NOT LISTED FOR SALE

1207 Wesley Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $955,000 - $1,365,000

4 Beds
2 Baths
-- Sq Ft
3,659 Sq Ft Lot

Last Sold December 19, 2014

Last sale price $575,000

Est. 103% increase in value since last sale

Current estimated payment $6,688/month

50 Days on Market

Highlights

  • Furnished
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Kitchen Island
  • Ceiling Fan

About This Home

As of December 2014

Great Rental Opportunity! This First Floor Condo Located On Wesley Avenue Features 4 Bedrooms, 2 Full Baths, Open Kitchen with Center Island, Dining Area and Living Room with Fireplace. The Outside Features a Large Front Deck with Awnings and Front Entrance, Outside Shower, Back Porch, Garage and Extra Off Street Parking. Excellent Rental History, Currently Rented Weekly Through September 2014.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 09/30/2014

BHHS FOX and ROACH-109 34th OC

Co-Listed By

Clark Hindelang

BHHS FOX and ROACH-109 34th OC License #1110663

Last Buyer's Agent

Don Wristbridge

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 2001

Lot Details

  • 3,659

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,282

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Year Built: 2001
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 19, 2014
Sold by
Iacovitti Lenita D
Bought by
Corrin John B and Corrin Nora A
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Don Wristbridge
BHHS FOX and ROACH-Simpson OC
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$1,166,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,102
Avg. Annual Appreciation
6.75%
Original Mortgage
$350,000
Outstanding Balance
$269,083
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$897,019

Purchase Details

Closed on
Apr 17, 2001
Sold by
Jwr Construction Co Inc
Bought by
Iacovitti Lenita D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.85%
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
Corrin John B $575,000 Old Republic National Title
Iacovitti Lenita D $362,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrin John B $350,000
Previous Owner Iacovitti Lenita D $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $575,000 0.0% --
11/19/2014 11/19/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $575,000 -- --
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 $6,282 $559,900 $265,300 $294,600
2024 $6,282 $559,900 $265,300 $294,600
2023 $5,997 $559,900 $265,300 $294,600
2022 $5,761 $559,900 $265,300 $294,600
2021 $4,177 $559,900 $265,300 $294,600
2020 $5,476 $559,900 $265,300 $294,600
2019 $5,414 $559,900 $265,300 $294,600
2018 $5,364 $559,900 $265,300 $294,600
2017 $5,280 $559,900 $265,300 $294,600
2016 $5,078 $559,900 $265,300 $294,600
2015 $5,011 $559,900 $265,300 $294,600
2014 $4,938 $559,900 $265,300 $294,600
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Phillips

    Seller's Agent in 2014

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    187 in this area

    274 Total Sales

    Dorothy Phillips
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Clark Hindelang

    BHHS Fox & Roach

    (609) 335-1544

    1 in this area

    2 Total Sales

    Clark Hindelang
    Section Image
  • Don Wristbridge

    Buyer's Agent in 2014

    Don Wristbridge

    BHHS Fox & Roach

    (609) 377-7376

    11 in this area

    29 Total Sales

    Don Wristbridge
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 436741

South Jersey Shore Regional MLS

APN: 08-01202-0000-00011-0000-C1

New Jersey Cape May County Ocean City 08226

1207 Wesley Ave Unit 1, Ocean City, NJ

This home is located at 1207 Wesley Ave Unit 1, Ocean City, NJ 08226 since 30 September 2014 and is currently estimated at $1,166,102. This property was built in 2001. 1207 Wesley Ave Unit 1 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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