NOT LISTED FOR SALE

5 S Hillside Ave Ventnor City, NJ 08406

Estimated Value: $844,000 - $1,085,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $640,000

Est. 51% increase in value since last sale

Current estimated payment $6,173/month

24 Days on Market

Highlights

  • Deck
  • Great Room
  • Breakfast Area or Nook
  • Sun or Florida Room
  • Den
  • Porch

About This Home

As of July 2022

Keep booked rentals or enjoy it yourself. One block to our sandy beach and boardwalk and on one of the highest streets in Ventnor. This extremely large nine bedroom four bath duplex offers a one car garage and is perfect to enjoy, rent out or both. Amazing rental income on the books and more to come. If you like sunny vintage charm this property is for you or rehab it to make it a modern luxury. The top three stories WOW you and offer hardwood floors, six large bedrooms each with closets and one with a deck, three full baths, a living room and a dining room for large families. Make sure to see the quaint sun room that is attached to the dining room offering a sunny quiet space to play, read or work. A favorite part of the house is the expansive front porch to enjoy the sounds of the ocean and sea breezes! Most of the windows on the first floor are new. Entertain on the front porch or in the large back yard with two outside showers. The first floor apartment is expansive with 3 bedrooms, a newer kitchen and high ceilings giving it tons of natural light. Both units have laundry rooms and outside showers. Separate electric meters, furnaces, hot water heaters. Upstairs has a newer stove. Rents are 3k to 5k a week. Info and Seller's disclosure on file. I love this property and you will too! So does everyone else with a 5 star AirBnB rating!!

Last Agent to Sell the Property

Angela Desch

KELLER WILLIAMS REALTY JERSEY SHORE-Margate Listed on: 05/18/2022

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Saverio Brunetti

Atlas Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,877

Lot Details

  • Lot Dimensions are 38x77
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • Partially Furnished
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,877

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 05/19/2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, Great Room, Kitchen, Laundry/Utility Rm, Library/Study, Living Room, Pantry

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Porch, Recreation Area, Sidewalks

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 38x77

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 7, 2022
Sold by
Leidy Maureen
Bought by
Star Real Estate Holding Llc
Seller's Agent
Angela Desch
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Saverio Brunetti
Atlas Real Estate
List Price
$725,000
Sold Price
$640,000
Premium/Discount to List
-$85,000
-11.72%
Current Estimated Value
$966,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,641
Avg. Annual Appreciation
14.03%
Original Mortgage
$512,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 11, 2014
Sold by
Chan Chun Fai and Chan Chiu Hing Wan
Bought by
Leidy Maureen
Buyer's Agent
KAREN NEHMAD
PLATINUM REAL ESTATE
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$204,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1996
Sold by
Skversky Paul and Skversky Arlene
Bought by
Chan Chun Fai and Chiu Hing Wan
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
Star Real Estate Holding Llc $640,000 --
Leidy Maureen $255,000 Multiple
Chan Chun Fai $132,500 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Star Real Estate Holding Llc $512,000
Previous Owner Leidy Maureen $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $640,000 -11.7% --
06/11/2022 06/11/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $725,000 +184.3% --
11/14/2014 11/14/14 Sold $255,000 0.0% --
10/07/2014 10/07/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $255,000 -- --
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 $10,877 $398,000 $165,500 $232,500
2024 $10,877 $398,000 $165,500 $232,500
2023 $6,551 $398,000 $165,500 $232,500
2022 $6,551 $254,700 $165,500 $89,200
2021 $6,592 $254,700 $165,500 $89,200
2020 $6,599 $254,700 $165,500 $89,200
2019 $6,584 $254,700 $165,500 $89,200
2018 $6,709 $254,700 $165,500 $89,200
2017 $6,744 $254,700 $165,500 $89,200
2016 $6,121 $280,000 $210,000 $70,000
2015 $6,505 $300,300 $210,000 $90,300
2014 $7,279 $353,500 $235,300 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 563150

South Jersey Shore Regional MLS

APN: 22-00051-0000-00010