NOT LISTED FOR SALE

2005 East Dr Unit J2005 Ventnor City, NJ 08406

Estimated Value: $498,000 - $970,000

3 Beds
3.5 Baths
1,946 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $610,000 $313 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,670/month

Highlights

  • Private Dock Site
  • Private Water Access
  • Clubhouse
  • Home fronts navigable water
  • Bay View
  • Coastal Architecture

About This Home

As of April 2021

Just bring your toys and toothbrush to this elegantly designed Crown Key Yacht Club waterfront Home. A complete 2019 renovation that includes an eat in kitchen with custom cabinetry, stainless appliances, choice counters and backsplash, stainless farm sink and a spacious breakfast bar with pendant lighting. The powder room is a must see! Entertain in this bright and abundant open concept living room and dining area with a fireplace, built in stone bar , natural white oak wide plank flooring and wainscoting throughout. The living are flows onto a large deck with incredible views of the bay. Retreat to your owner's suite that boast cruise ship like views, sky lights, wainscoting , a Carrera bath with double inlaid stone shower, two sinks and makeup vanity. The great looking hall bath services a second bedroom and loft with barn doors for privacy, perfect for extra sleeping or home office. The additional oversized third bedroom ensuite enjoys views of Atlantic City and a stunning Euro styled bath. This unit includes a 45ft deep water boat slip with power and water. Owner also enjoys a wonderful club house and swimming pool with bay views. After you play, the unit has an outdoor enclosed shower, gas grill hook- up and garage with storage closet.

Last Agent to Sell the Property

Robert Fein

(215) 370-2809 robert.fein@foxroach.com BHHS Fox & Roach-Margate License #1861064 Listed on: 01/24/2021

BHHS Fox & Roach-Margate

Last Buyer's Agent

Patrick Halliday

(609) 602-3917 Patrick.Halliday@foxroach.com BHHS Fox & Roach West Ave - Ocean City

BHHS Fox & Roach West Ave - Ocean City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,610

Year Built

  • Built in 1996

Lot Details

  • Home fronts navigable water
  • Backs To Open Common Area

HOA Fees

  • $816 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Cedar

Interior Spaces

  • 1,946 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Sliding Doors
  • Insulated Doors
  • Bay Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Private Water Access
  • Property near a bay
  • Bulkhead
  • Private Dock Site

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 22-00412-00001-C2005

Community Details

Overview

  • Association fees include insurance, pier/dock maintenance, pool(s), trash, management
  • Ventnor Heights Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,610

Year Built

Built in 1996

Lot Details

0

HOA Fees

$816 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: TV Wall Bracket Mounts in Great Room. Wine Racks in the Bar area. Two Jet Ski Docks
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Insulated
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1946
  • Living Area Sq Ft: 1946
  • Price Per Sq Ft: 323.74
  • Above Grade Finished Sq Ft: 1946
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Roof: Shingle
  • View: Bay
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 816.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Insurance, Pier/Dock Maintenance, Pool(s), Trash, Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs - Open Common Area, Bulkheaded
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: 11

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7610.00
  • Assessor Parcel Number: 22-00412-00001-C2005
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: VENTNOR CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2021
Closed on
Apr 1, 2021
Sold by
Sadock Jonathan and Sablosky Sharon Rothman
Bought by
Cleary Robert J
Seller's Agent
Robert Fein
BHHS Fox & Roach-Margate
Buyer's Agent
Patrick Halliday
BHHS Fox & Roach West Ave - Ocean City
List Price
$630,000
Sold Price
$610,000
Premium/Discount to List
-$20,000
-3.17%
Current Estimated Value
$768,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,438
Avg. Annual Appreciation
5.18%
Original Mortgage
$488,000
Outstanding Balance
$440,605
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$327,833

Purchase Details

Listed on
May 3, 2017
Closed on
Jul 6, 2017
Sold by
Zapco Realty North Llc
Bought by
Sadock Joanthan and Sablosky Sharon Rothman
Seller's Agent
Mayer Stroh
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.99%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Bakey Kathleen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2004
Sold by
Shelton Fincourt
Bought by
Bakey Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1994
Sold by
Act Ii Development
Bought by
Shelton Fincourt and Shelton Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cleary Robert J $610,000 Freedom Title & Abstract
Sadock Joanthan $207,000 Title America Agency Corp
Federal National Mortgage Association -- Attorney
Bakey Kathleen $427,000 --
Bakey Kathleen M $427,000 Commonwealth Title
Shelton Fincourt $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleary Robert J $488,000
Previous Owner Bakey Kathleen M $400,000
Previous Owner Shelton Fincourt $115,000
Closed Bakey Kathleen $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $610,000 -3.2% $313 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $630,000 +200.0% $324 / Sq Ft
07/07/2017 07/07/17 Sold $210,000 -- -- View Prior Sale
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 $9,978 $365,100 $135,000 $230,100
2024 $9,978 $365,100 $135,000 $230,100
2023 $9,390 $365,100 $135,000 $230,100
2022 $9,390 $365,100 $135,000 $230,100
2021 $7,601 $293,700 $135,000 $158,700
2020 $7,610 $293,700 $135,000 $158,700
2019 $7,592 $293,700 $135,000 $158,700
2018 $7,736 $293,700 $135,000 $158,700
2017 $7,777 $293,700 $135,000 $158,700
2016 $10,547 $482,500 $332,500 $150,000
2015 $10,451 $482,500 $332,500 $150,000
2014 $9,935 $482,500 $332,500 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC116198

Bright MLS

APN: 22-00412-0000-00001-0000-C2005