NOT LISTED FOR SALE

505 N Somerset Ave Ventnor City, NJ 08406

Estimated Value: $513,084 - $645,000

4 Beds
2 Baths
1,531 Sq Ft
$373/Sq Ft Est. Value

About This Home

This home is located at 505 N Somerset Ave, Ventnor City, NJ 08406 and is currently estimated at $570,771, approximately $372 per square foot. 505 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2015
Sold by
Dickinson Dana and Kaiser Rose Ann
Bought by
Smith Daniel J and Smith Dana B
Current Estimated Value
$570,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Outstanding Balance
$129,389
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$441,382

Purchase Details

Closed on
Sep 22, 2009
Sold by
Hsbc Bank Usa
Bought by
Dickinson Dana and Kaiser Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,544
Interest Rate
5.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2009
Sold by
Waller Heather C
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Sep 18, 2006
Sold by
Barone Salvatore
Bought by
Heather Waller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2001
Sold by
Barone Linda M
Bought by
Barone Salvatore and Barone Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.5%

Purchase Details

Closed on
May 24, 1999
Sold by
Feinberg Eliahu and Feinberg Terry
Bought by
Barone Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
10.45%

Purchase Details

Closed on
May 5, 1989
Sold by
Gualtieri Vincent
Bought by
Feinberg Eliahu

Purchase Details

Closed on
Jan 18, 1989
Sold by
Gualtieri Vincent and Gualtieri Lucy
Bought by
Guiltieri Vincent
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Daniel J -- Languard Title Services Llc
Dickinson Dana $162,500 Land Title Services
Hsbc Bank Usa -- Land Title Services Nj Inc
Heather Waller $355,000 --
Barone Salvatore -- --
Barone Linda M $103,000 Landis Title Corporation
Feinberg Eliahu $108,000 --
Guiltieri Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Daniel J $169,000
Closed Dickinson Dana $159,544
Previous Owner Heather Waller $284,000
Previous Owner Barone Salvatore $130,000
Previous Owner Barone Linda M $92,700
Source: Public Records

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 $4,794 $175,400 $71,100 $104,300
2024 $4,794 $175,400 $71,100 $104,300
2023 $4,511 $175,400 $71,100 $104,300
2022 $4,511 $175,400 $71,100 $104,300
2021 $4,539 $175,400 $71,100 $104,300
2020 $4,545 $175,400 $71,100 $104,300
2019 $4,534 $175,400 $71,100 $104,300
2018 $4,620 $175,400 $71,100 $104,300
2017 $4,645 $175,400 $71,100 $104,300
2016 $3,603 $164,800 $69,300 $95,500
2015 $3,570 $164,800 $69,300 $95,500
2014 $2,802 $136,100 $69,300 $66,800
Source: Public Records

Map

New Jersey Atlantic County Ventnor City 08406

505 N Somerset Ave, Ventnor City, NJ

This home is located at 505 N Somerset Ave, Ventnor City, NJ 08406 and is currently estimated at $570,771, approximately $372 per square foot. 505 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.

Nearby Homes