NOT LISTED FOR SALE

7212 Atlantic Ave Ventnor City, NJ 08406

Estimated Value: $1,566,887 - $2,073,000

4 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $715,000

Est. 149% increase in value since last sale

Current estimated payment $10,917/month

67 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Deck
  • Corner Lot
  • Shades

About This Home

As of September 2018

An immaculate seaside cottage with a beautiful slate roof, where classic finishes are met by practical modern upgrades. This south Ventnor, beachblock residence is a true summer retreat. Just six houses off the beach, this property with high elevation NOT in the flood zone, putting it out of harm's reach of even Hurricane Sandy. Pride of ownership shines through this four-bedroom three-bathroom Colonial-style home that's been in the same family since 1941. This house has been meticulously maintained and within the past ten years has undergone costly upgrades including the installation of new vinyl windows, a two-zone central air conditioning system, remolded bath with subway tile and marble, restored vintage kitchen, refinished hardwood floors with inlaid wood, and a new hot water heater. A formal entryway leads to the home's cozy living room adjoined by a finished sun porch with ocean views. On the opposite side of the house, a corner dining room flows into the eat-in kitchen, featuring an eye-catching new farmhouse sink and attractive vintage built-ins with granite. The second floor gives way to four amply sized bedrooms, one with a generous redone deck with soothing ocean views. This home exudes a depth of character that is becoming an increasingly rare find at the shore.

Last Agent to Sell the Property

MATTHEW VASSALLO

Compass Real Estate-Margate Listed on: 05/09/2018

Compass Real Estate-Margate

Last Buyer's Agent

ROBERT TURCHI

LONG and FOSTER REAL ESTATE INC-Longport License #0341899

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,277

Lot Details

  • Lot Dimensions are 50' x 62.5'
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Shades
  • Drapes & Rods
  • Dining Room
  • Storage
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling
  • No Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,277

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Also Includes: Drapes, Shades
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Fenced Yard, Porch, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: No Heating
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Number: 5
  • Location: Corner
  • Lot Dimensions: 50' x 62.5'
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2017
  • Taxes: 18277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Sep 28, 2018
Sold by
Monticelli Mario A and Monticelli Carla Anne
Bought by
Bemak Jesse B
Seller's Agent
MATTHEW VASSALLO
Compass Real Estate-Margate
Buyer's Agent
ROBERT TURCHI
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Current Estimated Value
$1,781,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,066,722
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Jan 23, 2002
Sold by
Monticelli Mario A
Bought by
Monticelli Mario A and Craney Claire Monticelli
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
Bemak Jesse B $715,000 Infinity Title Ag
Monticelli Mario A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $715,000 -4.7% --
07/15/2018 07/15/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $750,000 -- --
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 $18,863 $690,200 $557,700 $132,500
2024 $18,863 $690,200 $557,700 $132,500
2023 $17,752 $690,200 $557,700 $132,500
2022 $17,752 $690,200 $557,700 $132,500
2021 $17,862 $690,200 $557,700 $132,500
2020 $17,883 $690,200 $557,700 $132,500
2019 $17,842 $690,200 $557,700 $132,500
2018 $18,180 $690,200 $557,700 $132,500
2017 $18,277 $690,200 $557,700 $132,500
2016 $17,925 $820,000 $700,000 $120,000
2015 $17,761 $820,000 $700,000 $120,000
2014 $16,884 $820,000 $700,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505299

South Jersey Shore Regional MLS

APN: 22-00042-0000-00005