NOT LISTED FOR SALE

5260 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $799,000 - $881,000

3 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $575,000

Est. 45% increase in value since last sale

Current estimated payment $4,811/month

Highlights

  • Sun or Florida Room
  • Corner Lot
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Located in the highly desirable deep south end of Ocean City and is only 2 short blocks to the beach (5th house to beach). An enclosed front porch provides additional living space. This is an over sized corner property with a beautiful playground behind it providing plenty of open space. Truly a quality property that you would be proud and happy to call your Ocean City home. Currently tenant occupied until October 9, 2021. "Time is Precious - Start Living the Dream" tm.

Last Agent to Sell the Property

John Woolam

BHHS FOX and ROACH-109 34th OC Listed on: 06/23/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

John Woolam

BHHS FOX and ROACH-109 34th OC Listed on: 06/23/2021

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1980

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,703

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 06/23/2021
  • Year Built: 1980
  • 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, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Wood Burning
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Florida Room
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 15, 2021
Sold by
Saul and Doris
Bought by
Smith Peter S and Smith Heidi M
Seller's Agent
John Woolam
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
John Woolam
BHHS FOX and ROACH-109 34th OC
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$833,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,405
Avg. Annual Appreciation
9.75%
Original Mortgage
$431,250
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Caddick Elizabeth C
Bought by
Saul Vincent and Saul Doris

Purchase Details

Closed on
Dec 13, 2004
Sold by
Caddick Elizabeth C
Bought by
Caddick Elizabeth C
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
Smith Peter S $575,000 Vernon Allen H
Saul Vincent $424,900 Congress Title
Caddick Elizabeth C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Peter S $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $575,000 -4.0% --
07/23/2021 07/23/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $599,000 -- --
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 $4,703 $419,200 $288,000 $131,200
2024 $4,703 $419,200 $288,000 $131,200
2023 $4,490 $419,200 $288,000 $131,200
2022 $4,314 $419,200 $288,000 $131,200
2021 $3,009 $403,300 $288,000 $115,300
2020 $3,944 $403,300 $288,000 $115,300
2019 $3,900 $403,300 $288,000 $115,300
2018 $3,864 $403,300 $288,000 $115,300
2017 $3,803 $403,300 $288,000 $115,300
2016 $3,658 $403,300 $288,000 $115,300
2015 $3,610 $403,300 $288,000 $115,300
2014 $3,557 $403,300 $288,000 $115,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Woolam

    BHHS Fox & Roach

    (609) 665-2031

    5 in this area

    7 Total Sales

    John Woolam
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 552218

South Jersey Shore Regional MLS

APN: 08-05204-0000-00028-0000-C1

New Jersey Cape May County Ocean City 08226

5260 West Ave Unit 1, Ocean City, NJ

This home is located at 5260 West Ave Unit 1, Ocean City, NJ 08226 since 23 June 2021 and is currently estimated at $833,405. This property was built in 1980. 5260 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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