NOT LISTED FOR SALE

5621 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $561,000 - $904,000

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

Last Sold January 04, 2021

Last sale price $535,000

Est. 39% increase in value since last sale

Current estimated payment $4,320/month

Highlights

  • Main Floor Bedroom
  • Furnished
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of January 2021

Great opportunity to finally own in the "Deep Southend" of Ocean City- located 2 blocks to the Ocean- and only .8 tenths of a mile to Corson's State Park with a beach and boat launch for fishing or crabbing- exploring/trail hiking - kayaking with launch area or just relaxing in the natural surroundings- This property offers 3 bedrooms and 2 full Baths- tastefully decorated and completely furnished- FA Elec. HP Heat and Central AC - outside shower - outside storage area - off-street parking- covered front porch- New Roof - Maintenance free Carolina Bead Siding. Enjoy the quietness this area brings to it's owners and guests- if you know the area then you just know!!! The pictures tell the story!!! Great opportunity- great location - great price - will not last with features like this!!! Call listing agent for details and to schedule your private appointment- easy to show and appointment is needed.

Last Agent to Sell the Property

WILLIAM MACK, JR.

BHHS FOX and ROACH-109 34th OC Listed on: 10/02/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,208

Lot Details

  • 2,701

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Great Room
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Parking Pad
  • Off-Site Parking
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,208

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 10/03/2020
  • Age: 25+ Years
  • 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: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Master Br On 1st Floor
  • Common Area Features: Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned, Parking Pad, Off Site Parking

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Management: Association, Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 12, 2021
Sold by
Seybert Robert and Seybert Maureen
Bought by
Mayer Gregory R and Mayer Evelyn
Seller's Agent
WILLIAM MACK, JR.
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Current Estimated Value
$745,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,630
Avg. Annual Appreciation
7.22%
Original Mortgage
$428,000
Outstanding Balance
$382,134
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$363,496

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 23, 2020
Sold by
Seybert Robert and Seybert Maureen
Bought by
Mayer Gregory R and Mayer Evelyn
Seller's Agent
WILLIAM MACK, JR.
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$382,134
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$363,496

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 31, 2014
Sold by
Rabena Joseph G and Rabena Marie
Bought by
Seybert Robert and Seybert Maureen
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jeremy Kershbaumer
Compass New Jersey-Ocean City (O463E)
List Price
$383,000
Sold Price
$383,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$344,700
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Maltese Richard
Bought by
Rebena Rabena Maltese Llc

Purchase Details

Closed on
Jan 31, 2003
Sold by
Maltese Rabena Rabena
Bought by
Rabena Joseph and Rabena Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.99%

Purchase Details

Closed on
May 23, 1997
Sold by
Bodin Patricia N
Bought by
Maltese Richard and Maltese Rabena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.08%
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
Mayer Gregory R $535,000 None Listed On Document
Mayer Gregory R $535,000 Misc Company
Seybert Robert $383,000 Fidelity Natl Title Ins Co
Rebena Rabena Maltese Llc -- --
Rabena Joseph -- --
Maltese Richard $126,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Gregory R $428,000
Previous Owner Mayer Gregory R $428,000
Previous Owner Seybert Robert $344,700
Previous Owner Rabena Joseph $275,000
Previous Owner Maltese Richard $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold $535,000 -2.7% --
12/02/2020 12/02/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $549,900 0.0% --
10/15/2020 10/15/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $549,900 +43.6% --
10/30/2014 10/30/14 Sold $383,000 0.0% -- View Prior Sale
09/13/2014 09/13/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $383,000 -- --
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 $4,208 $375,000 $239,000 $136,000
2024 $4,208 $375,000 $239,000 $136,000
2023 $4,016 $375,000 $239,000 $136,000
2022 $3,859 $375,000 $239,000 $136,000
2021 $2,798 $375,000 $239,000 $136,000
2020 $3,668 $375,000 $239,000 $136,000
2019 $3,626 $375,000 $239,000 $136,000
2018 $3,593 $375,000 $239,000 $136,000
2017 $3,536 $375,000 $239,000 $136,000
2016 $3,401 $375,000 $239,000 $136,000
2015 $3,356 $375,000 $239,000 $136,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    WILLIAM MACK, JR.

    BHHS Fox & Roach

    (609) 425-3425

    18 in this area

    46 Total Sales

    WILLIAM MACK, JR.
    Section Image
  • JOSEPH SHEPPARD

    Buyer's Agent in 2021

    JOSEPH SHEPPARD

    BHHS Fox & Roach

    (609) 602-0501

    76 in this area

    93 Total Sales

    JOSEPH SHEPPARD
    Section Image
  • Brian Logue

    Seller Co-Listing Agent in 2014

    Brian Logue

    BHHS Fox & Roach

    (609) 827-0820

    117 in this area

    202 Total Sales

    Brian Logue
    Section Image
  • Jeremy Kershbaumer

    Buyer's Agent in 2014

    Jeremy Kershbaumer

    Compass New Jersey-Ocean City (O463E)

    (609) 367-3669

    38 in this area

    76 Total Sales

    Jeremy Kershbaumer
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543042

South Jersey Shore Regional MLS

APN: 08-05603-0000-00008-0000-C1

New Jersey Cape May County Ocean City 08226

5621 West Ave Unit 1, Ocean City, NJ

This home is located at 5621 West Ave Unit 1, Ocean City, NJ 08226 since 02 October 2020 and is currently estimated at $745,630. 5621 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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