NOT LISTED FOR SALE

5806 Boardwalk Ventnor City, NJ 08406

Estimated Value: $3,438,000 - $4,650,312

7 Beds
5.5 Baths
-- Sq Ft
8,146 Sq Ft Lot

Last Sold October 24, 2016

Last sale price $4,000,000

Est. 2% increase in value since last sale

Current estimated payment $28,494/month

129 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Marble Flooring
  • Building is beachfront but unit may not have water views
  • Multiple Fireplaces
  • 4-minute walk to C Sure Children's Park

About This Home

As of October 2016

One of a kind MAJESTIC residence offers 6,800 sq ft, 7 bedrooms, 5.5 baths, 4 fireplaces, 2 bars, custom tear drop oak staircase, radiant heat floors, over-sized 2 car garage ,2 sets W/D, fenced in yard and so much more. Located in the Prestigious St. Leornard’s Tract, on the boardwalk and designed for panoramic ocean views. Enjoy breathtaking sunrises and the ocean this summer without interruption of beach replenishment. Offered turn key, fully furnished with just a few exclusions. See virtual tour.

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 01/15/2014

BHHS FOX and ROACH-Margate

Last Buyer's Agent

LORRAINE DEVINE

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,712

Lot Details

  • Lot Dimensions are 65 x 125
  • Building is beachfront but unit may not have water views
  • Ocean Front
  • Fenced

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Loft
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Intercom
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

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

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,712

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Shades
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Dryer, Disposal, Dishwasher, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: More Than 1, Built-In, Family Room, Gas Log, Living Room
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Bar, Cathedral Ceiling, Kitchen Center Island, Skylight(s), Security System, Storage, Whirlpool, Walk In Closet
  • Bedrooms: 7
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Upper
  • Family Room: On Level: Main
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Powder Room Level: Upper
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Great Room, Library/Study, Laundry/Utility Room, Loft, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio
  • Siding Exterior: Brick
  • Storm Screens: Combination

Garage/Parking

  • Garage: Attached Garage

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Boardwalk Area, Bulkheaded, Boardwalk Front, Ocean Front
  • Lot Dimensions: 65 X 125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2014
Closed on
Sep 23, 2016
Sold by
Shor Michael and Shor Beth A
Bought by
5806 Boardwalk Llc
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
LORRAINE DEVINE
BHHS FOX and ROACH-Margate
List Price
$4,000,000
Sold Price
$4,000,000
Current Estimated Value
$4,074,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,578
Avg. Annual Appreciation
2.97%
Original Mortgage
$230,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2007
Sold by
Giangiulio Thomas P and Giangiulio Susan B
Bought by
Shor Michael and Shor Beth A

Purchase Details

Closed on
Oct 5, 2005
Sold by
Gallagher Terence
Bought by
Giangiulio Thomas and Giangiulio Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,415,000
Interest Rate
6.06%
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
5806 Boardwalk Llc $4,000,000 First American Title
Shor Michael $4,000,000 Commonwealth Land Title Insu
Giangiulio Thomas $3,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lcp Ventures 7 Llc $1,337,500
Open 5806 Boardwalk Llc $2,415,000
Closed Lcp Ventures 7 Llc $1,337,500
Previous Owner 5806 Boardwalk Llc $230,000
Previous Owner Shor Michael $100,000
Previous Owner Giangiulio Thomas $345,000
Previous Owner Giangiulio Thomas $2,415,000
Previous Owner Giangiulio Thomas $2,000,000
Previous Owner Gallagher Terence J $900,000
Previous Owner Gallagher Terence J $979,500
Previous Owner Gallagher Terence J $990,000
Previous Owner Gallagher Terence J $990,000
Previous Owner Gallagher Terence J $600,000
Previous Owner Gallagher Terence J $291,000
Previous Owner Gallagher Terence J $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $4,000,000 0.0% --
05/24/2014 05/24/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $4,000,000 -- --
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 $83,712 $3,063,000 $1,522,500 $1,540,500
2024 $83,712 $3,063,000 $1,522,500 $1,540,500
2023 $78,780 $3,063,000 $1,522,500 $1,540,500
2022 $78,780 $3,063,000 $1,522,500 $1,540,500
2021 $79,270 $3,063,000 $1,522,500 $1,540,500
2020 $79,362 $3,063,000 $1,522,500 $1,540,500
2019 $79,179 $3,063,000 $1,522,500 $1,540,500
2018 $80,679 $3,063,000 $1,522,500 $1,540,500
2017 $81,108 $3,063,000 $1,522,500 $1,540,500
2016 $58,154 $2,660,300 $1,868,800 $791,500
2015 $57,622 $2,650,300 $1,868,800 $781,500
2014 $54,570 $2,650,300 $1,868,800 $781,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 422777

South Jersey Shore Regional MLS

APN: 22-00017-0000-00001-02