5261 West Ave Unit 63 Ocean City, NJ 08226
Estimated Value: $895,000 - $981,000
--
Bed
--
Bath
1,242
Sq Ft
$758/Sq Ft
Est. Value
About This Home
This home is located at 5261 West Ave Unit 63, Ocean City, NJ 08226 and is currently estimated at $941,653, approximately $758 per square foot. 5261 West Ave Unit 63 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2020
Sold by
Malakoff Eric and Malakoff Evalyn
Bought by
Vnenchak David J and Vnenchak Kimberly A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$452,761
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$488,892
Purchase Details
Closed on
Aug 30, 2017
Sold by
Sutliff Richard W and Sutliff Lorraine
Bought by
Malakoff Eric and Malakoff Evalyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,120
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2000
Sold by
Mcgarrity David M
Bought by
Sutliff Richard W and Sutliff Lorraine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,700
Interest Rate
8.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Vnenchak David J | $600,000 | None Available | |
Malakoff Eric | $530,150 | Freedom Title & Abstract | |
Sutliff Richard W | $281,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Vnenchak David J | $510,400 | |
Previous Owner | Malakoff Eric | $424,120 | |
Previous Owner | Sutliff Richard W | $196,700 |
Source: Public Records
Tax History Compared to Growth
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 | $5,700 | $508,000 | $276,500 | $231,500 |
2024 | $5,700 | $508,000 | $276,500 | $231,500 |
2023 | $5,441 | $508,000 | $276,500 | $231,500 |
2022 | $5,227 | $508,000 | $276,500 | $231,500 |
2021 | $3,790 | $508,000 | $276,500 | $231,500 |
2020 | $4,968 | $508,000 | $276,500 | $231,500 |
2019 | $4,912 | $508,000 | $276,500 | $231,500 |
2018 | $4,867 | $508,000 | $276,500 | $231,500 |
2017 | $4,677 | $496,000 | $276,500 | $219,500 |
2016 | $4,499 | $496,000 | $276,500 | $219,500 |
2015 | $4,439 | $496,000 | $276,500 | $219,500 |
2014 | $4,375 | $496,000 | $276,500 | $219,500 |
Source: Public Records
Map
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