NOT LISTED FOR SALE

1207 Asbury Ave Unit 1207 Ocean City, NJ 08226

Estimated Value: $953,433 - $1,034,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold July 03, 2020

Last sale price $590,000

Est. 68% increase in value since last sale

Current estimated payment $5,747/month

20 Days on Market

Highlights

  • New Construction
  • Deck
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage

About This Home

As of July 2020

Centrally located new construction under construction with early spring delivery. Feels like a corner as situated on the oceanside of Asbury Ave next to open lot. Upgraded building offers 3 spacious bedrooms, 2 full baths, gas heat, central air first floor unit. Properties offers open floor plan with front and rear decks, enclosed garage & private entrances. Plans and Specs are in Associated Docs.

Last Agent to Sell the Property

Nicole Presnall

BHHS FOX and ROACH-Simpson OC Listed on: 01/17/2020

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Suzanne Hampton

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,842

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,006

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,842

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 01/17/2020
  • New Construction: Yes
  • Year Built: 2020
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: 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
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Primary Br On 1st Floor
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jul 1, 2020
Sold by
Jwr Properties Llc
Bought by
Weeden Edward A and Weeden Katherine
Seller's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Suzanne Hampton
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Current Estimated Value
$992,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,108
Avg. Annual Appreciation
10.34%
Original Mortgage
$300,000
Outstanding Balance
$266,020
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$726,088
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
Weeden Edward A $590,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weeden Edward A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2020 07/03/20 Sold $590,000 -1.7% --
02/06/2020 02/06/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $599,900 -- --
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
2025 $5,842 $520,700 $129,000 $391,700
2024 $5,842 $520,700 $129,000 $391,700
2023 $5,577 $520,700 $129,000 $391,700
2022 $5,358 $520,700 $129,000 $391,700
2021 $5,228 $520,700 $129,000 $391,700
Source: Public Records

Agents Affiliated with this Home

  • Nicole Presnall

    Seller's Agent in 2020

    Nicole Presnall

    BHHS Fox & Roach

    (609) 827-3119

    68 in this area

    101 Total Sales

    Nicole Presnall
    Section Image
  • Suzanne Hampton

    Buyer's Agent in 2020

    Suzanne Hampton

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (215) 840-3971

    20 in this area

    22 Total Sales

    Suzanne Hampton
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 532565

South Jersey Shore Regional MLS

APN: 08 01204-0000-00014-0000-C1

New Jersey Cape May County Ocean City 08226

1207 Asbury Ave Unit 1207, Ocean City, NJ

This home is located at 1207 Asbury Ave Unit 1207, Ocean City, NJ 08226 since 17 January 2020 and is currently estimated at $992,108. This property was built in 2020. 1207 Asbury Ave Unit 1207 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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