NOT LISTED FOR SALE

103 N Portland Ave Ventnor City, NJ 08406

Estimated Value: $473,000 - $663,779

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

Last Sold June 05, 2020

Last sale price $229,000

Est. 138% increase in value since last sale

Current estimated payment $3,449/month

114 Days on Market

Highlights

  • Den
  • Laundry Room
  • Zoned Heating
  • Porch

About This Home

As of June 2020

Perfect Duplex for an investment or live in.. Upper unit has been completely updated. New Luxury Vinyl Plank Flooring. All New kitchen featuring Granite Counter Tops. Large open Family Room and Beautifully updated Bathroom. All new water heaters in 2012 and on separate meters. washer/dryer. Lower level was also redone in 2012. Close to Beach, Boardwalk, Shopping and Restaurants. * Finishing touches being completed.

Last Agent to Sell the Property

MARGARET (MEG) HEARD

BALSLEY/LOSCO-VENTNOR License #0898170 Listed on: 01/03/2020

BALSLEY/LOSCO-VENTNOR

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,564

Year Built

  • Built in 1921

Lot Details

  • 1,873

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Concrete Siding

Interior Spaces

  • Den
  • Storage In Attic

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 30x62.5

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,564

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 01/03/2020
  • Year Built: 1921
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Other Rooms: Den/Tv Room, Laundry/Utility Rm, Pantry, Storage Attic

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Concrete

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Multi-Zoned, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

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

Rental Info

  • Rental Information: Lease Required, Security Deposit, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Cable Tv, Gas, Heat, Hot Water, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jun 5, 2020
Sold by
Morrell John W
Bought by
Church Jessica L
Seller's Agent
MARGARET (MEG) HEARD
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$259,900
Sold Price
$229,000
Premium/Discount to List
-$30,900
-11.89%
Current Estimated Value
$545,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,195
Avg. Annual Appreciation
18.84%
Original Mortgage
$224,852
Outstanding Balance
$201,501
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$359,444

Purchase Details

Closed on
Nov 28, 1994
Sold by
Sframelli Francesco and Sframelli Agatha
Bought by
Morrell John W
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
Church Jessica L $229,000 City Abstract
Morrell John W $95,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Jessica L $224,852
Previous Owner Morrell John W $225,000
Previous Owner Morrell John $48,000
Previous Owner Morrell John W $66,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $229,000 -8.4% --
04/26/2020 04/26/20 Pending -- -- --
03/13/2020 03/13/20 Price Changed $249,900 -3.5% --
03/10/2020 03/10/20 Price Changed $258,900 -0.4% --
01/03/2020 01/03/20 For Sale $259,900 -- --
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
2024 $5,564 $203,600 $115,600 $88,000
2023 $5,237 $203,600 $115,600 $88,000
2022 $5,237 $203,600 $115,600 $88,000
2021 $5,269 $203,600 $115,600 $88,000
2020 $5,275 $203,600 $115,600 $88,000
2019 $5,263 $203,600 $115,600 $88,000
2018 $5,363 $203,600 $115,600 $88,000
2017 $5,391 $203,600 $115,600 $88,000
2016 $5,948 $272,100 $196,900 $75,200
2015 $5,894 $272,100 $196,900 $75,200
2014 $5,603 $272,100 $196,900 $75,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531956

South Jersey Shore Regional MLS

APN: 22-00167-0000-00002