NOT LISTED FOR SALE

Estimated Value: $355,827 - $452,000

-- Bed
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 15, 2022

Last sale price $279,000

Est. 45% increase in value since last sale

Current estimated payment $2,629/month

2 Days on Market

Highlights

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

About This Home

As of September 2022

Luxury & class located in the highly desired 5000 Boardwalk building located off the fabulous Ventnor boardwalk. Remodeled unit! New kitchen, new appliances, new floors and upgraded bathroom with a bathtub. 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 year round retreat!

Last Listed By

MyraL Cutler

FARLEY and FERRY REALTY, INC License #SP-8739089 Listed on: 05/18/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,723

Year Built

  • 1960

Lot Details

  • 7,405

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • 1 Full Bathroom

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

$4,723

Year Built

1960

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 05/18/2022
  • 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
  • Year Built (Public Record): 1960

Interior Features

  • Appliances: Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full 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 18, 2022
Closed on
Sep 15, 2022
Sold by
Paget Ronald
Bought by
Shelley M Kaplan Revocable Trust
Seller's Agent
MyraL Cutler
FARLEY and FERRY REALTY, INC
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%
Total Days on Market
2
Current Estimated Value
$403,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,207
Avg. Annual Appreciation
14.97%

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 28, 2020
Sold by
Mb Land Company Ltd Inc
Bought by
Paget Ronald and Paget Carolyn
Seller's Agent
ANNE-MARIE RANDALL
FARLEY and FERRY REALTY, INC
Buyer's Agent
MyraL Cutler
FARLEY and FERRY REALTY, INC
List Price
$169,000
Sold Price
$153,000
Premium/Discount to List
-$16,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.65%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Freed Lillian
Bought by
Mb Land Co Ltd

Purchase Details

Closed on
May 13, 1999
Sold by
Kramer Arnold and Kramer Minerva
Bought by
M B Land Company Ltd

Purchase Details

Closed on
Jul 1, 1993
Sold by
Freed Eugene and Freed Lillian
Bought by
Freed Lillian

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
Shelley M Kaplan Revocable Trust $279,000 The Title Company
Paget Ronald $153,000 City Abstract
Mb Land Co Ltd $117,000 --
M B Land Company Ltd $316,000 Commonwealth Land Title Ins
Freed Lillian -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $279,000 -6.7% --
05/20/2022 05/20/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $299,000 +95.4% --
10/30/2020 10/30/20 Sold $153,000 -9.5% --
10/03/2020 10/03/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $169,000 -- --
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 $4,723 $172,800 $85,000 $87,800
2023 $4,444 $172,800 $85,000 $87,800
2022 $3,696 $143,700 $85,000 $58,700
2021 $3,719 $143,700 $85,000 $58,700
2020 $3,723 $143,700 $85,000 $58,700
2019 $3,715 $143,700 $85,000 $58,700
2018 $3,785 $143,700 $85,000 $58,700
2017 $3,805 $143,700 $85,000 $58,700
2016 $3,489 $159,600 $110,000 $49,600
2015 $3,457 $159,600 $110,000 $49,600
2014 $3,286 $159,600 $110,000 $49,600
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 563107

South Jersey Shore Regional MLS

APN: 22-00005-0000-00001-0000-C0609