NOT LISTED FOR SALE

5112 Haven Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,105,000 - $1,316,194

4 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold November 15, 2019

Last sale price $630,000

Est. 87% increase in value since last sale

Current estimated payment $6,746/month

14 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • 2 Car Attached Garage

About This Home

As of November 2019

Beautifully appointed 4 bedroom 2 bath 1971 sq ft condo with great views of the meadows and pond. Enjoy the privacy of this location and still have only a short walk to the beach. This open floor plan condo features, kitchen with granite counters and stainless appliances, hardwood floors, living room with gas fireplace, large master bedroom with private bath including soaking tub, 3 additional spacious bedrooms, and fiberglass deck accessible from the master and back bedroom. There is a Large 2 car garage with an additional storage room. Enjoy the amazing sunsets and relax in the large back yard. Recent upgrades include a tankless hot water heater, HVAC system and irrigation. This condo is being offered fully furnished and has a good rental history.

Last Agent to Sell the Property

Robert Bond

Compass New Jersey-Ocean City (O463E) Listed on: 09/19/2019

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Stacy Demcher

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1989

Lot Details

  • 4,617

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,035

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 09/19/2019
  • Year Built: 1989
  • 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Ludwick Vacation Properties Llc
Bought by
Farabaugh Dennis J and Farabaugh Diane L
Current Estimated Value
$1,181,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$329,764
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$851,285

Purchase Details

Closed on
Apr 3, 2009
Sold by
Callandrillo John
Bought by
Ludwick Vacation Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Keichner David W and Keichner Deborah L
Bought by
Callandrillo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2005
Sold by
Ocean City Tax Free Exchange Llc
Bought by
Kelchner David W and Kelchner Deborah L

Purchase Details

Closed on
Nov 16, 2004
Sold by
Kelchner David W and Kelchner Deborah L
Bought by
Ocean City Tax Free Exchange Llc

Purchase Details

Closed on
May 8, 2003
Sold by
5112 Haven Ave Llc
Bought by
Kelchner David W and Kelchner Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
5.84%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Alberici Anthony
Bought by
Hoag Richard and Flukey Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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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
Farabaugh Dennis J $565,000 None Available
Ludwick Vacation Properties Llc $540,000 North American Title Agency
Callandrillo John $640,000 None Available
Kelchner David W -- --
Ocean City Tax Free Exchange Llc -- --
Kelchner David W $435,000 --
Hoag Richard $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farabaugh Dennis J $395,000
Previous Owner Ludwick Vacation Properties Llc $417,000
Previous Owner Callandrillo John $416,000
Previous Owner Kelchner David W $391,500
Previous Owner Hoag Richard $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $630,000 -3.1% --
10/03/2019 10/03/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $649,900 -- --
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 $6,035 $537,900 $311,500 $226,400
2024 $6,035 $537,900 $311,500 $226,400
2023 $5,761 $537,900 $311,500 $226,400
2022 $5,535 $537,900 $311,500 $226,400
2021 $4,013 $537,900 $311,500 $226,400
2020 $5,261 $537,900 $311,500 $226,400
2019 $5,201 $537,900 $311,500 $226,400
2018 $5,153 $537,900 $311,500 $226,400
2017 $5,072 $537,900 $311,500 $226,400
2016 $4,879 $537,900 $311,500 $226,400
2015 $4,880 $545,200 $324,000 $221,200
2014 $4,809 $545,200 $324,000 $221,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528177

South Jersey Shore Regional MLS

APN: 08-05105-0000-00016-0000-C1