NOT LISTED FOR SALE

7805 Ventnor Ave Margate City, NJ 08402

0.08 Acre
-- Price per Acre
3,600 Sq Ft Lot

Last Sold May 13, 2016

Last sale price $330,000

About This Lot

As of May 2016

Vacant lot as is.

Last Agent to Sell the Property

Paul Neal

(856) 498-9736 pfnsells@yahoo.com RE/MAX Preferred - Sewell Listed on: 01/28/2016

RE/MAX Preferred - Sewell

Last Buyer's Agent

Paul Neal

(856) 498-9736 pfnsells@yahoo.com RE/MAX Preferred - Sewell Listed on: 01/28/2016

RE/MAX Preferred - Sewell

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,632

Lot Details

  • 3,600 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 16-00111 01-00012

Property Details

Property Type

Land

Est. Annual Taxes

$6,632

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: 12
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 76.39

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 45X80, LotWidth:45 X LotDepth:80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3407032
  • Tax Annual Amount: 6632.00
  • Assessor Parcel Number: 16-00111 01-00012
  • Tax Lot: 00012
  • Tax Year: 2016

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2011
Sold by
Casaba Real Estate Holding Corp
Bought by
7805 Ventnor Avenue Holdings Llc

Purchase Details

Closed on
Sep 9, 2010
Sold by
Cape Bank
Bought by
Casaba Real Estate Holding Corp

Purchase Details

Closed on
Aug 31, 2010
Sold by
Steamers 7805 Llc
Bought by
Cape Bank

Purchase Details

Closed on
May 9, 2007
Sold by
Stumpos Margate Llc
Bought by
Steamers 7805 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2003
Sold by
Rmhg Llc
Bought by
Stumpos Margate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 1998
Sold by
Glenning Company Llc
Bought by
Rmhg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1995
Sold by
Whc Seven Real Estate Ltd Partnership
Bought by
Woods Landing Llc

Purchase Details

Closed on
May 19, 1995
Sold by
Mazzola Larry and Fanelli Joseph
Bought by
Glenning Company Llc
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
7805 Ventnor Avenue Holdings Llc $275,000 Foundation Title Llc
Casaba Real Estate Holding Corp -- Fidelity Title Abstract Co
Cape Bank -- Fidelity Title Abstract Co
Steamers 7805 Llc $900,000 Commonwealth Land Title Insu
Stumpos Margate Llc $800,000 The Title Company Of Jersey
Rmhg Llc $525,000 The Title Company
Woods Landing Llc $678,150 --
Glenning Company Llc $630,000 Congress Title Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steamers 7805 Llc $1,300,000
Previous Owner Stumpos Margate Llc $1,500,000
Previous Owner Rmhg Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $330,000 +20.0% --
01/28/2016 01/28/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $275,000 -- --
Source: Bright 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 $14,311 $837,900 $474,800 $363,100
2024 $14,311 $837,900 $474,800 $363,100
2023 $13,222 $837,900 $474,800 $363,100
2022 $13,222 $837,900 $474,800 $363,100
2021 $13,038 $837,900 $474,800 $363,100
2020 $12,971 $837,900 $474,800 $363,100
2019 $12,920 $837,900 $474,800 $363,100
2018 $13,096 $837,900 $474,800 $363,100
2017 $13,113 $837,900 $474,800 $363,100
2016 $12,669 $837,900 $474,800 $363,100
2015 $12,468 $837,900 $474,800 $363,100
2014 $12,233 $837,900 $474,800 $363,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003943683

Bright MLS

APN: 16-00205-02-00005