NOT LISTED FOR SALE

1320 Ocean Ave Unit 311 Ocean City, NJ 08226

Estimated Value: $359,017 - $395,000

1 Bed
1 Bath
-- Sq Ft
0.41 Acres

Last Sold October 16, 2020

Last sale price $224,000

Est. 67% increase in value since last sale

Current estimated payment $2,133/month

Highlights

  • Water Views
  • Unit is on the top floor
  • Deck
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • End Unit

About This Home

As of October 2020

Completely renovated 1 BR 1 BA condo only steps to the beach and boardwalk! This top floor condo has views of the ocean and located on the end of the building directly next to the quiet elevator! Unit features living and dining area, fully equipped kitchen w/ granite counter tops and stainless steel appliances. Exterior features elevator, enclosed shower, convenient 2 car parking right next to the building, storage for bikes and chairs, patio and laundry room. Condo comes fully furnished and has great rental potential!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 08/31/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Gary Jessel

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1965

Lot Details

  • Building is beachfront but unit may not have water views
  • End Unit

Home Design

  • Vinyl Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Carpet
  • Water Views

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

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

Amenities

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

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,790

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Furnished
  • Lvt Date: 08/31/2020
  • Year Built: 1965
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Storage Facility

Exterior Features

  • Siding Exterior: Stone, Stucco, Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Master Bath, Wall To Wall Carpet

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
$374,254

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 16, 2020
Sold by
Pidgeon John B
Bought by
Scherf William A and Scherf Judith A
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
List Price
$224,000
Sold Price
$224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$174,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2017
Sold by
Noto Jason R and Noto Heather L
Bought by
Pidgeon John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2015
Closed on
Jul 15, 2016
Sold by
Delawrence Christopher H and Delawrence Elizabeth
Bought by
Noto Jason R and Noto Heather L
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$188,000
Sold Price
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$150,400
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 12, 2015
Sold by
Miller Suzanne B and Wright Sandra J
Bought by
Delawrence Christopher H and Delawrence Elizabeth
Seller's Agent
TANYA PINKERTON
BERGER REALTY-Main
Buyer's Agent
TANYA PINKERTON
BERGER REALTY-Main
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Pachell Edward and Pachell Patricia
Bought by
Kroetz Grace and Pachell Robert

Purchase Details

Closed on
Oct 30, 2008
Sold by
Miller Joan C
Bought by
Miller Suzanne B and Dellemonache Kenneth D

Purchase Details

Closed on
May 2, 2003
Sold by
Miller Joan C
Bought by
Wright Sandra J and Miller Joan C

Purchase Details

Closed on
Apr 25, 1994
Sold by
Tides Ocean
Bought by
Mazzorella Louis J
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 -- --
Scherf William A $224,000 Misc Company
Pidgeon John B $199,900 None Available
Noto Jason R $188,000 None Available
Delawrence Christopher H $155,000 North American Title
Kroetz Grace -- None Available
Miller Suzanne B -- None Available
Wright Sandra J -- --
Mazzorella Louis J $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherf William A $174,000
Previous Owner Pidgeon John B $159,920
Previous Owner Noto Jason R $150,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $224,000 0.0% --
09/04/2020 09/04/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $224,000 +19.1% --
07/15/2016 07/15/16 Sold $188,000 0.0% -- View Prior Sale
05/28/2016 05/28/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $188,000 +21.3% --
03/12/2015 03/12/15 Sold $155,000 0.0% -- View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $155,000 -- --
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 $1,790 $159,500 $97,900 $61,600
2024 $1,790 $159,500 $97,900 $61,600
2023 $1,708 $159,500 $97,900 $61,600
2022 $1,641 $159,500 $97,900 $61,600
2021 $1,190 $159,500 $97,900 $61,600
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

  • Cheryl Huber

    Seller's Agent in 2020

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    212 in this area

    317 Total Sales

    Cheryl Huber
    Section Image
  • Gary Jessel

    Buyer's Agent in 2020

    Gary Jessel

    FOX REAL ESTATE-Brighton

    (877) 626-5369

    43 in this area

    44 Total Sales

    Gary Jessel
    Section Image
  • DEBORAH LONGENECKER

    Seller Co-Listing Agent in 2016

    DEBORAH LONGENECKER

    BHHS Fox & Roach

    (908) 432-9181

    2 in this area

    8 Total Sales

    DEBORAH LONGENECKER
    Section Image
  • Burton Wilkins

    Buyer's Agent in 2016

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    90 in this area

    186 Total Sales

    Burton Wilkins
    Section Image

  • T

    Seller's Agent in 2015

    TANYA PINKERTON

    BERGER REALTY-Main

    (609) 442-0418

    9 in this area

    11 Total Sales

    TANYA PINKERTON
    Section Image
  • David Zelinski

    Seller Co-Listing Agent in 2015

    David Zelinski

    BERGER REALTY-E

    (609) 425-8891

    26 in this area

    31 Total Sales

    David Zelinski
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541389

South Jersey Shore Regional MLS

APN: 08-01302-0000-00014-0000-C311

New Jersey Cape May County Ocean City 08226

1320 Ocean Ave Unit 311, Ocean City, NJ

This home is located at 1320 Ocean Ave Unit 311, Ocean City, NJ 08226 since 31 August 2020 and is currently estimated at $374,254. This property was built in 1965. 1320 Ocean Ave Unit 311 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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