NOT LISTED FOR SALE

104 S Frankfort Ave Unit 4 Ventnor City, NJ 08406

Estimated Value: $420,473 - $551,000

2 Beds
2 Baths
-- Sq Ft
26 Acres

Last Sold July 16, 2020

Last sale price $292,000

Est. 69% increase in value since last sale

Current estimated payment $3,104/month

13 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Eat-In Kitchen
  • Unit is on the top floor
  • Wood Flooring
  • Walk-In Closet

About This Home

As of July 2020

Elevate Your Expectations with this BEACH BLOCK Completely Renovated Down to the Studs, Top Floor Property w Brand New Roof! Enjoy Breakfast and Happy Hour Watching the Waves from Your Wrap-Around Front Deck w Built-In Bar-Top or Beautiful Back Deck. Two Spacious Bedrooms & Two Stunning Bathrooms, Top of the Line Kitchen w Beautiful Granite and SS Appliances. Walk to ALL of the Best Restaurants in Town. Private Laundry with Barn Door, New Heat/AC units, Endless Ocean Breeze and VIEWS- DO NOT HESITATE on this one!

Last Agent to Sell the Property

Christen Andrews

Compass New Jersey-Ocean City (O463E) License #1223542 Listed on: 05/27/2020

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,939

Lot Details

  • 26

Parking

  • 1 Parking Space

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,939

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 05/27/2020
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Multi-Zoned, Wall Units
  • Heating: Electric, Multi-Zoned, Space/Wall/Floor
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 13, 2020
Sold by
104 S Frankfurt Llc
Bought by
Oommen Roy and Oommen Annie
Seller's Agent
Christen Andrews
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$299,000
Sold Price
$292,000
Premium/Discount to List
-$7,000
-2.34%
Current Estimated Value
$494,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,118
Avg. Annual Appreciation
10.89%
Original Mortgage
$150,000
Outstanding Balance
$134,712
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$359,406

Purchase Details

Listed on
Dec 3, 2019
Closed on
Dec 27, 2019
Sold by
Mtglq Investors Lp
Bought by
104 S Frankfurt Llc
Seller's Agent
Alan Korik
FARLEY and FERRY REALTY, INC
Buyer's Agent
Christen Andrews
Compass New Jersey-Ocean City (O463E)
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.13%

Purchase Details

Closed on
May 25, 1999
Sold by
Kalani Kamran
Bought by
Colligon Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Oommen Roy $292,000 Two Rivers Title Company Llc
104 S Frankfurt Llc $160,000 None Available
Colligon Arlene M $113,500 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oommen Roy $150,000
Previous Owner Colligon Arlene M $191,898
Previous Owner Colligon Arlene M $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $292,000 -2.3% --
05/27/2020 05/27/20 For Sale $299,000 +86.9% --
01/03/2020 01/03/20 Sold $160,000 -3.0% --
12/24/2019 12/24/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $165,000 -- --
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
2024 $4,939 $180,700 $25,000 $155,700
2023 $4,648 $180,700 $25,000 $155,700
2022 $4,648 $180,700 $25,000 $155,700
2021 $4,677 $180,700 $25,000 $155,700
2020 $2,539 $98,000 $25,000 $73,000
2019 $2,533 $98,000 $25,000 $73,000
2018 $2,581 $98,000 $25,000 $73,000
2017 $2,595 $98,000 $25,000 $73,000
2016 $2,542 $116,300 $31,300 $85,000
2015 $2,519 $116,300 $31,300 $85,000
2014 $2,395 $116,300 $31,300 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537319

South Jersey Shore Regional MLS

APN: 22-00009-0000-00004-0000-C004