NOT LISTED FOR SALE

15 S Cornwall Ave Ventnor City, NJ 08406

Estimated Value: $2,672,000 - $3,266,000

6 Beds
4.5 Baths
4,347 Sq Ft
$688/Sq Ft Est. Value

Last Sold December 03, 2022

Last sale price $999,999 $230 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $17,975/month

16 Days on Market

Highlights

  • Water Views
  • Living Room with Fireplace
  • Shed
  • Deck
  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System

About This Home

As of December 2022

Beautiful 6 bedroom, 4 and half bath 3 story home one block to beach with ocean views. Multiple decks and large yard with room for a pool. Off Street Parking. Full unfinished basement. Two stairwells. Carriage house on property, hardwood floors, 3 fireplaces, woodburning in living room & primary suite, gas in sunporch. Vavant and easy to show. Needs TLC Home is in an Estate,being sold AS IS, buyer responsible for all certs, permits & C/O. Listing agent is part owner in estate. No oil tank, paperwork on file. Survey, no oil tank and tax info in assoc. docs

Last Agent to Sell the Property

ANNA MARIA SABATINI HUMPHREY

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #0337896 Listed on: 09/24/2022

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II License #0679612

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,227

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 70 x125

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,227

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Estate: Yes
  • Lvt Date: 09/24/2022
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Living Room, More Than 1, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 6
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Heated, Inside Entrance, Outside Entrance, Plumbing, Unfinished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Outside Features: Deck, Needs Work, Shed
  • Siding Exterior: Shingle

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural, Multi-Zoned, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 70 x125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Dec 19, 2022
Sold by
Vincent Sabatini Irrevocable Trust
Bought by
Monopoly Property Holdings Llc
Seller's Agent
ANNA MARIA SABATINI HUMPHREY
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$1,400,000
Sold Price
$999,999
Premium/Discount to List
-$400,001
-28.57%
Views
32
Current Estimated Value
$2,990,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,990,334
Avg. Annual Appreciation
50.26%
Original Mortgage
$800,000
Outstanding Balance
$418,981
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$2,571,352

Purchase Details

Closed on
Dec 20, 2018
Sold by
Sabatini Vincent and Sabatini Stephen
Bought by
The Clare Sabatini Revocable Trust

Purchase Details

Closed on
Aug 24, 2009
Sold by
Sabatini Vincent and Sabatini Clare
Bought by
Sabatini Vincent and Sabatini Clare

Purchase Details

Closed on
Mar 15, 2007
Sold by
Sabatini Charles
Bought by
Sabatini Vincent and Sabatini Clare

Purchase Details

Closed on
Apr 18, 1994
Sold by
Kogan Jack
Bought by
Sabatini Vincent and Sabatini Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.7%
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
Monopoly Property Holdings Llc $999,999 Surety Title
The Clare Sabatini Revocable Trust -- None Available
Sabatini Vincent -- None Available
Sabatini Vincent $532,500 --
Sabatini Vincent $313,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monopoly Property Holdings Llc $800,000
Previous Owner Sabatini Charles $25,000
Previous Owner Sabatini Vincent $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2022 12/03/22 Sold $999,999 0.0% $230 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $999,999 -28.6% $230 / Sq Ft
09/24/2022 09/24/22 For Sale $1,400,000 -- $322 / Sq Ft
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 $19,227 $703,500 $430,000 $273,500
2023 $18,094 $703,500 $430,000 $273,500
2022 $18,094 $703,500 $430,000 $273,500
2021 $18,207 $703,500 $430,000 $273,500
2020 $18,228 $703,500 $430,000 $273,500
2019 $18,185 $703,500 $430,000 $273,500
2018 $18,530 $703,500 $430,000 $273,500
2017 $18,629 $703,500 $430,000 $273,500
2016 $19,103 $873,900 $699,000 $174,900
2015 $18,929 $873,900 $699,000 $174,900
2014 $17,994 $873,900 $699,000 $174,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ANNA MARIA SABATINI HUMPHREY

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 287-8044

    4 in this area

    5 Total Sales

    Section Image
  • Dana Hartman

    Buyer's Agent in 2022

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    51 in this area

    206 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567449

South Jersey Shore Regional MLS

APN: 22-00063-0000-00006

New Jersey Atlantic County Ventnor City 08406

15 S Cornwall Ave, Ventnor City, NJ

This home is located at 15 S Cornwall Ave, Ventnor City, NJ 08406 since 24 September 2022 and is currently estimated at $2,990,333, approximately $687 per square foot. This property was built in 1929. 15 S Cornwall 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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