NOT LISTED FOR SALE

6925 Winchester Ave Unit 1 Ventnor City, NJ 08406

Estimated Value: $404,000 - $543,311

3 Beds
1.5 Baths
-- Sq Ft
0.5 Acres

Last Sold February 26, 2021

Last sale price $220,000

Est. 119% increase in value since last sale

Current estimated payment $3,057/month

Highlights

  • Wood Flooring
  • Outdoor Community Showers
  • Central Air
  • Ground Level Unit
  • Entrance Foyer
  • Ceiling Fan

About This Home

As of February 2021

3 Bedroom Condo located 2 short blocks to the beach. Prime location in Ventnor within walking distance to local eateries and only a few blocks from Margate! Bring a little vision to the property..... open the foyer wall into the living room for a great open feel or even extend the front porch to the side for more outdoor living area. This property is prices to allow some updating! Great Opportunity!!!

Last Agent to Sell the Property

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate Listed on: 10/07/2020

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Donna Palazzo-Burnside

BALSLEY/LOSCO-VENTNOR

BALSLEY/LOSCO-VENTNOR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1948

Lot Details

  • 0.5

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,095

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 10/07/2020
  • Year Built: 1948
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Foyer, Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Feb 26, 2021
Sold by
Friedman Michael and Friedman Shirlee
Bought by
Panzarella Anthony P and Panzarella Marcela
Seller's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Current Estimated Value
$482,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,578
Avg. Annual Appreciation
18.71%
Original Mortgage
$198,000
Outstanding Balance
$177,984
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$304,594
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
Panzarella Anthony P $220,000 Agents Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzarella Anthony P $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $220,000 -4.3% --
12/08/2020 12/08/20 Pending -- -- --
11/12/2020 11/12/20 Price Changed $230,000 -2.1% --
10/09/2020 10/09/20 Price Changed $235,000 -2.1% --
10/07/2020 10/07/20 For Sale $240,000 -- --
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 $6,095 $223,000 $114,300 $108,700
2024 $6,095 $223,000 $114,300 $108,700
2023 $5,736 $223,000 $114,300 $108,700
2022 $5,736 $223,000 $114,300 $108,700
2021 $5,771 $223,000 $114,300 $108,700
2020 $5,778 $223,000 $114,300 $108,700
2019 $5,765 $223,000 $114,300 $108,700
2018 $5,874 $223,000 $114,300 $108,700
2017 $5,905 $223,000 $114,300 $108,700
2016 $5,576 $255,100 $170,000 $85,100
2015 $5,963 $275,300 $174,300 $101,000
2014 -- $275,300 $174,300 $101,000
Source: Public Records

Agents Affiliated with this Home

  • Anthony Marotta

    Seller's Agent in 2021

    Anthony Marotta

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 412-6668

    107 in this area

    159 Total Sales

    Anthony Marotta
    Section Image
  • Donna Palazzo-Burnside

    Buyer's Agent in 2021

    Donna Palazzo-Burnside

    BALSLEY/LOSCO-VENTNOR

    (609) 412-6917

    17 in this area

    48 Total Sales

    Donna Palazzo-Burnside
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543217

South Jersey Shore Regional MLS

APN: 22-00182-0000-00002-0000-C0001

New Jersey Atlantic County Ventnor City 08406

6925 Winchester Ave Unit 1, Ventnor City, NJ

This home is located at 6925 Winchester Ave Unit 1, Ventnor City, NJ 08406 since 07 October 2020 and is currently estimated at $482,578. This property was built in 1948. 6925 Winchester Ave Unit 1 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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