NOT LISTED FOR SALE

1205 Wesley Ave Ocean City, NJ 08226

Estimated Value: $1,647,000 - $2,380,000

6 Beds
5.5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $2,080,000

Current estimated payment $12,261/month

49 Days on Market

Highlights

  • New Construction
  • Deck
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of June 2023

Location...location...location! Stunning 6 bedroom home with 5 full baths and powder room. Single family gem with three-stories of expansive living in this custom home. First floor hosts your large living room with gas fireplace & dining room, fully equipped kitchen with center island including additional seating and plenty of room to entertain guests, powder room & access to front deck to enjoy morning coffee. Also one spacious bedroom & private bathroom. Second floor boasts 3 bedrooms & 3 bathrooms, including the master with a deck off the front and other bedroom with deck off the back. Third floor is topped off with 2 more bedrooms and full bath. Custom upgrades include elevator & roof top deck. Steps to the beach and boardwalk, this is the home ready for the large family to make memories for years to come and generations to grow old with Ocean City traditions. This home has money maker potential if you are looking for a great rental investment!

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 03/25/2023

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,783

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 25 x 105

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,783

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 03/25/2023
  • New Construction: Yes
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch, Patio
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 25 X 105
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Jun 15, 2023
Sold by
V2 Properties Entity 7 Llc
Bought by
Anderson Property Rentals Llc
Seller's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$2,179,900
Sold Price
$2,080,000
Premium/Discount to List
-$99,900
-4.58%
Views
363
Current Estimated Value
$2,086,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,355
Avg. Annual Appreciation
0.13%
Original Mortgage
$1,456,000
Outstanding Balance
$1,417,066
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$669,289

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 18, 2021
Sold by
Washart Martin B Est
Bought by
V2 Prop Entity 7 Llc
Seller's Agent
ROBIN PARRIS
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$999,000
Sold Price
$999,999
Premium/Discount to List
$999
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.21%
Original Mortgage
$1,305,000
Interest Rate
2.8%
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
Anderson Property Rentals Llc $2,080,000 Foundation Title
Anderson Property Rentals Llc $2,080,000 Foundation Title
V2 Prop Entity 7 Llc $999,999 Freedom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Property Rentals Llc $1,456,000
Closed Anderson Property Rentals Llc $1,456,000
Previous Owner V2 Prop Entity 7 Llc $1,305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $2,080,000 -0.9% --
05/13/2023 05/13/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $2,099,900 -1.4% --
04/17/2023 04/17/23 Price Changed $2,129,900 -2.3% --
03/25/2023 03/25/23 For Sale $2,179,900 +118.0% --
08/18/2021 08/18/21 Sold $999,999 +0.1% -- View Prior Sale
06/21/2021 06/21/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $999,000 -- --
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 $14,783 $1,317,600 $476,900 $840,700
2024 $14,783 $1,317,600 $476,900 $840,700
2023 $5,108 $476,900 $476,900 $0
2022 $5,727 $556,600 $476,900 $79,700
2021 $5,594 $556,600 $476,900 $79,700
2020 $4,944 $556,600 $476,900 $79,700
2019 $4,882 $556,600 $476,900 $79,700
2018 $4,832 $556,600 $476,900 $79,700
2017 $4,749 $556,600 $476,900 $79,700
2016 $4,548 $556,600 $476,900 $79,700
2015 $4,482 $556,600 $476,900 $79,700
2014 $4,409 $556,600 $476,900 $79,700
Source: Public Records

Agents Affiliated with this Home

  • Dean Chorin

    Seller's Agent in 2023

    Dean Chorin

    BHHS Fox & Roach

    (609) 602-0313

    144 in this area

    175 Total Sales

    Dean Chorin
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • ROBIN PARRIS

    Seller's Agent in 2021

    ROBIN PARRIS

    BHHS Fox & Roach

    (609) 425-2804

    10 in this area

    35 Total Sales

    ROBIN PARRIS
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572405

South Jersey Shore Regional MLS

APN: 08-01202-0000-00012

New Jersey Cape May County Ocean City 08226

1205 Wesley Ave, Ocean City, NJ

This home is located at 1205 Wesley Ave, Ocean City, NJ 08226 since 25 March 2023 and is currently estimated at $2,086,355. This property was built in 2022. 1205 Wesley Ave 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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