NOT LISTED FOR SALE

5036 West Ave Unit 38 Ocean City, NJ 08226

Estimated Value: $804,000 - $888,000

-- Bed
-- Bath
1,081 Sq Ft
$770/Sq Ft Est. Value

About This Home

This home is located at 5036 West Ave Unit 38, Ocean City, NJ 08226 and is currently estimated at $832,077, approximately $769 per square foot. 5036 West Ave Unit 38 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 29, 2025
Sold by
Mcgilligan James J and Mcgilligan Lauren E
Bought by
Magee Leo Bernard and Magee Elizabeth S
Current Estimated Value
$832,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Outstanding Balance
$616,567
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$215,510

Purchase Details

Closed on
Apr 14, 2021
Sold by
Ada Rapson Rlest Llc
Bought by
Mcgilligan James J and Mcgilligan Lauren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2018
Sold by
Davis Carol E
Bought by
Ada Rapson Real Est Llc

Purchase Details

Closed on
Mar 12, 2015
Sold by
Nolan Peter A and Sabatini Karen
Bought by
Davis Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1997
Sold by
Mackie Bruce A
Bought by
Sabatini Peter and Sabatini Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.81%

Purchase Details

Closed on
May 6, 1993
Sold by
Marone Michael L and Marone Kathleen A
Bought by
Mackie Bruce A and Carol Sue
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
Magee Leo Bernard $825,000 Freedom Title
Redacted Upon Request $825,000 Freedom Title
Mcgilligan James J $620,000 Misc Company
Ada Rapson Real Est Llc $400,750 --
Davis Carol E $375,000 First American Title Ins Co
Sabatini Peter $142,500 --
Mackie Bruce A $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $618,750
Previous Owner Mcgilligan James J $527,000
Previous Owner Davis Carol E $318,750
Previous Owner Sabatini Peter $112,000
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 $4,653 $414,700 $216,000 $198,700
2024 $4,653 $414,700 $216,000 $198,700
2023 $4,441 $414,700 $216,000 $198,700
2022 $4,267 $414,700 $216,000 $198,700
2021 $2,906 $389,700 $216,000 $173,700
2020 $3,806 $389,200 $216,000 $173,200
2019 $3,764 $389,200 $216,000 $173,200
2018 $3,729 $389,200 $216,000 $173,200
2017 $3,670 $389,200 $216,000 $173,200
2016 $3,530 $389,200 $216,000 $173,200
2015 $3,483 $389,200 $216,000 $173,200
2014 $3,433 $389,200 $216,000 $173,200
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5036 West Ave Unit 38, Ocean City, NJ

This home is located at 5036 West Ave Unit 38, Ocean City, NJ 08226 and is currently estimated at $832,077, approximately $769 per square foot. 5036 West Ave Unit 38 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