NOT LISTED FOR SALE

5705 Atlantic Ave Ventnor City, NJ 08406

Estimated Value: $1,856,559 - $1,993,000

5 Beds
4.5 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $800,000

Est. 141% increase in value since last sale

Current estimated payment $12,198/month

13 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • The property is located in a historic district
  • Recreation Room
  • 2-minute walk to C Sure Children's Park

About This Home

As of June 2016

This iconic St. Leonard's Tract home is a "brand new old house"; totally renovated, while retaining and restoring its best architectural details. The home features an huge living room with a fireplace, a spacious dining room and a state of the art custom eat in kitchen, an adjacent breakfast room and a powder room. The second floor boasts four large bedrooms, one of two laundry rooms and two full bathrooms. This level has a massive covered deck featuring panoramic ocean views. The master bedroom suite is very private taking up the entire third floor and includes a spa bath, walk in closet and a private deck with unparalleled ocean views. The garden level living space is one of most appealing features since it is perfect for multi-generation families. This ground level suite includes a living room, two large bedrooms, a large laundry room and one full bathroom. The enchanting backyard is second to none. The yard is fenced and professionally landscaped with a flagstone patio with pergola and if that is not enough there is also 2 car garage with an apartment above that can be used as an in-law suite. The home is situated on an oversized St. Leonard's Tract lot (60'x125') and there is plenty of room for a pool and tons of extra parking.

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 05/12/2016

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,320

Lot Details

  • Lot Dimensions are 60' x 125'
  • Fenced
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Burglar Security System
  • Intercom
  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 3 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Forced Air Zoned Heating and Cooling 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

$21,320

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds, Curtains, Drapes
  • Lvt Date: 05/12/2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Masonry Floor/Wall, Outside Entrance, Plumbing
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Brick, Stucco
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Detached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Historical District, Boardwalk Area, Water View
  • Lot Dimensions: 60' X 125'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 17, 2016
Sold by
Rossi Paul L and Rossi Loretta M
Bought by
Nave Joseph and Nave Andrea Parker
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$1,927,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,127,390
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Levin Joel
Bought by
Rossi Paul and Rossi Loretta

Purchase Details

Closed on
May 24, 1994
Sold by
Felter Rodney Klein
Bought by
Levin Joel and Levin Darlene

Purchase Details

Closed on
Jul 14, 1992
Sold by
Boyd Florence A
Bought by
Kleinfelter Rodney and Kleinfelter Elizabeth
Source: Public Records

Range of Values:

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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
Nave Joseph $800,000 Surety Title
Rossi Paul $995,100 --
Levin Joel $227,000 --
Kleinfelter Rodney $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nave Joseph $100,000
Open Nave Joseph $496,110
Closed Nave Joseph $510,400
Closed Nave Joseph $100,000
Closed Nave Joseph $417,000
Previous Owner Levin Joel J $500,000
Previous Owner Levin Joel J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $800,000 0.0% --
05/25/2016 05/25/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $800,000 -- --
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
2025 $21,320 $780,100 $390,000 $390,100
2024 $21,320 $780,100 $390,000 $390,100
2023 $20,064 $780,100 $390,000 $390,100
2022 $20,064 $780,100 $390,000 $390,100
2021 $20,189 $780,100 $390,000 $390,100
2020 $20,212 $780,100 $390,000 $390,100
2019 $20,166 $780,100 $390,000 $390,100
2018 $20,548 $780,100 $390,000 $390,100
2017 $20,657 $780,100 $390,000 $390,100
2016 $20,542 $939,700 $675,000 $264,700
2015 $20,354 $939,700 $675,000 $264,700
2014 $19,348 $939,700 $675,000 $264,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 467881

South Jersey Shore Regional MLS

APN: 22-00060-0000-00003