NOT LISTED FOR SALE

5537 Bay Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $995,127 - $1,210,000

4 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold April 18, 2019

Last sale price $540,000

Est. 101% increase in value since last sale

Current estimated payment $6,216/month

7 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

Beautiful, large four bedroom deep south end first floor condo. Hardwood flooring throughout living spaces. Kitchen has stainless appliance package with custom backsplash and granite countertops. Extra high eleven foot ceilings in the combination living, dining and kitchen areas. Two full baths, dual sinks in master bath with custom walk in shower. Relax with your coffee or after the beach on the oversized rear deck, which is off the rear two bedrooms. Eight years young, better than new with freshly painted neutral colors throughout. Easy walk to beach with light traffic in the south end. Low flood and insurance costs which are split between the two units.

Last Agent to Sell the Property

KURT BLICKLE

WEICHERT REALTORS ASBURY GROUP-OC License #1860346 Listed on: 02/26/2019

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

MARGARET A. Sgalio

Compass Real Estate-Sea Isle License #8033970

Compass Real Estate-Sea Isle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 2011

Lot Details

  • 4,617

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, taxes
  • Bay Ave Condos

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,401

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Partially Furnished, Rugs
  • Lvt Date: 02/26/2019
  • Year Built: 2011
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Taxes
  • Condo Name: Bay Ave
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2011
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Blickle Kurt S and Walker Anne M
Current Estimated Value
$1,083,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Outstanding Balance
$271,492
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$811,790
Source: Public Records

Range of Values:

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Average Value
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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
Blickle Kurt S $489,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blickle Kurt S $391,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $540,000 -1.6% --
02/26/2019 02/26/19 For Sale $549,000 -- --
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
2025 $5,401 $481,400 $223,200 $258,200
2024 $5,401 $481,400 $223,200 $258,200
2023 $5,156 $481,400 $223,200 $258,200
2022 $4,954 $481,400 $223,200 $258,200
2021 $3,591 $481,400 $223,200 $258,200
2020 $4,708 $481,400 $223,200 $258,200
2019 $4,655 $481,400 $223,200 $258,200
2018 $4,612 $481,400 $223,200 $258,200
2017 $4,540 $481,400 $223,200 $258,200
2016 $4,366 $481,400 $223,200 $258,200
2015 $4,309 $481,400 $223,200 $258,200
2014 $4,246 $481,400 $223,200 $258,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    KURT BLICKLE

    Weichert Corporate

    (215) 771-4615

    KURT BLICKLE
    Section Image

  • M

    Buyer's Agent in 2019

    MARGARET A. Sgalio

    Compass Real Estate-Sea Isle

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 518303

South Jersey Shore Regional MLS

APN: 08-05506-0000-00003-0000-C1

New Jersey Cape May County Ocean City 08226

5537 Bay Ave Unit 1, Ocean City, NJ

This home is located at 5537 Bay Ave Unit 1, Ocean City, NJ 08226 since 26 February 2019 and is currently estimated at $1,083,282. This property was built in 2011. 5537 Bay Ave Unit 1 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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