NOT LISTED FOR SALE

1220 Asbury Ave Unit A Ocean City, NJ 08226

Estimated Value: $1,155,000

3 Beds
2 Baths
1,200 Sq Ft
$962/Sq Ft Est. Value

About This Home

This home is located at 1220 Asbury Ave Unit A, Ocean City, NJ 08226 and is currently priced at $1,155,000, approximately $962 per square foot. 1220 Asbury Ave Unit A 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
1220 Asbury Ave Jv Llc
Bought by
Fountas Richard and Burke Thomas A
Current Estimated Value
$1,155,000

Purchase Details

Closed on
Aug 27, 2010
Sold by
Orbann Richard
Bought by
Fountas Richard and Burke Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2008
Sold by
Murray Dennis P and Murray Ruth A
Bought by
Orbann Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1997
Sold by
Browne Marion A Gibson
Bought by
Murray Dennis P and Murray Ruth A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fountas Richard -- Surety Title
1220 Asbury Conrominium -- Surety Title
1220A Asbury Llc -- Surety Title
Fountas Richard $522,500 First American Title Ins Co
Orbann Richard $298,000 Shore Title Agency Inc
Murray Dennis P $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fountas Richard $417,000
Previous Owner Orbann Richard $170,000
Source: Public Records

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
2023 $2,533 $236,500 $236,500 $0
2022 $4,376 $435,400 $236,500 $198,900
2021 $4,376 $435,400 $236,500 $198,900
2020 $4,258 $435,400 $236,500 $198,900
2019 $4,210 $435,400 $236,500 $198,900
2018 $4,171 $435,400 $236,500 $198,900
2017 $4,106 $435,400 $236,500 $198,900
2016 $3,949 $435,400 $236,500 $198,900
2015 $3,897 $435,400 $236,500 $198,900
2014 $3,840 $435,400 $236,500 $198,900
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

1220 Asbury Ave Unit A, Ocean City, NJ

This home is located at 1220 Asbury Ave Unit A, Ocean City, NJ 08226 and is currently priced at $1,155,000, approximately $962 per square foot. 1220 Asbury Ave Unit A 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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