NOT LISTED FOR SALE

5 Ocean Ave Unit 14A Belmar, NJ 07719

Estimated Value: $533,000 - $600,000

1 Bed
1 Bath
594 Sq Ft
$206/mo HOA Fee

Last Sold October 12, 2016

Last sale price $349,000 $588 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,602/month

14 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • End Unit
  • Ocean View
  • Deck
  • Air Conditioning

About This Home

As of October 2016

1. BRAND NEW - Entire condo was renovated. Turn-key. Nothing to do but unpack. 2. LOCATION - North Belmar, just a stone's throw from Avon. Beach & Boardwalk just steps away. Beautiful ocean views from your private deck as well as from a common second floor vantage point. 3. PRIVACY. Deck faces 1st Avenue with views toward Ocean as well - Enjoy more privacy and tranquility with this ideal south-east location. ''Northwind'' is a beautifully maintained and secure building offering an ideal oceanfront setting with very little maintenance. Unit features assigned parking, common laundry facilities, extra storage, and is pet-friendly. Low taxes and low maintenance fees make this a sound investment. Condos like this rarely come on the market, and in this condition, don't last.

Last Agent to Sell the Property

Patrick Butera

RE/MAX Paradigm Realty Group Listed on: 07/12/2016

Last Buyer's Agent

Danielle Coyle

C21/ Shore Point Realty

C21/ Shore Point Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1988

Lot Details

  • Beach Front
  • End Unit
  • Landscaped

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 594 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Sliding Doors
  • Living Room
  • Ocean Views

Kitchen

  • Portable Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • Belmar Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Additional Features

  • Deck
  • Lower Level

Listing and Financial Details

  • Exclusions: personal items
  • Assessor Parcel Number 07-00002-0000-00003-0000-C014a

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include exterior maint, lawn maintenance
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,406

Year Built

Built in 1988

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • Reso Association Amenities: Common Laundry, Association, Common Access, Landscaping
  • Reso Association Fee Includes: Exterior Maint, Lawn Maintenance
  • Inclusions: AC Units, Ceiling Fan(s), Counter Top Range, Dishwasher, Light Fixtures, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Lower Level, End Unit
  • Reso Interior Features: Sliding Door
  • Property Attached Yn: Yes
  • Year Built: 1988
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: x
  • Location Middle School: Belmar
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Style End Unit: Yes
  • Included Counter Top Range: Yes
  • Water Type Beachfront: Yes
  • Common Elements Common Laundry: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront, Oceanview
  • Waterfront: Yes
  • Exclusions: personal items
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 205.6
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: x
  • Parcel #: 07-00002-0000-00003-0000-C014a

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3406.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Oct 24, 2016
Sold by
Deluca John
Bought by
Bruno Karen and Prescott David
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Danielle Coyle
C21/ Shore Point Realty
Sold Price
$349,000
Total Days on Market
14
Current Estimated Value
$563,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,778
Avg. Annual Appreciation
5.67%
Interest Rate
3.52%

Purchase Details

Closed on
Feb 5, 2014
Sold by
Deluca John and Memoli Lisa A
Bought by
Deluca John

Purchase Details

Closed on
Mar 14, 2011
Sold by
Deluca John
Bought by
Deluca John and Memoli Lisa A

Purchase Details

Closed on
Apr 22, 1999
Sold by
Allen Alfred
Bought by
Deluca John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.02%
Source: Public Records

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Range of Values:

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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
Bruno Karen $349,000 --
Deluca John -- None Available
Deluca John -- None Available
Deluca John $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bruno Karen --
Previous Owner Deluca John $325,000
Previous Owner Deluca John $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $349,000 -- $588 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,852 $345,100 $270,000 $75,100
2023 $4,852 $345,100 $270,000 $75,100
2022 $4,683 $345,100 $270,000 $75,100
2021 $4,642 $345,100 $270,000 $75,100
2020 $4,642 $345,100 $270,000 $75,100
2019 $4,642 $345,100 $270,000 $75,100
2018 $4,262 $345,100 $270,000 $75,100
2017 $4,158 $345,100 $270,000 $75,100
2016 $3,392 $177,500 $90,000 $87,500
2015 $3,406 $177,500 $90,000 $87,500
2014 $3,435 $177,500 $90,000 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21627573

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00002-0000-00003-0000-C014A