NOT LISTED FOR SALE

5508 Asbury Ave Unit 2nd Ocean City, NJ 08226

Estimated Value: $1,111,458 - $1,392,000

3 Beds
2 Baths
1,185 Sq Ft
$1,008/Sq Ft Est. Value

About This Home

This home is located at 5508 Asbury Ave Unit 2nd, Ocean City, NJ 08226 and is currently estimated at $1,194,615, approximately $1,008 per square foot. 5508 Asbury Ave Unit 2nd 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
Oct 11, 2024
Sold by
Weaver Family Trust and Weaver Patricia Charlotte
Bought by
Ioannidis Matthew Joseph and Ioannidis Caitlynn Allyssa
Current Estimated Value
$1,194,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,184,524
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$10,091

Purchase Details

Closed on
Mar 5, 2021
Sold by
Weaver Chris and Weaver Patricia
Bought by
Weaver Ft

Purchase Details

Closed on
Jun 6, 2011
Sold by
Duncan Real Estate Investments Llc and Grisbaum Douglas
Bought by
Weaver Chris and Weaver Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.62%
Mortgage Type
New Conventional
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

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Quantarium

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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
Ioannidis Matthew Joseph $1,200,000 Freedom Title
Ioannidis Matthew Joseph $1,200,000 Freedom Title
Weaver Ft -- National Title
Weaver Chris $620,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ioannidis Matthew Joseph $1,200,000
Closed Ioannidis Matthew Joseph $1,200,000
Previous Owner Weaver Chris $417,000
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 $6,551 $583,900 $283,500 $300,400
2024 $6,551 $583,900 $283,500 $300,400
2023 $6,254 $583,900 $283,500 $300,400
2022 $6,008 $583,900 $283,500 $300,400
2021 $5,868 $583,900 $283,500 $300,400
2020 $5,711 $583,900 $283,500 $300,400
2019 $5,646 $583,900 $283,500 $300,400
2018 $5,594 $583,900 $283,500 $300,400
2017 $5,506 $583,900 $283,500 $300,400
2016 $5,296 $583,900 $283,500 $300,400
2015 $5,226 $583,900 $283,500 $300,400
2014 $5,150 $583,900 $283,500 $300,400
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5508 Asbury Ave Unit 2nd, Ocean City, NJ

This home is located at 5508 Asbury Ave Unit 2nd, Ocean City, NJ 08226 and is currently estimated at $1,194,615, approximately $1,008 per square foot. 5508 Asbury Ave Unit 2nd 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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