5516 West Ave Unit 18 Ocean City, NJ 08226
Estimated Value: $937,744 - $1,089,000
--
Bed
--
Bath
1,156
Sq Ft
$875/Sq Ft
Est. Value
About This Home
This home is located at 5516 West Ave Unit 18, Ocean City, NJ 08226 and is currently estimated at $1,011,186, approximately $874 per square foot. 5516 West Ave Unit 18 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
Jan 11, 2005
Sold by
Hangfive Llc
Bought by
Spence David and Spence Barbara
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,920
Outstanding Balance
$210,217
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$800,969
Purchase Details
Closed on
Mar 29, 2004
Sold by
Simon Claire M
Bought by
Hang Five Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Spence David | $549,900 | Commonwealth Land Title Insu | |
Hang Five Llc | $580,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Spence David | $439,920 |
Source: Public Records
Tax History Compared to Growth
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 | $5,332 | $475,200 | $226,800 | $248,400 |
2024 | $5,332 | $475,200 | $226,800 | $248,400 |
2023 | $5,089 | $475,200 | $226,800 | $248,400 |
2022 | $4,890 | $475,200 | $226,800 | $248,400 |
2021 | $3,545 | $475,200 | $226,800 | $248,400 |
2020 | $4,647 | $475,200 | $226,800 | $248,400 |
2019 | $4,595 | $475,200 | $226,800 | $248,400 |
2018 | $4,552 | $475,200 | $226,800 | $248,400 |
2017 | $4,481 | $475,200 | $226,800 | $248,400 |
2016 | $4,310 | $475,200 | $226,800 | $248,400 |
2015 | $4,253 | $475,200 | $226,800 | $248,400 |
2014 | $4,191 | $475,200 | $226,800 | $248,400 |
Source: Public Records
Map
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