NOT LISTED FOR SALE

5541 Haven Ave Unit 43 Ocean City, NJ 08226

Estimated Value: $2,181,000

-- Bed
-- Bath
-- Sq Ft
4,617 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $1,062,025

Est. 105% increase in value since last sale

Current estimated payment $12,051/month

Highlights

  • Porch
  • Ocean City Primary School Rated A
  • Baseboard Heating

About This Home

As of September 2021

Great Development Opportunity for this 5 bedroom 2 bath Duplex/Single Family Home, R-2 Zoned, 40x115 foot lot. HOME CANNOT BE SHOWN and is being sold in AS-IS CONDITION for development opportunity. Beautiful street and southend location! Awesome development opportunity for you to build a duplex or single family home. Seller is asking for a fall closing September/October preferably. Home is currently occupied but seller has asked not to have the home shown and prefers to sell as a development opportunity. Call with any questions!

Last Agent to Sell the Property

Kevin Kozak

Compass New Jersey-Ocean City (O463E) Listed on: 05/17/2021

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

MANDI BUKER

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1972

Lot Details

  • 4,617

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Asbestos Siding

Additional Features

  • Porch
  • Lot Dimensions are 40x115
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,313

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 05/17/2021
  • Year Built: 1972
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Porch, Sidewalks
  • Siding Exterior: Asbestos

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 40x115

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Bolanos Vick Luis
Bought by
Volakes Nick S and Volakes Pamela G
Current Estimated Value
$2,181,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$677,561
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2023
Sold by
Bolanos Cristina
Bought by
Hartnell Scott and Hartnell Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$677,561
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2021
Closed on
Sep 30, 2021
Sold by
Becker Elise L and Becker William T
Bought by
Diamante Homes Llc
Seller's Agent
Kevin Kozak
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
MANDI BUKER
BHHS FOX and ROACH-Simpson OC
List Price
$999,000
Sold Price
$1,062,025
Premium/Discount to List
$63,025
6.31%
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
Volakes Nick S $1,303,000 Freedom Title & Abstract
Hartnell Scott $1,699,900 Freedom Title & Abstract
5541-43 Haven Avenue Condominium -- None Listed On Document
Diamante Homes Llc $1,062,025 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volakes Nick S $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $1,062,025 +6.3% --
05/20/2021 05/20/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $999,000 -- --
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
2023 $5,313 $496,100 $496,100 $0
2022 $5,645 $548,600 $496,100 $52,500
2021 $5,018 $548,600 $496,100 $52,500
2020 $5,115 $548,600 $496,100 $52,500
2019 $5,055 $548,600 $496,100 $52,500
2018 $5,006 $548,600 $496,100 $52,500
2017 $4,923 $548,600 $496,100 $52,500
2016 $4,726 $548,600 $496,100 $52,500
2015 $4,660 $548,600 $496,100 $52,500
2014 $4,339 $535,300 $496,100 $39,200
Source: Public Records

Agents Affiliated with this Home

  • Kevin Kozak

    Seller's Agent in 2021

    Kevin Kozak

    Compass New Jersey-Ocean City (O463E)

    (609) 628-3095

    29 in this area

    57 Total Sales

    Kevin Kozak
    Section Image

  • M

    Buyer's Agent in 2021

    MANDI BUKER

    BHHS Fox & Roach

    (609) 330-4876

    1 in this area

    5 Total Sales

    MANDI BUKER
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 550747

South Jersey Shore Regional MLS

APN: 08-05504-0000-00002

New Jersey Cape May County Ocean City 08226

5541 Haven Ave Unit 43, Ocean City, NJ

This home is located at 5541 Haven Ave Unit 43, Ocean City, NJ 08226 since 17 May 2021 and is currently priced at $2,181,000. This property was built in 1972. 5541 Haven Ave Unit 43 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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