NOT LISTED FOR SALE

5510 Marshall Ave Unit V7 Ventnor City, NJ 08406

Estimated Value: $123,000 - $162,000

1 Bed
1 Bath
-- Sq Ft
0.45 Acres

Last Sold December 30, 2022

Last sale price $102,000

Est. 45% increase in value since last sale

Current estimated payment $879/month

51 Days on Market

Highlights

  • Unit is on the top floor
  • End Unit
  • Courtesy Bus
  • Deck
  • Corner Lot
  • Baseboard Heating

About This Home

As of December 2022

Opportunity Knocks- Come See this Spacious and Sunny 1 Bedroom 1 Bath 2nd Floor Corner Unit in sought after Dream Bay -This unit offers an Outdoor Deck off Kitchen perfect to enjoy the Sunrise with a cup of coffee - New Appliances and Carpeting in Fall 2021 and has a private entrance-Turnkey and ready for you! Great for year-round living or as a rental investment for your portfolio-Being sold AS IS

Last Agent to Sell the Property

Melissa Anthony

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 10/23/2022

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Lori Dodson King

OCF REALTY, LLC

OCF REALTY, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 0.45

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Deck
  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash, hot water, heat
  • Dream Bay Condos

Amenities

  • Courtesy Bus

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1972
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Deck/Porch

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash, Hot Water, Heat
  • Condo Name: Dream Bay
  • Management: Association

Lot Info

  • Location: Corner

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Dec 28, 2022
Sold by
Donlevie Francis X
Bought by
Dream Bay Condos 2022 Llc
Seller's Agent
Melissa Anthony
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Lori Dodson King
OCF REALTY, LLC
List Price
$119,900
Sold Price
$102,000
Premium/Discount to List
-$17,900
-14.93%
Views
99
Current Estimated Value
$147,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,499
Avg. Annual Appreciation
13.37%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 7, 2021
Sold by
Kirsch Randy and Kirsch Francine
Bought by
Donlevie Francis X
Seller's Agent
Melissa Anthony
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Melissa Anthony
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$82,500
Sold Price
$77,000
Premium/Discount to List
-$5,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.35%
Original Mortgage
$61,600
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dream Bay Condos 2022 Llc $92,000 Madison Title Agency
Donlevie Francis X $77,000 Surety Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donlevie Francis X $61,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $102,000 -14.9% --
12/13/2022 12/13/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $119,900 0.0% --
11/01/2022 11/01/22 Pending -- -- --
10/23/2022 10/23/22 For Sale $119,900 +55.7% --
09/15/2021 09/15/21 Sold $77,000 -6.7% -- View Prior Sale
07/08/2021 07/08/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $82,500 -- --
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 $1,230 $45,000 $15,000 $30,000
2024 $1,230 $45,000 $15,000 $30,000
2023 $1,157 $45,000 $15,000 $30,000
2022 $1,157 $45,000 $15,000 $30,000
2021 $973 $37,600 $15,000 $22,600
2020 $974 $37,600 $15,000 $22,600
2019 $972 $37,600 $15,000 $22,600
2018 $990 $37,600 $15,000 $22,600
2017 $996 $37,600 $15,000 $22,600
Source: Public Records

Agents Affiliated with this Home

  • Melissa Anthony

    Seller's Agent in 2022

    Melissa Anthony

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 412-8550

    14 in this area

    104 Total Sales

    Melissa Anthony
    Section Image
  • Lori Dodson King

    Buyer's Agent in 2022

    Lori Dodson King

    OCF REALTY, LLC

    (609) 705-1899

    21 in this area

    160 Total Sales

    Lori Dodson King
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568373

South Jersey Shore Regional MLS

APN: 22-00341-0000-00001-0000-C2207

New Jersey Atlantic County Ventnor City 08406

5510 Marshall Ave Unit V7, Ventnor City, NJ

Not Listed for Sale

Condos

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