bath Beach house to its enjoyable glory! Melbourne Ave is a desirable & wide street & this house is just a short walk to the Beach & Boardwalk! Relax on the huge covered porch! Fun times to be had in the large Family & Dining rooms, both with hardwood floors & charming moldings. The kitchen has been updated and there is also a large laundry room/power room on the 1st floor. A solid staircase with wood railings leads to the 2nd floor where the center hall landing leads to all bedrooms & bathrooms. There is a nice back yard and a detached 1 car garage. Plenty of off street parking.

Last Agent to Sell the Property

Lisa Alper-Russo

PLATINUM REAL ESTATE Listed on: 08/07/2017

PLATINUM REAL ESTATE

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,995

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 38x76

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Recreation Room
  • Storage
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Shed
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,995

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Drapes
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Storage, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: Size: Nice, On Level: Upper
  • Bedroom 2: Size: Bright, On Level: Upper
  • Bedroom 3: Size: Great, On Level: Upper
  • Bedroom 4: Size: Nicely Sized, On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: Size: Large, On Level: Lower
  • Kitchen: Size: Newer, On Level: Lower
  • Living Room: Size: Spacious, On Level: Lower
  • Powder Room Level: Lower
  • Other Rooms: Dining Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Outside Shower, Porch, Shed
  • Siding Exterior: Wood

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 38x76
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Gibson David M
Bought by
Leonard Larry Charles and Leonard Jill
Current Estimated Value
$1,139,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$498,567
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$641,389

Purchase Details

Listed on
Aug 7, 2017
Closed on
Mar 6, 2018
Sold by
Murray Michael and Murray Donald M
Bought by
Gibson David M
Seller's Agent
Lisa Alper-Russo
PLATINUM REAL ESTATE
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$309,000
Sold Price
$286,500
Premium/Discount to List
-$22,500
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
Original Mortgage
$359,100
Interest Rate
4.38%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leonard Larry Charles $700,000 Infinity Title Agency
Gibson David M $286,500 Infinity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Larry Charles $560,000
Previous Owner Gibson David M $359,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $286,500 -7.3% --
12/22/2017 12/22/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $309,000 -- --
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 $9,995 $365,700 $151,300 $214,400
2024 $9,995 $365,700 $151,300 $214,400
2023 $9,406 $365,700 $151,300 $214,400
2022 $9,406 $365,700 $151,300 $214,400
2021 $9,464 $365,700 $151,300 $214,400
2020 $8,947 $345,300 $151,300 $194,000
2019 $7,933 $306,900 $151,300 $155,600
2018 $8,084 $306,900 $151,300 $155,600
2017 $8,127 $306,900 $151,300 $155,600
2016 $8,313 $380,300 $274,400 $105,900
2015 $8,237 $380,300 $274,400 $105,900
2014 $7,830 $380,300 $274,400 $105,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Alper-Russo

    Seller's Agent in 2018

    Lisa Alper-Russo

    PLATINUM REAL ESTATE

    (609) 289-2384

    12 in this area

    266 Total Sales

    Lisa Alper-Russo
    Section Image

  • A

    Buyer's Agent in 2018

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 491948

South Jersey Shore Regional MLS

APN: 22-00132-0000-00019-02

New Jersey Atlantic County Ventnor City 08406

10 N Melbourne Ave, Ventnor City, NJ

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