NOT LISTED FOR SALE

5502 Edgewater Ave Ventnor City, NJ 08406

Estimated Value: $672,000 - $1,000,000

3 Beds
2.5 Baths
1,895 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $320,000 $169 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,210/month

17 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Cathedral Ceiling
  • Boat Slip
  • Marble Flooring
  • Den

About This Home

As of July 2013

PRICED TO SELL!! JUST REDUCED, HURRY THIS DEAL WILL NOT LAST!! This custom beauty features many upgrades and 4 boat slips! All new windows, custom marble fireplace, top-of-the-line Jenn-Air and SubZero appliances, attached heated garage and fine finishes throughout. Crown molding and decorative ceilings. 3 HUGE decks. ATTENTION BOATERS: CAN FIT UP TO A 40 FT BOAT HERE, plus boat house with 2 slips under home!! Enjoy the fun of living on the bay, yet only 4 blocks to the lovely Ventnor beaches! Call today!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 06/01/2013

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,123

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 50x75
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Workshop
  • Storage

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Boat Slip
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Ventnor Heights Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,123

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Drapes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Laundry/Utility Room, Library/Study, Pantry, Workshop

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Porch Enclosed, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Boardwalk Area
  • Lot Dimensions: 50x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
Jul 26, 2013
Sold by
Couf John and Couf Paulette
Bought by
Bancheri Joseph J
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$835,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,285
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Feb 8, 2011
Sold by
Couf Rosemary
Bought by
Couf John

Purchase Details

Closed on
Sep 23, 1991
Sold by
Hudson Donald
Bought by
Ruffu Carmela Cammarota and Ruffu Yampolsky

Purchase Details

Closed on
Sep 21, 1991
Sold by
Segal Donald
Bought by
Hudson Donald and Hudson Charlotte

Purchase Details

Closed on
Jan 22, 1990
Sold by
Segal Donald and Segal Jane
Bought by
Hudson Donald and Hudson Charlotte
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
Bancheri Joseph J $320,000 Old Republic National Title
Couf John -- None Available
Ruffu Carmela Cammarota $225,000 --
Hudson Donald -- --
Hudson Donald $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Couf John $269,000
Previous Owner Ruffu Carmella Cammarota $153,817
Previous Owner Ruffu Carmela Cammarota $151,500
Previous Owner Ruffu Carmela Cammarota $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $320,000 0.0% $169 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $320,000 -- $169 / Sq Ft
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 $9,123 $333,800 $235,000 $98,800
2024 $9,123 $333,800 $235,000 $98,800
2023 $8,544 $333,800 $235,000 $98,800
2022 $8,544 $332,200 $235,000 $97,200
2021 $8,597 $332,200 $235,000 $97,200
2020 $8,607 $332,200 $235,000 $97,200
2019 $8,587 $332,200 $235,000 $97,200
2018 $8,750 $332,200 $235,000 $97,200
2017 $8,797 $332,200 $235,000 $97,200
2016 $8,265 $378,100 $300,000 $78,100
2015 $8,190 $378,100 $300,000 $78,100
2014 $9,412 $457,100 $311,300 $145,800
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2013

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    174 in this area

    756 Total Sales

    Paula Hartman
    Section Image
  • Brian Hiltner

    Buyer's Agent in 2013

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    25 in this area

    146 Total Sales

    Brian Hiltner
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 412250

South Jersey Shore Regional MLS

APN: 22-00150-0000-00017

New Jersey Atlantic County Ventnor City 08406

5502 Edgewater Ave, Ventnor City, NJ

This home is located at 5502 Edgewater Ave, Ventnor City, NJ 08406 since 01 June 2013 and is currently estimated at $835,285, approximately $440 per square foot. This property was built in 1997. 5502 Edgewater 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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