NOT LISTED FOR SALE

5408 Suffolk Ct Unit P11 Ventnor City, NJ 08406

Estimated Value: $168,000 - $188,000

2 Beds
1 Bath
-- Sq Ft
0.59 Acres

Last Sold August 08, 2022

Last sale price $112,000

Est. 52% increase in value since last sale

Current estimated payment $1,087/month

3 Days on Market

Highlights

  • Deck
  • Fireplace
  • Baseboard Heating

About This Home

As of August 2022

Here's your chance to own your beach get a way ! AWESOME & UPDATED is this little 2 Bedroom gem, on the second floor. Large Living room with eat in kitchen, 1 large bedroom with 2nd bedroom and sliders to balcony for some outdoor space. Just steps to bay / ski beach concerts in the summer shopping, restaurants & more. Just a short hike to the beautiful beach and boardwalk. Condo fee includes water, sewer, insurance, maintenance, management, trash along with heat & hot water. Off street parking. Extremely well maintained complex. Tenant is owners son, see agent remarks

Last Agent to Sell the Property

Ginger O'Neill

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #SB-8835814 Listed on: 04/29/2022

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Lori Dodson King

OCF REALTY, LLC License #2080974

OCF REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1972

Lot Details

  • 0.59

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water, hot water, heat
  • Dream Bay Condos

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,845

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Lvt Date: 04/29/2022
  • Year Built: 1972
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In
  • Bedrooms: 2
  • Bedroom 1: Size: large
  • Bedroom 2: Size: average
  • Full Bathrooms: 1
  • Dining Room: Size: area
  • Kitchen: Size: eat in
  • Living Room: Size: large
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Heat
  • Condo Name: Dream Bay
  • Management: Association

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 5, 2022
Sold by
Rossi and Sharon
Bought by
Dream Bay Condos 2022 Llc
Seller's Agent
Ginger O'Neill
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Lori Dodson King
OCF REALTY, LLC
List Price
$105,000
Sold Price
$112,000
Premium/Discount to List
$7,000
6.67%
Current Estimated Value
$170,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,391
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Ventnor Apartments Llc
Bought by
Rossi James and Rossi Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
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
Dream Bay Condos 2022 Llc $112,000 Madison Title Agency
Rossi James $138,000 Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Bay Condos 2022 Llc $570,000
Previous Owner Rossi James $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $112,000 +6.7% --
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $105,000 -- --
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
2024 $1,845 $67,500 $15,000 $52,500
2023 $1,137 $67,500 $15,000 $52,500
2022 $1,137 $44,200 $15,000 $29,200
2021 $1,144 $44,200 $15,000 $29,200
2020 $1,145 $44,200 $15,000 $29,200
2019 $1,143 $44,200 $15,000 $29,200
2018 $1,164 $44,200 $15,000 $29,200
2017 $1,170 $44,200 $15,000 $29,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 562379

South Jersey Shore Regional MLS

APN: 22-00341-0000-00001-0000-C1611