NOT LISTED FOR SALE

Estimated Value: $356,000 - $415,000

1 Bed
1.5 Baths
-- Sq Ft
7,231 Sq Ft Lot

Last Sold June 24, 2022

Last sale price $312,500

Est. 21% increase in value since last sale

Current estimated payment $2,482/month

14 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Security Service
  • Clubhouse
  • Elevator
  • Central Air

About This Home

As of June 2022

Luxury & class located in the highly desired 5000 Boardwalk building located off the fabulous Ventnor boardwalk. All new, remodeled 1 bedroom unit - taken down to the studs! New kitchen, new appliances, new floors and upgraded bathroom it feels like just a hotel suite. Large balcony that allows for amazing views of both the ocean and AC skyline, 24 hour security, top notch amenities, valet or covered parking available for an extra fee. It's a perfect retreat!

Last Agent to Sell the Property

MyraL Cutler

FARLEY and FERRY REALTY, INC License #SP-8739089 Listed on: 05/20/2022

Last Buyer's Agent

Jacqueline Kilkenny

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #1326824

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,152

Lot Details

  • 7,231

Property Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Cable TV Available

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

  • Elevator

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,152

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 05/20/2022
  • 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, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Elevator, Pool, Security

Utilities

  • Air Conditioner: Central, Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

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: Boardwalk Front

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 24, 2022
Sold by
Ervin Rrokaj
Bought by
Stone Stacy
Seller's Agent
MyraL Cutler
FARLEY and FERRY REALTY, INC
Buyer's Agent
Jacqueline Kilkenny
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$345,000
Sold Price
$312,500
Premium/Discount to List
-$32,500
-9.42%
Current Estimated Value
$376,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,232
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Dec 6, 2021
Sold by
Carole Kessler
Bought by
Nazaj Andi and Rrokaj Ervin

Purchase Details

Closed on
Apr 17, 2006
Sold by
Mungiole Larry
Bought by
Kessler Marc and Kessler Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1999
Sold by
Kelman Glen B and Kelman Faye A
Bought by
Mungiole Larry

Purchase Details

Closed on
Sep 15, 1992
Sold by
Kelman Glenn B
Bought by
Kelman Glenn and Kelman Faye
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
Stone Stacy $312,500 Surety Title
Nazaj Andi $152,500 Abbott John Scott
Kessler Marc $186,000 --
Mungiole Larry $45,000 The Title Company
Kelman Glenn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kessler Marc $148,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $312,500 -9.4% --
06/03/2022 06/03/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $345,000 -- --
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 $5,152 $188,500 $85,000 $103,500
2023 $4,848 $188,500 $85,000 $103,500
2022 $3,655 $142,100 $85,000 $57,100
2021 $3,678 $142,100 $85,000 $57,100
2020 $3,682 $142,100 $85,000 $57,100
2019 $3,673 $142,100 $85,000 $57,100
2018 $3,743 $142,100 $85,000 $57,100
2017 $3,763 $142,100 $85,000 $57,100
2016 $2,907 $133,000 $100,000 $33,000
2015 $3,457 $159,600 $115,100 $44,500
2014 $3,560 $172,900 $115,100 $57,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 563199

South Jersey Shore Regional MLS

APN: 22-00005-0000-00001-0000-C0109