NOT LISTED FOR SALE

136 N Portland Ave Ventnor City, NJ 08406

Estimated Value: $407,000 - $610,000

3 Beds
1 Bath
1,234 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $65,000 $53 Per Sq Ft

Est. 648% increase in value since last sale

Current estimated payment $2,905/month

58 Days on Market

Highlights

  • Property near a bay
  • Porch
  • Dining Area
  • Wood Flooring
  • Living Room

About This Home

As of August 2017

This property qualifies for the FIRST LOOK INITIATIVE through 06/25/2017. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on -going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer and Buyers agent to verify condo fees. Buyer to verify square footage of lot and structure. ****Please see associated docs for inspection reports and Offer sheet.***

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 06/04/2017

COASTAL ELITE REALTY

Last Buyer's Agent

Michael Bailey

COASTAL ELITE REALTY License #0900926

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 1,089

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,234 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a bay
  • Porch

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 46 / 169

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • Estimated Year Built: 1930
  • Bay Proximity: 1 Block
  • New Construction: No
  • Lot Size2: irreg
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Appliances Included: Washer, Dryer, Dishwasher, Stove Electric
  • Interior Amenities: Wood Flooring, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Estimated Living Sq Ft: 1234
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Two Story
  • Exterior: Brick
  • Frontage: 17
  • Outside Features: Porch

Utilities

  • Heating: Gas Natural, Radiator, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 46
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 3841
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2017
Closed on
Aug 28, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Flanagan Melissa
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Michael Bailey
COASTAL ELITE REALTY
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$486,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,276
Avg. Annual Appreciation
27.93%

Purchase Details

Closed on
Dec 28, 2016
Sold by
Jurist Butler Vivian and Jurist Mitchell G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 23, 1991
Sold by
Yannella Hazel R
Bought by
Jurist Mitchell
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
Flanagan Melissa $65,000 Fortune Title Agency Inc
Federal Home Loan Mortgage Corporation $1,000 None Available
Jurist Mitchell $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold $65,000 -13.2% $53 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $74,900 -- $61 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $4,324 $158,200 $100,100 $58,100
2024 $4,324 $158,200 $100,100 $58,100
2023 $4,069 $158,200 $100,100 $58,100
2022 $4,069 $158,200 $100,100 $58,100
2021 $4,094 $158,200 $100,100 $58,100
2020 $4,099 $158,200 $100,100 $58,100
2019 $4,089 $158,200 $100,100 $58,100
2018 $4,167 $158,200 $100,100 $58,100
2017 $4,189 $158,200 $100,100 $58,100
2016 $3,841 $175,700 $114,900 $60,800
2015 $3,806 $175,700 $114,900 $60,800
2014 $3,618 $175,700 $114,900 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176628

Cape May County Association of REALTORS®

APN: 22-00169-0000-00046