NOT LISTED FOR SALE

124 N Somerset Ave Ventnor City, NJ 08406

Estimated Value: $437,000 - $515,000

3 Beds
1.5 Baths
1,358 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $120,000 $88 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $2,919/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • Outdoor Shower

About This Home

As of May 2019

I INVESTOR ALERT *** A LITTLE SWEAT EQUITY *** PROFITABLE INVESTMENT Come see this single two-story home in desirable Ventnor Heights. This 3 bedroom, 1 bath home is priced to sell. Owner has always enjoyed 100% occupancy. Enjoy the season from the enclosed screened porch. Spacious Living Room and Eat-In Kitchen with tile flooring. Laundry area is located off of the kitchen. There is a shed at the rear of the property and an outdoor shower. This property is being sold in as-is condition to a lucky Buyer. There is some updating that needs to be done at the home. The tenant is on a month-to-month rental arrangement. Call the Appointment Center to schedule an appointment to see for yourself.

Last Agent to Sell the Property

Helen Collins-Martin

BHHS Fox & Roach - Haddonfield License #9232152 Listed on: 03/03/2019

BHHS Fox & Roach - Haddonfield

Last Buyer's Agent

Helen Collins-Martin

BHHS Fox & Roach - Haddonfield License #9232152 Listed on: 03/03/2019

BHHS Fox & Roach - Haddonfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 25.00 x 80.00
  • Wood Fence
  • Property is zoned 04

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,358 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Storage Shed
  • Porch

Location

  • Flood Risk

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • No Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ventnor City Subdivision

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 22-00153-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Utility Room
  • Basement: No
  • Total Sq Ft: 1358
  • Living Area Sq Ft: 1358
  • Price Per Sq Ft: 95.73
  • Above Grade Finished Sq Ft: 1358
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System, Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: VENTNOR CITY SCHOOLS
  • School District Key: 300200396903
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Wood
  • Lot Size Acres: 0.05
  • Lot Dimensions: 25.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Outdoor Living Structures: Porch(es)
  • Soil Types: Unknown
  • Year Assessed: 2018
  • Zoning: 04

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Federal Flood Zone: A8

Tax Info

  • Tax Annual Amount: 3851.00
  • Assessor Parcel Number: 22-00153-00019
  • Tax Lot: 00019
  • Tax Total Finished Sq Ft: 1358
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/10/2019

MLS Schools

  • School District Name: VENTNOR CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2019
Closed on
May 10, 2019
Sold by
Blackfish Investments Llc
Bought by
Handel Donna C
Seller's Agent
Helen Collins-Martin
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Helen Collins-Martin
BHHS Fox & Roach - Haddonfield
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$474,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,655
Avg. Annual Appreciation
24.39%

Purchase Details

Closed on
Apr 13, 2016
Sold by
Reighn Ryan and Reighn Victoria
Bought by
Blackfish Investments Llc

Purchase Details

Listed on
May 7, 2015
Closed on
Sep 11, 2015
Sold by
Guadagnino Louis Gene
Bought by
Reighn Ryan and Reighn Victorria
Seller's Agent
Sherri Lilienfeld
eXp Realty - Montclair
Buyer's Agent
MICHAEL WALSH
BHHS FOX and ROACH-Brigantine
List Price
$92,500
Sold Price
$92,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$74,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Handel Donna C $120,000 Trident Land Transfer Co Llc
Blackfish Investments Llc -- None Available
Reighn Ryan $92,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reighn Ryan $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $120,000 -7.7% $88 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $130,000 +40.5% $96 / Sq Ft
09/11/2015 09/11/15 Sold $92,500 0.0% --
07/15/2015 07/15/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $92,500 -- --
Source: Bright 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 $3,996 $146,200 $68,000 $78,200
2024 $3,996 $146,200 $68,000 $78,200
2023 $3,760 $146,200 $68,000 $78,200
2022 $3,760 $146,200 $68,000 $78,200
2021 $3,784 $146,200 $68,000 $78,200
2020 $3,788 $146,200 $68,000 $78,200
2019 $3,779 $146,200 $68,000 $78,200
2018 $3,851 $146,200 $68,000 $78,200
2017 $3,871 $146,200 $68,000 $78,200
2016 $4,733 $216,500 $160,000 $56,500
2015 $4,689 $216,500 $160,000 $56,500
2014 $4,458 $216,500 $160,000 $56,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Helen Collins-Martin

    BHHS Fox & Roach

    (856) 287-4048

    4 Total Sales

    Helen Collins-Martin
    Section Image
  • Sherri Lilienfeld

    Seller's Agent in 2015

    Sherri Lilienfeld

    eXp Realty - Montclair

    (609) 287-1795

    5 in this area

    32 Total Sales

    Sherri Lilienfeld
    Section Image

  • M

    Buyer's Agent in 2015

    MICHAEL WALSH

    BHHS Fox & Roach

    (609) 929-6582

    2 in this area

    20 Total Sales

    MICHAEL WALSH
    Section Image
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Map

Source: Bright MLS

MLS Number: NJAC108126

Bright MLS

APN: 22-00153-0000-00019

New Jersey Atlantic County Ventnor City 08406

124 N Somerset Ave, Ventnor City, NJ

This home is located at 124 N Somerset Ave, Ventnor City, NJ 08406 since 03 March 2019 and is currently estimated at $474,655, approximately $349 per square foot. This property was built in 1930. 124 N Somerset 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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