NOT LISTED FOR SALE

1145 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $533,000 - $872,000

2 Beds
1 Bath
-- Sq Ft
2,701 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $343,500

Est. 91% increase in value since last sale

Current estimated payment $3,730/month

Highlights

  • Furnished
  • Ground Level Unit
  • Dining Area
  • Ocean City Primary School Rated A
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of February 2021

Well maintained and commodious 2 bedroom, 1 bath first floor unit, each spacious bedroom offers a large walk in closet, and has plenty of room for bunk beds or multiple beds so as to accommodate more people. With an open concept floor plan, the living/dining area and kitchen can easily entertain your large or small family! Located right off of West avenue, near the best parts of downtown Ocean City, you are just steps away from some of the best restaurants, stores, and beaches! This unit brings in approximately 20k in rental income, with a potential for more and will have the option of coming furnished. Call today to make your appointment!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 11/18/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,896

Lot Details

  • 2,701

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad

Location

  • Ground Level Unit

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

$2,896

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 11/19/2020
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Condo Name: West Ave
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 19, 2021
Sold by
Vignone Christopher
Bought by
Papandrew Nicholas G and Papandrew Tiffany R
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
List Price
$349,900
Sold Price
$343,500
Premium/Discount to List
-$6,400
-1.83%
Current Estimated Value
$655,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,161
Avg. Annual Appreciation
14.95%
Original Mortgage
$309,150
Outstanding Balance
$276,501
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,160

Purchase Details

Listed on
Jul 9, 2019
Closed on
Nov 5, 2019
Sold by
Nguyen Sally H and Boyle Dennis P
Bought by
Vignone Christopher
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.17%

Purchase Details

Closed on
Feb 7, 2018
Sold by
Nguyen Sally
Bought by
Nguyen Sally H and Nguyen Dennis P

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 15, 2015
Sold by
Greenhalgh Richard W and Greenhalgh Kathleen M
Bought by
Nguyen Sally H
Seller's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$120,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2003
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
Papandrew Nicholas G $343,500 Surety Title
Vignone Christopher $250,000 None Available
Nguyen Sally H -- --
Nguyen Sally H $250,000 North American Title Agency
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papandrew Nicholas G $309,150
Previous Owner Nguyen Sally H $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $343,500 -1.8% --
01/03/2021 01/03/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $349,900 +40.0% --
11/08/2019 11/08/19 Sold $250,000 -3.8% -- View Prior Sale
09/28/2019 09/28/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $259,900 -3.7% --
07/12/2019 07/12/19 Price Changed $269,900 -3.6% --
07/09/2019 07/09/19 For Sale $279,900 +12.0% --
06/15/2015 06/15/15 Sold $250,000 0.0% -- View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $250,000 -- --
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 $2,896 $258,100 $144,000 $114,100
2024 $2,896 $258,100 $144,000 $114,100
2023 $2,764 $258,100 $144,000 $114,100
2022 $2,656 $258,100 $144,000 $114,100
2021 $2,594 $258,100 $144,000 $114,100
2020 $2,524 $258,100 $144,000 $114,100
2019 $2,496 $258,100 $144,000 $114,100
2018 $2,473 $258,100 $144,000 $114,100
2017 $2,434 $258,100 $144,000 $114,100
2016 $2,341 $258,100 $144,000 $114,100
2015 $2,310 $258,100 $144,000 $114,100
2014 $2,276 $258,100 $144,000 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 544753

South Jersey Shore Regional MLS

APN: 08-01105-0000-00003-01-C1