NOT LISTED FOR SALE

5502 Ventnor Ave Ventnor City, NJ 08406

Estimated Value: $1,658,000 - $1,817,000

5 Beds
4.5 Baths
2,872 Sq Ft
$606/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,200,000 $418 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,265/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • 4-minute walk to C Sure Children's Park

About This Home

As of March 2022

This charming, meticulously maintained 5B/4.5BA property sits in the revered and historic St. Leonard's Tract, only two blocks from the beach. The interior was fully renovated in 2017, with a brand new roof and siding updated in 2021!. Entering the home you will notice the open, eat-in kitchen that features both a separate dining area and a breakfast bar with room for four. Timeless white cabinets and pantry ensure no shortage of storage.  Natural stone countertops, brand new Jennair stainless steel appliances, and a telescoping range hood behind a five burner stovetop complete this space. The kitchen connects to the great room, a dining room/living room combo with gas fireplace and cathedral ceilings. The first floor is complete with a spacious master suite with an attached full bath. As you pass the conveniently located hallway half bath you will enter the rear den. A generous space perfect for a second family room or home office. Exit the den through sliding glass doors to experience your back-porch and its accompanying landscaped garden oasis. The second floor features two additional large primary suites with ensuite bathrooms, and 2 more spacious bedrooms and an additional full bath in the hall. Driveway parking (space for 3) is on the side of the house including a retractable sun shade to keep your car cool on hot summer days. The best part? This home faces both east and west - watch the sun rise from your back porch and set from your front porch.

Last Agent to Sell the Property

Alexander Clark

KW Jersey/Keller Williams Jersey License #1866528 Listed on: 01/19/2022

Last Buyer's Agent

Jaime Kravitz

DILORENZO REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,268

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 50x100
  • Fenced
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Tankless Water Heater

Community Details

  • St Leonards Tra Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,268

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Partially Furnished
  • Lvt Date: 01/19/2022
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Security System, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch, Shed, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned, Wall Units
  • Heating: Forced Air, Multi-Zoned, Space/Wall/Floor
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 1, 2022
Sold by
Elizabeth Rufe
Bought by
Nachman Jeffrey
Seller's Agent
Alexander Clark
KW Jersey/Keller Williams Jersey
Buyer's Agent
Jaime Kravitz
DILORENZO REALTY GROUP, LLC
List Price
$1,000,000
Sold Price
$1,200,000
Premium/Discount to List
$200,000
20%
Current Estimated Value
$1,740,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,285
Avg. Annual Appreciation
11.14%
Original Mortgage
$960,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2020
Sold by
Rufe John H and John H Rufe Sr Trust
Bought by
Rufe Elizabeth

Purchase Details

Closed on
Sep 25, 2017
Sold by
Wolk Susan Stein
Bought by
Rufe John H and John H Rufe Sr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Nachman Jeffrey $1,200,000 Surety Title
Rufe Elizabeth -- None Available
Rufe John H $630,000 Surety Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nachman Jeffrey $960,000
Previous Owner Rufe John H $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,200,000 +20.0% $418 / Sq Ft
03/01/2022 03/01/22 For Sale $1,000,000 -16.7% $348 / Sq Ft
02/05/2022 02/05/22 Off Market $1,200,000 -- --
01/27/2022 01/27/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,000,000 -- $348 / 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 $22,268 $814,800 $342,000 $472,800
2024 $22,268 $814,800 $342,000 $472,800
2023 $20,957 $814,800 $342,000 $472,800
2022 $20,957 $650,400 $342,000 $308,400
2021 $16,832 $650,400 $342,000 $308,400
2020 $17,111 $660,400 $342,000 $318,400
2019 $16,650 $644,100 $342,000 $302,100
2018 $16,966 $644,100 $342,000 $302,100
2017 $17,056 $644,100 $342,000 $302,100
2016 $16,568 $757,900 $517,500 $240,400
2015 $16,416 $757,900 $517,500 $240,400
2014 $15,605 $757,900 $517,500 $240,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 558880

South Jersey Shore Regional MLS

APN: 22-00058-0000-00011-02