NOT LISTED FOR SALE

5508 Asbury Ave Unit 1st Ocean City, NJ 08226

Estimated Value: $1,086,805 - $1,359,000

3 Beds
2 Baths
1,185 Sq Ft
$1,013/Sq Ft Est. Value

About This Home

This home is located at 5508 Asbury Ave Unit 1st, Ocean City, NJ 08226 and is currently estimated at $1,199,951, approximately $1,012 per square foot. 5508 Asbury Ave Unit 1st 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
Aug 25, 2011
Sold by
Duncan Real Estate Investments Llc and Grisbaum Douglas
Bought by
Wheeler Grace and Wheeler Richard
Current Estimated Value
$1,199,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$311,719
Interest Rate
4.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$888,232
Source: Public Records

Range of Values:

Collateral Analytics

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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
Wheeler Grace $575,000 Continental Title Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Grace $450,000
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 $6,099 $543,600 $283,500 $260,100
2024 $6,099 $543,600 $283,500 $260,100
2023 $5,822 $543,600 $283,500 $260,100
2022 $5,594 $543,600 $283,500 $260,100
2021 $4,055 $543,600 $283,500 $260,100
2020 $5,316 $543,600 $283,500 $260,100
2019 $5,257 $543,600 $283,500 $260,100
2018 $5,208 $543,600 $283,500 $260,100
2017 $5,126 $543,600 $283,500 $260,100
2016 $4,930 $543,600 $283,500 $260,100
2015 $4,865 $543,600 $283,500 $260,100
2014 $4,795 $543,600 $283,500 $260,100
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5508 Asbury Ave Unit 1st, Ocean City, NJ

This home is located at 5508 Asbury Ave Unit 1st, Ocean City, NJ 08226 and is currently estimated at $1,199,951, approximately $1,012 per square foot. 5508 Asbury Ave Unit 1st 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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