NOT LISTED FOR SALE

113 Central Ave Unit 15 Ocean City, NJ 08226

Estimated Value: $1,172,000

4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $859,900

Est. 36% increase in value since last sale

Current estimated payment $7,416/month

Highlights

  • Cathedral Ceiling
  • Ground Level Unit
  • Dining Area
  • Ocean City Primary School Rated A
  • Central Air

About This Home

As of June 2022

Fantastic opportunity to own a townhouse style unit at America's Greatest Family Resort! Quiet, Northend location close to downtown, boardwalk and some of the finest beaches. This 4BR 2BA unit has been completely updated and is ready for someone who is looking for a second home or to add to their investment portfolio as this large 4BR has the potential to bring in great weekly rentals. The updates include the following: On the first floor you'll find all new luxury vinyl flooring upon entry and down the hallway, 3 ample size bedrooms with new carpet and fresh paint and a completely redone full bath and laundry area. The upper level features an open layout with an inviting living space and new sliders that lead to your front deck, a brand new kitchen with state of the art appliances, new cabinetry and counter tops, eating area, luxury vinyl flooring and fresh paint. Finishing off the upper level is the primary suite with ample closet space and full bath with a dual vanity and tiled shower. Other key updates include new maintenance free vinyl siding, new decking, new windows, new HVAC, new paver walkways, fencing and new concrete for off street parking. This unit is ready for you to take on Summer 2022!

Last Agent to Sell the Property

Brian Collini

COLLINI REAL ESTATE, LLC Listed on: 05/05/2022

COLLINI REAL ESTATE, LLC

Last Buyer's Agent

Cynda Hollenbaugh

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,560

Lot Details

  • 3,920

Parking

  • Parking Pad

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,560

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 05/05/2022
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Second Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Parking Pad

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Campbell Diane M
Bought by
Govern Rodney and Govern Nicole
Current Estimated Value
$1,172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$663,255
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 25, 2022
Sold by
Baruffi Builders Llc
Bought by
Campbell Diane M
Seller's Agent
Brian Collini
COLLINI REAL ESTATE, LLC
Buyer's Agent
Cynda Hollenbaugh
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$859,900
Sold Price
$859,900

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 30, 2022
Sold by
Baruffi Builders Llc
Bought by
Murphy Kevin T and Murphy Michele A
Seller's Agent
Brian Collini
COLLINI REAL ESTATE, LLC
Buyer's Agent
Cynda Hollenbaugh
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$859,900
Sold Price
$859,900

Purchase Details

Listed on
Aug 7, 2021
Closed on
Jan 21, 2022
Sold by
D & D Kuzmicz Construction Llc
Bought by
Baruffi Builders Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Brian Collini
COLLINI REAL ESTATE, LLC
List Price
$1,199,900
Sold Price
$995,000
Premium/Discount to List
-$204,900
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.23%
Original Mortgage
$765,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jul 29, 2021
Sold by
North Warren E and Shirk Susan N
Bought by
D & D Kuzmicz Const Llc
Seller's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$879,900
Sold Price
$880,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.16%
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
Govern Rodney $850,000 Surety Title
Campbell Diane M $845,000 Freedom Title & Abstract
Murphy Kevin T $859,900 Teitler Avery S
113-115 Central Avenue Condominium -- Fidelity National Title
Baruffi Builders Llc $995,000 Landis Title
D & D Kuzmicz Const Llc $880,000 Freedom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govern Rodney $680,000
Closed Govern Rodney $680,000
Previous Owner Baruffi Builders Llc $765,000
Previous Owner North Warren E $410,000
Previous Owner North Warren E $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $859,900 0.0% --
05/17/2022 05/17/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $859,900 -13.6% --
01/21/2022 01/21/22 Sold $995,000 -17.1% --
11/30/2021 11/30/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $1,199,900 +36.4% --
07/30/2021 07/30/21 Sold $880,000 0.0% --
05/08/2021 05/08/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $879,900 -- --
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
2022 $5,560 $540,300 $351,000 $189,300
2021 $5,430 $540,300 $351,000 $189,300
2020 $5,284 $540,300 $351,000 $189,300
2019 $5,225 $540,300 $351,000 $189,300
2018 $5,176 $540,300 $351,000 $189,300
2017 $5,095 $540,300 $351,000 $189,300
2016 $4,901 $540,300 $351,000 $189,300
2015 $4,836 $540,300 $351,000 $189,300
2014 $4,765 $540,300 $351,000 $189,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 562634

South Jersey Shore Regional MLS

APN: 08 00106-0000-00010- 01