NOT LISTED FOR SALE

1008 Wesley Ave Unit 509 Ocean City, NJ 08226

Estimated Value: $410,000 - $493,000

1 Bed
1 Bath
-- Sq Ft
0.41 Acres

Last Sold July 14, 2023

Last sale price $395,000

Est. 8% increase in value since last sale

Current estimated payment $2,513/month

14 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Pool View
  • 2-minute walk to North Street Playground

About This Home

As of July 2023

You've arrived! You park in your covered spot and head into one of the best professionally managed properties on the island through the secured portal, just feet from your assigned parking spot. You take the elevator to the top floor and step into an amazingly decorated haven. Drop your gear, suit up and head to the beach, a very short walk. Grab your favorite flavor, Kohr Brothers ice cream, on the way. The sand is warm and water cool. Just as you sit down one of the kids needs to use the restroom. No problem, the brand new public single room rest stops are just a few feet away. After soaking up some sun, you head back, shower the sand off, take a quick dip in the pool, and head up to your home away from home. After a quick lunch in your recently updated kitchen, you close the black out curtains in your bedroom, and take a power nap. Then it is off to shop “The Avenue”. You end up down at 6th street, you have never seen the kids so happy. You go back via the Boards and a quick stop at Wonderland, how appropriately named! You stroll the Boards back to 10th street, pick up a treat at Steel’s Fudge and walk home. It’s the 4th, so you sit out on your very private deck and watch the fireworks. As you slip into your King size bed, you smile thinking pool, beach, or more shopping tomorrow. Do I have my coffee on the deck in the morning and watch the sunrise or walk around the corner to the Starbuck’s? Decisions, decisions! There is only one problem….only one family can own this particular slice of paradise. Will it be yours?

Last Agent to Sell the Property

Don Wristbridge

BHHS FOX and ROACH-Simpson OC License #SB-8646546 Listed on: 06/14/2023

BHHS FOX and ROACH-Simpson OC

Co-Listed By

Beth Wristbridge

BHHS FOX and ROACH-Simpson OC License #2186791

Last Buyer's Agent

Frank Levin

eXp Realty - Ocean City S382K License #SP-9807264

eXp Realty - Ocean City S382K

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1986

Lot Details

  • 0.41

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Pool Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Zoned Heating System
  • Electric Water Heater

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,277

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 06/14/2023
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Pool View, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Pool, Security

Exterior Features

  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned, Carport

Utilities

  • Air Conditioner: Electric, Wall Units
  • Heating: Electric, Forced Air, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Sewer, Trash, Water, Pool
  • Condo Name: Santa Barbara
  • Management: Off-Site Professionals

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Aug 17, 2016
Sold by
Stover John R and Stover Maryann
Bought by
Cathrall Heather M and Cathrall Guy Ryan
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Don Wristbridge
BHHS FOX and ROACH-Simpson OC
List Price
$205,000
Sold Price
$205,000
Total Days on Market
14
Current Estimated Value
$426,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,343
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Nov 7, 2001
Sold by
Bready Daniel S
Bought by
Stover John Rt and Stover Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
6.64%
Source: Public Records

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
Cathrall Heather M $205,000 Attorney
Stover John Rt $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stover John R $110,000
Previous Owner Stover John R $70,000
Previous Owner Stover John Rt $103,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $395,000 +4.0% --
06/28/2023 06/28/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $379,900 +85.3% --
08/26/2016 08/26/16 Sold $205,000 0.0% --
06/25/2016 06/25/16 Pending -- -- --
04/11/2016 04/11/16 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 $2,277 $202,900 $113,700 $89,200
2024 $2,277 $202,900 $113,700 $89,200
2023 $2,173 $202,900 $113,700 $89,200
2022 $2,088 $202,900 $113,700 $89,200
2021 $1,962 $202,900 $113,700 $89,200
2020 $1,984 $202,900 $113,700 $89,200
2019 $1,962 $202,900 $113,700 $89,200
2018 $1,944 $202,900 $113,700 $89,200
2017 $1,913 $202,900 $113,700 $89,200
2016 $1,840 $202,900 $113,700 $89,200
2015 $1,816 $202,900 $113,700 $89,200
2014 $1,790 $202,900 $113,700 $89,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574950

South Jersey Shore Regional MLS

APN: 08-01003-0000-00010-0000-C509