NOT LISTED FOR SALE

5008 West Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $1,116,204 - $1,225,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold July 29, 2016

Last sale price $540,000

Est. 116% increase in value since last sale

Current estimated payment $6,696/month

50 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Laundry Room
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • 4-minute walk to 49th Street Dog Run

About This Home

As of July 2016

Very nice well maintained never rented south and first floor, four bedrooms, two baths, large living and dining areas, huge front porch, and rear deck, gas heat, central air, enclosed outside shower, garage, storage, enclosed outside shower, Vinyl siding and railings, sold fully furnished and equipped less personal items.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 05/11/2016

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,384

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Dining Area
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,384

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 05/13/2016
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room, Storage Attic
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Aug 19, 2016
Sold by
Michael F Mayock
Bought by
Ward Christopher and Ward Suzette
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$1,166,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,051
Avg. Annual Appreciation
8.69%
Original Mortgage
$432,000
Outstanding Balance
$344,128
Interest Rate
3.43%
Estimated Equity
$821,923

Purchase Details

Closed on
Oct 8, 2004
Sold by
Bf Ventures Llc
Bought by
Mayock Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,425
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Shackelford Florence M
Bought by
Bf Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
Ward Christopher -- --
Mayock Michael F $629,900 Commonwealth Land Title Insu
Bf Ventures Llc $600,000 --
Bf Ventures Llc $600,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Christopher $432,000
Closed Ward Christopher --
Previous Owner Mayock Michael F $472,425
Previous Owner Bf Ventures Llc $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $540,000 0.0% --
06/30/2016 06/30/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $540,000 -- --
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 $6,384 $569,000 $273,600 $295,400
2024 $6,384 $569,000 $273,600 $295,400
2023 $6,094 $569,000 $273,600 $295,400
2022 $5,855 $569,000 $273,600 $295,400
2021 $4,245 $569,000 $273,600 $295,400
2020 $5,565 $569,000 $273,600 $295,400
2019 $5,502 $569,000 $273,600 $295,400
2018 $5,451 $569,000 $273,600 $295,400
2017 $5,366 $569,000 $273,600 $295,400
2016 $5,161 $569,000 $273,600 $295,400
2015 $5,093 $569,000 $273,600 $295,400
2014 $5,019 $569,000 $273,600 $295,400
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2016

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    155 in this area

    500 Total Sales

    Jeff Quintin
    Section Image
  • Michael Contino

    Buyer's Agent in 2016

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    358 in this area

    416 Total Sales

    Michael Contino
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 467958

South Jersey Shore Regional MLS

APN: 08-05004-0000-00013-0000-C1

New Jersey Cape May County Ocean City 08226

5008 West Ave Unit 1st Floor, Ocean City, NJ

This home is located at 5008 West Ave Unit 1st Floor, Ocean City, NJ 08226 since 11 May 2016 and is currently estimated at $1,166,051. 5008 West Ave Unit 1st Floor 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.

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