NOT LISTED FOR SALE

5001 Central Ave Unit 3 Ocean City, NJ 08226

Estimated Value: $2,191,778 - $3,300,000

-- Bed
-- Bath
2,025 Sq Ft
$1,413/Sq Ft Est. Value

About This Home

This home is located at 5001 Central Ave Unit 3, Ocean City, NJ 08226 and is currently estimated at $2,860,945, approximately $1,412 per square foot. 5001 Central Ave Unit 3 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2012
Sold by
Rhein Joseph P and Rhein Joseph P
Bought by
Lalli Russell S and Lalli Lisa T
Current Estimated Value
$2,860,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$666,510
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$2,194,435
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lalli Russell S $1,300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalli Russell S $975,000
Source: Public Records

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 $15,040 $1,340,500 $1,075,000 $265,500
2024 $15,040 $1,340,500 $1,075,000 $265,500
2023 $14,357 $1,340,500 $1,075,000 $265,500
2022 $13,794 $1,340,500 $1,075,000 $265,500
2021 $10,000 $1,340,500 $1,075,000 $265,500
2020 $13,110 $1,340,500 $1,075,000 $265,500
2019 $12,963 $1,340,500 $1,075,000 $265,500
2018 $12,842 $1,340,500 $1,075,000 $265,500
2017 $12,641 $1,340,500 $1,075,000 $265,500
2016 $12,158 $1,340,500 $1,075,000 $265,500
2015 $11,997 $1,340,500 $1,075,000 $265,500
2014 $11,823 $1,340,500 $1,075,000 $265,500
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5001 Central Ave Unit 3, Ocean City, NJ

This home is located at 5001 Central Ave Unit 3, Ocean City, NJ 08226 and is currently estimated at $2,860,945, approximately $1,412 per square foot. 5001 Central Ave Unit 3 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes