NOT LISTED FOR SALE

5514 Suffolk Ct Unit O6 Ventnor City, NJ 08406

Estimated Value: $145,000 - $182,000

2 Beds
1 Bath
-- Sq Ft
0.59 Acres

Last Sold March 31, 2021

Last sale price $80,000

Est. 103% increase in value since last sale

Current estimated payment $989/month

177 Days on Market

Highlights

  • Unit is on the top floor
  • Eat-In Kitchen
  • Hot Water Heating System
  • Wood Flooring
  • Brick Front

About This Home

As of March 2021

Beautiful and bright, 2 bedroom 1 bath condo in Dream Bay! One of the ONLY units with space for a FULL SIZED washer and dryer! Your living room has so much of that Jersey Shore sunlight shining in, you won't even need to turn on a light! Your eat in kitchen also features a full sized washer and dryer! No laundromat or stackable set here! Down the hall you have 2 nice size bedrooms, your full bath with a shower/tub combo, and a balcony off of one of the bedrooms! Dream Bay is conveniently located - just a short drive to all AC and Ventnor beaches have to offer!! What are you waiting for? Come see this as a home for yourself, or as an investment property! These units are very easy to rent!

Last Agent to Sell the Property

Alexis Mccarthy

Keller Williams Realty Jersey Shore-Ocean City License #2075533 Listed on: 08/12/2020

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

Christina Sciarretta

Keller Williams Realty Jersey Shore-Ocean City License #1325659

Last Buyer's Agent

Ginger O'Neill

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #SB-8835814

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1972

Lot Details

  • 0.59

Home Design

  • Brick Front

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Unit is on the top floor

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

Overview

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

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,172

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 08/12/2020
  • Year Built: 1972
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Electric Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Siding Exterior: Brick Face

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Window Units
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
May 6, 2021
Sold by
Brookings Kenton and Brookings Leanna
Bought by
Bajrami Zurhije and Bajrami Ajdar
Seller's Agent
Alexis Mccarthy
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Ginger O'Neill
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$162,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,686
Avg. Annual Appreciation
18.12%
Original Mortgage
$72,000
Outstanding Balance
$65,611
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$100,305

Purchase Details

Closed on
Jul 27, 2009
Sold by
Podolnick Esq Benjamin
Bought by
Brookings Kenton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
5.43%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2006
Sold by
Holguin Luis
Bought by
Aguirre Jorge

Purchase Details

Closed on
Jun 28, 2004
Sold by
Chamish Murray and Chamish Fay
Bought by
Holguin Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,950
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1992
Sold by
Chamish Murray
Bought by
Chamish Murray and Chamish Fay
Source: Public Records

Range of Values:

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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
Bajrami Zurhije $80,000 Surety Title
Brookings Kenton $90,000 Surety Title Agency Of Atlan
Aguirre Jorge $125,000 --
Holguin Luis $95,500 The Title Company Of Jersey
Chamish Murray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajrami Zurhije $72,000
Previous Owner Brookings Kenton $88,369
Previous Owner Holguin Luis $112,000
Previous Owner Holguin Luis $85,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $80,000 -5.9% --
02/05/2021 02/05/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $85,000 +6.3% --
08/19/2020 08/19/20 Off Market $80,000 -- --
08/12/2020 08/12/20 For Sale $85,000 -- --
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 $1,172 $42,900 $15,000 $27,900
2023 $1,103 $42,900 $15,000 $27,900
2022 $1,103 $42,900 $15,000 $27,900
2021 $1,110 $42,900 $15,000 $27,900
2020 $1,112 $42,900 $15,000 $27,900
2019 $1,109 $42,900 $15,000 $27,900
2018 $1,130 $42,900 $15,000 $27,900
2017 $1,136 $42,900 $15,000 $27,900
2016 $1,259 $57,600 $45,000 $12,600
2015 $1,248 $57,600 $45,000 $12,600
2014 $1,369 $66,500 $45,000 $21,500
Source: Public Records

Agents Affiliated with this Home

  • Alexis Mccarthy

    Seller's Agent in 2021

    Alexis Mccarthy

    Keller Williams Realty Jersey Shore-Ocean City

    (856) 449-3598

    1 in this area

    62 Total Sales

    Section Image
  • Christina Sciarretta

    Seller Co-Listing Agent in 2021

    Christina Sciarretta

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 626-4800

    1 in this area

    26 Total Sales

    Section Image
  • Ginger O'Neill

    Buyer's Agent in 2021

    Ginger O'Neill

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 442-9955

    44 in this area

    95 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 540513

South Jersey Shore Regional MLS

APN: 22-00341-0000-00001-0000-C1506

New Jersey Atlantic County Ventnor City 08406

5514 Suffolk Ct Unit O6, Ventnor City, NJ

This home is located at 5514 Suffolk Ct Unit O6, Ventnor City, NJ 08406 since 12 August 2020 and is currently estimated at $165,916. This property was built in 1972. 5514 Suffolk Ct Unit O6 is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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