NOT LISTED FOR SALE

5208 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,545,000 - $2,053,000

4 Beds
2.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $1,100,000

Est. 59% increase in value since last sale

Current estimated payment $9,980/month

Highlights

  • Water Views
  • Recreation Room
  • Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Entrance Foyer

About This Home

As of October 2020

Listen to the sound of the waves crashing from this gorgeous first floor Central Ave condo located only 3 lots from the corner of 52nd street. Amenities feature vinyl siding, custom brick pavers, front and side entrances, private garage, plenty of off-street parking, extra large ground level storage rooms and shower, front and rear decking, breathtaking interior with direct ocean views, engineered vinyl flooring, modern kitchen with granite countertops, stainless steel appliances, gas range, back splash, large center island, gas fireplace, spacious bedrooms and baths, high end beachy furnishings, and so much more. The home is kept in meticulous condition and is not used as a rental. Being offered mostly furnished minus personal exclusions. Come see why 5208 Central Avenue will exceed your demands!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 08/31/2020

Last Buyer's Agent

Pam Kotter

BHHS FOX and ROACH-Mullica Hill South

BHHS FOX and ROACH-Mullica Hill South

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,146

Year Built

  • Built in 2002

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Carpet
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,146

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 08/31/2020
  • Year Built: 2002
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Dining Room, Recreation/Family, Master Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Foyer, Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2013
Sold by
Scafidi Robert J and Scafidi Marie
Bought by
Scafidi Robert J and Scafidi Marie
Current Estimated Value
$1,754,359

Purchase Details

Closed on
Mar 26, 2010
Sold by
Ewell John R and Ewell Lynne A
Bought by
Scafidi Robert J and Scafidi Marie

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
Outstanding Balance
$277,323
Interest Rate
4.97%
Mortgage Type
New Conventional
Estimated Equity
$1,477,036

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bellville Robert M
Bought by
Ewell John R and Ewell Lynne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 1989
Sold by
Welsh Edward and Welsh Margaret
Bought by
Mcdonough James and Mcdonough Elizabeth
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
Scafidi Robert J -- None Available
Scafidi Robert J $775,000 Fidelity Natl Title Ins Co
Ewell John R $999,900 Congress Title
Mcdonough James $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scafidi Robert J $417,000
Previous Owner Ewell John R $799,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $1,100,000 +0.1% --
09/02/2020 09/02/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $1,099,000 -- --
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 $8,146 $726,000 $410,000 $316,000
2024 $8,146 $726,000 $410,000 $316,000
2023 $7,775 $726,000 $410,000 $316,000
2022 $7,471 $726,000 $410,000 $316,000
2021 $5,416 $726,000 $410,000 $316,000
2020 $7,100 $726,000 $410,000 $316,000
2019 $7,020 $726,000 $410,000 $316,000
2018 $6,955 $726,000 $410,000 $316,000
2017 $6,846 $726,000 $410,000 $316,000
2016 $6,585 $726,000 $410,000 $316,000
2015 $6,498 $726,000 $410,000 $316,000
2014 $6,403 $726,000 $410,000 $316,000
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2020

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    63 in this area

    69 Total Sales

    Matthew Bader
    Section Image
  • Pam Kotter

    Buyer's Agent in 2020

    Pam Kotter

    BHHS Fox & Roach

    (856) 229-1188

    7 in this area

    99 Total Sales

    Pam Kotter
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541348

South Jersey Shore Regional MLS

APN: 08-05202-0000-00018-0000-C1

New Jersey Cape May County Ocean City 08226

5208 Central Ave Unit 1, Ocean City, NJ

This home is located at 5208 Central Ave Unit 1, Ocean City, NJ 08226 since 31 August 2020 and is currently estimated at $1,754,359. This property was built in 2002. 5208 Central 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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