NOT LISTED FOR SALE

5633 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,081,117 - $1,278,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold May 18, 2023

Last sale price $984,000

Est. 18% increase in value since last sale

Current estimated payment $6,796/month

4 Days on Market

Highlights

  • Water Views
  • Recreation Room
  • Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Entrance Foyer

About This Home

As of May 2023

The search for your dream home ends here!  Come see this gorgeous 1st floor, 3 bed, 2 bath condo located on a quiet street, less than one block's walking distance to the beach, a short stroll to the 55th street eateries and 52nd street playground! Amenities feature vinyl siding, newer roof, front and side entrances, large front covered porch with awnings, attached garage with plenty of storage and parking, enclosed outside shower, bright and airy interior with plank flooring, gas fireplace, newer HVAC, modern kitchen with custom cabinetry, quartz countertops, stainless steel appliances, new electronic blinds, updated baths, ocean view from the rear deck and so much more. It's easy to tell this spotless home is not used as a rental. Act now to enjoy the summer! Hurry this one won't last!!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 04/03/2023

Last Buyer's Agent

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,270

Year Built

  • Built in 2006

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,270

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 04/03/2023
  • Year Built: 2006
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Dining Room, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Foyer, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 11, 2023
Sold by
Fisher Anne L
Bought by
Taylor William J and Taylor Kathleen H
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$949,000
Sold Price
$984,000
Premium/Discount to List
$35,000
3.69%
Views
26
Current Estimated Value
$1,160,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,279
Avg. Annual Appreciation
6.87%
Original Mortgage
$738,000
Outstanding Balance
$718,909
Interest Rate
6.35%
Estimated Equity
$428,964

Purchase Details

Closed on
Sep 1, 2015
Sold by
Joy Beaudoin Charles and Joy Adam
Bought by
Godwin Jay and Godin Mariann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2013
Sold by
Joy Beaudoin Charles and Joy Adam
Bought by
Joy Beaudoin Charles and Joy Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Island Developers Llc
Bought by
Beaudoin Charles and Beaudoin Joy Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Island Developers Llc
Bought by
The Smith Family Trust

Purchase Details

Closed on
Dec 15, 2004
Sold by
Vollmer Lydia B
Bought by
Island Developers Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Taylor William J $984,000 Freedom Title
Godwin Jay $520,000 Attorney
Joy Beaudoin Charles -- First American Title Ins Co
Beaudoin Charles $625,000 None Available
The Smith Family Trust $770,000 --
Island Developers Llc $932,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor William J $738,000
Previous Owner Godwin Jay $416,000
Previous Owner Joy Beaudoin Charles $411,000
Previous Owner Beaudoin Charles $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $984,000 +3.7% --
04/07/2023 04/07/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $949,000 -- --
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 $6,270 $558,800 $283,500 $275,300
2024 $6,270 $558,800 $283,500 $275,300
2023 $5,762 $538,000 $283,500 $254,500
2022 $5,536 $538,000 $283,500 $254,500
2021 $4,009 $538,000 $283,500 $254,500
2020 $5,262 $538,000 $283,500 $254,500
2019 $5,202 $538,000 $283,500 $254,500
2018 $5,154 $538,000 $283,500 $254,500
2017 $5,073 $538,000 $283,500 $254,500
2016 $4,880 $538,000 $283,500 $254,500
2015 $4,815 $538,000 $283,500 $254,500
2014 $4,745 $538,000 $283,500 $254,500
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2023

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    72 in this area

    78 Total Sales

    Matthew Bader
    Section Image
  • Peter Madden

    Buyer's Agent in 2023

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    132 in this area

    155 Total Sales

    Peter Madden
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572702

South Jersey Shore Regional MLS

APN: 08-05602-0000-00008-0000-C1

New Jersey Cape May County Ocean City 08226

5633 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 5633 Asbury Ave Unit 1, Ocean City, NJ 08226 since 03 April 2023 and is currently estimated at $1,160,279. This property was built in 2006. 5633 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.

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