NOT LISTED FOR SALE

7505 Ventnor Ave Margate City, NJ 08402

Estimated Value: $1,231,000 - $1,477,000

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

Last Sold October 04, 2024

Last sale price $1,220,000

Est. 12% increase in value since last sale

Current estimated payment $7,923/month

54 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • William H. Ross III Intermediate School Rated A-
  • Great Room
  • 1 Car Detached Garage

About This Home

As of October 2024

NO MORE SHOWINGS!! FIRST BLOCK NORTH, MOVE-IN CONDITION MARVEN GARDEN'S HOME!! Incredible location close to everything!! This is the perfect beach house. Indulge in the epitome of comfort and luxury with this custom Spanish-style villa in the coveted Marven Gardens neighborhood. Every detail of this coastal retreat has been meticulously curated to create an unparalleled living experience. Hardwood and tile flooring throughout with bonus heated floors on the first floor! The first floor also boasts a magnificent double-sided gas fireplace and a large open living space with two living areas and a full dining room. Flooded with natural light from an abundance of windows, every corner of this home feels bright and airy, offering a seamless connection to the surrounding beauty of the beach. 2nd floor master balcony with beautiful views of the area down Ventnor Ave. Driveway parking (no annoying shared driveway here!) and a one-car garage, convenience is at your fingertips, ensuring effortless living in this idyllic seaside retreat. TWO BLOCKS TO THE BEACH!! CALL TODAY!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 05/05/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Dana Hartman

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Lot Details

  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Crawl Space
  • Burglar Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Overview

  • Marven Gardens Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Security System, Storage, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • 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, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Stucco

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 45x89 IRR
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
Oct 9, 2024
Sold by
Perlman Louise
Bought by
7505 Ventnor Trust
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$1,199,000
Sold Price
$1,220,000
Premium/Discount to List
$21,000
1.75%
Views
71
Current Estimated Value
$1,366,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,352
Avg. Annual Appreciation
10.08%
Original Mortgage
$400,000
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1995
Sold by
Perlman Michael and Perlman Louise
Bought by
Perlman Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7505 Ventnor Trust $1,220,000 Trident Land Transfer
Perlman Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7505 Ventnor Trust $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $1,220,000 +1.8% --
06/28/2024 06/28/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,199,000 0.0% --
06/07/2024 06/07/24 Price Changed $1,199,000 -14.3% --
05/23/2024 05/23/24 Pending -- -- --
05/05/2024 05/05/24 For Sale $1,399,000 -- --
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 $8,829 $516,900 $317,500 $199,400
2024 $8,829 $516,900 $317,500 $199,400
2023 $8,157 $516,900 $317,500 $199,400
2022 $8,157 $516,900 $317,500 $199,400
2021 $8,043 $516,900 $317,500 $199,400
2020 $8,002 $516,900 $317,500 $199,400
2019 $7,971 $516,900 $317,500 $199,400
2018 $8,079 $516,900 $317,500 $199,400
2017 $8,089 $516,900 $317,500 $199,400
2016 $7,816 $516,900 $317,500 $199,400
2015 $7,691 $516,900 $317,500 $199,400
2014 $7,547 $516,900 $317,500 $199,400
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2024

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    239 in this area

    724 Total Sales

    Paula Hartman
    Section Image
  • Dana Hartman

    Seller Co-Listing Agent in 2024

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    101 in this area

    194 Total Sales

    Dana Hartman
    Section Image
  • Brian Hiltner

    Buyer's Agent in 2024

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    85 in this area

    133 Total Sales

    Brian Hiltner
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 584897

South Jersey Shore Regional MLS

APN: 16-00201-03-00046

New Jersey Atlantic County Margate City 08402

7505 Ventnor Ave, Margate City, NJ

Not Listed for Sale

Detached

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