Seller's Agent in 2019
Damon Bready
BHHS Fox & Roach
(609) 703-3030
39 in this area
151 Total Sales
1144 Asbury Ave Unit 1st Floor Ocean City, NJ 08226
Estimated Value: $723,000 - $1,020,000
3
Beds
2
Baths
--
Sq Ft
3,006
Sq Ft Lot
Highlights
- New Construction
- Wood Flooring
- Great Room
- Ocean City Primary School Rated A
- Ground Level Unit
- Kitchen Island
About This Home
As of October 2019This 3 Bedroom 2 bath 1st floor condo offers LVP floors, quartz counter tops, custom cabinetry and trim, and a separate entrance. After a stroll along the Avenue you can enter this unit from your front porch where you will be welcomed by the spacious Great Room that features a large kitchen, dining and living area. The 3 large bedrooms are situated toward the rear of the property along with the 2 custom tiled bathrooms. The exterior is finished with Premium vinyl siding, double 5, Azek Trim, and vinyl railings for maintenance free living at the shore. Great location for a second home or as an investment property. This unit has the potential to generate $40,000 per year in rental income and is close to some of the Islands top eateries and shops. Starbucks is one block away, Bennies bakery is across the street, Sunrise cafe is also a block away. Furnished photos are from the second floor unit. Property is being sold unfurnished..
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,647
Year Built
- Built in 2019 | New Construction
Lot Details
- 3,006
Parking
- 1 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Gas Log Fireplace
- Family Room with Fireplace
- Great Room
- Wood Flooring
- Washer
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level Unit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2019
Closed on
Oct 11, 2019
Sold by
Cape Atlantic Development
Bought by
Elmwood Developers Llc
Seller's Agent
Damon Bready
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Damon Bready
BHHS FOX and ROACH-Simpson OC
List Price
$559,900
Sold Price
$550,000
Premium/Discount to List
-$9,900
-1.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,754
Avg. Annual Appreciation
8.61%
Original Mortgage
$484,350
Outstanding Balance
$424,315
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$478,439
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elmwood Developers Llc | -- | Shore Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elmwood Developers Llc | $484,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2019 10/11/19 | Sold | $550,000 | -1.8% | -- |
| 10/01/2019 10/01/19 | Pending | -- | -- | -- |
| 10/01/2019 10/01/19 | For Sale | $559,900 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $5,647 | $503,300 | $154,800 | $348,500 |
| 2024 | $5,647 | $503,300 | $154,800 | $348,500 |
| 2023 | $5,390 | $503,300 | $154,800 | $348,500 |
| 2022 | $5,179 | $503,300 | $154,800 | $348,500 |
| 2021 | $5,058 | $503,300 | $154,800 | $348,500 |
Source: Public Records
Agents Affiliated with this Home
-
Damon Bready
Map
Source: South Jersey Shore Regional MLS
MLS Number: 528741
APN: 08 01105-0000-00027-0000-C1
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