NOT LISTED FOR SALE

9 S Cornwall Ave Ventnor City, NJ 08406

Estimated Value: $1,103,997 - $1,245,000

0.5 Acre
$2,336,998 Price per Acre
21,780 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $820,000

Est. 41% increase in value since last sale

Current estimated payment $7,308/month

35 Days on Market

About This Lot

As of January 2022

Lot is 70 x 125, with an inground pool and carriage house in rear. Adjacent to house for sale at 15 S Cornwall MLS # 557205

Last Agent to Sell the Property

ANNA MARIA SABATINI HUMPHREY

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #0337896 Listed on: 11/05/2021

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Mark Seubert

Soleil Sotheby's International Realty-B License #0336154

Soleil Sotheby's International Realty-B

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,752

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 70x125

Property Details

Property Type

Land

Est. Annual Taxes

$11,752

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 6,001 To 10,000 Sqft
  • Estate: Yes
  • Lvt Date: 11/05/2021
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Electric, Sewer, Water

Lot Info

  • Lot Dimensions: 70x125
  • Number Of Acres: 0.5
  • Number Of Lots: One
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 31, 2022
Sold by
Clare Sabatini Revocable Trust
Bought by
Gerber Ira L and Gerber Laurle A
Seller's Agent
ANNA MARIA SABATINI HUMPHREY
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Mark Seubert
Soleil Sotheby's International Realty-B
List Price
$1,000,000
Sold Price
$820,000
Premium/Discount to List
-$180,000
-18%
Current Estimated Value
$1,155,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,806
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Dec 20, 2018
Sold by
Sabatini Vincent and Sabatini Vincent
Bought by
The Clare Sabatini Revocable Trust
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
Gerber Ira L $820,000 Surety Title
The Clare Sabatini Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Ira L $1,771,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $820,000 -18.0% --
12/10/2021 12/10/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $1,000,000 -- --
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
2024 $11,752 $430,000 $430,000 $0
2023 $11,677 $430,000 $430,000 $0
2022 $11,677 $454,000 $430,000 $24,000
2021 $11,750 $454,000 $430,000 $24,000
2020 $11,763 $454,000 $430,000 $24,000
2019 $11,736 $454,000 $430,000 $24,000
2018 $11,958 $454,000 $430,000 $24,000
2017 $12,022 $454,000 $430,000 $24,000
2016 $14,045 $642,500 $630,400 $12,100
2015 $13,917 $642,500 $630,400 $12,100
2014 $13,229 $642,500 $630,400 $12,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557208

South Jersey Shore Regional MLS

APN: 22-00063-0000-00007