NOT LISTED FOR SALE

5236 West Ave Unit 38 Ocean City, NJ 08226

Estimated Value: $1,248,000 - $1,444,895

-- Bed
-- Bath
-- Sq Ft
3,006 Sq Ft Lot

Last Sold March 02, 2015

Last sale price $665,000

Est. 102% increase in value since last sale

Current estimated payment $7,718/month

44 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Living Room
  • Ocean City Primary School Rated A
  • Porch
  • Outdoor Shower

About This Home

As of March 2015

Nice and clean 6 bedroom 4 bath duplex located in the south end of town only two blocks walking distance to the beach. No other location gets you this close to the 52nd st park/playground. This unit is kept in meticulous condition. Solid rental income makes this an excellent investment. The 1st floor is listed at $329,900, the second floor is listed at $359,900. Easy to show- Call today!!

Last Agent to Sell the Property

Chip Collins

BERGER REALTY-Main Listed on: 12/06/2014

Co-Listed By

Matthew Bader

BERGER REALTY-Main

Last Buyer's Agent

LAUREN PERKINS

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Lot Details

  • Lot Dimensions are 30x100

Parking

  • Stone Driveway

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Partially Furnished
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Partially Furnished
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Other Rooms: Dining Area, Dining Room, Kitchen, Living Room, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch
  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Stone

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 30x100

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2014
Closed on
Feb 24, 2015
Sold by
Ludwick Richard E and Ludwick Virginia E
Bought by
Barbuto Michael J and Barbuto Leslie C
Seller's Agent
Chip Collins
BERGER REALTY-Main
Buyer's Agent
LAUREN PERKINS
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$665,000
Sold Price
$665,000
Current Estimated Value
$1,345,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,474
Avg. Annual Appreciation
6.86%
Original Mortgage
$300,000
Outstanding Balance
$229,430
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,116,044
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
Barbuto Michael J $665,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbuto Michael J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $665,000 0.0% --
01/19/2015 01/19/15 Pending -- -- --
12/06/2014 12/06/14 For Sale $665,000 -- --
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 $7,024 $626,000 $432,000 $194,000
2024 $7,024 $626,000 $432,000 $194,000
2023 $6,704 $626,000 $432,000 $194,000
2022 $6,442 $626,000 $432,000 $194,000
2021 $4,670 $626,000 $432,000 $194,000
2020 $6,122 $626,000 $432,000 $194,000
2019 $6,053 $626,000 $432,000 $194,000
2018 $5,997 $626,000 $432,000 $194,000
2017 $5,903 $626,000 $432,000 $194,000
2016 $5,678 $626,000 $432,000 $194,000
2015 $5,603 $618,600 $432,000 $186,600
2014 $5,413 $613,700 $432,000 $181,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 440006

South Jersey Shore Regional MLS

APN: 08-05204-0000-00022