NOT LISTED FOR SALE

1121 West Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $712,497 - $955,000

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

Last Sold June 27, 2018

Last sale price $440,000

Est. 92% increase in value since last sale

Current estimated payment $4,887/month

197 Days on Market

Highlights

  • Unit is on the top floor
  • Newly Remodeled
  • Main Floor Bedroom
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of June 2018

JUST COMPLETED New Construction. 2nd Floor 3 Bedrooms 2 Baths. Convenient Downtown Location. Close to Shops and Restaurants. A Short Walk to the Beach and Boardwalk. Quality 2 x 6 Construction. Upgraded Kitchen Cabinets, Granite Counter Tops, Tiled Backsplash, SS Appliance Package, Tiled Baths, Great Room has Wood Look Tile Flooring. Walk In Laundry Room with Pantry. Each Unit has a Separate Entrance/Foyer and a Private Garage. Insurance $1466/per year. Flood Insurance $471/per year.

Last Agent to Sell the Property

Francine Sabella

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 10/25/2017

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Francine Sabella

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 10/25/2017

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,701

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Location

  • Unit is on the top floor

Utilities

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

Community Details

Overview

  • West Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,602

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 10/27/2017
  • New Construction: Yes
  • Year Built: 2017
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top 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
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Pantry

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

  • Condo Name: West Ave
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jun 27, 2018
Sold by
Ocean 1 Investors Llc
Bought by
Premus Maria A
Seller's Agent
Francine Sabella
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Francine Sabella
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$479,000
Sold Price
$440,000
Premium/Discount to List
-$39,000
-8.14%
Current Estimated Value
$846,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,124
Avg. Annual Appreciation
9.42%
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Premus Maria A $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Premus Maria A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $440,000 -3.3% --
05/10/2018 05/10/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $455,000 -0.9% --
03/05/2018 03/05/18 Price Changed $459,000 -2.1% --
02/09/2018 02/09/18 Price Changed $469,000 -2.1% --
10/25/2017 10/25/17 For Sale $479,000 -- --
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 $4,602 $410,200 $115,200 $295,000
2024 $4,602 $410,200 $115,200 $295,000
2023 $4,393 $410,200 $115,200 $295,000
2022 $4,221 $410,200 $115,200 $295,000
2021 $3,060 $410,200 $115,200 $295,000
2020 $4,012 $410,200 $115,200 $295,000
2019 $3,967 $410,200 $115,200 $295,000
Source: Public Records

Agents Affiliated with this Home

  • Francine Sabella

    Seller's Agent in 2018

    Francine Sabella

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 231-7641

    5 in this area

    10 Total Sales

    Francine Sabella
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 496277

South Jersey Shore Regional MLS

APN: 08 01105-0000-00009-0000-C2

New Jersey Cape May County Ocean City 08226

1121 West Ave Unit 2, Ocean City, NJ

This home is located at 1121 West Ave Unit 2, Ocean City, NJ 08226 since 25 October 2017 and is currently estimated at $846,124. This property was built in 2017. 1121 West Ave Unit 2 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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