NOT LISTED FOR SALE

106 S Lafayette Ave Ventnor City, NJ 08406

Estimated Value: $1,347,000 - $5,523,000

5 Beds
3.5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $1,076,250

Est. 188% increase in value since last sale

Current estimated payment $20,732/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of March 2018

Seas the moments in this summer in this oceanfront beach house! This beautiful 5 bedrooms, 3,5 bath home is just the perfect location for a summer getaway to relax and get in a flip flop state of mind. Spacious and bright! Enjoy the ocean and beach views from almost every room of this abode. The home will be fully furnished and staged for convenient thru CORT furnishings. Excellent for entertainment. One car garage where you can either store your car, bikes or beach essentials! Close to shopping, dining, city of Margate, casinos, nightlife and the boardwalk is your front yard! Did you book your summer vacation yet? Available from memorial day weekend till labor day weekend till labor day weekend! June, July and August too! Find your happy place here at the shore!

Last Agent to Sell the Property

MARIA MAZZUCKIS

REALHome Services and Solutions, Inc. License #0683609 Listed on: 01/02/2018

Last Buyer's Agent

Mary Lou Ferry

FARLEY and FERRY REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,204

Year Built

  • Built in 1986

Lot Details

  • 3,049

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Disposal
  • Crawl Space
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,204

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 6 To 10 Years
  • Lvt Date: 01/02/2018
  • Year Built: 1986
  • Special Features: 1092
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal
  • Flooring: Tile, Vinyl
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 50*62.50
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
Apr 26, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Ranck Steven and Ranck Cynthia
Seller's Agent
Mary Lou Ferry
Farley & Ferry Realty Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
Sold Price
$35,000
Current Estimated Value
$3,098,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,063,396
Avg. Annual Appreciation
15.27%
Original Mortgage
$750,000
Outstanding Balance
$647,893
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$2,450,503

Purchase Details

Closed on
May 5, 2005
Sold by
Shusman Eugene L and Shusman Frances I
Bought by
Barbato Denise Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
1.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Ranck Steven $1,076,250 Premium Title Services Inc
Barbato Denise Mary $2,000,000 Title America Agency Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranck Steven $750,000
Previous Owner Barbato Denise $960,000
Previous Owner Barbato Denise $350,000
Previous Owner Barbato Denise Mary $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Rented $35,000 -50.0% --
05/21/2018 05/21/18 Under Contract -- -- --
04/14/2018 04/14/18 For Rent $70,000 0.0% --
03/16/2018 03/16/18 Sold $1,076,250 +12.8% --
01/10/2018 01/10/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $954,000 -- --
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 $46,204 $1,937,800 $1,137,000 $800,800
2024 $46,204 $1,690,600 $1,137,000 $800,800
2023 $43,482 $1,690,600 $0 $0
2022 $43,482 $1,690,600 $0 $0
2021 $43,753 $1,690,600 $0 $0
2020 $43,803 $1,690,600 $0 $0
2019 $29,391 $1,137,000 $1,137,000 $0
2018 $40,211 $1,526,600 $1,137,000 $389,600
2017 $40,424 $1,526,600 $1,137,000 $389,600
2016 $40,493 $1,852,400 $1,425,000 $427,400
2015 $40,123 $1,852,400 $1,425,000 $427,400
2014 $38,141 $1,852,400 $1,425,000 $427,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 498800

South Jersey Shore Regional MLS

APN: 22-00038-0000-00009