NOT LISTED FOR SALE

7 S Fredericksburg Ave Ventnor City, NJ 08406

Estimated Value: $1,044,000 - $1,558,000

4 Beds
2.5 Baths
-- Sq Ft
2,919 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $470,000

Est. 185% increase in value since last sale

Current estimated payment $8,735/month

15 Days on Market

Highlights

  • Deck
  • Den
  • Porch
  • Wood Under Carpet
  • Breakfast Area or Nook
  • Laundry Room

About This Home

As of August 2020

Located on the sunny-side of the street, just 2 blocks from the beach, sits this expansive 4 bedroom 2.5 bath Southside home. Spacious and bright defines this property with an open layout boasting high ceilings, a large front sunroom, huge living room, and dining room. The expansive living room features a beautiful brick fireplace and flows right into the sun-filled generously sized dining room. Adjacent to the dining room is the spacious eat-in kitchen, which includes a large bay window, and tons of counter space & storage. Off the kitchen you will find a powder room, an entrance to the backyard and stairs down to the full semi-finished basement where the washer & dryer can also be found. On the 2nd floor you will find four large bedrooms and two full baths, including a master bedroom suite with a private full bath. Exterior highlights include a covered front porch, expansive backyard/patio, enclosed outdoor shower, detached one car garage, and driveway that fits up to 3-4 cars! Additionally, there is space to add a second floor deck off the fourth bedroom. Located on the border of Margate and Ventnor and in walking distance to many great restaurants and shops, this home offers the perfect location for endless summer fun!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 06/18/2020

NEW ERA REAL ESTATE-B

Last Buyer's Agent

DARLENE RUMBAS

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,442

Lot Details

  • Lot Dimensions are 39' x 75'

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Storage In Attic

Kitchen

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

Flooring

  • Wood Under Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Finished Basement

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

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Zoned Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,442

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains, Fireplace Equipment
  • Lvt Date: 06/18/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Vinyl, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Masonry Floor/Wall, Outside Entrance, Plumbing
  • 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: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Multi-Zoned, Wall Units
  • Heating: Baseboard, Gas-Natural, Hot Water, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 39' X 75'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
7Sfredericksburg Llc
Bought by
Proietto Joseph and Proietto Anna
Current Estimated Value
$1,338,796

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 14, 2020
Sold by
Ranieri Janice Gallo
Bought by
7Sfredericksburg Llc
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
DARLENE RUMBAS
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.98%
Original Mortgage
$425,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2012
Sold by
Gallo Joseph P
Bought by
Ranieri Janice Gallo

Purchase Details

Closed on
Jan 19, 2011
Sold by
Gallo Joseph
Bought by
Gallo Joseph P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Proietto Joseph $849,000 None Listed On Document
7Sfredericksburg Llc $470,000 Lloyds & Hawdson Title Agcy
Ranieri Janice Gallo -- None Available
Gallo Joseph P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7Sfredericksburg Llc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $470,000 -1.1% --
07/03/2020 07/03/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $475,000 -- --
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 $17,442 $638,200 $275,500 $362,700
2024 $17,442 $638,200 $275,500 $362,700
2023 $16,415 $638,200 $275,500 $362,700
2022 $11,597 $450,900 $275,500 $175,400
2021 $11,669 $450,900 $275,500 $175,400
2020 $11,683 $450,900 $275,500 $175,400
2019 $11,656 $450,900 $275,500 $175,400
2018 $11,877 $450,900 $275,500 $175,400
2017 $11,940 $450,900 $275,500 $175,400
2016 $11,477 $525,000 $450,000 $75,000
2015 $11,372 $525,000 $450,000 $75,000
2014 $10,810 $525,000 $450,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 538163

South Jersey Shore Regional MLS

APN: 22-00086-0000-00013