NOT LISTED FOR SALE

1239 Asbury Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $973,000 - $1,036,000

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

Last Sold December 11, 2015

Last sale price $493,298

Est. 104% increase in value since last sale

Current estimated payment $5,791/month

96 Days on Market

Highlights

  • Unit is on the top floor
  • Newly Remodeled
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of December 2015

Brand new construction located in downtown Ocean City! Unit features 3 bedrooms, 2 baths, gas heat, central air, gas log fireplace, hardwood floors, kitchen w/ granite counters, decks, garage and much more! Only few short blocks to the beach and boardwalk, conveniently located to shopping and restaurants. Buy now and make selections and choose colors! Estimated completion, late Fall 2015. First floor also available for sale.

Last Agent to Sell the Property

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC Listed on: 04/26/2015

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Genevieve Hughes

RE/MAX BEACH HOME REALTY License #0335763

RE/MAX BEACH HOME REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,511

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • New Construction: Yes
  • Year Built: 2015
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car, Attached Garage, Auto Door Opener
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Sullivan Daniel and Sullivan Susan
Bought by
Peacock Michael W and Peacock Michelle D
Current Estimated Value
$1,005,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$365,078
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$640,619

Purchase Details

Listed on
Apr 26, 2015
Closed on
Dec 11, 2015
Sold by
Ocean City Development Group Llc
Bought by
Sullivan Daniel and Sullivan Susan
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Genevieve Hughes
RE/MAX BEACH HOME REALTY
List Price
$493,298
Sold Price
$493,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
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
Peacock Michael W $530,000 --
Sullivan Daniel $49,329,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Michael W $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $493,298 0.0% --
07/31/2015 07/31/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $493,298 -- --
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 $5,511 $491,200 $129,000 $362,200
2024 $5,511 $491,200 $129,000 $362,200
2023 $5,261 $491,200 $129,000 $362,200
2022 $5,054 $491,200 $129,000 $362,200
2021 $3,664 $491,200 $129,000 $362,200
2020 $4,804 $491,200 $129,000 $362,200
2019 $4,750 $491,200 $129,000 $362,200
2018 $4,706 $491,200 $129,000 $362,200
2017 $4,632 $491,200 $129,000 $362,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 447159

South Jersey Shore Regional MLS

APN: 08-01204-0000-00007-01-C2