NOT LISTED FOR SALE

1316 Ocean Ave Unit 1316 Ocean City, NJ 08226

Estimated Value: $1,163,000 - $1,650,851

4 Beds
3 Baths
-- Sq Ft
6,752 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $880,000

Est. 54% increase in value since last sale

Current estimated payment $7,834/month

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • Den

About This Home

As of November 2020

LOCATION! LOCATION! LOCATION! This 2nd Floor Condo is situated ACROSS from the beach and boardwalk and has stunning ocean views! Step into this oversized unit which features an open layout with spacious dining room, kitchen with breakfast bar that leads to the living room. 4 Bedrooms with 3 full bathrooms, 2 are ensuite. Amenities include newer carpeting, tile flooring, gas fireplace, gas heat and central air. Rear Porch and incredible front porch to soak up the ocean views, boardwalk and salt air! Exterior highlights include, rear alley access, parking for two and outside shower. This unit is being sold fully furnished and carries excellent rental history! Incredible location, and incredible price! Sale of property is subject to condo conversion. Adjoining 3 Units also available for sale. Still able to purchase the building as a whole.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 07/09/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kathryn Landwehr

Century 21 Action Plus Realty - Northfield

Century 21 Action Plus Realty - Northfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,444

Year Built

  • Built in 2002

Lot Details

  • 6,752

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Carpet
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,444

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished
  • Year Built: 2002
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: Two Car, Assigned, 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

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Multi Family

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $880,000 -2.1% --
10/20/2020 10/20/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $899,000 -10.0% --
07/30/2020 07/30/20 Price Changed $999,000 -2.5% --
07/09/2020 07/09/20 For Sale $1,025,000 -- --
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 $8,444 $752,600 $352,100 $400,500
2024 $8,444 $752,600 $352,100 $400,500
2023 $8,060 $752,600 $352,100 $400,500
2022 -- $752,600 $352,100 $400,500
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Phillips

    Seller's Agent in 2020

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    188 in this area

    274 Total Sales

    Dorothy Phillips
    Section Image
  • Kathryn Landwehr

    Buyer's Agent in 2020

    Kathryn Landwehr

    Century 21 Action Plus Realty - Northfield

    (609) 442-2843

    10 in this area

    73 Total Sales

    Kathryn Landwehr
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539018

South Jersey Shore Regional MLS

APN: 08 01302-0000-00013-0000-C1316

New Jersey Cape May County Ocean City 08226

1316 Ocean Ave Unit 1316, Ocean City, NJ

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