NOT LISTED FOR SALE

1348 Asbury Ave Unit B Ocean City, NJ 08226

Estimated Value: $712,534 - $980,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $466,500

Est. 77% increase in value since last sale

Current estimated payment $4,732/month

7 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Emil palmer park

About This Home

As of September 2020

Asbury Avenue Gem under $500,000! This 2nd floor condominium features 3 bedrooms, 2 bathrooms, hardwood floors, kitchen center island, gas log fireplace, gas heat, central air, large covered front deck, garage & off-street parking. Centrally located on Asbury Avenue near stores and shopping. Also convenient to the beach and boardwalk, 1348 Asbury Avenue is perfect for a second home or investment property. Offered furnished and turn key ready. Rental history available. Interior photos will be available starting 7/11.

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 07/07/2020

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 07/07/2020

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 2004

Lot Details

  • 3,006

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,135

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 07/07/2020
  • Year Built: 2004
  • Age: 16 To 20 Years
  • 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, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

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

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Sep 17, 2020
Sold by
Montenegro Herbert A and Montenegro Eleen
Bought by
Weyermann Michael and Weyermann Karin
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$469,900
Sold Price
$466,500
Premium/Discount to List
-$3,400
-0.72%
Current Estimated Value
$827,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,884
Avg. Annual Appreciation
11.94%
Original Mortgage
$419,850
Outstanding Balance
$372,589
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$454,795

Purchase Details

Closed on
Oct 4, 2005
Sold by
Walsh Brian R and Walsh Donna L
Bought by
Montenegro Herbert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2004
Sold by
Jwr Construction Co Inc
Bought by
Walsh Brian R and Walsh Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$759,200
Interest Rate
5.85%
Mortgage Type
Balloon
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
Weyermann Michael $466,500 Surety Title
Montenegro Herbert A $535,000 The Title Company Of Jersey
Walsh Brian R $400,000 The Title Company Of Jersey
Walsh Brian R $390,000 The Title Company Of Jersey
Walsh Brian R $159,000 The Title Company Of Jersey
Jwr Construction Co Inc -- The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weyermann Michael $419,850
Previous Owner Montenegro Herbert A $165,000
Previous Owner Jwr Construction Co Inc $759,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $466,500 -0.7% --
07/14/2020 07/14/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $469,900 -- --
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 $4,135 $368,500 $124,100 $244,400
2024 $4,135 $368,500 $124,100 $244,400
2023 $3,947 $368,500 $124,100 $244,400
2022 $3,792 $368,500 $124,100 $244,400
2021 $2,802 $368,500 $124,100 $244,400
2020 $3,604 $368,500 $124,100 $244,400
2019 $3,563 $368,500 $124,100 $244,400
2018 $3,530 $368,500 $124,100 $244,400
2017 $3,475 $368,500 $124,100 $244,400
2016 $3,342 $368,500 $124,100 $244,400
2015 $3,298 $368,500 $124,100 $244,400
2014 $3,250 $368,500 $124,100 $244,400
Source: Public Records

Agents Affiliated with this Home

  • Burton Wilkins

    Seller's Agent in 2020

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    90 in this area

    186 Total Sales

    Burton Wilkins
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538904

South Jersey Shore Regional MLS

APN: 08-01305-0000-00027-0000-C2

New Jersey Cape May County Ocean City 08226

1348 Asbury Ave Unit B, Ocean City, NJ

This home is located at 1348 Asbury Ave Unit B, Ocean City, NJ 08226 since 07 July 2020 and is currently estimated at $827,384. This property was built in 2004. 1348 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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