NOT LISTED FOR SALE

5512 Marshall Ave Unit V5 Ventnor City, NJ 08406

Estimated Value: $129,000 - $159,000

1 Bed
1 Bath
-- Sq Ft
0.46 Acres

Last Sold April 29, 2022

Last sale price $88,000

Est. 63% increase in value since last sale

Current estimated payment $885/month

2 Days on Market

About This Home

As of April 2022

Investor Alert! Spacious first floor 1 bedroom, 1 bath unit under $100K!! Condo fees include everything except electric and cable.

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 04/09/2022

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Lori Dodson King

MARCHESE REAL ESTATE, LLC License #2080974

MARCHESE REAL ESTATE, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,036

Lot Details

  • 0.46

Parking

  • 1 Parking Space

Interior Spaces

  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,036

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 04/09/2022
  • 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: Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

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

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Apr 29, 2022
Sold by
Bren Mar Realty Llc
Bought by
Dream Bay Condos 2022 Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Lori Dodson King
MARCHESE REAL ESTATE, LLC
List Price
$90,000
Sold Price
$88,000
Premium/Discount to List
-$2,000
-2.22%
Current Estimated Value
$143,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,114
Avg. Annual Appreciation
18.24%

Purchase Details

Closed on
Jul 30, 2002
Sold by
Weiner Samuel and Rosenau Stanley
Bought by
Bren Mar Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.02%
Source: Public Records

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Range of Values:

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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 $88,000 Madison Title Agency
Bren Mar Realty Llc $46,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Bay Condos 2022 Llc $570,000
Previous Owner Bren Mar Realty Llc $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $88,000 -2.2% --
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $90,000 -- --
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
2024 $1,036 $37,900 $15,000 $22,900
2023 $975 $37,900 $15,000 $22,900
2022 $975 $37,900 $15,000 $22,900
2021 $981 $37,900 $15,000 $22,900
2020 $982 $37,900 $15,000 $22,900
2019 $980 $37,900 $15,000 $22,900
2018 $998 $37,900 $15,000 $22,900
2017 $1,004 $37,900 $15,000 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561637

South Jersey Shore Regional MLS

APN: 22-00341-0000-00001-0000-C2205