NOT LISTED FOR SALE

312 N Suffolk Ave Ventnor City, NJ 08406

Estimated Value: $683,654 - $769,000

3 Beds
1.5 Baths
-- Sq Ft
2,004 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $659,000

Est. 11% increase in value since last sale

Current estimated payment $4,611/month

23 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Tankless Water Heater
  • Wood Flooring
  • Patio
  • Storage

About This Home

As of March 2024

Beautifully remodeled three-bedroom home with abundant natural light, located in Ventnor Heights, just steps from the bay and a brief drive to the beach. Boasting 3 bedrooms, 1.5 full baths, and comprehensive updates, this home was lifted and complies with flood height regulations, resulting in economical flood insurance and offering the owner a 700 sq ft garage space suitable for a compact car or entertaining. The primary living area features an open living room and an eat-in kitchen with modern appliances, complemented by a large deck for entertaining. Ascending to the second floor reveals 3 bedrooms and a full bathroom with an attractive shower enclosure and soaking tub. The convenience of a washer/dryer on the second floor adds practicality. The master bedroom, at the front of the home, features a deck overlooking the skyline of Atlantic City, beautifully lit at night. The HVAC system and tankless hot water heater, both just a year old, are exceptionally efficient. Notably, the home is equipped with Lutron lighting, and its attic has been professionally insulated and sealed for optimal efficiency. The fenced yard includes an outdoor shower and a detached storage shed. This turnkey home beckons buyers to simply unpack their bags and relish the imminent summer delights!

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 01/20/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Richard Dicioccio III

BHHS FOX and ROACH-Margate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,644

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 24x80
  • Fenced

Parking

  • 1 Parking Space

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,644

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 01/20/2024
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Storage
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Shed
  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Dimensions: 24x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 28, 2024
Sold by
Chamonix Ventures Llc
Bought by
Spinosa Cara Michelle and Hartigan Lauren Elizabeth
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$669,000
Sold Price
$659,000
Premium/Discount to List
-$10,000
-1.49%
Views
65
Current Estimated Value
$729,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,414
Avg. Annual Appreciation
7.25%
Original Mortgage
$626,050
Outstanding Balance
$617,272
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$112,142

Purchase Details

Closed on
Jun 17, 2022
Sold by
Bradley Berman
Bought by
Chamonix Ventures Llc

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 1, 2022
Sold by
Tavella and Susan
Bought by
Berman Bradley and Gale Brian
Seller's Agent
Robin Mitchell
BHHS FOX and ROACH-Margate
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$404,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2003
Sold by
Saddic Frances
Bought by
Tavella Gary and Tavella Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1999
Sold by
Tavella Gary and Tavella Susan
Bought by
Saddic Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.81%

Purchase Details

Closed on
Jun 15, 1990
Sold by
Jones Robert F and Jones William C
Bought by
Tavella Gary and Tavella Susan
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
Spinosa Cara Michelle $659,000 Trident Land Transfer
Chamonix Ventures Llc -- Robinson Arnold
Berman Bradley $505,000 Abbott John Scott
Tavella Gary -- Citizens Title Insurance Age
Saddic Francis $72,000 --
Tavella Gary $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinosa Cara Michelle $626,050
Previous Owner Berman Bradley $404,000
Previous Owner Tavella Gary $240,000
Previous Owner Tavella Gary $95,000
Previous Owner Saddic Francis $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $659,000 +1.5% --
02/12/2024 02/12/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $649,000 -3.0% --
01/20/2024 01/20/24 For Sale $669,000 0.0% --
09/15/2023 09/15/23 Rented -- -- --
08/29/2023 08/29/23 Price Changed $1,800 -21.7% --
07/24/2023 07/24/23 For Rent $2,300 0.0% --
03/01/2022 03/01/22 Sold $505,000 +1.2% --
01/19/2022 01/19/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $499,000 -- --
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 $7,644 $279,700 $68,000 $211,700
2024 $7,644 $279,700 $68,000 $211,700
2023 $7,194 $279,700 $68,000 $211,700
2022 $4,071 $158,300 $68,000 $90,300
2021 $4,097 $158,300 $68,000 $90,300
2020 $4,102 $158,300 $68,000 $90,300
2019 $4,092 $158,300 $68,000 $90,300
2018 $4,170 $158,300 $68,000 $90,300
2017 $4,192 $158,300 $68,000 $90,300
2016 $3,202 $146,500 $66,000 $80,500
2015 $3,173 $146,500 $66,000 $80,500
2014 $3,016 $146,500 $66,000 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581394

South Jersey Shore Regional MLS

APN: 22-00212-0000-00021