NOT LISTED FOR SALE

5003 Winchester Ave Ventnor City, NJ 08406

Estimated Value: $316,000 - $687,000

-- Bed
-- Bath
-- Sq Ft
610 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $150,000

Est. 273% increase in value since last sale

Current estimated payment $3,495/month

101 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Den
  • Boat Slip
  • Furnished
  • Shades

About This Home

As of June 2019

BAY VIEW DUPLEX WITH BOAT SLIP! Excellent location TRUE duplex Located on the Bay and 2 blocks from the beach & boardwalk. 1st Floor Unit has 1 Bed/1 bath washer/dryer and 2nd Floor unit has 2 Bed, 2 baths , washer/dryer with a panoramic deck to the bay. Separate utilities for each unit. Motivated Seller! MUST SEE TODAY!

Last Agent to Sell the Property

George Stefanides

G&L Real Estate Group Listed on: 12/07/2018

Last Buyer's Agent

Joanne Ferraro

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,392

Lot Details

  • Lot Dimensions are 25 x 25
  • Property Fronts a Bay or Harbor

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Shades
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Bay Views
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Boat Slip
  • Deck
  • Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,392

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Shades
  • Lvt Date: 12/07/2018
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Bay View, Boat Slip, Deck, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded
  • Lot Dimensions: 25 X 25

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Apr 30, 2019
Sold by
Meinzer Christopher H and Meinzer Christina
Bought by
Mcminn William K and Mcminn Joan L
Seller's Agent
George Stefanides
G&L Real Estate Group
Buyer's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
List Price
$219,000
Sold Price
$150,000
Premium/Discount to List
-$69,000
-31.51%
Current Estimated Value
$559,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,058
Avg. Annual Appreciation
23.60%
Original Mortgage
$263,717
Outstanding Balance
$231,888
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$327,170

Purchase Details

Closed on
Jun 9, 2005
Sold by
Meinzer Christopher H
Bought by
Meinzer Christopher H and Meinzer Christina M

Purchase Details

Closed on
Dec 18, 2003
Sold by
Luongo Pasquale and Luongo Katherine
Bought by
Meinzer Christopher H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 2000
Sold by
Coroneos George and Coroneos Anna Marie
Bought by
Luongo Pasquale and Luongo Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.76%
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
Mcminn William K $150,000 Trident Land Transfer Co Llc
Meinzer Christopher H -- --
Meinzer Christopher H $413,000 The Title Company Of Jersey
Luongo Pasquale $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcminn Joan L $263,717
Previous Owner Mcminn William K $263,717
Previous Owner Meinzer Christopher H $213,000
Previous Owner Luongo Pasquale $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $150,000 -18.9% --
03/18/2019 03/18/19 Pending -- -- --
01/26/2019 01/26/19 Price Changed $185,000 -15.5% --
12/07/2018 12/07/18 For Sale $219,000 -- --
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 $5,392 $197,300 $181,300 $16,000
2024 $5,392 $197,300 $181,300 $16,000
2023 $5,075 $197,300 $181,300 $16,000
2022 $5,075 $197,300 $181,300 $16,000
2021 $5,106 $197,300 $181,300 $16,000
2020 $5,112 $197,300 $181,300 $16,000
2019 $5,100 $197,300 $181,300 $16,000
2018 $5,197 $197,300 $181,300 $16,000
2017 $5,225 $197,300 $181,300 $16,000
2016 $5,047 $230,900 $93,800 $137,100
2015 $5,001 $230,900 $93,800 $137,100
2014 $4,754 $230,900 $93,800 $137,100
Source: Public Records

Agents Affiliated with this Home

  • George Stefanides

    Seller's Agent in 2019

    George Stefanides

    G&L Real Estate Group

    (609) 225-1591

    3 in this area

    43 Total Sales

    George Stefanides
    Section Image
  • Joanne Ferraro

    Buyer's Agent in 2019

    Joanne Ferraro

    BHHS Fox & Roach

    (609) 226-4002

    51 in this area

    101 Total Sales

    Joanne Ferraro
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 514805

South Jersey Shore Regional MLS

APN: 22-00100-0000-00002

New Jersey Atlantic County Ventnor City 08406

5003 Winchester Ave, Ventnor City, NJ

This home is located at 5003 Winchester Ave, Ventnor City, NJ 08406 since 07 December 2018 and is currently estimated at $559,058. 5003 Winchester 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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