NOT LISTED FOR SALE

5012 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $665,000 - $969,000

2 Beds
1 Bath
912 Sq Ft
$898/Sq Ft Est. Value

About This Home

This home is located at 5012 West Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $819,085, approximately $898 per square foot. 5012 West Ave Unit 1 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
Apr 19, 2021
Sold by
Meyer Scott and Meyer Jennifer
Bought by
Heverly Lucas and Heverly Erin
Current Estimated Value
$819,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,200
Outstanding Balance
$513,919
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$305,166

Purchase Details

Closed on
Sep 6, 2019
Sold by
Heverly Lucas
Bought by
Heverly Lucas and Heverly Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 14, 2017
Sold by
Smith Stanley and Smith Angelina A
Bought by
Heverly Lucas and Heverly Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2002
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Heverly Lucas -- New Title Company Name
Heverly Lucas -- New Title Company Name
Heverly Lucas -- West Jersey Title Agency
Heverly Lucas $250,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heverly Lucas $569,200
Closed Heverly Lucas $569,200
Previous Owner Heverly Lucas $560,000
Previous Owner Heverly Lucas $225,000
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 $6,760 $602,500 $273,600 $328,900
2024 $6,760 $602,500 $273,600 $328,900
2023 $6,453 $602,500 $273,600 $328,900
2022 $6,200 $602,500 $273,600 $328,900
2021 $2,041 $273,600 $273,600 $0
2020 $2,676 $273,600 $273,600 $0
2019 $3,149 $325,600 $273,600 $52,000
2018 $3,119 $325,600 $273,600 $52,000
2017 $3,070 $325,600 $273,600 $52,000
2016 $2,953 $325,600 $273,600 $52,000
2015 $2,914 $325,600 $273,600 $52,000
2014 $2,872 $325,600 $273,600 $52,000
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5012 West Ave Unit 1, Ocean City, NJ

This home is located at 5012 West Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $819,085, approximately $898 per square foot. 5012 West Ave Unit 1 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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