NOT LISTED FOR SALE

1229 Wesley Ave Ocean City, NJ 08226

Estimated Value: $1,716,874 - $2,280,000

5 Beds
3.5 Baths
-- Sq Ft
5,271 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $980,000

Est. 92% increase in value since last sale

Current estimated payment $11,120/month

95 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Outdoor Community Showers

About This Home

As of March 2018

Absolutely perfect mint A+++ condition. We dare you to find a FLAW. Incredible huge (2100 sq. ft.) gorgeous 5 Bedroom 3.5 Bath 1st Floor Condo. This High-end beauty features: Hardwood flooring in Great Room, gourmet Kitchen with granite counter-tops, tiled Back-splash, gigantic center island, SS appliances, very large front & rear Decks, tiled shower/tubs in all 3 Bathrooms, elevated vanities all with granite tops. Large Master Suite plus Jr. Master Suite, private entrance & garage, beautifully furnished and decorated. Current Sellers purchased this property as new constructions just a few months ago but have decided to move to a property on the beach. Great opportunity for next Buyer to get a almost brand new property fully furnished and decorated, all the work is done. Why buy new construction with the additional expense of furnishing it?

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 12/01/2017

Last Buyer's Agent

Gloria Votta

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,118

Year Built

  • Built in 2016

Lot Details

  • 5,271

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • 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
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,118

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 12/01/2017
  • Year Built: 2016
  • Age: 0 To 1 Year
  • 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room, Pantry, Primary Br On 1st Floor
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Mar 23, 2018
Sold by
H & K Property Mgmt
Bought by
Burkholder Karen A
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Gloria Votta
BHHS FOX and ROACH-Simpson OC
List Price
$999,900
Sold Price
$980,000
Premium/Discount to List
-$19,900
-1.99%
Current Estimated Value
$1,886,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$906,219
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Jwr Properties Llc
Bought by
H And K Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
1.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Burkholder Karen A $980,000 --
H And K Property Management Llc $950,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkholder Matthew V $500,000
Closed Burkholder Matthew V $499,200
Closed Burkholder Matthew V $499,200
Previous Owner H & K Property Management Llc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $980,000 -2.0% --
03/06/2018 03/06/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $999,900 +11.1% --
05/05/2015 05/05/15 Sold $900,000 0.0% --
03/21/2015 03/21/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $900,000 -- --
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 $10,118 $901,800 $390,200 $511,600
2024 $10,118 $901,800 $390,200 $511,600
2023 $9,658 $901,800 $390,200 $511,600
2022 $9,280 $901,800 $390,200 $511,600
2021 $9,063 $901,800 $390,200 $511,600
2020 $8,820 $901,800 $390,200 $511,600
2019 $8,720 $901,800 $390,200 $511,600
2018 $8,639 $901,800 $390,200 $511,600
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2018

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    184 in this area

    194 Total Sales

    Robert Gullo
    Section Image
  • Gloria Votta

    Buyer's Agent in 2018

    Gloria Votta

    BHHS Fox & Roach

    (609) 425-6614

    27 in this area

    35 Total Sales

    Gloria Votta
    Section Image
  • Joseph Jauss, Iii

    Seller's Agent in 2015

    Joseph Jauss, Iii

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 231-6209

    30 in this area

    30 Total Sales

    Joseph Jauss, Iii
    Section Image
  • Michael Contino

    Buyer's Agent in 2015

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    371 in this area

    428 Total Sales

    Michael Contino
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497756

South Jersey Shore Regional MLS

APN: 08-01202-0000-00004-0000-C1

New Jersey Cape May County Ocean City 08226

1229 Wesley Ave, Ocean City, NJ

This home is located at 1229 Wesley Ave, Ocean City, NJ 08226 since 01 December 2017 and is currently estimated at $1,886,219. This property was built in 2016. 1229 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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