NOT LISTED FOR SALE

14 S Derby Ave Ventnor City, NJ 08406

Estimated Value: $1,732,000 - $1,911,000

7 Beds
4.5 Baths
-- Sq Ft
6,273 Sq Ft Lot

Last Sold December 12, 2023

Last sale price $1,625,000

Est. 13% increase in value since last sale

Current estimated payment $11,679/month

60 Days on Market

Highlights

  • The property is located in a historic district
  • Multiple Fireplaces
  • Wood Flooring
  • Contemporary Architecture
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of December 2023

Fully restored St. Leonard's Tract beauty situated on an impressive 50x125 lot just ONE BLOCK TO THE BEACH & BOARDWALK! Magnificent 7 bedroom, 4.5 bath home with loads of character and multiple bonus rooms offering plenty of room to entertain all of your out-of-town guests or for any large family! The beautifully designed main floor easily flows from one room to another and features a formal dining room, living room, a large Florida room with access to the FABULOUS covered porch, and a jaw dropping kitchen offering a center island, custom lighting, backsplash, and cabinetry! 3 bedrooms on the main floor including the master suite with a huge walk-closet and an incredible private bath featuring a large walk-in shower, soaking tub, double sink, and convenient stackable washer/dryer! The ground floor offers tons of living space with a kitchenette, dining area, living room, fireplace, theater room/den, 4 bedrooms, full-sized laundry room, and two FULL baths. Outside features include a private yard with a covered patio, outdoor shower, and driveway for plenty of off-street parking. New roof was installed in 2018 (taken down to the plywood and replaced). Newer heater and AC units. Property has room for pool and garage if desired! Truly one-of-a-kind home on the best street in Ventnor close to everything this town has to offer! You must to see to believe!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 08/29/2023

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,416

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50x125
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • Bar
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Sun or Florida Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Baseboard Heating
  • Gas Water Heater

Community Details

Overview

  • St Leonards Tra Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,416

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Lvt Date: 08/29/2023
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log, Living Room, More Than 1, Wood Burning
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bar, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Outside Entrance, Plumbing
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Florida Room, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Outside Shower, Patio, Porch, Sidewalks, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Masonry/Block, Stucco

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District, Boardwalk Area
  • Lot Dimensions: 50x125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Dec 6, 2023
Sold by
Reuter Frank
Bought by
Leiter Kevin M and Leiter Irina M
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Views
175
Current Estimated Value
$1,831,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,332
Avg. Annual Appreciation
7.33%
Original Mortgage
$975,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2017
Sold by
Flick Alan
Bought by
Reuter Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2001
Sold by
Flick Irving and Flick Edith
Bought by
Flick Leonard and Flick Alan
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
Leiter Kevin M $1,625,000 American Land Title
Reuter Frank $550,000 Infinity Title Agency
Flick Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leiter Kevin M $975,000
Previous Owner Feuter Frank J $100,000
Previous Owner Reuter Frank $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $1,625,000 -3.2% --
10/28/2023 10/28/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $1,679,000 +1.8% --
08/29/2023 08/29/23 For Sale $1,650,000 -- --
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
2024 $20,416 $747,000 $350,000 $397,000
2023 $15,013 $583,700 $350,000 $233,700
2022 $15,013 $583,700 $350,000 $233,700
2021 $15,106 $583,700 $350,000 $233,700
2020 $15,124 $583,700 $350,000 $233,700
2019 $15,089 $583,700 $350,000 $233,700
2018 $16,594 $630,000 $350,000 $280,000
2017 $16,682 $630,000 $350,000 $280,000
2016 $15,083 $690,000 $562,500 $127,500
2015 $14,945 $690,000 $562,500 $127,500
2014 $14,207 $690,000 $562,500 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577280

South Jersey Shore Regional MLS

APN: 22-00063-0000-00015