NOT LISTED FOR SALE

307 N Somerset Ave Ventnor City, NJ 08406

Estimated Value: $385,000 - $462,000

3 Beds
2 Baths
1,224 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $262,000 $214 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,702/month

102 Days on Market

Highlights

  • Colonial Architecture
  • Patio
  • Hot Water Heating System
  • No HOA

About This Home

As of June 2023

Investment Opportunity Knocks! 3 Bedroom, 2 Full Bath Colonial being sold As Is Where Is. Buyer responsible for all smoke Certs / CCO -

Last Agent to Sell the Property

John Natale

Keller Williams Realty West Monmouth Listed on: 04/29/2023

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1930

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25.3 x 80

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Boiler Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00212-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,796

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.05
  • General Property Info Lot Dimensions: 25.3 x 80
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Cooling None12: Yes
  • Water Heater Off Boiler: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25.3 x 80
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 22-00212-0000-00009

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Oct 6, 2023
Sold by
Sdm Properties Llc
Bought by
Scott Brian M and Scott Theresa M
Seller's Agent
Hamed Payandehfar
Century 21 Action Plus Realty - Northfield
Buyer's Agent
Hamed Payandehfar
Century 21 Action Plus Realty - Northfield
List Price
$349,900
Sold Price
$337,000
Premium/Discount to List
-$12,900
-3.69%
Views
766
Current Estimated Value
$425,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,191
Avg. Annual Appreciation
14.65%

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 3, 2023
Sold by
Hof I Reo 5 Llc
Bought by
Sdm Properties Llc
Seller's Agent
John Natale
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$250,000
Sold Price
$262,000
Premium/Discount to List
$12,000
4.8%
Views
766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
138.23%

Purchase Details

Closed on
Apr 5, 2021
Sold by
Ttk Re Enterprise Llc
Bought by
Hof I Reo 5 Llc

Purchase Details

Closed on
May 22, 2019
Sold by
Ttk Enterprises Llc
Bought by
Ttk Re Enterprise Llc

Purchase Details

Listed on
Jun 19, 2017
Closed on
Oct 19, 2018
Sold by
Wolf Deborah and Thomas Vera R
Bought by
Ttk Enterprises Llc
Seller's Agent
gaspersellsre SPARACIO JR
BHHS FOX and ROACH-Margate
Buyer's Agent
Noel Flamm
KELLER WILLIAMS REALTY ATLANTIC SHORE-Little Egg Harbor
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Original Mortgage
$126,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2006
Sold by
Steiman Florence
Bought by
Thomas Vera and Wolf Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1998
Sold by
Steinman Florence J
Bought by
Thomas Vera R and Wolf Deborah

Purchase Details

Closed on
Oct 12, 1995
Sold by
Collins Marie Frances and Thomas Vera
Bought by
Steinman Florence J

Purchase Details

Closed on
Oct 5, 1992
Sold by
Thomas Vera and Thomas Collns
Bought by
Steinmann Floence

Purchase Details

Closed on
Sep 27, 1991
Sold by
Collins Marie Frances
Bought by
Collins Collins M and Collins Thomas
Source: Public Records

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Range of Values:

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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
Scott Brian M $337,000 Surety Title
Sdm Properties Llc $262,000 Surety Title
Hof I Reo 5 Llc -- Wimba Title Agency
Ttk Re Enterprise Llc -- Surety Title Company
Ttk Enterprises Llc $125,000 Surety Title Co
Thomas Vera -- --
Thomas Vera R -- Commonwealth Land Title Ins
Steinman Florence J -- Settlers Title Agency Lp
Steinmann Floence -- --
Collins Collins M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ttk Enterprises Llc $126,000
Previous Owner Wolf Deborah $120,000
Previous Owner Thomas Vera $70,000
Previous Owner Wolf Deborah $7,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $262,000 0.0% $214 / Sq Ft
06/23/2023 06/23/23 Sold $262,000 +4.8% --
05/10/2023 05/10/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $250,000 0.0% $204 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $250,000 0.0% $204 / Sq Ft
01/27/2023 01/27/23 For Sale $250,000 +100.0% --
10/19/2018 10/19/18 Sold $125,000 -3.1% --
04/03/2018 04/03/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $129,000 0.0% --
06/28/2017 06/28/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $129,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,001 $146,400 $68,000 $78,400
2023 $3,796 $147,600 $68,000 $79,600
2022 $3,796 $147,600 $68,000 $79,600
2021 $3,820 $147,600 $68,000 $79,600
2020 $3,824 $147,600 $68,000 $79,600
2019 $3,815 $147,600 $68,000 $79,600
2018 $3,888 $147,600 $68,000 $79,600
2017 $3,908 $147,600 $68,000 $79,600
2016 $3,124 $142,900 $66,800 $76,100
2015 $3,095 $142,900 $66,800 $76,100
2014 $2,942 $142,900 $66,800 $76,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Natale

    Keller Williams Realty West Monmouth

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

  • Hamed Payandehfar

    Buyer's Agent in 2023

    Hamed Payandehfar

    Century 21 Action Plus Realty - Northfield

    (609) 703-1077

    53 Total Sales

    Hamed Payandehfar
    Section Image
  • Noel Flamm

    Buyer's Agent in 2018

    Noel Flamm

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Little Egg Harbor

    (609) 513-0467

    67 Total Sales

    Noel Flamm
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22302414

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00212-0000-00009

New Jersey Atlantic County Ventnor City 08406

307 N Somerset Ave, Ventnor City, NJ

This home is located at 307 N Somerset Ave, Ventnor City, NJ 08406 since 29 April 2023 and is currently estimated at $425,191, approximately $347 per square foot. This property was built in 1930. 307 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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