NOT LISTED FOR SALE

1340 Asbury Ave Unit B Ocean City, NJ 08226

Estimated Value: $822,213 - $974,000

3 Beds
2 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold June 17, 2021

Last sale price $599,990

Est. 45% increase in value since last sale

Current estimated payment $4,955/month

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Great Room
  • 5-minute walk to Emil palmer park

About This Home

As of June 2021

Very spacious, 3 bedroom condo with big, covered front porch, elevator and parking. Premiere downtown block, strong rental income & super close to everything. Host a front row event to those special Ocean City events: Annual Doo Dah parade, block party, Halloween and old fashioned Christmas parade. Features include: quartz countertops, handicap access, fireplace, his /her closets, oversized bathrooms, wood flooring, crown molding, recessed lighting & rear deck with covered exit to parking.

Last Agent to Sell the Property

Stacy Demcher

Keller Williams Realty Jersey Shore-Ocean City Listed on: 03/01/2021

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

John Walton

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Patrick Kasenenko

CENTURY 21 ALLIANCE-O1O4J

CENTURY 21 ALLIANCE-O1O4J

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,212

Lot Details

  • 6,011

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Handicap Accessible
  • Deck

Community Details

Overview

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

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,212

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 03/01/2021
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Elevator, Enclsd/Covered Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Sewer, Trash, Water

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Elevator, Fireplace(s), Handicap Features, Hardwood Floors, Kitchen Center Island, Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 17, 2021
Sold by
Yaramishyn Kathryn E
Bought by
Storch Jeffrey and Storch Melissa
Seller's Agent
Stacy Demcher
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Patrick Kasenenko
CENTURY 21 ALLIANCE-O1O4J
List Price
$599,990
Sold Price
$599,990
Current Estimated Value
$868,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,313
Avg. Annual Appreciation
8.93%

Purchase Details

Listed on
Feb 10, 2017
Closed on
Jul 13, 2017
Sold by
Young Paul and Young Karen
Bought by
Yarmishyn Kathryn E
Seller's Agent
Jeffrey Bowdler
BERKSHIRE HATHAWAY HS FOX & ROACH oc109
Buyer's Agent
JOSEPH SHEPPARD
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
List Price
$419,000
Sold Price
$380,000
Premium/Discount to List
-$39,000
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$304,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2005
Sold by
Boyars Market Llc
Bought by
Young Paul and Young Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Storch Jeffrey $599,990 Misc Company
Storch Jeffrey $599,990 None Listed On Document
Yarmishyn Kathryn E $380,000 None Available
Young Paul $472,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yarmishyn Kathryn E $304,000
Previous Owner Young Paul $424,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $599,990 0.0% --
04/20/2021 04/20/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $599,990 +57.9% --
07/13/2017 07/13/17 Sold $380,000 -9.3% -- View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $419,000 -- --
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 $4,212 $375,400 $117,500 $257,900
2024 $4,212 $375,400 $117,500 $257,900
2023 $4,021 $375,400 $117,500 $257,900
2022 $3,863 $375,400 $117,500 $257,900
2021 $3,773 $375,400 $117,500 $257,900
2020 $3,671 $375,400 $117,500 $257,900
2019 $3,630 $375,400 $117,500 $257,900
2018 $3,596 $375,400 $117,500 $257,900
2017 $3,540 $375,400 $117,500 $257,900
2016 $3,405 $375,400 $117,500 $257,900
2015 $3,360 $375,400 $117,500 $257,900
2014 $3,311 $375,400 $117,500 $257,900
Source: Public Records

Agents Affiliated with this Home

  • Stacy Demcher

    Seller's Agent in 2021

    Stacy Demcher

    Keller Williams Realty Jersey Shore-Ocean City

    (610) 662-0919

    65 in this area

    91 Total Sales

    Stacy Demcher
    Section Image
  • John Walton

    Seller Co-Listing Agent in 2021

    John Walton

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 338-7667

    55 in this area

    74 Total Sales

    John Walton
    Section Image
  • Patrick Kasenenko

    Buyer's Agent in 2021

    Patrick Kasenenko

    CENTURY 21 ALLIANCE-O1O4J

    (877) 489-0234

    9 in this area

    46 Total Sales

    Patrick Kasenenko
    Section Image

  • J

    Seller's Agent in 2017

    Jeffrey Bowdler

    BERKSHIRE HATHAWAY HS FOX & ROACH oc109

    (609) 513-9745

    11 in this area

    34 Total Sales

    Jeffrey Bowdler
    Section Image
  • JOSEPH SHEPPARD

    Buyer's Agent in 2017

    JOSEPH SHEPPARD

    BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

    (609) 602-0501

    76 in this area

    95 Total Sales

    JOSEPH SHEPPARD
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547730

South Jersey Shore Regional MLS

APN: 08-01305-0000-00025-0000-C2

New Jersey Cape May County Ocean City 08226

1340 Asbury Ave Unit B, Ocean City, NJ

This home is located at 1340 Asbury Ave Unit B, Ocean City, NJ 08226 since 01 March 2021 and is currently estimated at $868,303. 1340 Asbury Ave Unit B 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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