NOT LISTED FOR SALE

114 S Portland Ave Ventnor City, NJ 08406

Estimated Value: $2,560,000 - $6,758,000

6 Beds
3.5 Baths
-- Sq Ft
7,797 Sq Ft Lot

Last Sold December 07, 2018

Last sale price $2,350,000

Est. 104% increase in value since last sale

Current estimated payment $32,449/month

21 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Colonial Architecture

About This Home

As of December 2018

DOUBLE LOT! Sub-dividable into 2 lots. Keep the property as is with a nice front lawn with amazing ocean views from the house or tear down and build your dream home. Beautiful historic grand home with 6 bedrooms and lots of old world charm. Plenty of room for the entire family and extended family to. Great rental as well. You won't want to miss this one.

Last Agent to Sell the Property

Richard Perrin

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 08/06/2018

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Co-Listed By

Daniel Rallo

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

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

  • $83,387

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 125 x 62.5
  • Building is beachfront but unit may not have water views
  • Ocean Front

Home Design

  • Colonial Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Water Views
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,387

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Lvt Date: 08/06/2018
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Garage/Parking

  • Driveway: Concrete

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Beach Block, Ocean Front, Water View
  • Lot Dimensions: 125 x 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Gevinson Mitchell and Gevinson Teri
Bought by
Gevinson Mitchell and Janus Henry
Current Estimated Value
$4,790,849

Purchase Details

Closed on
Dec 2, 2020
Sold by
Gevinson Mitchell and Gevinson Teri
Bought by
Teri J Gevinson 2017 Irrevocable Trust and Gevinson

Purchase Details

Listed on
Aug 6, 2018
Closed on
Dec 14, 2018
Sold by
Raymond Paul and Engel Lois
Bought by
Gevinson Mitchell and Gevinson Teri
Seller's Agent
Richard Perrin
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$2,649,000
Sold Price
$2,350,000
Premium/Discount to List
-$299,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Sisters Of Mercy Of New Jersey
Bought by
Raymond Paul and Engel Raymond Lois

Purchase Details

Closed on
Mar 17, 1997
Sold by
Mount St Marys College Of The Sisters Of
Bought by
Sisters Of Mercy Regional Community Of N
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
Gevinson Mitchell -- Atlantic Title & Setmnt Svc
Teri J Gevinson 2017 Irrevocable Trust -- New Title Company Name
Gevinson Mitchell $2,350,000 Atlantic Title & Settlement
Raymond Paul $900,000 Lawyers Title
Sisters Of Mercy Regional Community Of N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $2,350,000 -11.3% --
08/27/2018 08/27/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $2,649,000 0.0% --
08/08/2016 08/08/16 Rented -- -- --
07/09/2016 07/09/16 Under Contract -- -- --
05/01/2014 05/01/14 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 $83,387 $3,051,100 $1,492,500 $2,226,600
2024 $83,387 $3,051,100 $1,492,500 $2,226,600
2023 $78,474 $3,051,100 $0 $0
2022 $78,474 $3,051,100 $0 $0
2021 $78,962 $3,051,100 $0 $0
2020 $38,671 $1,492,500 $1,492,500 $0
2019 $38,581 $1,492,500 $1,492,500 $0
2018 $47,781 $1,814,000 $1,492,500 $321,500
2017 $48,035 $1,814,000 $1,492,500 $321,500
2016 $44,291 $2,026,100 $1,900,000 $126,100
2015 $43,885 $2,026,100 $1,900,000 $126,100
2014 $41,717 $2,026,100 $1,900,000 $126,100
Source: Public Records

Agents Affiliated with this Home

  • Richard Perrin

    Seller's Agent in 2018

    Richard Perrin

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 484-9890

    1 in this area

    90 Total Sales

    Richard Perrin
    Section Image
  • Daniel Rallo

    Seller Co-Listing Agent in 2018

    Daniel Rallo

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 338-7364

    4 in this area

    107 Total Sales

    Daniel Rallo
    Section Image
  • Ashley Franchini

    Buyer's Agent in 2018

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    36 in this area

    196 Total Sales

    Ashley Franchini
    Section Image

  • A

    Buyer's Agent in 2016

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 509298

South Jersey Shore Regional MLS

APN: 22-00026-0000-00013

New Jersey Atlantic County Ventnor City 08406

114 S Portland Ave, Ventnor City, NJ

This home is located at 114 S Portland Ave, Ventnor City, NJ 08406 since 06 August 2018 and is currently estimated at $4,790,849. This property was built in 1920. 114 S Portland Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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