NOT LISTED FOR SALE

1320 Ocean Ave Unit 307 Ocean City, NJ 08226

Estimated Value: $353,850 - $423,000

1 Bed
1 Bath
-- Sq Ft
0.41 Acres

Last Sold June 26, 2020

Last sale price $212,000

Est. 84% increase in value since last sale

Current estimated payment $2,226/month

10 Days on Market

Highlights

  • Unit is on the top floor
  • Building is beachfront but unit may not have water views
  • Elevator
  • Ocean City Primary School Rated A
  • Furnished
  • Outdoor Community Showers

About This Home

As of June 2020

Beautifully renovated top floor condo in Ocean Tides. Located just steps from the beach, boardwalk and Ocean City’s best amenities. This fully furnished condo has 1 bedroom, 1 bath, full kitchen, dining area and living room with a sleeper sofa. There is an elevator, outside shower and laundry room on the premises. This unit includes 2 covered off street parking spaces and storage for your beach chairs and bicycles. Great for personal use or as an investment property.

Last Agent to Sell the Property

Ronald Garrison

BHHS FOX and ROACH-109 34th OC License #1973730 Listed on: 05/09/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1965

Lot Details

  • 0.41

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Blinds
  • Dining Area

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Oceantide Condos

Amenities

  • Building Patio
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,929

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 05/09/2020
  • Year Built: 1965
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Elevator, Laundromat On Site, Outside Shower, Patio, Storage Facility

Exterior Features

  • Siding Exterior: Stucco, Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Oceantide
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2022
Sold by
Otca Condominium Assoc
Bought by
Ocean Tides Condominium
Current Estimated Value
$389,213

Purchase Details

Listed on
May 10, 2012
Closed on
May 29, 2013
Sold by
Michalski Robert and Michalski Helena
Bought by
Kane Paul J and Kane Nancy
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$140,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Desalis Anthony V and De Salis Sylvia P
Bought by
Michalski Robert and Michalski Helena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1994
Sold by
Tides Ocean
Bought by
Salis Sylvia P De and Desalis Anthony De
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
Ocean Tides Condominium -- --
Kane Paul J $175,000 Freedom Title & Abstract Com
Michalski Robert $190,000 Infinity Title Agency Inc
Salis Sylvia P De $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kane Paul J $140,000
Previous Owner Michalski Robert $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $212,000 -3.6% --
05/19/2020 05/19/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $219,900 +25.7% --
05/29/2013 05/29/13 Sold $175,000 0.0% -- View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
05/10/2012 05/10/12 For Sale $175,000 -- --
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 $1,929 $171,900 $97,900 $74,000
2024 $1,929 $171,900 $97,900 $74,000
2023 $1,841 $171,900 $97,900 $74,000
2022 $1,769 $171,900 $97,900 $74,000
2021 $1,728 $171,900 $97,900 $74,000
2020 $1,560 $159,500 $97,900 $61,600
2019 $1,542 $159,500 $97,900 $61,600
2018 $1,528 $159,500 $97,900 $61,600
2017 $1,504 $159,500 $97,900 $61,600
2016 $1,447 $159,500 $97,900 $61,600
2015 $1,428 $159,500 $97,900 $61,600
2014 $1,407 $159,500 $97,900 $61,600
Source: Public Records

Agents Affiliated with this Home

  • Ronald Garrison

    Seller's Agent in 2020

    Ronald Garrison

    BHHS Fox & Roach

    (609) 675-6543

    3 Total Sales

    Ronald Garrison
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Jeff Quintin

    Seller's Agent in 2013

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    156 in this area

    500 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536747

South Jersey Shore Regional MLS

APN: 08-01302-0000-00014-0000-C307

New Jersey Cape May County Ocean City 08226

1320 Ocean Ave Unit 307, Ocean City, NJ

This home is located at 1320 Ocean Ave Unit 307, Ocean City, NJ 08226 since 09 May 2020 and is currently estimated at $389,213. This property was built in 1965. 1320 Ocean Ave Unit 307 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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