Seller's Agent in 2020
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
(609) 289-1139
25 in this area
90 Total Sales
16 S Melbourne Ave Ventnor City, NJ 08406
Estimated Value: $1,367,628 - $1,709,000
5
Beds
3.5
Baths
--
Sq Ft
3,790
Sq Ft Lot
Highlights
- The property is located in a historic district
- Wood Flooring
- Walk-In Closet
- Deck
- Shades
- Storage
About This Home
As of September 2020LOCATION - LOCATION - LOCATION This home is situated on one of Ventnor's most sought after locations and on an expansive 50x74 lot just 9 houses from the beach and boardwalk! Freshly painted, move in ready and equipped with brand new plumbing, heating system, a new hot water heater along with new radiators. Radiant heat in kitchen floor and powder room to keep you toasty in the chilly months.The front of the home has a spacious and delightful front porch which is just a perfect spot to spend the summer and spring nights. As you enter into the property an open foyer welcomes you! Center hallway layout with hardwood floors throughout and open access to the bright living room with a brick fireplace and a formal dining room. From the dining room you enter into the eat in kitchen with bay window, stainless steel Whirlpool appliances and granite countertops. On the main level there is also a powder room and lots of storage throughout. This immaculate home has 3 bedrooms with 2 suites with a jack and jill bathroom on the second floor. There are 2 bonus bedrooms in the home, one is on the third floor and the other is in the basement level. The large lot also includes a fenced in private backyard, outdoor heated shower, a detached garage and a driveway that accommodates 3 cars. One of the highest elevations on island. Just a delight to tour! The most cherished memories are made at the shore!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,724
Lot Details
- 3,790
Parking
- 1 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Shades
- Drapes & Rods
- Blinds
- Living Room with Fireplace
- Dining Room
- Storage
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Storm Screens
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Outdoor Shower
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Lot Dimensions are 50x74
- The property is located in a historic district
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 29, 2015
Sold by
Friedman Arnold E and Friedman Shirley
Bought by
Friedman Arnold E and Friedman Shirley
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,500
Outstanding Balance
$858,294
Interest Rate
3.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$716,363
Purchase Details
Closed on
Dec 6, 2002
Sold by
Friedman Arnold and Friedman Shirley
Bought by
The Arnold E Friedman & Shirley Friedman
Purchase Details
Closed on
Jun 30, 1988
Sold by
Groen Marcel L and Groen Bernice M
Bought by
Friedman Arnold and Friedman Shirley
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Friedman Arnold E | -- | Attorney | |
| The Arnold E Friedman & Shirley Friedman | -- | -- | |
| Friedman Arnold | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Friedman Arnold E | $895,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2020 09/09/20 | Sold | $665,000 | -2.1% | -- |
| 06/29/2020 06/29/20 | Pending | -- | -- | -- |
| 06/08/2020 06/08/20 | Price Changed | $679,000 | -1.5% | -- |
| 03/28/2020 03/28/20 | For Sale | $689,000 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $18,724 | $685,100 | $325,000 | $360,100 |
| 2024 | $18,724 | $685,100 | $325,000 | $360,100 |
| 2023 | $17,621 | $685,100 | $325,000 | $360,100 |
| 2022 | $17,621 | $685,100 | $325,000 | $360,100 |
| 2021 | $14,539 | $561,800 | $325,000 | $236,800 |
| 2020 | $13,574 | $523,900 | $325,000 | $198,900 |
| 2019 | $13,543 | $523,900 | $325,000 | $198,900 |
| 2018 | $13,800 | $523,900 | $325,000 | $198,900 |
| 2017 | $13,873 | $523,900 | $325,000 | $198,900 |
| 2016 | $15,215 | $696,000 | $570,500 | $125,500 |
| 2015 | $15,075 | $696,000 | $570,500 | $125,500 |
| 2014 | $14,331 | $696,000 | $570,500 | $125,500 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lou Ferry
-
Maxine Greenberg
Buyer's Agent in 2020
Maxine Greenberg
BHHS Fox & Roach
(609) 335-1504
7 in this area
18 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 535763
APN: 22-00082-0000-00021
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