NOT LISTED FOR SALE

Estimated Value: $529,000 - $640,000

2 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold December 11, 2023

Last sale price $514,000

Est. 16% increase in value since last sale

Current estimated payment $3,866/month

42 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Furnished
  • Building is beachfront but unit may not have water views
  • Deck
  • Community Pool

About This Home

As of December 2023

NEW PRICE!! Come live at the beach like royalty at the fabulous 5000 Boardwalk Condominium known as the “Queen of the Boardwalk”. Amenities include pool, gym, security, front desk service, beachchair service, 24 hour maintenance, along with social activities, many conveniences and a wonderful, helpful, friendly staff. This well maintained mini two bedroom, with two full baths is located on a rarely offered high floor. Enjoy the wide panorama of ocean and bay views, and spectacular sunrises by day, and the lights of the Casinos by night from the large balcony of this tastefully fully furnished condo with a spacious open floor plan. The light filled living room offers plenty of room to entertain while gazing over the coastal views, while the upgraded kitchen with white cabinets, and newer appliances such as the refrigerator and dishwasher, is sure to please. The master bedroom is amazing with its oversized dimensions, and plenty of closet space. The den/office/ bedroom provides the ideal flexible living solution. Take a walk, bike ride, or just sit and relax in the pavilion on the only non-commercial boardwalk in the state of New Jersey. Located in a very walkable neighborhood close to restaurants, the new Ventnor Square Theatre and Nucky’s Bistro, fishing, surfing, boating, Valet parking available. Utilities included in the condo fee.

Last Listed By

Rochelle Levine

BHHS FOX and ROACH-Margate License #1220666 Listed on: 09/21/2023

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,567

Year Built

  • 1960

Lot Details

  • 0.31

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Furnished
  • Blinds
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cable TV Available

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, gas, hot water, air conditioning, heat, cable, pool
  • 5000 Boardwalk Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Community Deck or Porch
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,567

Year Built

1960

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Also Includes: Blinds, Furnished
  • Lvt Date: 09/21/2023
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: Auction
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built (Public Record): 1960

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Laundromat On Site, Outside Shower, Patio, Pool, Security

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Garage: One Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water, Gas, Hot Water, Air Conditioning, Heat, Cable, Pool
  • Condo Name: 5000 Boardwalk
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Dec 7, 2023
Sold by
Kline Jerome N and Kline Cynthia M
Bought by
Greenblatt Samuel J and Greenblatt Barbara Hope
Seller's Agent
Rochelle Levine
BHHS FOX and ROACH-Margate
Buyer's Agent
PATRICIA RUGGIERO
MARCHESE REAL ESTATE
List Price
$549,900
Sold Price
$514,000
Premium/Discount to List
-$35,900
-6.53%
Total Days on Market
42
Views
98
Current Estimated Value
$595,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,728
Avg. Annual Appreciation
7.73%
Original Mortgage
$462,600
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 10, 2009
Sold by
Kline Jerome N and Kline Cynthia
Bought by
Kline Jerome N and Kline Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2002
Sold by
Gelnick Ira
Bought by
Kline Jerome N and Goldenberg Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Sold by
Gosin Stephen
Bought by
Gelnik Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 1998
Sold by
Gosin Robert C
Bought by
Gosin Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

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
Greenblatt Samuel J $514,000 American Land Title
Kline Jerome N -- Commonwealth Land Title Insu
Kline Jerome N $208,000 Fidelity National Title Ins
Gelnik Ira $140,000 --
Gosin Stephen -- The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenblatt Samuel J $400,000
Previous Owner Greenblatt Samuel J $462,600
Previous Owner Kline Jerome N $157,500
Previous Owner Kline Jerome N $166,400
Previous Owner Gelnik Ira $30,000
Previous Owner Gelnik Ira $107,100
Previous Owner Gosin Stephen $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $514,000 +1.0% --
11/02/2023 11/02/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $509,000 -3.8% --
10/08/2023 10/08/23 Price Changed $529,000 -3.8% --
09/21/2023 09/21/23 For Sale $549,900 -- --
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
2024 $6,567 $240,300 $130,000 $110,300
2023 $6,181 $240,300 $130,000 $110,300
2022 $6,181 $240,300 $130,000 $110,300
2021 $6,219 $240,300 $130,000 $110,300
2020 $6,226 $240,300 $130,000 $110,300
2019 $6,212 $240,300 $130,000 $110,300
2018 $6,330 $240,300 $130,000 $110,300
2017 $6,363 $240,300 $130,000 $110,300
2016 $5,791 $264,900 $165,000 $99,900
2015 $5,738 $264,900 $165,000 $99,900
2014 $5,454 $264,900 $165,000 $99,900
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 578041

South Jersey Shore Regional MLS

APN: 22-00005-0000-00001-0000-C1812