NOT LISTED FOR SALE

1343 West Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $850,040 - $1,132,000

2 Beds
1 Bath
-- Sq Ft
2,701 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $280,000

Est. 245% increase in value since last sale

Current estimated payment $5,446/month

105 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Dining Area
  • Ocean City Primary School Rated A
  • Baseboard Heating
  • 4-minute walk to Emil palmer park

About This Home

As of January 2020

Super convenient location to the beach, boardwalk and shopping! Desirable second floor featuring 2 bedrooms, 1 full updated bath! Unit is in great condition! First floor features screened in porch, fiberglass front deck. Second floor features front fiberglass deck and has large rear deck. Concrete walk ways, plenty of parking, great investment opportunity! Outside shower, ceiling fans, shed and more! First floor is also for sale and features screened in porch, fiberglass front deck. Both floors listed for sale. Units are currently rented with yearly leases. Contact agent for lease information.

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 09/21/2019

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Mark Grimes

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,934

Lot Details

  • 2,701

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,934

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 09/26/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Palombo Daniel and Neville David
Bought by
Levine Henry and Levine Francine
Current Estimated Value
$965,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Outstanding Balance
$451,077
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$514,183

Purchase Details

Closed on
Nov 9, 2018
Sold by
Ludwis Francis W
Bought by
Choriw George

Purchase Details

Closed on
Jun 29, 1984
Bought by
Ludwig Francis W and Ludwig Joann
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
Levine Henry $655,000 None Available
Choriw George $410,000 --
Ludwig Francis W $77,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Henry $491,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $280,000 -15.1% --
01/04/2020 01/04/20 Pending -- -- --
11/16/2019 11/16/19 Price Changed $329,900 -5.5% --
09/21/2019 09/21/19 For Sale $349,000 -- --
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 $3,934 $350,600 $211,200 $139,400
2024 $3,934 $350,600 $211,200 $139,400
2023 $3,755 $350,600 $211,200 $139,400
2022 $3,554 $345,400 $211,200 $134,200
2021 $3,471 $345,400 $211,200 $134,200
2020 $3,378 $345,400 $211,200 $134,200
2019 $3,340 $345,400 $211,200 $134,200
2018 $2,409 $251,500 $211,200 $40,300
2017 $2,372 $251,500 $211,200 $40,300
2016 $2,281 $251,500 $211,200 $40,300
2015 $2,251 $251,500 $211,200 $40,300
2014 $2,218 $251,500 $211,200 $40,300
Source: Public Records

Agents Affiliated with this Home

  • Dean Chorin

    Seller's Agent in 2020

    Dean Chorin

    BHHS Fox & Roach

    (609) 602-0313

    145 in this area

    178 Total Sales

    Dean Chorin
    Section Image
  • Mark Grimes

    Buyer's Agent in 2020

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528492

South Jersey Shore Regional MLS

APN: 08-01305-0000-00007

New Jersey Cape May County Ocean City 08226

1343 West Ave Unit 2, Ocean City, NJ

This home is located at 1343 West Ave Unit 2, Ocean City, NJ 08226 since 21 September 2019 and is currently estimated at $965,260. 1343 West Ave Unit 2 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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