NOT LISTED FOR SALE

5707 Monmouth Ave Ventnor City, NJ 08406

Estimated Value: $447,000 - $541,850

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

Last Sold October 31, 2023

Last sale price $400,000

Est. 23% increase in value since last sale

Current estimated payment $3,158/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Den
  • Porch
  • Furnished
  • Breakfast Area or Nook
  • Bungalow

About This Home

As of October 2023

INVESTOR ALERT !! or Great opportunity to live in this charming beach bungalow! Close to the beach, boardwalk, local restaurants, shops, coffee cafe, and ice cream! Use it to rent out or do a combination of both! Presently doing great as an Air b and B!! This home features 3 Bedrooms and 1.5 baths. This home is very well cared for, many updates to mention~ kitchen and bathrooms, new flooring throughout, new roof, new siding, concrete, flood vents, new landscaping, new back steps, new storm door and updated roof which is still in the 1st half of useful life, new TV and new Air conditioner! Don't miss out on this very affordable and FURNISHED Beach home! Make this little cottage gem yours and start living your best beach life!!

Last Agent to Sell the Property

Lori Salvo

LONG and FOSTER REAL ESTATE INC-Longport Listed on: 10/03/2023

LONG and FOSTER REAL ESTATE INC-Longport

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,748

Lot Details

  • Lot Dimensions are 25x75
  • Fenced

Home Design

  • Bungalow

Interior Spaces

  • Furnished
  • Blinds
  • Den
  • Vinyl Flooring
  • Crawl Space
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,748

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Also Includes: Blinds, Furnished
  • Lvt Date: 10/03/2023
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Flooring: Vinyl
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Breakfast Nook, Den/Tv Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard, Porch

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 25x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Oct 30, 2023
Sold by
Guanchez Jean M
Bought by
Hurley Georgina and Hurley Paul
Seller's Agent
Lori Salvo
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
222
Current Estimated Value
$492,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,713
Avg. Annual Appreciation
12.00%
Original Mortgage
$300,000
Outstanding Balance
$295,291
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$197,422

Purchase Details

Listed on
Mar 19, 2023
Closed on
May 10, 2023
Sold by
Hargrove Holly
Bought by
Guanchez Jean M
Seller's Agent
Jacqueline Kilkenny
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Howard Winters
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$380,000
Sold Price
$342,500
Premium/Discount to List
-$37,500
-9.87%
Views
563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.12%
Original Mortgage
$175,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jul 31, 2018
Sold by
Trasfani Karin A and Trasfani Karina A
Bought by
Hargrove Holly
Seller's Agent
Marie McQueen
KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
Buyer's Agent
Andi Sinderbrand
FARLEY and FERRY REALTY, INC
List Price
$178,900
Sold Price
$149,100
Premium/Discount to List
-$29,800
-16.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.00%
Original Mortgage
$141,645
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Trasberini Karin
Bought by
Trasberin Kavin

Purchase Details

Closed on
Oct 21, 1994
Sold by
Schafer Joseph
Bought by
Anaya Karin and Preston Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8.49%
Mortgage Type
FHA
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
Hurley Georgina $400,000 Trident Land Transfer
Guanchez Jean M $342,500 Atlantic Shore Title
Hargrove Holly $149,100 The Title Co Of Jersey
Trasberin Kavin -- Madison Title Agency Llc
Anaya Karin $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Georgina $300,000
Previous Owner Guanchez Jean M $175,000
Previous Owner Hargrove Holly $141,645
Previous Owner Trasferin Karin $3,198
Previous Owner Anaya Karin $90,695
Previous Owner Anaya Karin $90,695
Previous Owner Anaya Karin $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $400,000 +0.3% --
10/03/2023 10/03/23 For Sale $399,000 +16.5% --
05/12/2023 05/12/23 Sold $342,500 -7.4% --
04/21/2023 04/21/23 Price Changed $370,000 -2.6% --
04/20/2023 04/20/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $380,000 0.0% --
04/03/2023 04/03/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $380,000 -5.0% --
03/19/2023 03/19/23 For Sale $400,000 0.0% --
09/10/2022 09/10/22 Rented -- -- --
06/12/2022 06/12/22 Rented $6,000 +242.9% --
06/03/2022 06/03/22 For Rent $1,750 -70.8% --
04/07/2022 04/07/22 Price Changed $6,000 -14.3% $5 / Sq Ft
03/21/2022 03/21/22 Price Changed $7,000 -12.5% $6 / Sq Ft
12/06/2021 12/06/21 For Rent $8,000 +23.1% --
07/01/2021 07/01/21 Rented -- -- --
01/28/2021 01/28/21 For Rent $6,500 +409.8% --
11/10/2018 11/10/18 Rented -- -- --
10/19/2018 10/19/18 Price Changed $1,275 -5.6% --
10/08/2018 10/08/18 Price Changed $1,350 +3.8% --
10/05/2018 10/05/18 For Rent $1,300 0.0% --
07/31/2018 07/31/18 Sold $149,100 +1.5% --
06/20/2018 06/20/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $146,900 -0.7% --
03/10/2018 03/10/18 Price Changed $147,900 -17.3% --
03/01/2018 03/01/18 For Sale $178,900 -- --
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 $5,748 $210,300 $67,500 $142,800
2024 $5,748 $210,300 $67,500 $142,800
2023 $3,940 $153,200 $67,500 $85,700
2022 $3,940 $153,200 $67,500 $85,700
2021 $3,965 $153,200 $67,500 $85,700
2020 $3,969 $153,200 $67,500 $85,700
2019 $4,428 $171,300 $67,500 $103,800
2018 $4,512 $171,300 $67,500 $103,800
2017 $4,536 $171,300 $67,500 $103,800
2016 $4,722 $216,000 $150,000 $66,000
2015 $4,679 $216,000 $150,000 $66,000
2014 $4,447 $216,000 $150,000 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 578405

South Jersey Shore Regional MLS

APN: 22-00202-0000-00027