NOT LISTED FOR SALE

1233 Wesley Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $715,000 - $1,487,000

4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 17, 2019

Last sale price $680,000

Est. 63% increase in value since last sale

Current estimated payment $6,342/month

4 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of May 2019

This well-appointed seashore retreat is located just a short walk in any direction from Ocean City's famed beaches, boardwalk, downtown shopping and cafes. Imagine washing the sand from your feet after a long beach day and relaxing in your spacious living room while dinner is prepared in advance of a night on the boards. A large front porch flanked by classic seashore pinstriped awnings is the perfect entertainment area refreshed by a cooling sea breeze. Perfectly removed from all the brightness an bustle of the boardwalk and rides. You are just far enough away to enjoy peace and quiet when you want it, while close enough to visit Ocean City's main attractions with a quick walk or bike ride. Truly a park-it and leave-it location, there is enough off-street parking to fit one car in the garage and two behind. With a large private storage room available in the garage for all of your bikes, chairs, and beach equipment, 1233 Wesley Ave checks off all the boxes. This property has been an outstanding rental investment with close to $50k in summer rental income potential each year and comes with 11 weeks already booked for 2019 totaling $39,780 so far! Call for your showing today to enjoy the property yourself this summer and collect a handsome income.

Last Agent to Sell the Property

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 04/12/2019

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Nick Marotta

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,647

Year Built

  • Built in 1998

Lot Details

  • 3,485

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In 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

  • Central Air
  • 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

$5,647

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 04/12/2019
  • Year Built: 1998
  • 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, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage

Utilities

  • Air Conditioner: Central
  • Heating: 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), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2022
Sold by
Daniel Bevilacqua Jr and Daniel Rose
Bought by
Daniel V Bevilacqua And Theresa M Bevilacqua
Current Estimated Value
$1,106,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$172,038
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$929,450

Purchase Details

Closed on
Sep 11, 2020
Sold by
Bevilacqua Daniel and Bevilacque Rose
Bought by
1233 Wesley Llc

Purchase Details

Listed on
Feb 14, 2015
Closed on
Jun 1, 2016
Sold by
Sudfeld Herbert K and Sudfeld Mary Jo
Bought by
Rinko Richard A and Rinko Ferris Forman
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$588,000
Sold Price
$588,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Jan 1, 2009
Sold by
Quain William J and Quain Jeanne W
Bought by
Soloski Andrew J and Soloski Diane M

Purchase Details

Closed on
Jul 1, 2008
Sold by
Quain William J and Quain Jeanne W
Bought by
Sudfeld Herbert K and Sudfeld Mary Jo

Purchase Details

Closed on
Jun 17, 2005
Sold by
Phillips Hoyt J and Phillips Elizabeth S
Bought by
Quain William J and Quain Jeanne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,625
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 2002
Sold by
Pellecchia John
Bought by
Phillips Hoyt J and Phillips Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Daniel V Bevilacqua And Theresa M Bevilacqua $680,000 --
1233 Wesley Llc -- Surety Title
Rinko Richard A $588,000 None Available
Soloski Andrew J $205,000 None Available
Sudfeld Herbert K $103,311 None Available
Quain William J $755,500 Ocean City Title Agency
Phillips Hoyt J $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel V Bevilacqua And Theresa M Bevilacqua $180,000
Previous Owner Sudfeld Herbert K $417,000
Previous Owner Sudfeld Herbert K $83,000
Previous Owner Quain William J $585,000
Previous Owner Quain William J $566,625
Previous Owner Phillips Hoyt J $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $680,000 -1.4% --
04/16/2019 04/16/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $689,900 +17.3% --
06/01/2016 06/01/16 Sold $588,000 0.0% --
05/07/2016 05/07/16 Pending -- -- --
02/14/2015 02/14/15 For Sale $588,000 -- --
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 $5,647 $525,600 $249,700 $275,900
2024 $5,647 $525,600 $249,700 $275,900
2023 $5,379 $525,600 $249,700 $275,900
2022 $5,408 $525,600 $249,700 $275,900
2021 $5,282 $525,600 $249,700 $275,900
2020 $5,140 $525,600 $249,700 $275,900
2019 $5,083 $525,600 $249,700 $275,900
2018 $5,035 $525,600 $249,700 $275,900
2017 $4,956 $525,600 $249,700 $275,900
2016 $4,541 $500,700 $249,700 $251,000
2015 $4,481 $500,700 $249,700 $251,000
2014 $4,416 $500,700 $249,700 $251,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Huck

    Seller's Agent in 2019

    Ryan Huck

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-8824

    68 in this area

    91 Total Sales

    Ryan Huck
    Section Image
  • Nick Marotta

    Buyer's Agent in 2019

    Nick Marotta

    BHHS Fox & Roach

    (609) 412-0141

    20 in this area

    25 Total Sales

    Nick Marotta
    Section Image
  • Cheryl Huber

    Seller's Agent in 2016

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    221 in this area

    334 Total Sales

    Cheryl Huber
    Section Image
  • Patrick Halliday

    Buyer's Agent in 2016

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    217 in this area

    363 Total Sales

    Patrick Halliday
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 520718

South Jersey Shore Regional MLS

APN: 08-01202-0000-00003-0000-C1

New Jersey Cape May County Ocean City 08226

1233 Wesley Ave Unit 1, Ocean City, NJ

This home is located at 1233 Wesley Ave Unit 1, Ocean City, NJ 08226 since 12 April 2019 and is currently estimated at $1,106,214. This property was built in 1998. 1233 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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