NOT LISTED FOR SALE

5505 Haven Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,076,294 - $1,197,000

4 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold June 15, 2022

Last sale price $999,999

Est. 15% increase in value since last sale

Current estimated payment $6,643/month

Highlights

  • Spa
  • Deck
  • Den
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1 Car Attached Garage

About This Home

As of June 2022

This beautiful 4 bedrooms, 2 baths, 1st floor Ocean City residence is quietly located in the deep south end of the island. Upon approaching the property, you’ll instantly fall in love with the spacious refinished porch with a double railing gate, which is only steps away from the beach! You’ll have ample time to sit back and relax, as this home is virtually maintenance-free with its Azek Fascia and Capping, Trex composite front stairs, a spacious storage unit under the porch, and a new AC condenser platform. As you enter the residence you'll notice a newly painted, renovated interior. Bright and filled with natural light, this unit features a show-stopping enlarged kitchen, equipped with all wood Omega Cabinets, Quartz Countertops, and a Blanco Sink. Beautifully equipped with all the bells and whistles, including a whirlpool tub, this home is truly unbeatable!

Last Agent to Sell the Property

Alexandra Aylward

BERGER REALTY-A License #2293050 Listed on: 04/14/2022

Last Buyer's Agent

Alexandra Aylward

BERGER REALTY-A License #2293050 Listed on: 04/14/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,430

Lot Details

  • 4,617

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Outdoor Features

  • Spa
  • Deck

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Haven Ave Condos
  • Building Patio

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,430

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 04/14/2022
  • Age: 16 To 20 Years
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Cable Tv, Deck/Porch, Patio

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Condo Name: Haven Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 14, 2022
Sold by
Sarruda and Alexis
Bought by
Schiavi John and Schiavi Deborah
Seller's Agent
Alexandra Aylward
BERGER REALTY-A
Buyer's Agent
Alexandra Aylward
BERGER REALTY-A
List Price
$1,149,000
Sold Price
$999,999
Premium/Discount to List
-$149,001
-12.97%
Current Estimated Value
$1,147,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,325
Avg. Annual Appreciation
4.23%
Original Mortgage
$155,000
Outstanding Balance
$147,483
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$999,841

Purchase Details

Closed on
Oct 29, 2004
Sold by
Sea Breeze Development Llc
Bought by
Sarruda Alexis and Sarruda James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,300
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schiavi John $999,999 Dougherty Joseph R
Schiavi John $999,999 None Listed On Document
Sarruda Alexis $517,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiavi John $155,000
Closed Schiavi John $155,000
Previous Owner Sarruda Alexis $215,300
Closed Sarruda Alexis $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $999,999 -13.0% --
05/06/2022 05/06/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $1,149,000 -- --
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 $6,430 $573,100 $248,000 $325,100
2024 $6,430 $573,100 $248,000 $325,100
2023 $6,138 $573,100 $248,000 $325,100
2022 $5,173 $502,700 $248,000 $254,700
2021 $3,750 $502,700 $248,000 $254,700
2020 $4,916 $502,700 $248,000 $254,700
2019 $4,861 $502,700 $248,000 $254,700
2018 $4,816 $502,700 $248,000 $254,700
2017 $4,740 $502,700 $248,000 $254,700
2016 $4,559 $502,700 $248,000 $254,700
2015 $4,499 $502,700 $248,000 $254,700
2014 $4,434 $502,700 $248,000 $254,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alexandra Aylward

    BERGER REALTY-A

    (347) 609-5491

    1 in this area

    1 Total Sale

    Alexandra Aylward
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561796

South Jersey Shore Regional MLS

APN: 08-05504-0000-00011-01-C1

New Jersey Cape May County Ocean City 08226

5505 Haven Ave Unit 1, Ocean City, NJ

This home is located at 5505 Haven Ave Unit 1, Ocean City, NJ 08226 since 14 April 2022 and is currently estimated at $1,147,324. 5505 Haven 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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