NOT LISTED FOR SALE

5745 West Ave Ocean City, NJ 08226

Estimated Value: $888,231 - $1,246,000

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

Last Sold January 26, 2018

Last sale price $520,000

Est. 105% increase in value since last sale

Current estimated payment $6,265/month

112 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1 Car Attached Garage

About This Home

As of January 2018

Gorgeous Southend New Construction. This Custom Built 1st Floor Condo Features: 3 Bedrooms, 2 Baths, Front Deck, Separate Entrances, Separate Garages, Hardwood Flooring in Great Room, Stairs and Hallway, Gourmet Kitchens, Granite Countertops, Back Splash, Up-graded SS Appliances, Gas Heat, C/A, Tiled Shower & Bath, Elevated Vanities in Bathrooms, Tilt-in Windows, Maintenance Free Exterior... Specs & Plans Available. Great Location! (Steps to the Beach) Great Property! (Quality New Construction) Great Price! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 05/26/2017

BHHS FOX and ROACH-Simpson OC

Co-Listed By

James Marshall

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,444

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,701

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,444

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 05/26/2017
  • New Construction: Yes
  • Year Built: 2017
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Mar 7, 2018
Sold by
Malick John M and Malick Patricia D
Bought by
Malick John M and Malick Patricia D
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$1,066,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,558
Avg. Annual Appreciation
9.93%
Original Mortgage
$416,000
Outstanding Balance
$353,124
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,434

Purchase Details

Listed on
May 26, 2017
Closed on
Jan 26, 2018
Sold by
Jwr Properties Llc
Bought by
Dachille David M and Dachille Cheryl L
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$520,000
Sold Price
$520,000

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
Outstanding Balance
$353,124
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,434

Purchase Details

Listed on
May 26, 2017
Closed on
Dec 28, 2017
Sold by
Jwr Properties Llc
Bought by
Malick John and Malick Patricia
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$520,000
Sold Price
$520,000

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
Outstanding Balance
$353,124
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,434

Purchase Details

Listed on
May 4, 2017
Closed on
May 9, 2017
Sold by
May Eugene W and May Donald L
Bought by
Jwr Properties Llc
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$501,500
Sold Price
$501,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
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
Malick John M -- --
Dachille David M $520,000 --
Malick John $565,000 Surety Title Company
Jwr Properties Llc $501,500 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dechille David M $220,000
Closed Dachille David M $226,000
Open Dachille David M $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $520,000 0.0% --
09/15/2017 09/15/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $520,000 +3.7% --
05/19/2017 05/19/17 Sold $501,500 0.0% --
05/05/2017 05/05/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $501,500 -- --
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 $5,444 $485,200 $239,000 $246,200
2024 $5,444 $485,200 $239,000 $246,200
2023 $5,196 $485,200 $239,000 $246,200
2022 $4,993 $485,200 $239,000 $246,200
2021 $4,876 $485,200 $239,000 $246,200
2020 $4,745 $485,200 $239,000 $246,200
2019 $4,692 $485,200 $239,000 $246,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 488011

South Jersey Shore Regional MLS

APN: 08 05703-0000-00005-0000-C1