NOT LISTED FOR SALE

3 N Somerset Ave Ventnor City, NJ 08406

Estimated Value: $1,251,000 - $1,475,000

4 Beds
2.5 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold September 29, 2020

Last sale price $770,000

Est. 76% increase in value since last sale

Current estimated payment $8,536/month

57 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Cathedral Ceiling
  • Sun or Florida Room
  • 4-minute walk to C Sure Children's Park

About This Home

As of September 2020

Winter, Summer, Spring or Fall, this home HAS IT ALL! Glorious Hidden Treasure in the historic St. Leonard’s tract home on beautiful street near the Bay and the Beach! A masterpiece of beauty & old world charm, this home has been restored & designer renovated to its former grace & magnificence! Once home to the first WW1 Army Pilot, it is situated on a St. Leonard’s tract lot, which is large at 65x73, the home includes a detached garage and a backyard with a beautiful landscaping and hot tub. This spacious home has original hardwood floors, fabulous enclosed porch that is large enough for catered parties or to just to sit back, relax and enjoy! Amenities include pool room, great room, Master bedroom suite, office, den/man cave, H/W floors throughout, marble throughout and fireplace! The living room is expansive with a built-in fireplace, the huge dining room is adjacent to a beautiful bar area and a large gourmet upgraded kitchen with tons of cabinet space. The second floor features a master marble suite, 3 additional bedrooms, 1 with a deck overlooking the bay and a fully renovated & gorgeous bath along with den/man cave! Wonderful family home with enough room for entire extended family located 2 blocks to beach & boardwalk in a lovely, executive & prestigious neighborhood! With low taxes, this lovely hidden treasure is ready to become yours! VIRTUAL MATTERPORT TOUR AVAILABLE AT: https://my.matterport.com/show/?m=X1PbyfXtuCw&mls=1

Last Agent to Sell the Property

Tina Lobiondo

FARLEY and FERRY REALTY, INC License #0900600 Listed on: 07/03/2020

Last Buyer's Agent

Fran Gelman

FARLEY and FERRY REALTY, INC License #0560063

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,605

Lot Details

  • Lot Dimensions are 65 x 73
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Burglar Security System
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • St Leonards Tra Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,605

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains, Drapes
  • Lvt Date: 07/03/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Bar, Cathedral Ceiling, Security System, Storage, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: 6 Ft. Or More Head Room, Full, Outside Entrance
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Lower
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Florida Room, Great Room, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Porch, Porch Enclosed, Sidewalks, Sprinkler System
  • Siding Exterior: Brick, Masonry/Block, Shingle, Wood
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 65 X 73
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 29, 2020
Sold by
Santivasi Vincent and Santivasi Sherree
Bought by
Glassman Todd and Emrick Lori
Seller's Agent
Tina Lobiondo
FARLEY and FERRY REALTY, INC
Buyer's Agent
Fran Gelman
FARLEY and FERRY REALTY, INC
List Price
$874,788
Sold Price
$770,000
Premium/Discount to List
-$104,788
-11.98%
Current Estimated Value
$1,358,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,150
Avg. Annual Appreciation
12.15%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$904,176

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 25, 2020
Sold by
Santivasi Vincent and Santivasi Sherree
Bought by
Glassman Todd and Emrick Lori
Seller's Agent
Tina Lobiondo
FARLEY and FERRY REALTY, INC
Buyer's Agent
Fran Gelman
FARLEY and FERRY REALTY, INC
List Price
$874,788
Sold Price
$770,000
Premium/Discount to List
-$104,788
-11.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$904,176

Purchase Details

Closed on
Nov 22, 2016
Sold by
Coopersmith Gayle
Bought by
Jacobs Cory G and Jacobs Mindle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2013
Closed on
Apr 23, 2013
Sold by
Beck Rose M and Beck Morton S
Bought by
Santivasi Vincent and Santivasi Sherree
Buyer's Agent
DIANE KRESZ
MARKETPLACE REALTY
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$320,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1990
Sold by
Pasahow Robert and Pasahow Lori
Bought by
Beck William and Beck Rose
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
Glassman Todd $770,000 None Listed On Document
Glassman Todd $770,000 Keystone Agency Inc
Jacobs Cory G -- None Available
Santivasi Vincent $400,000 Old Republic National Title
Beck William $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glassman Todd $510,400
Closed Glassman Todd $510,400
Previous Owner Jacobs Cory G $314,000
Previous Owner Santivasi Vincent $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $770,000 -9.4% --
08/29/2020 08/29/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $849,788 -2.9% --
08/20/2020 08/20/20 Price Changed $874,788 +2.9% --
07/31/2020 07/31/20 Price Changed $849,788 -2.9% --
07/03/2020 07/03/20 For Sale $874,788 +118.7% --
05/17/2013 05/17/13 Sold $400,000 0.0% --
03/14/2013 03/14/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $400,000 -- --
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
2025 $15,605 $606,200 $242,400 $363,800
2024 $15,605 $571,000 $242,400 $328,600
2023 $14,686 $571,000 $242,400 $328,600
2022 $14,686 $571,000 $242,400 $328,600
2021 $14,777 $571,000 $242,400 $328,600
2020 $12,206 $471,100 $242,400 $228,700
2019 $12,178 $471,100 $242,400 $228,700
2018 $12,409 $471,100 $242,400 $228,700
2017 $12,475 $471,100 $242,400 $228,700
2016 $11,477 $525,000 $425,000 $100,000
2015 $11,372 $525,000 $425,000 $100,000
2014 $12,455 $604,900 $427,100 $177,800
Source: Public Records

Agents Affiliated with this Home

  • Tina Lobiondo

    Seller's Agent in 2020

    Tina Lobiondo

    FARLEY and FERRY REALTY, INC

    (609) 501-3211

    8 in this area

    27 Total Sales

    Tina Lobiondo
    Section Image
  • Fran Gelman

    Buyer's Agent in 2020

    Fran Gelman

    FARLEY and FERRY REALTY, INC

    (302) 893-1511

    1 in this area

    1 Total Sale

    Fran Gelman
    Section Image

  • D

    Buyer's Agent in 2013

    DIANE KRESZ

    MARKETPLACE REALTY

    (609) 364-2440

    6 in this area

    45 Total Sales

    DIANE KRESZ
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538804

South Jersey Shore Regional MLS

APN: 22-00107-0000-00005

New Jersey Atlantic County Ventnor City 08406

3 N Somerset Ave, Ventnor City, NJ

This home is located at 3 N Somerset Ave, Ventnor City, NJ 08406 since 03 July 2020 and is currently estimated at $1,358,150. 3 N Somerset 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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