NOT LISTED FOR SALE

5501 Marshall Ave Unit 609 Ventnor City, NJ 08406

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

2 Beds
1.5 Baths
-- Sq Ft
0.48 Acres

Last Sold August 27, 2021

Last sale price $203,000

Est. 57% increase in value since last sale

Current estimated payment $1,859/month

Highlights

  • Clubhouse
  • Community Pool
  • Central Air
  • Deck
  • Laundry Room
  • Dining Area

About This Home

As of August 2021

This is the only 2 bedroom unit available at Waterview. Freshly painted 2 story townhouse offers newer bath and powder room. 2 bedrrom, 1.5 baths, living room, dining area and galley kitchen. Beautiful on-site pool and gym membership is available. Condo fee includes heat, gas for dryer and cooking, water, sewer, landscaping, HOA insurance, flood insurance, pool and club house. The heater and central air conditioning are maintained by the condo association and replaced by the association. Owner pays for electric, cable and contents H06 insurance policy.

Last Agent to Sell the Property

Rita Moore

MARKETPLACE REALTY Listed on: 08/10/2021

Last Buyer's Agent

Elise Waldman

MARKETPLACE REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1972

Lot Details

  • 0.48

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, gas, hot water, heat, pool
  • Waterview Condos

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,329

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Year Built: 1972
  • 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, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Pool, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Gas, Hot Water, Heat, Pool
  • Condo Name: Waterview
  • Management: Association, On-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Aug 27, 2021
Sold by
Rennix William R and Rennix Donna Marie
Bought by
Saravello Michael and Saravello Donna
Seller's Agent
Rita Moore
MARKETPLACE REALTY
Buyer's Agent
Elise Waldman
MARKETPLACE REALTY
List Price
$203,000
Sold Price
$203,000
Current Estimated Value
$318,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,241
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Coppola Richard
Bought by
Rennix Donna Marie and Rennix William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
08/27/2021 08/27/21 Sold $203,000 0.0% --
08/10/2021 08/10/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $203,000 -- --
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

  • Rita Moore

    Seller's Agent in 2021

    Rita Moore

    MARKETPLACE REALTY

    (609) 338-9300

    18 in this area

    29 Total Sales

    Rita Moore
    Section Image
  • Elise Waldman

    Buyer's Agent in 2021

    Elise Waldman

    MARKETPLACE REALTY

    (888) 478-8500

    7 in this area

    38 Total Sales

    Elise Waldman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554136

South Jersey Shore Regional MLS

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

New Jersey Atlantic County Ventnor City 08406

5501 Marshall Ave Unit 609, Ventnor City, NJ

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