NOT LISTED FOR SALE

1008 Wesley Ave Unit 408 Ocean City, NJ 08226

Estimated Value: $392,000 - $431,000

1 Bed
1 Bath
-- Sq Ft
0.41 Acres

Last Sold February 20, 2018

Last sale price $192,000

Est. 112% increase in value since last sale

Current estimated payment $2,390/month

1 Day on Market

Highlights

  • Corner Lot
  • Furnished
  • Elevator
  • Ocean City Primary School Rated A
  • Community Pool
  • 2-minute walk to North Street Playground

About This Home

As of February 2018

This one bed, one bath unit in the desirable Santa Barbara South building won't last long! Featuring a great location close to the beach, boardwalk, and downtown, this well maintained building is fully equipped with a pool, elevator, security system, on-site laundromat, property management professionals, and covered parking. Don't miss out on this opportunity, call today to set up a showing appointment!

Last Agent to Sell the Property

MICHAEL BELLETIERI

MONIHAN REALTY License #0788780 Listed on: 01/18/2018

Last Buyer's Agent

MICHAEL BELLETIERI

MONIHAN REALTY License #0788780 Listed on: 01/18/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,126

Lot Details

  • 0.41

Interior Spaces

  • 3-Story Property
  • Furnished

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water
  • Santa Barbara Condos

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,126

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 01/19/2018
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Elevator, Laundromat On Site, Pool, Security

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Santa Barbara
  • Management: Association

Lot Info

  • Location: Corner, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Richard Sloan
Bought by
Heiges Jennifer
Current Estimated Value
$406,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Outstanding Balance
$246,326
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$156,425

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 20, 2018
Sold by
Joan C Davis Est and Formosa Ex Christina
Bought by
Sloan Richard
Seller's Agent
MICHAEL BELLETIERI
MONIHAN REALTY
Buyer's Agent
MICHAEL BELLETIERI
MONIHAN REALTY
List Price
$205,000
Sold Price
$192,000
Premium/Discount to List
-$13,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Nov 8, 1996
Sold by
Brush Gary G
Bought by
Davis Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.81%
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
Heiges Jennifer $328,000 Freedom Title
Heiges Jennifer $328,000 Freedom Title
Sloan Richard $192,000 --
Davis Joan $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heiges Jennifer $262,400
Closed Heiges Jennifer $262,400
Previous Owner Davis Joan $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $192,000 -6.3% --
01/19/2018 01/19/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $205,000 -- --
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 $2,126 $189,500 $113,700 $75,800
2024 $2,126 $189,500 $113,700 $75,800
2023 $2,030 $189,500 $113,700 $75,800
2022 $1,950 $189,500 $113,700 $75,800
2021 $1,414 $189,500 $113,700 $75,800
2020 $1,853 $189,500 $113,700 $75,800
2019 $1,832 $189,500 $113,700 $75,800
2018 $1,815 $189,500 $113,700 $75,800
2017 $1,787 $189,500 $113,700 $75,800
2016 $1,719 $189,500 $113,700 $75,800
2015 $1,696 $189,500 $113,700 $75,800
2014 $1,671 $189,500 $113,700 $75,800
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL BELLETIERI

    Seller's Agent in 2018

    MICHAEL BELLETIERI

    MONIHAN REALTY

    (609) 457-3512

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 499511

South Jersey Shore Regional MLS

APN: 08-01003-0000-00010-0000-C408

New Jersey Cape May County Ocean City 08226

1008 Wesley Ave Unit 408, Ocean City, NJ

This home is located at 1008 Wesley Ave Unit 408, Ocean City, NJ 08226 since 18 January 2018 and is currently estimated at $408,667. 1008 Wesley Ave Unit 408 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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