NOT LISTED FOR SALE

5013 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $2,375,440 - $3,253,000

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

Last Sold February 20, 2019

Last sale price $1,580,000

Est. 76% increase in value since last sale

Current estimated payment $15,914/month

3 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Bedroom
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 3-minute walk to 49th Street Dog Run

About This Home

As of February 2019

Enjoy beachfront living in this spectacular first-floor condo in the great southend of Ocean City. You will marvel at the gorgeous beach and ocean views and enjoy a large back deck with an additional huge deck on the lower level as well as a large front deck. This 4 bedroom-4 bath condo is impeccably furnished and decorated. An inventory list is available. There is a gas-log fireplace in the living room, gas heating, central A/C, recessed lighting, ceiling fans, central vacuum system and security system. The kitchen is enhanced with custom cabinets, stainless steel appliances, granite counters and a large center island. The flooring in the living areas and lower level is tile; hardwood in the master bedroom and carpet in the other bedrooms. Fulfill your dreams of owning a shore home with this ocean-front condo. The property has never been rented, but has great rental potential if you wish to rent it. This is a must see property!

Last Agent to Sell the Property

ANTHONY CANNATA

RE/MAX AT THE SHORE License #SP-8840720 Listed on: 01/09/2019

RE/MAX AT THE SHORE

Co-Listed By

VIRGINIA CANNATA

Compass New Jersey-Ocean City (O463E) License #8840719

Last Buyer's Agent

JOSEPH HEPNER III

BERGER REALTY-Main License #8738029

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,612

Year Built

  • Built in 2000

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Water Views
  • Burglar Security System

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Ocean Front
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,612

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 01/09/2019
  • Year Built: 2000
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 4
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, Assigned, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Ocean Front

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 20, 2019
Sold by
Filipps Patricia M
Bought by
Sullivan Brian W and Sullivan Hildred R
Seller's Agent
ANTHONY CANNATA
RE/MAX AT THE SHORE
Buyer's Agent
JOSEPH HEPNER III
BERGER REALTY-Main
List Price
$1,599,000
Sold Price
$1,580,000
Premium/Discount to List
-$19,000
-1.19%
Current Estimated Value
$2,780,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,200,110
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Apr 16, 2004
Sold by
Brown J Gary and Brown Denise L
Bought by
Filipps Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Sullivan Brian W $1,580,000 --
Filipps Patricia M $1,760,000 Congress Title Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filipps Patricia M $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2019 02/20/19 Sold $1,580,000 -1.2% --
01/12/2019 01/12/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $1,599,000 -- --
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 $14,612 $1,302,300 $860,000 $442,300
2024 $14,612 $1,302,300 $860,000 $442,300
2023 $13,948 $1,302,300 $860,000 $442,300
2022 $13,401 $1,302,300 $860,000 $442,300
2021 $9,715 $1,302,300 $860,000 $442,300
2020 $12,736 $1,302,300 $860,000 $442,300
2019 $12,355 $1,277,700 $860,000 $417,700
2018 $12,240 $1,277,700 $860,000 $417,700
2017 $12,049 $1,277,700 $860,000 $417,700
2016 $11,589 $1,277,700 $860,000 $417,700
2015 $11,435 $1,277,700 $860,000 $417,700
2014 $11,269 $1,277,700 $860,000 $417,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    ANTHONY CANNATA

    RE/MAX

    (800) 838-9529

    5 in this area

    7 Total Sales

    ANTHONY CANNATA
    Section Image

  • V

    Seller Co-Listing Agent in 2019

    VIRGINIA CANNATA

    Compass New Jersey-Ocean City (O463E)

    3 in this area

    4 Total Sales

    VIRGINIA CANNATA
    Section Image

  • J

    Buyer's Agent in 2019

    JOSEPH HEPNER III

    BERGER REALTY-Main

    (609) 457-9457

    5 in this area

    5 Total Sales

    JOSEPH HEPNER III
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 515930

South Jersey Shore Regional MLS

APN: 08-05001-0000-00009-0000-C1

New Jersey Cape May County Ocean City 08226

5013 Central Ave Unit 1, Ocean City, NJ

This home is located at 5013 Central Ave Unit 1, Ocean City, NJ 08226 since 09 January 2019 and is currently estimated at $2,780,110. This property was built in 2000. 5013 Central 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.

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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes