$262,000
SOLD JUN 23, 2023

307 N Somerset Ave Ventnor City, NJ 08406

3 Beds
2 Baths
-- Sq Ft
2,047 Sq Ft Lot

Recently Sold

5% Above List Price

64 Days on Market

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 License #079719 Listed on: 01/27/2023

KELLER WILLIAMS REALTY-WEST MONMOUTH

Last Buyer's Agent

Hamed Payandehfar

Century 21 Action Plus Realty - Northfield

Century 21 Action Plus Realty - Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,001

Year Built

  • Built in 1930

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 25x100
  • Hot Water Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,001

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 01/27/2023
  • Year Built: 1930
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Full

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Heating: Hot Water
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size: Less Than One Acre

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
$418,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,793
Avg. Annual Appreciation
12.18%

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
19.27%
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

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 Type Sale Price Title Company
Bargain Sale Deed $337,000 Surety Title
Bargain Sale Deed $262,000 Surety Title
Deed -- Wimba Title Agency
Deed -- Surety Title Company
Deed $125,000 Surety Title Co
Deed -- --
Deed -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- Settlers Title Agency Lp
Quit Claim Deed -- --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $126,000 Commercial
Previous Owner $120,000 Unknown
Previous Owner $70,000 Purchase Money Mortgage
Previous Owner $7,515 Unknown
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: 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 $4,001 $146,400 $68,000 $78,400
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

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570620

South Jersey Shore Regional MLS

APN: 22-00212-0000-00009