NOT LISTED FOR SALE

5501 Ventnor Ave Ventnor City, NJ 08406

Estimated Value: $859,000 - $1,652,025

7 Beds
6 Baths
-- Sq Ft
5,358 Sq Ft Lot

Last Sold April 10, 2019

Last sale price $400,000

Est. 237% increase in value since last sale

Current estimated payment $8,744/month

87 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Loft
  • Deck
  • Main Floor Bedroom
  • 4-minute walk to C Sure Children's Park

About This Home

As of April 2019

It is the combination of charm, grace & architectural details of this enormous St. Leonard's Tract home that truly make it a one of a kind masterpiece of interior design with enough room for everyone! Located just two blocks to the beach and the boardwalk, this classic 7 BR 4.5 BA estate boasts a classic center stair design features and hardwood floors through out. Enter through an enormous front porch into an expansive living room that features an original built-in fireplace and an adjacent dining room with original built ins. There is a huge eat-in kitchen as well as a large sun room, a bedroom, a full bath and a powder room on this floor. This spacious three-story home has 7 bedrooms and 4 and a half bathrooms. The second floor includes 2 bedrooms and a full bath plus the master bedroom suite with its own private bath and a huge private deck. There are 3 more bedrooms and another bath on the third floor. There is a full basement and an attached garage as well. Ample off street parking for 2 cars. The home is being sold in "AS IS" condition.

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B License #0683154 Listed on: 11/13/2018

NEW ERA REAL ESTATE-B

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,715

Lot Details

  • Lot Dimensions are 65' x 85'
  • Fenced
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Loft
  • Storage
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Stone or Rock in Basement

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • The property is located in a historic district

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • St Leonards Tra Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,715

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds, Fireplace Equipment
  • Lvt Date: 11/13/2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, Tile, Vinyl, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 7
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: 6 Ft. Or More Head Room, Full, Heated, Inside Entrance, Masonry Floor/Wall, Outside Entrance, Partial, Plumbing, Partially Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, In-Law Quarters, Laundry/Utility Room, Loft, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Porch, Porch Enclosed, Sidewalks
  • Siding Exterior: Brick, Stucco
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

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

Utilities

  • Air Conditioner: Ceiling Fan(s), Multi-Zoned, Wall Units
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Historical District, Boardwalk Area
  • Lot Dimensions: 65' X 85'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Benson John R
Bought by
Benson John R and Ozdemir Gamze
Current Estimated Value
$1,346,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$494,195
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$901,061

Purchase Details

Listed on
Nov 13, 2018
Closed on
Apr 22, 2019
Sold by
Rooney William J and Rooney Deborah K
Bought by
Benson John R
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.93%
Original Mortgage
$380,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2000
Sold by
Abruzzese Henry
Bought by
Rooney William J and Rooney Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
8.12%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Katchurn Charlotte
Bought by
Abruzzee Edward and Mcginnis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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Average Value
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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
Benson John R -- One Abstract Servies
Benson John R $400,000 Dba One Abstract
Rooney William J $285,000 --
Abruzzee Edward $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson John R $540,000
Closed Benson John R $380,000
Previous Owner Rooney William J $275,000
Previous Owner Rooney William J $213,750
Previous Owner Abruzzee Edward $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $400,000 -5.9% --
02/08/2019 02/08/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $425,000 -- --
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 $15,715 $575,000 $260,600 $314,400
2023 $14,789 $575,000 $260,600 $314,400
2022 $14,789 $575,000 $260,600 $314,400
2021 $14,881 $575,000 $260,600 $314,400
2020 $14,898 $575,000 $260,600 $314,400
2019 $17,020 $658,400 $260,600 $397,800
2018 $17,342 $658,400 $260,600 $397,800
2017 $17,434 $658,400 $260,600 $397,800
2016 $18,539 $848,100 $482,700 $365,400
2015 $18,370 $848,100 $482,700 $365,400
2014 $17,462 $848,100 $482,700 $365,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 513990

South Jersey Shore Regional MLS

APN: 22-00107-0000-00001