NOT LISTED FOR SALE

5105 West Ave Unit 7 Ocean City, NJ 08226

Estimated Value: $689,000 - $880,000

-- Bed
-- Bath
1,106 Sq Ft
$714/Sq Ft Est. Value

About This Home

This home is located at 5105 West Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $789,557, approximately $713 per square foot. 5105 West Ave Unit 7 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
Feb 22, 2023
Sold by
Patel Simit
Bought by
Mathur Ajit and Mathur Rashmi
Current Estimated Value
$789,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,250
Outstanding Balance
$484,037
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$305,520

Purchase Details

Closed on
Dec 29, 2022
Sold by
Mettin David A and Mettin Jennifer V
Bought by
Patel Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,250
Outstanding Balance
$484,037
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$305,520

Purchase Details

Closed on
Aug 3, 2020
Sold by
Falgoust Lee J
Bought by
Mettin David A and Mettin Jennifer V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2014
Sold by
Falgoust Lee J
Bought by
Kennedy Pattie Anne M

Purchase Details

Closed on
Sep 8, 2008
Sold by
Sullivan Peter and Sullivan Ashley
Bought by
Falgoust Lee J and Kennedy Pattie Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Godfrey William S
Bought by
Sullivan Peter and Sullivan Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Godfrey John L and Godfrey Carol E
Bought by
Godfrey William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,600
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Adams Steven A and Adams Jill E
Bought by
Godfrey William S and Godfrey John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Mathur Ajit $699,000 Surety Title
Patel Smith $627,500 Land Title
Mettin David A $434,000 Misc Company
Kennedy Pattie Anne M -- None Available
Falgoust Lee J $412,000 North American Title Agency
Sullivan Peter $535,000 The Title Company Of Jersey
Godfrey William S -- Equity Plus Title Agency Llc
Godfrey William S $335,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathur Ajit $500,250
Previous Owner Mettin David A $390,600
Previous Owner Falgoust Lee J $251,000
Previous Owner Sullivan Peter $428,000
Previous Owner Godfrey William S $302,600
Previous Owner Godfrey William S $268,000
Closed Godfrey William S $32,000
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 $3,924 $349,700 $207,400 $142,300
2024 $3,924 $349,700 $207,400 $142,300
2023 $3,732 $348,500 $207,400 $141,100
2022 $3,586 $348,500 $207,400 $141,100
2021 $3,502 $348,500 $207,400 $141,100
2020 $3,408 $348,500 $207,400 $141,100
2019 $3,370 $348,500 $207,400 $141,100
2018 $3,339 $348,500 $207,400 $141,100
2017 $3,286 $348,500 $207,400 $141,100
2016 $3,161 $348,500 $207,400 $141,100
2015 $3,119 $348,500 $207,400 $141,100
2014 $3,074 $348,500 $207,400 $141,100
Source: Public Records

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