NOT LISTED FOR SALE

5641 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $786,000 - $986,000

3 Beds
2 Baths
-- Sq Ft
4,051 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $435,000

Est. 98% increase in value since last sale

Current estimated payment $4,980/month

92 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Great Room
  • Kitchen Island

About This Home

As of September 2018

Deep south end Elevated 3 bedroom 2 bath on an oversized lot, tons of parking, Front and rear decks, gas heat central ac, fireplace, Large great room, good size bedrooms, covered parking, storage room, outside enclosed shower. 4 houses to beach! Close to Corson's Inlet state park

Last Agent to Sell the Property

Scott Kirkpatrick

BHHS FOX and ROACH-Simpson OC Listed on: 05/07/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

WILLIAM MACK, JR.

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 1986

Lot Details

  • 4,051

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 5603 / 4.01

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,069

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 05/07/2018
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Wood Burning
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars, Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Lot Number: 5603

Rental Info

  • Pets: Yes

Tax Info

  • Year: 17
  • Taxes: 4069

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 11, 2018
Sold by
John F Mcquillan
Bought by
Kay Leslie and Begley Maryellen
Seller's Agent
Scott Kirkpatrick
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
WILLIAM MACK, JR.
BHHS FOX and ROACH-109 34th OC
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%
Current Estimated Value
$859,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,964
Avg. Annual Appreciation
10.15%
Original Mortgage
$348,000
Outstanding Balance
$306,020
Interest Rate
4.9%
Estimated Equity
$553,944

Purchase Details

Closed on
Jul 5, 1991
Sold by
Fischer James A and Fischer Deborah
Bought by
Mcquillan John F and Mcquillan Virginia
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
Kay Leslie $435,000 --
Mcquillan John F $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay Leslie $348,000
Closed Kay Leslie --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $435,000 -3.3% --
08/07/2018 08/07/18 Pending -- -- --
06/23/2018 06/23/18 Price Changed $450,000 -6.1% --
05/07/2018 05/07/18 For Sale $479,000 -- --
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 $4,841 $431,500 $298,000 $133,500
2024 $4,841 $431,500 $298,000 $133,500
2023 $4,621 $431,500 $298,000 $133,500
2022 $4,440 $431,500 $298,000 $133,500
2021 $3,219 $431,500 $298,000 $133,500
2020 $4,220 $431,500 $298,000 $133,500
2019 $4,173 $431,500 $298,000 $133,500
2018 $4,134 $431,500 $298,000 $133,500
2017 $4,069 $431,500 $298,000 $133,500
2016 $3,914 $431,500 $298,000 $133,500
2015 $3,862 $431,500 $298,000 $133,500
2014 $4,107 $465,600 $332,100 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 504987

South Jersey Shore Regional MLS

APN: 08-05603-0000-00004-01-C1