NOT LISTED FOR SALE

118 N Melbourne Ave Unit 2 Ventnor City, NJ 08406

Estimated Value: $464,000 - $605,000

2 Beds
1.5 Baths
-- Sq Ft
2,919 Sq Ft Lot

Last Sold November 29, 2021

Last sale price $315,000

Est. 76% increase in value since last sale

Current estimated payment $3,416/month

Highlights

  • Recreation Room
  • Furnished
  • Eat-In Kitchen
  • Wood Flooring
  • Den
  • Laundry Room

About This Home

As of November 2021

Spacious 2 bedroom, 1.5 bath unit located on the 2nd floor, close to the Ventnor/ Margate border. Unit features spacious family/ great room, large eat-in kitchen, nice size dining room for entertaining, Huge master bedroom that accommodates a King size bed comfortably, updated master bath, newer hot water heater, attic storage, New exterior and massive deck, property is being sold furnished all you need to do is pack a bag!! Master flood ($1655 yr) and Homeowners ($810 yr) each unit = 205 monthly as stated on condo fee. ***NO MORE SHOWINGS, SELLER HAS ACCEPTED AN OFFER

Last Agent to Sell the Property

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 10/10/2021

Co-Listed By

STACY SCHERR

BHHS FOX and ROACH-Margate

Last Buyer's Agent

PATRICIA RUGGIERO

MARCHESE REAL ESTATE, LLC

MARCHESE REAL ESTATE, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,218

Lot Details

  • 2,919

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,218

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Eat In Kitchen, Laundry/Utility Room, Recreation/Family, Master Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Nov 29, 2021
Sold by
James Klein Jr Stephen and Tevan Shana
Bought by
Tamayo Francisco J and Mower Amanda Frances
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
PATRICIA RUGGIERO
MARCHESE REAL ESTATE, LLC
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Current Estimated Value
$553,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,570
Avg. Annual Appreciation
13.79%
Original Mortgage
$252,000
Interest Rate
3.14%
Mortgage Type
New Conventional
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
Tamayo Francisco J $315,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamayo Francisco J $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $315,000 +1.6% --
10/17/2021 10/17/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $310,000 +77.1% --
08/28/2019 08/28/19 Sold $175,000 -7.8% -- View Prior Sale
07/26/2019 07/26/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $189,900 0.0% --
07/12/2019 07/12/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $189,900 -- --
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 $6,218 $227,500 $113,500 $114,000
2024 $6,218 $227,500 $113,500 $114,000
2023 $5,851 $227,500 $113,500 $114,000
2022 $4,329 $168,300 $113,500 $54,800
2021 $4,356 $168,300 $113,500 $54,800
2020 $4,361 $168,300 $113,500 $54,800
2019 $4,351 $168,300 $113,500 $54,800
2018 $4,433 $168,300 $113,500 $54,800
2017 $5,087 $192,100 $113,500 $78,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    ROSENZWEIG, TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    20 in this area

    155 Total Sales

    ROSENZWEIG, TROY ROSENZWEIG
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    STACY SCHERR

    BHHS Fox & Roach

    (267) 228-8043

    7 in this area

    87 Total Sales

    STACY SCHERR
    Section Image
  • PATRICIA RUGGIERO

    Buyer's Agent in 2021

    PATRICIA RUGGIERO

    MARCHESE REAL ESTATE, LLC

    (914) 450-7406

    31 in this area

    101 Total Sales

    PATRICIA RUGGIERO
    Section Image
  • Ronnie Alper

    Seller's Agent in 2019

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    8 in this area

    46 Total Sales

    Ronnie Alper
    Section Image
  • Fredra Mcgoldrick

    Seller Co-Listing Agent in 2019

    Fredra Mcgoldrick

    BHHS Fox & Roach

    (609) 576-8086

    3 in this area

    25 Total Sales

    Fredra Mcgoldrick
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556462

South Jersey Shore Regional MLS

APN: 22-00188-0000-00018-0000-C0002

New Jersey Atlantic County Ventnor City 08406

118 N Melbourne Ave Unit 2, Ventnor City, NJ

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