NOT LISTED FOR SALE

829 5th St Unit 1 Ocean City, NJ 08226

Estimated Value: $1,176,010 - $1,341,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $735,000

Est. 70% increase in value since last sale

Current estimated payment $7,144/month

Highlights

  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • 4-minute walk to Lake Memorial Park

About This Home

As of December 2020

Beach-block, 4 bedroom, 2 bath, 1st floor with views of the boardwalk!! Newer kitchen with granite and beautiful back-splash. Newer bathrooms, both with double sinks! Fabulous location, steps off the beach and boardwalk. Large front porch with retractable awning, plenty of parking, newer floors and carpet, and storage. Perfect 2nd home, just bring your bags! This property has an impressive rental history. Immaculate, a must see!! Hurry, won't last!

Last Agent to Sell the Property

Donna Ang

FOX REAL ESTATE-Brighton Listed on: 08/31/2020

Last Buyer's Agent

ANTHONY CANNATA

RE/MAX AT THE SHORE License #SP-8840720

RE/MAX AT THE SHORE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,113

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Great Room
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

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

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,113

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 08/31/2020
  • Number Of Levels In Unit: Two
  • 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, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), 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
Aug 31, 2020
Closed on
Dec 18, 2020
Sold by
Angelastro John F
Bought by
Largay James A and Largay Betty G
Seller's Agent
Donna Ang
FOX REAL ESTATE-Brighton
Buyer's Agent
ANTHONY CANNATA
RE/MAX AT THE SHORE
List Price
$779,900
Sold Price
$735,000
Premium/Discount to List
-$44,900
-5.76%
Current Estimated Value
$1,251,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,503
Avg. Annual Appreciation
12.06%
Original Mortgage
$400,000
Outstanding Balance
$357,756
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$908,940

Purchase Details

Closed on
Jul 9, 2008
Sold by
Angelastro John F and Angelastro Michelle D
Bought by
Angelastro John F

Purchase Details

Closed on
Oct 28, 2005
Sold by
Driscoll Dorothy T
Bought by
Angelastro John F and Angelastro Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 2, 2001
Sold by
Harris Donald W
Bought by
Driscoll Dorothy

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
6.82%
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
Largay James A $735,000 Surety Title
Angelastro John F -- None Available
Angelastro John F $770,000 --
Driscoll Dorothy $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Largay James A $400,000
Previous Owner Angelastro John F $616,000
Previous Owner Driscoll Dorothy $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $735,000 -3.3% --
11/02/2020 11/02/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $759,900 -2.6% --
08/31/2020 08/31/20 For Sale $779,900 -- --
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 $6,113 $544,800 $336,600 $208,200
2024 $6,113 $544,800 $336,600 $208,200
2023 $5,835 $544,800 $336,600 $208,200
2022 $5,606 $544,800 $336,600 $208,200
2021 $3,839 $514,600 $336,600 $178,000
2020 $5,033 $514,600 $336,600 $178,000
2019 $4,976 $514,600 $336,600 $178,000
2018 $4,930 $514,600 $336,600 $178,000
2017 $4,853 $514,600 $336,600 $178,000
2016 $4,667 $514,600 $336,600 $178,000
2015 $4,606 $514,600 $336,600 $178,000
2014 $4,539 $514,600 $336,600 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541385

South Jersey Shore Regional MLS

APN: 08-00403-0000-00028-0000-C1