NOT LISTED FOR SALE

107 S Melbourne Ave Ventnor City, NJ 08406

Estimated Value: $1,520,000 - $2,087,813

6 Beds
3.5 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $835,000

Est. 127% increase in value since last sale

Current estimated payment $12,381/month

54 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Shades
  • Deck
  • Great Room
  • Eat-In Kitchen

About This Home

As of November 2020

Just two houses to the beach, this Ventnor home offers the quality craftsmanship and elegant proportions that prewar builds are reserved for. The home's bay side entrance opens onto a foyer that divides the living areas from a formal dining room and kitchen. The living room features a wood-burning fireplace and french doors that lead onto a covered outdoor porch. At the front of the home, a bright tiled sunroom invites light in. Family gatherings will be made easy with the large formal dining room that connects seamlessly to the eat-in kitchen. For added convenience, a beautifully appointed powder room is nestled under the stair landing. The second floor master bedroom with en suite bathroom lets out onto a large deck with stunning ocean views. Three additional roomy bedrooms on this floor, including one with deck access and ocean views, share a full bathroom. Up another flight of stairs are two additional well-sized bedrooms and a full bathroom with a charming claw foot tub and half moon window. This home includes additional perks like central air, gas heat, an enclosed outside shower, an over-sized garage and ample parking. Being sold fully furnished , 107 South Melbourne offers move-in ready convenience in a distinguished and well-maintained home.

Last Agent to Sell the Property

MATTHEW VASSALLO

Compass Real Estate-Margate Listed on: 04/25/2020

Compass Real Estate-Margate

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,376

Lot Details

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

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,376

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Shades
  • Lvt Date: 05/02/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room

Exterior Features

  • Outside Features: Deck, Outside Shower, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Baseboard, 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 25, 2020
Closed on
Nov 5, 2020
Sold by
Melbourne Avenue Llc
Bought by
Elkins Adam
Seller's Agent
MATTHEW VASSALLO
Compass Real Estate-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$900,000
Sold Price
$835,000
Premium/Discount to List
-$65,000
-7.22%
Current Estimated Value
$1,899,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,453
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Jan 1, 1997
Sold by
Middlesworth Charles and Middlesworth Charles M
Bought by
Melbourne Avenue Llc
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
Elkins Adam $835,000 Surety Title
Melbourne Avenue Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $835,000 0.0% --
08/02/2020 08/02/20 Rented -- -- --
06/27/2020 06/27/20 Price Changed $25,000 -16.7% --
06/20/2020 06/20/20 For Rent $30,000 0.0% --
06/18/2020 06/18/20 Pending -- -- --
06/15/2020 06/15/20 Off Market $835,000 -- --
05/14/2020 05/14/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $900,000 0.0% --
07/14/2016 07/14/16 Rented -- -- --
06/14/2016 06/14/16 Under Contract -- -- --
02/05/2016 02/05/16 For Rent -- -- --
05/23/2013 05/23/13 Rented -- -- --
04/23/2013 04/23/13 Under Contract -- -- --
10/17/2012 10/17/12 For Rent -- -- --
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 $24,376 $891,900 $587,000 $304,900
2024 $24,376 $891,900 $587,000 $304,900
2023 $19,673 $891,900 $587,000 $304,900
2022 $19,673 $764,900 $587,000 $177,900
2021 $19,796 $764,900 $587,000 $177,900
2020 $19,819 $764,900 $587,000 $177,900
2019 $19,773 $764,900 $587,000 $177,900
2018 $20,147 $764,900 $587,000 $177,900
2017 $20,255 $764,900 $587,000 $177,900
2016 $20,767 $950,000 $850,000 $100,000
2015 $20,577 $950,000 $850,000 $100,000
2014 $19,561 $950,000 $850,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536523

South Jersey Shore Regional MLS

APN: 22-00039-0000-00003