NOT LISTED FOR SALE

521 N Somerset Ave Ventnor City, NJ 08406

Estimated Value: $528,396 - $2,671,000

-- Bed
-- Bath
1,267 Sq Ft
$904/Sq Ft Est. Value

About This Home

This home is located at 521 N Somerset Ave, Ventnor City, NJ 08406 and is currently estimated at $1,144,849, approximately $903 per square foot. 521 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
Nov 21, 2008
Sold by
Novelli Gino
Bought by
Novelli Gino and Novelli Belinda
Current Estimated Value
$1,144,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,727
Outstanding Balance
$142,476
Interest Rate
6.11%
Mortgage Type
FHA
Estimated Equity
$1,002,373

Purchase Details

Closed on
Apr 15, 2003
Sold by
Ardelean Harris
Bought by
Novelli Gino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Materio Louis
Bought by
Ardelean Harris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Materio Louis and Materio Louis
Bought by
Materio Louis
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.

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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.

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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.

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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.

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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
Novelli Gino -- Mutual Title Agency
Novelli Gino $195,000 --
Novelli Gino $195,000 --
Ardelean Harris $130,000 --
Materio Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novelli Gino $216,727
Closed Novelli Gino $175,500
Previous Owner Ardelean Harris $90,000
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 $5,974 $316,900 $105,000 $211,900
2024 $5,974 $218,600 $105,000 $113,600
2023 $5,622 $218,600 $105,000 $113,600
2022 $5,622 $218,600 $105,000 $113,600
2021 $5,657 $218,600 $105,000 $113,600
2020 $5,664 $218,600 $105,000 $113,600
2019 $5,651 $218,600 $105,000 $113,600
2018 $5,758 $218,600 $105,000 $113,600
2017 $5,789 $218,600 $105,000 $113,600
2016 $5,762 $263,600 $158,800 $104,800
2015 $5,710 $263,600 $158,800 $104,800
2014 $5,428 $263,600 $158,800 $104,800
Source: Public Records

Map

New Jersey Atlantic County Ventnor City 08406

521 N Somerset Ave, Ventnor City, NJ

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