NOT LISTED FOR SALE

5400 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,315,000 - $1,885,000

-- Bed
-- Bath
1,837 Sq Ft
$891/Sq Ft Est. Value

About This Home

This home is located at 5400 Central Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $1,636,810, approximately $891 per square foot. 5400 Central Ave Unit 2 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
Mar 21, 2019
Sold by
Kennedy J Michael and Kennedy Lydia
Bought by
Kennedy Lydian A
Current Estimated Value
$1,636,810

Purchase Details

Closed on
Sep 28, 2015
Sold by
Bride Richard A and Mc Bride Diane E
Bought by
Kennedy J Michael and Kennedy Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 22, 2000
Sold by
Brosious Stephen G
Bought by
Mcbride Richard A and Mcbride Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.94%

Purchase Details

Closed on
May 2, 1997
Sold by
Kraus Richard C
Bought by
Broswus Stephen G and Broswus Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kennedy Lydian A -- --
Kennedy J Michael $650,000 North American Title Agency
Mcbride Richard A $525,000 --
Broswus Stephen G $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy J Michael $500,000
Previous Owner Mcbride Richard A $472,500
Previous Owner Broswus Stephen G $232,000
Source: Public Records

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 $10,255 $914,000 $538,100 $375,900
2024 $10,255 $914,000 $538,100 $375,900
2023 $9,789 $914,000 $538,100 $375,900
2022 $9,186 $914,000 $538,100 $375,900
2021 $8,838 $914,000 $538,100 $375,900
2020 $8,939 $914,000 $538,100 $375,900
2019 $8,838 $914,000 $538,100 $375,900
2018 $8,756 $914,000 $538,100 $375,900
2017 $6,795 $720,600 $538,100 $182,500
2016 $6,536 $720,600 $538,100 $182,500
2015 $6,449 $720,600 $538,100 $182,500
2014 $6,356 $720,600 $538,100 $182,500
Source: Public Records

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