NOT LISTED FOR SALE

5703 Monmouth Ave Ventnor City, NJ 08406

Estimated Value: $398,000 - $494,000

2 Beds
1.5 Baths
-- Sq Ft
1,873 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $145,000

Est. 204% increase in value since last sale

Current estimated payment $2,734/month

89 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Ranch Style House
  • Den
  • Bathroom on Main Level

About This Home

As of May 2018

Summer or Year-Round – Come tour this Charming, Meticulous, and Move-in Ready 2 Bedroom, 1.5 Bath home, which also features a large Family Room that could be used as a 3rd bedroom with a private half bath. There is Hardwood & Tile Flooring throughout. Double doors lead to a spacious back deck for entertaining and there is a large Front Porch. The interior is freshly painted throughout. The house also features a brand-new Roof. The house is ideally situated and is close to restaurants, shopping, the Beach, and Ventnor's wonderful Boardwalk and Playground..

Last Agent to Sell the Property

Donna Palazzo-Burnside

BALSLEY/LOSCO-VENTNOR Listed on: 01/15/2018

BALSLEY/LOSCO-VENTNOR

Last Buyer's Agent

Emily Christian

FARLEY and FERRY REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1940

Lot Details

  • 1,873

Home Design

  • Ranch Style House

Interior Spaces

  • Dining Room
  • Den
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Lot Dimensions are 25 x 75
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 01/16/2018
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Tile, Wood
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Crawl Space
  • 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 Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Porch

Utilities

  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 25 X 75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 1, 2018
Sold by
Seashore Holdings Llc
Bought by
Silverman David and Ravetz Pamela
Seller's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
Emily Christian
FARLEY and FERRY REALTY, INC
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$441,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,169
Avg. Annual Appreciation
16.47%
Original Mortgage
$116,000
Outstanding Balance
$100,531
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$340,638

Purchase Details

Closed on
Aug 11, 2006
Sold by
Adinolfi Frank
Bought by
Seashore Holdings Llc

Purchase Details

Closed on
Aug 22, 2003
Sold by
Fennimore Gregory
Bought by
Adinolfi Frank and Adinolfi Lynn

Purchase Details

Closed on
Apr 15, 2002
Sold by
Fennimore Gregory
Bought by
Fennimore Gregory and Fennimore Betty

Purchase Details

Closed on
May 29, 1998
Sold by
Brown Sara A and Brown Charles F
Bought by
Fennimore Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,767
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1997
Sold by
Brown Charles F and Brown Sara A
Bought by
Brown Sara A
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
Silverman David $145,000 Surety Title Co
Seashore Holdings Llc $245,000 --
Adinolfi Frank $159,000 --
Adinolfi Frank J $159,000 The Title Company Of Jersey
Fennimore Gregory -- --
Fennimore Gregory $77,000 --
Brown Sara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman David $116,000
Previous Owner Fennimore Gregory $100,000
Previous Owner Fennimore Gregory $12,000
Previous Owner Fennimore Gregory $75,767
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $145,000 -9.3% --
04/14/2018 04/14/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $159,900 0.0% --
10/01/2014 10/01/14 Rented -- -- --
09/01/2014 09/01/14 Under Contract -- -- --
07/01/2014 07/01/14 For Rent -- -- --
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 $4,020 $147,100 $67,500 $79,600
2024 $4,020 $147,100 $67,500 $79,600
2023 $3,783 $147,100 $67,500 $79,600
2022 $3,783 $147,100 $67,500 $79,600
2021 $3,807 $147,100 $67,500 $79,600
2020 $3,811 $147,100 $67,500 $79,600
2019 $3,803 $147,100 $67,500 $79,600
2018 $3,875 $147,100 $67,500 $79,600
2017 $3,895 $147,100 $67,500 $79,600
2016 $3,563 $163,000 $140,000 $23,000
2015 $3,531 $163,000 $140,000 $23,000
2014 $3,356 $163,000 $140,000 $23,000
Source: Public Records

Agents Affiliated with this Home

  • Donna Palazzo-Burnside

    Seller's Agent in 2018

    Donna Palazzo-Burnside

    BALSLEY/LOSCO-VENTNOR

    (609) 412-6917

    17 in this area

    48 Total Sales

    Donna Palazzo-Burnside
    Section Image
  • Emily Christian

    Buyer's Agent in 2018

    Emily Christian

    FARLEY and FERRY REALTY, INC

    (609) 703-3415

    3 in this area

    28 Total Sales

    Emily Christian
    Section Image
  • Tina Lobiondo

    Seller's Agent in 2014

    Tina Lobiondo

    FARLEY and FERRY REALTY, INC

    (609) 501-3211

    8 in this area

    27 Total Sales

    Tina Lobiondo
    Section Image

  • E

    Seller Co-Listing Agent in 2014

    Erin Charles

    BHHS Fox & Roach

    (609) 365-0130

    1 Total Sale

    Erin Charles
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 499350

South Jersey Shore Regional MLS

APN: 22-00202-0000-00026

New Jersey Atlantic County Ventnor City 08406

5703 Monmouth Ave, Ventnor City, NJ

This home is located at 5703 Monmouth Ave, Ventnor City, NJ 08406 since 15 January 2018 and is currently estimated at $441,169. This property was built in 1940. 5703 Monmouth 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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