NOT LISTED FOR SALE

5545 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $871,028 - $1,196,000

3 Beds
2 Baths
1,144 Sq Ft
3,006 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $545,000 $476 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,050/month

12 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of January 2017

This home is located at 5545 Asbury Ave Unit 1, Ocean City, NJ 08226 since 09 November 2016 and is currently estimated at $1,056,257, approximately $923 per square foot. This property was built in 1994. 5545 Asbury 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.

Last Agent to Sell the Property

JOSEPH SHEPPARD

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson Listed on: 11/09/2016

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1994

Lot Details

  • 3,006

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Pad
  • Driveway

Outdoor Features

  • Property is near a beach

Location

  • Ground Level Unit
  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5-c1 / 5502

Community Details

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Recreation

  • Outdoor Shower

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,149

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 08-Ocean City
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1994
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • Second Address Number: 5545
  • Price per Sq Ft: 476.4
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1994

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1144
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: Carport, Parking Pad, 3 Car, Concrete Driveway, Other

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: 1st Floor
  • Common Area Features: Storage Facilities, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 5-c1
  • Total Assessment: 457500

Tax Info

  • Taxes: 4149
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
White Stephen R and White Sandra L
Bought by
Stephen R White And Sandra L White Revocable and White
Current Estimated Value
$1,056,257

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 10, 2017
Sold by
Barry Kevin and Barry Kathleen
Bought by
White Stephen R and White Sandra L
Seller's Agent
JOSEPH SHEPPARD
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Dec 6, 2002
Sold by
Walsh Jean T
Bought by
Barry Kevin and Barry Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,900
Interest Rate
6.34%
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
Stephen R White And Sandra L White Revocable -- None Listed On Document
White Stephen R $545,000 Trident Land Transfer Co
Barry Kevin $434,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barry Kevin $347,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $545,000 -0.7% $476 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $549,000 -- $480 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $5,132 $457,400 $283,500 $173,900
2024 $5,132 $457,400 $283,500 $173,900
2023 $4,899 $457,400 $283,500 $173,900
2022 $4,707 $457,400 $283,500 $173,900
2021 $3,412 $457,400 $283,500 $173,900
2020 $4,473 $457,400 $283,500 $173,900
2019 $4,423 $457,400 $283,500 $173,900
2018 $4,382 $457,400 $283,500 $173,900
2017 $4,313 $457,400 $283,500 $173,900
2016 $4,149 $457,400 $283,500 $173,900
2015 $4,094 $457,400 $283,500 $173,900
2014 $4,034 $457,400 $283,500 $173,900
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH SHEPPARD

    Seller's Agent in 2017

    JOSEPH SHEPPARD

    BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

    (609) 602-0501

    76 in this area

    94 Total Sales

    JOSEPH SHEPPARD
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 173309

Cape May County Association of REALTORS®

APN: 08-05502-0000-00005-0000-C1

New Jersey Cape May County Ocean City 08226

5545 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 5545 Asbury Ave Unit 1, Ocean City, NJ 08226 since 09 November 2016 and is currently estimated at $1,056,257, approximately $923 per square foot. This property was built in 1994. 5545 Asbury 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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