NOT LISTED FOR SALE

5216 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $711,000 - $865,000

4 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $565,000

Est. 42% increase in value since last sale

Current estimated payment $4,621/month

Highlights

  • Furnished
  • Ground Level Unit
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Den
  • Laundry Room

About This Home

As of March 2021

4 Bedroom, 2 Bathroom fully renovated first floor beach get away. This open kitchen floor plan with stainless steal appliances and white quartz countertops is great for entertaining. The living room offers a 50 inch flat screen tv on the white shiplap wall is a special touch for this newly renovated gem. New windows, New Hvac, New floors and carpet and much more. There is plenty of storage with off street parking, outdoor shower and front porch is great for relaxing in the quite south end. This home will not disappoint with the perfect location between both the beach and park.

Last Agent to Sell the Property

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 12/24/2020

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Thomas Tyrrell

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,329

Lot Details

  • 3,006

Parking

  • Parking Pad

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Den

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,329

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 12/24/2020
  • Age: 25+ Years
  • 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, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Laundry/Utility Room
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Masonry/Block, Vinyl

Garage/Parking

  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Mar 5, 2021
Sold by
Gallagher James and Gallagher Brittany
Bought by
Baker Brian and Baker Amy
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Thomas Tyrrell
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$589,900
Sold Price
$565,000
Premium/Discount to List
-$24,900
-4.22%
Current Estimated Value
$803,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,648
Avg. Annual Appreciation
7.94%
Original Mortgage
$452,000
Outstanding Balance
$405,186
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,462

Purchase Details

Closed on
Oct 8, 2014
Sold by
White James J and White Virginia T
Bought by
White James J

Purchase Details

Closed on
Dec 30, 1985
Bought by
White James J and White Virginia T
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
Baker Brian $565,000 Freedom Title
Redacted Upon Request $565,000 Freedom Title
White James J -- None Available
White James J $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $452,000
Closed Redacted Upon Request $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $565,000 -0.9% --
01/23/2021 01/23/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $569,900 -3.4% --
12/24/2020 12/24/20 For Sale $589,900 +51.6% --
09/28/2020 09/28/20 Sold $389,000 0.0% -- View Prior Sale
09/02/2020 09/02/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $389,000 -- --
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 $4,329 $385,800 $216,000 $169,800
2024 $4,329 $385,800 $216,000 $169,800
2023 $4,132 $385,800 $216,000 $169,800
2022 $3,970 $385,800 $216,000 $169,800
2021 $2,941 $300,900 $216,000 $84,900
2020 $2,943 $300,900 $216,000 $84,900
2019 $2,910 $300,900 $216,000 $84,900
2018 $2,883 $300,900 $216,000 $84,900
2017 $2,837 $300,900 $216,000 $84,900
2016 $2,729 $300,900 $216,000 $84,900
2015 $2,693 $300,900 $216,000 $84,900
2014 -- $300,900 $216,000 $84,900
Source: Public Records

Agents Affiliated with this Home

  • Peter Madden

    Seller's Agent in 2021

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    129 in this area

    150 Total Sales

    Peter Madden
    Section Image
  • Thomas Tyrrell

    Buyer's Agent in 2021

    Thomas Tyrrell

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-9486

    10 in this area

    76 Total Sales

    Thomas Tyrrell
    Section Image
  • 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
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 545664

South Jersey Shore Regional MLS

APN: 08-05204-0000-00017-0000-C1

New Jersey Cape May County Ocean City 08226

5216 West Ave Unit 1, Ocean City, NJ

This home is located at 5216 West Ave Unit 1, Ocean City, NJ 08226 since 24 December 2020 and is currently estimated at $803,648. 5216 West 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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