NOT LISTED FOR SALE

5029 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $792,000 - $908,000

3 Beds
2 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $630,000

Est. 32% increase in value since last sale

Current estimated payment $4,777/month

Highlights

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

About This Home

As of February 2022

Southend Beauty! Come see this 3 bedroom/2 bath 1st floor unit that is just 2 short blocks to the beach! This well maintained unit features beautiful Yorktown Cabinetry kitchen with granite counters; hardwood floors; gas fireplace; double sliders to front porch; off street parking; enclosed outside shower; spacious bedrooms with large closets, enclosed outside shower and outside storage closet. Owners have replaced both front sliders (2019); a/c (2013); front deck (2020); and washer & dryer (2019). Home has not been rented. Unit being sold partially furnished. Make your appointment now!

Last Agent to Sell the Property

HOLLY CASSIDY

LONG and FOSTER REAL ESTATE INC-Stone Harbor License #0998993 Listed on: 10/10/2021

LONG and FOSTER REAL ESTATE INC-Stone Harbor

Last Buyer's Agent

JOHN TONKINSON

BERGER REALTY-E License #1540669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 1981

Lot Details

  • 2,701

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance
  • 50Th St Condos

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,580

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished, Rugs
  • Lvt Date: 10/10/2021
  • Year Built: 1981
  • Age: 25+ Years
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Master Br On 1st Floor
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Condo Name: 50th St
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), 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
Oct 10, 2021
Closed on
Feb 21, 2022
Sold by
Cantwell Brian M and Cantwell Brenda S
Bought by
Stuetz Raymond J and Stuetz Toni M
Seller's Agent
HOLLY CASSIDY
LONG and FOSTER REAL ESTATE INC-Stone Harbor
Buyer's Agent
JOHN TONKINSON
BERGER REALTY-E
List Price
$639,900
Sold Price
$630,000
Premium/Discount to List
-$9,900
-1.55%
Current Estimated Value
$831,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,335
Avg. Annual Appreciation
9.16%
Original Mortgage
$472,500
Outstanding Balance
$440,308
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$423,352

Purchase Details

Closed on
Sep 15, 2011
Sold by
Tarabocchia James and Tarabocchia Mary T
Bought by
Cantwell Brian M and Cantwell Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,550
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Monahan Michael and Monahan Pamela
Bought by
Tarabocchia James and Tarabocchia Mary T
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
Stuetz Raymond J $630,000 Title Company Of Jersey
Stuetz Raymond J $630,000 Title Company Of Jersey
Cantwell Brian M $423,000 Fidelity Natl Title Ins Co
Tarabocchia James $395,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuetz Raymond J $472,500
Closed Stuetz Raymond J $472,500
Previous Owner Cantwell Brian M $359,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $630,000 -1.5% --
12/15/2021 12/15/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $639,900 0.0% --
10/12/2021 10/12/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $639,900 -- --
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 $4,580 $408,200 $207,400 $200,800
2024 $4,580 $408,200 $207,400 $200,800
2023 $4,372 $408,200 $207,400 $200,800
2022 $4,200 $408,200 $207,400 $200,800
2021 $3,045 $408,200 $207,400 $200,800
2020 $3,992 $408,200 $207,400 $200,800
2019 $3,947 $408,200 $207,400 $200,800
2018 $3,911 $408,200 $207,400 $200,800
2017 $3,849 $408,200 $207,400 $200,800
2016 $3,702 $408,200 $207,400 $200,800
2015 $3,653 $408,200 $207,400 $200,800
2014 $3,600 $408,200 $207,400 $200,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    HOLLY CASSIDY

    LONG and FOSTER REAL ESTATE INC-Stone Harbor

    (609) 517-6034

    3 in this area

    5 Total Sales

    HOLLY CASSIDY
    Section Image

  • J

    Buyer's Agent in 2022

    JOHN TONKINSON

    BERGER REALTY-E

    (609) 741-7841

    3 in this area

    3 Total Sales

    JOHN TONKINSON
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556364

South Jersey Shore Regional MLS

APN: 08-05003-0000-00007-01-C1

New Jersey Cape May County Ocean City 08226

5029 West Ave Unit 1, Ocean City, NJ

This home is located at 5029 West Ave Unit 1, Ocean City, NJ 08226 since 10 October 2021 and is currently estimated at $831,335. This property was built in 1981. 5029 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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