NOT LISTED FOR SALE

5501 Marshall Ave Unit 5501 Ventnor City, NJ 08406

Estimated Value: $293,000 - $334,000

2 Beds
1.5 Baths
-- Sq Ft
0.48 Acres

Last Sold December 29, 2014

Last sale price $117,000

Est. 172% increase in value since last sale

Current estimated payment $1,859/month

23 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

LIKE NEW CONDITION ON SKI BEACH. Why rent?- when you can own this spacious, RENOVATED 2 story PET friendly townhouse with a low tax assessment & high elevation! Features hardwood floors, NEW Kitchen, 2 large bedrooms & NEW 1.5 baths in great location near beach, boardwalk & on the bay with Pool! Condo fee covers quite a bit including Gas,heat & hot water, sewer, trash, insurance, HVAC system, roof, maintenance and pool/clubhouse fees. All you pay is electric. Close to transportation, casinos & shopping too!

Last Agent to Sell the Property

Bobby Borislav Todorov

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 10/28/2014

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,329

Lot Details

  • 0.48

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Waterview Condos

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,329

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Area Features: Deck/Porch

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Waterview

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Rennix William R and Rennix Donna Marie
Bought by
Saravello Michael and Saravello Donna
Current Estimated Value
$318,241

Purchase Details

Listed on
Oct 28, 2014
Closed on
Dec 29, 2014
Sold by
Coppola Richard
Bought by
Rennix Donna Marie and Rennix William R
Seller's Agent
Bobby Borislav Todorov
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$117,000
Sold Price
$117,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$80,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Luzzi Maria
Bought by
Coppola Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Waterview Associates
Bought by
Luzzi Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Saravello Michael $203,000 Surety Title Company
Rennix Donna Marie $117,000 Surety Title
Coppola Richard $95,000 Surety Title
Luzzi Maria $145,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rennix Donna Marie $80,000
Previous Owner Coppola Richard $66,000
Previous Owner Luzzi Maria $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $117,000 0.0% --
11/20/2014 11/20/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $117,000 -- --
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 $2,329 $85,200 $40,000 $45,200
2024 $2,329 $85,200 $40,000 $45,200
2023 $2,191 $85,200 $40,000 $45,200
2022 $2,191 $85,200 $40,000 $45,200
2021 $2,205 $85,200 $40,000 $45,200
2020 $2,208 $85,200 $40,000 $45,200
2019 $2,202 $85,200 $40,000 $45,200
2018 $2,244 $85,200 $40,000 $45,200
2017 $2,256 $85,200 $40,000 $45,200
2016 $1,959 $89,600 $65,000 $24,600
2015 $1,941 $89,600 $65,000 $24,600
2014 $2,108 $102,400 $70,400 $32,000
Source: Public Records

Agents Affiliated with this Home

  • Bobby Borislav Todorov

    Seller's Agent in 2014

    Bobby Borislav Todorov

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 287-5859

    20 in this area

    46 Total Sales

    Bobby Borislav Todorov
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 438271

South Jersey Shore Regional MLS

APN: 22-00381-0000-00001-0000-C0609

New Jersey Atlantic County Ventnor City 08406

5501 Marshall Ave Unit 5501, Ventnor City, NJ

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