NOT LISTED FOR SALE

106 S Richards Ave Ventnor City, NJ 08406

Estimated Value: $2,148,593 - $2,650,000

5 Beds
4.5 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold July 30, 2019

Last sale price $950,000

Est. 157% increase in value since last sale

Current estimated payment $14,921/month

60 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Great Room
  • Deck
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of July 2019

3-Story beachblock single-family home with multiple decks is just steps to Ventnor Beach and boasts so many features. Expansive gourmet kitchen with stainless steel appliances, great room w/tray ceilings, gas fireplace and double sliders to 2nd fl. deck w/ privacy awnings-fabulous views of beach & ocean (nat gas hook-up for grill on 2nd floor deck); 3rd floor master suite w/vaulted ceilings, gas fireplace and jetted tub, massive rainfall & French shower, double-bowl sink, add'l laundry, double sliders to private 3rd floor deck w/ awnings. 1st Floor In-Law suite with add'l kitchen area & laundry, appliances included. ELEVATOR to all 3 floors. 1-car garage with add'l parking pad for 2, & storage shed, outside shower, rear courtyard. Too many features to list - make an appointment today. Owner is Licensed NJ Realtor

Last Agent to Sell the Property

Angela Kauffman

Soleil Sotheby's International Realty - A License #1432924 Listed on: 04/24/2019

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,671

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 50 x 62.5
  • Building is beachfront but unit may not have water views
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Great Room
  • Dining Area
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,671

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 11 To 15 Years
  • Also Includes: Blinds
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Flooring: Tile, W/W Carpet, Wood
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Paved Road, Shed, Sidewalks, Sprinkler System
  • Siding Exterior: Dryvit, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 50 x 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jul 30, 2019
Sold by
Kauffman Angela M and Angela M Kauffman Living Trust
Bought by
Mortelliti George and Mortelliti Kristen
Seller's Agent
Angela Kauffman
Soleil Sotheby's International Realty - A
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$1,250,000
Sold Price
$950,000
Premium/Discount to List
-$300,000
-24%
Current Estimated Value
$2,441,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,491,898
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Hickey Angela M and Hickey Robert H
Bought by
Hickey Angela M

Purchase Details

Closed on
Aug 31, 2007
Sold by
Allwell Llc
Bought by
Hickey Angela M and Hickey Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2005
Sold by
Bonovitz Jill
Bought by
Allwell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
5.81%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Bonovitz Sheldon M
Bought by
Bonovitz Jill F and Blood Nancy H

Purchase Details

Closed on
Mar 1, 1999
Sold by
Fleisher Janet S and Fleisher Janet Shafer
Bought by
Qualified Personal Residence Tr #4 Janet and Bonovitz Jill F
Source: Public Records

Range of Values:

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Average Value
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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
Mortelliti George $950,000 Surety Title Company Llc
Hickey Angela M -- The Title Company Of Jersey
Hickey Angela M $1,700,000 The Title Company Of Jersey
Allwell Llc $805,000 --
Bonovitz Jill F -- --
Qualified Personal Residence Tr #4 Janet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hickey Angela M $1,000,000
Previous Owner Allwell Llc $603,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $950,000 -18.0% --
07/09/2019 07/09/19 Price Changed $1,159,000 +0.1% --
06/23/2019 06/23/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $1,158,000 -0.1% --
05/28/2019 05/28/19 Price Changed $1,159,000 -3.3% --
05/17/2019 05/17/19 Price Changed $1,199,000 -4.1% --
04/24/2019 04/24/19 For Sale $1,250,000 -- --
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 $25,671 $939,300 $587,000 $352,300
2024 $25,671 $939,300 $587,000 $352,300
2023 $24,159 $939,300 $587,000 $352,300
2022 $24,159 $939,300 $587,000 $352,300
2021 $24,309 $939,300 $587,000 $352,300
2020 $24,337 $939,300 $587,000 $352,300
2019 $24,281 $939,300 $587,000 $352,300
2018 $24,741 $939,300 $587,000 $352,300
2017 $24,873 $939,300 $587,000 $352,300
2016 $23,548 $1,077,200 $877,200 $200,000
2015 $23,332 $1,077,200 $877,200 $200,000
2014 $22,180 $1,077,200 $877,200 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Angela Kauffman

    Seller's Agent in 2019

    Angela Kauffman

    Solei SIR Margate

    (717) 729-6203

    Angela Kauffman
    Section Image
  • Ashley Franchini

    Buyer's Agent in 2019

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    36 in this area

    193 Total Sales

    Ashley Franchini
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 521235

South Jersey Shore Regional MLS

APN: 22-00032-0000-00009

New Jersey Atlantic County Ventnor City 08406

106 S Richards Ave, Ventnor City, NJ

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