NOT LISTED FOR SALE

5116 Central Ave Unit 18 Ocean City, NJ 08226

Estimated Value: $1,289,686 - $1,550,000

4 Beds
2 Baths
1,460 Sq Ft
3,920 Sq Ft Lot

Last Sold June 24, 2019

Last sale price $748,950 $513 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,248/month

Highlights

  • Deck
  • Upgraded Countertops
  • Double Self-Cleaning Oven
  • Ocean City Primary School Rated A
  • Breakfast Area or Nook
  • Stainless Steel Appliances

About This Home

As of June 2019

Beach block, 4 bed, 2 bathroom home in the Southend of Ocean City. This first-floor unit features an open floor plan with an abundance of fabulous features and is ideal as year-round residence, second home, or rental property.. Enter into the main living space with open concept living, dining & kitchen. Neutral paint and floors keep things light and bright. The living room boasts a cozy gas fireplace with tile surround and charming mantle. The newly updated kitchen boasts white shaker cabinetry complimented by corian counters, blue subway tile backsplash, and stainless appliances. The island provides additional storage, counter space and room for a quick snack or conversation atop the barstools. Spacious dining space is lined with windows allowing the natural light to pour in. The living room also boasts a wall of windows and sliding glass doors leading out to the covered deck. Up a few steps, all bedrooms and baths are privately tucked away. A spacious master suite with private bath is the perfect spot to unwind after a long night on the boardwalk. Three additional bedrooms share a large hall bath and laundry is easily accessible off the main hall as well. The air conditioner, furnance, and hot water heater are all 2 years old as are the kitchen appliances for added peace of mind! Anderson double pane windows throughout. No expense spared here! Driveway fits 3 cars with a portion of that covered Great unit, great location, great purchase! Don't delay!

Last Agent to Sell the Property

jackie caponi

(609) 314-7357 jlibs1072@gmail.com Real Broker, LLC Listed on: 03/26/2019

Real Broker, LLC

Last Buyer's Agent

jackie caponi

(609) 314-7357 jlibs1072@gmail.com Real Broker, LLC Listed on: 03/26/2019

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 1996

Lot Details

  • 3,920

Home Design

  • Frame Construction

Interior Spaces

  • 1,460 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 00018 01
  • Assessor Parcel Number 08-05102-00018 01-C1

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Southend Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,725

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Exclusions: outdoor patio furniture, contents of master bedroom, contents of office, dining room table with 8 chairs & matching hutch in living room, hope chest in living room, all kitchen accessories-kitchen aid, lenox dishes, utensils, pots and pans, contents of ut
  • Home Warranty: No
  • Inclusions: Fridge, range, microwave, dishwasher, washer, dryer, all furniture aside from exclusions listed in next section.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Remarks Public: Beach block, 4 bed, 2 bathroom home in the Southend of Ocean City. This first-floor unit features an open floor plan with an abundance of fabulous features and is ideal as year-round residence, second home, or rental property.. Enter into the main living space with open concept living, dining & kitchen. Neutral paint and floors keep things light and bright. The living room boasts a cozy gas fireplace with tile surround and charming mantle. The newly updated kitchen boasts white shaker cabinetry complimented by corian counters, blue subway tile backsplash, and stainless appliances. The island provides additional storage, counter space and room for a quick snack or conversation atop the barstools. Spacious dining space is lined with windows allowing the natural light to pour in. The living room also boasts a wall of windows and sliding glass doors leading out to the covered deck. Up a few steps, all bedrooms and baths are privately tucked away. A spacious master suite with private bath is the perfect spot to unwind after a long night on the boardwalk. Three additional bedrooms share a large hall bath and laundry is easily accessible off the main hall as well. The air conditioner, furnance, and hot water heater are all 2 years old as are the kitchen appliances for added peace of mind! Anderson double pane windows throughout. No expense spared here! Driveway fits 3 cars with a portion of that covered Great unit, great location, great purchase! Don't delay!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Gas, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Upgraded Countertops
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1460
  • Living Area Sq Ft: 1460
  • Price Per Sq Ft: 527.33
  • Above Grade Finished Sq Ft: 1460
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5116

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outside Shower, Secure Storage, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Concrete Driveway, Gravel Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 187600.00
  • Land Assessed Value: 410000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Year Assessed: 2018
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 9568645
  • Tax Annual Amount: 5725.00
  • Assessor Parcel Number: 08-05102-00018 01-C1
  • Tax Lot: 00018 01
  • Tax Total Finished Sq Ft: 1460
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/24/2019

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2016
Sold by
5116-5118 Central Avenue Llc
Bought by
Jones John and Jones Donna
Current Estimated Value
$1,448,922

Purchase Details

Closed on
May 10, 1996
Sold by
Fralinger Daniel
Bought by
Dahmer Charles and Dahmer Janet
Source: Public Records

Range of Values:

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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
Jones John $600,000 Attorney
Dahmer Charles $544,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold $748,950 -2.7% $513 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $769,900 -2.3% $527 / Sq Ft
03/26/2019 03/26/19 For Sale $787,900 -- $540 / Sq Ft
Source: Bright 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 $7,071 $630,200 $410,000 $220,200
2024 $7,071 $630,200 $410,000 $220,200
2023 $6,749 $630,200 $410,000 $220,200
2022 $6,334 $630,200 $410,000 $220,200
2021 $4,701 $630,200 $410,000 $220,200
2020 $6,163 $630,200 $410,000 $220,200
2019 $5,779 $597,600 $410,000 $187,600
2018 $5,725 $597,600 $410,000 $187,600
2017 $5,635 $597,600 $410,000 $187,600
Source: Public Records

Agents Affiliated with this Home

  • jackie caponi

    Seller's Agent in 2019

    jackie caponi

    Real Broker, LLC

    (609) 314-7357

    16 Total Sales

    jackie caponi
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Map

Source: Bright MLS

MLS Number: NJCM102838

Bright MLS

APN: 08 05102-0000-00018- 01-C1

New Jersey Cape May County Ocean City 08226

5116 Central Ave Unit 18, Ocean City, NJ

This home is located at 5116 Central Ave Unit 18, Ocean City, NJ 08226 since 26 March 2019 and is currently estimated at $1,448,922, approximately $992 per square foot. This property was built in 1996. 5116 Central Ave Unit 18 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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