NOT LISTED FOR SALE

5000 Boardwalk #315 Unit 315 Ventnor, NJ 08406

Estimated Value: $949,502 - $1,108,000

2 Beds
2 Baths
-- Sq Ft
0.5 Acres

Last Sold February 14, 2020

Last sale price $685,000

Est. 49% increase in value since last sale

Current estimated payment $6,583/month

113 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • End Unit
  • Building is beachfront but unit may not have water views
  • Deck
  • Community Pool

About This Home

As of February 2020

Relish the roominess in this lovingly cared for 2BR, 2 bath apartment with breathtaking views. The meticulously maintained apt. has an open floor plan , a family sized living room, a beautiful kitchen, and two expansive bedrooms and baths. Terrific closet space. The popular "5000 Boardwalk" building boasts of a fabulous pool and pool area, work-out room, 24 hr. Security, Valet parking, a cozy clubroom and lots more.

Last Agent to Sell the Property

Ronnie Alper

BHHS FOX and ROACH-Margate Listed on: 10/11/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

MyraL Cutler

FARLEY and FERRY REALTY, INC License #SP-8739089

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,867

Year Built

  • Built in 1960

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front
  • End Unit

Parking

  • 1 Car Detached Garage

Property Views

  • Water
  • Pool

Home Design

  • Brick Exterior Construction

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Dining Area
  • Deck

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, trash, heat
  • 5000 Boardwalk Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,867

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 10/12/2019
  • Year Built: 1960
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: End Unit, Pool View, 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: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Bulkheaded, Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Patio, Pool, Security

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Garage: One Car, Detached Garage
  • Parking Exterior: One Car

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, Trash, Heat
  • Condo Name: 5000 Boardwalk
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Bulkheaded, Ocean Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Sussman Jason
Bought by
Kerstein Gary and Klein Kerstein Marla
Current Estimated Value
$1,023,626

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 12, 2020
Sold by
Block Eugene and Block Cecilie
Bought by
Sussman Jason
Seller's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
Buyer's Agent
MyraL Cutler
FARLEY and FERRY REALTY, INC
List Price
$765,000
Sold Price
$685,000
Premium/Discount to List
-$80,000
-10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
May 15, 2006
Sold by
Nappen Robert
Bought by
Block Eugene and Block Cecilie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1995
Sold by
The Asbell Klinghoffer Ltd Partnership
Bought by
Bloom Steven

Purchase Details

Closed on
Sep 16, 1991
Sold by
Zisman Simon
Bought by
Zisman Simon and Zisman Sylvia
Source: Public Records

Range of Values:

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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
Kerstein Gary $665,000 None Available
Sussman Jason $685,000 City Abstract
Block Eugene $900,000 --
Bloom Steven $405,000 --
Zisman Simon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Block Eugene $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $685,000 -10.5% --
02/01/2020 02/01/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $765,000 -- --
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 $13,867 $507,400 $365,000 $142,400
2024 $13,867 $507,400 $365,000 $142,400
2023 $13,050 $507,400 $365,000 $142,400
2022 $13,050 $507,400 $365,000 $142,400
2021 $13,132 $507,400 $365,000 $142,400
2020 $13,147 $507,400 $365,000 $142,400
2019 $13,116 $507,400 $365,000 $142,400
2018 $13,365 $507,400 $365,000 $142,400
2017 $13,436 $507,400 $365,000 $142,400
2016 $12,242 $560,000 $450,000 $110,000
2015 $12,130 $560,000 $450,000 $110,000
2014 $11,530 $560,000 $450,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Alper

    Seller's Agent in 2020

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    8 in this area

    49 Total Sales

    Ronnie Alper
    Section Image

  • M

    Buyer's Agent in 2020

    MyraL Cutler

    FARLEY and FERRY REALTY, INC

    19 in this area

    20 Total Sales

    MyraL Cutler
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529255

South Jersey Shore Regional MLS

APN: 22-00005-0000-00001-0000-C0315

New Jersey Atlantic County Ventnor 08406

5000 Boardwalk #315 Unit 315, Ventnor, NJ

This home is located at 5000 Boardwalk #315 Unit 315, Ventnor, NJ 08406 since 11 October 2019 and is currently estimated at $1,023,626. This property was built in 1960. 5000 Boardwalk #315 Unit 315 is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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