NOT LISTED FOR SALE

5000 Boardwalk #1107 Unit 1107 Ventnor, NJ 08406

Estimated Value: $377,586 - $434,000

1 Bed
1 Bath
-- Sq Ft
8,799 Sq Ft Lot

Last Sold March 21, 2023

Last sale price $312,000

Est. 29% increase in value since last sale

Current estimated payment $2,494/month

24 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Furnished
  • Building is beachfront but unit may not have water views
  • Deck
  • Community Pool

About This Home

As of March 2023

NEW PRICE!!! This is a unique mini-1 bedroom immaculate apartment. It’s an efficiency with a small room attached being used as a bedroom with a queen sized bed. There are only 3 like it in the bldg. It’s absolutely adorable. The renovated bathroom has a beautiful vanity, a tub and a large shower. Building offers 24 hr Security, beautiful pool and pool area, work-out room, party room and lots more! Valet parking is available for an additional $975/year. Being sold beautifully furnished!

Last Agent to Sell the Property

Ronnie Alper

BHHS FOX and ROACH-Margate Listed on: 01/26/2023

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Sherri Lilienfeld

eXp Realty - Montclair

eXp Realty - Montclair

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

Lot Details

  • 8,799

Interior Spaces

  • Furnished
  • Dining Area
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, hot water, air conditioning, heat, cable, pool
  • 5000 Boardwalk Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Year Built: 1960
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Patio, Pool, Security

Utilities

  • Air Conditioner: Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Air Conditioning, Heat, Cable, Pool
  • Condo Name: 5000 Boardwalk
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 21, 2023
Sold by
Demaio Anthony and Demaio Cynthia
Bought by
Scarcia Susan
Seller's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
Buyer's Agent
Sherri Lilienfeld
eXp Realty - Montclair
List Price
$359,000
Sold Price
$312,000
Premium/Discount to List
-$47,000
-13.09%
Views
80
Current Estimated Value
$402,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,897
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Dec 14, 2020
Sold by
Robin Gary and Robin Maxine
Bought by
Demaio Cynthia and Demaio Anthony

Purchase Details

Closed on
Feb 2, 2007
Sold by
Molish Ian
Bought by
Robin Gary and Robin Maxine

Purchase Details

Closed on
Sep 12, 2005
Sold by
Molish Ian
Bought by
Ian Molish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Molish Ian S and Reale Joseph P
Bought by
Molish Ian S and Reale Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Love Norman and Love Lenora
Bought by
Molish Ian S and Reale Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.2%

Purchase Details

Closed on
Dec 13, 1995
Sold by
Midlantic Bank Na
Bought by
Robbins Saul and Robbins Reina S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Scarcia Susan $312,000 Westcor Land Title
Demaio Cynthia $210,000 None Available
Robin Gary $275,000 --
Ian Molish -- --
Molish Ian S -- Surety Title Corporation
Molish Ian S $86,000 --
Robbins Saul $65,520 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ian Molish $108,000
Previous Owner Molish Ian S $83,000
Previous Owner Molish Ian S $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Sold $312,000 -2.2% --
02/19/2023 02/19/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $319,000 -11.1% --
01/26/2023 01/26/23 For Sale $359,000 -- --
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 $4,504 $164,800 $85,000 $79,800
2024 $4,504 $164,800 $85,000 $79,800
2023 $3,781 $147,000 $85,000 $62,000
2022 $3,781 $147,000 $85,000 $62,000
2021 $3,804 $147,000 $85,000 $62,000
2020 $3,809 $147,000 $85,000 $62,000
2019 $3,800 $147,000 $85,000 $62,000
2018 $3,872 $147,000 $85,000 $62,000
2017 $4,004 $151,200 $85,000 $66,200
2016 $3,863 $176,700 $140,000 $36,700
2015 $3,827 $176,700 $140,000 $36,700
2014 $4,266 $207,200 $140,000 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570650

South Jersey Shore Regional MLS

APN: 22-00005-0000-00001-0000-C1107