NOT LISTED FOR SALE

5613 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $688,000 - $898,000

3 Beds
2 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold January 13, 2017

Last sale price $400,000

Est. 97% increase in value since last sale

Current estimated payment $4,538/month

84 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Brick Front
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

Located in the deep south end of Ocean City this "southern bell", with great curb appeal, has never been rented. The pride of ownership shows in every detail of this beautifully maintained,totally renovated, home. Maintenance is easy with cedar shake vinyl siding and vinyl tilt in windows . You'll want to keep it all to yourself but, at only 3 blocks to the beach, the rental potential is amazing. This property is located in Ocean City, New Jersey, America s Greatest Family Resort. Ocean City is a family resort town located on an island along the Atlantic Ocean 15 miles south of Atlantic City. The beaches are lifeguard protected during the summer season and there are dedicated surfing beaches. In addition to the 2.5 mile boardwalk with amusement piers, shopping, restaurants and The Music Pier - an entertainment venue for concerts and other events, there is also the Bay Front area for water sports, fishing charters, boat rentals and a Down Town Shopping District with unique stores, restaurants and of course our Infamous Spring and Fall Block Parties.

Last Agent to Sell the Property

RODERICK MACDONALD, JR

BHHS FOX and ROACH-109 34th OC License #1644328 Listed on: 08/26/2016

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Gray Haenn

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1975

Lot Details

  • 2,701

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Furnished

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • West Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,038

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 08/27/2016
  • Year Built: 1975
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Brick Face, Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Condo Name: West Ave
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Hahn Jeffrey
Bought by
Clair Helene
Current Estimated Value
$789,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Outstanding Balance
$310,728
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$478,639

Purchase Details

Listed on
Aug 26, 2016
Closed on
Jan 13, 2017
Sold by
White Stephen R and White Sandra L
Bought by
Hahn Jeffrey
Seller's Agent
RODERICK MACDONALD, JR
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Gray Haenn
BERGER REALTY-Main
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
White Stephen R and White Sandra L
Bought by
The Stephne R White & Sandra L White Rev

Purchase Details

Closed on
May 31, 1996
Sold by
Mcerlane Chas
Bought by
White Stephen and White Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.91%
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
Clair Helene $466,000 Misc Company
Hahn Jeffrey $400,000 The Title Company Of Jersey
The Stephne R White & Sandra L White Rev -- None Available
White Stephen $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clair Helene $349,500
Previous Owner Hahn Jeffrey $100,000
Previous Owner White Stephen $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $400,000 0.0% --
11/18/2016 11/18/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $400,000 -- --
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 $4,038 $359,900 $239,000 $120,900
2024 $4,038 $359,900 $239,000 $120,900
2023 $3,855 $359,900 $239,000 $120,900
2022 $3,703 $359,900 $239,000 $120,900
2021 $2,685 $359,900 $239,000 $120,900
2020 $3,520 $359,900 $239,000 $120,900
2019 $3,480 $359,900 $239,000 $120,900
2018 $3,448 $359,900 $239,000 $120,900
2017 $3,224 $341,900 $239,000 $102,900
2016 $3,101 $341,900 $239,000 $102,900
2015 $3,060 $341,900 $239,000 $102,900
2014 $3,195 $362,200 $266,400 $95,800
Source: Public Records

Agents Affiliated with this Home

  • RODERICK MACDONALD, JR

    Seller's Agent in 2017

    RODERICK MACDONALD, JR

    BHHS Fox & Roach

    (609) 774-4403

    4 in this area

    4 Total Sales

    RODERICK MACDONALD, JR
    Section Image
  • Gray Haenn

    Buyer's Agent in 2017

    Gray Haenn

    BERGER REALTY-Main

    (215) 421-7609

    142 in this area

    160 Total Sales

    Gray Haenn
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 473642

South Jersey Shore Regional MLS

APN: 08-05603-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

5613 West Ave Unit 1, Ocean City, NJ

This home is located at 5613 West Ave Unit 1, Ocean City, NJ 08226 since 26 August 2016 and is currently estimated at $789,367. This property was built in 1975. 5613 West 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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