NOT LISTED FOR SALE

1401 Ocean Ave Unit 203 Ocean City, NJ 08226

Estimated Value: $508,000 - $713,000

1 Bed
1 Bath
-- Sq Ft
0.34 Acres

Last Sold January 03, 2023

Last sale price $499,000

Est. 22% increase in value since last sale

Current estimated payment $3,713/month

3 Days on Market

Highlights

  • Water Views
  • Unit is on the top floor
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • Great Room

About This Home

As of January 2023

Well maintained ocean front unit with fantastic ocean, boardwalk and beach views. Located at the South-end of Boardwalk commercial section at 14th and Boardwalk, Beaches Condominiums have it all with pool, elevator, cable, wireless internet and off street assigned parking included in your monthly fees. Use as a family get away or an investment property - excellent rental history available 0n request. Property is being sold "AS Is".

Last Listed By

EARL AXELSON

GRACE REALTY - B License #0455161 Listed on: 11/14/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1989

Lot Details

  • 0.34

Property Views

  • Water
  • Pool

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Shades
  • Blinds
  • Great Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance, sewer, trash, water, pool
  • Beaches Condos

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pet Restriction

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,654

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Rugs, Shades
  • Lvt Date: 11/14/2022
  • Year Built: 1989
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Pool View, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Deck/Porch, Elevator, Outside Shower, Pool

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car, Assigned, Carport

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Boardwalk Front, Docks, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Elevator

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 3, 2023
Sold by
Harbour Enterprise Llc
Bought by
Zaleski Stanley J and Zaleski Elaine M
Seller's Agent
EARL AXELSON
GRACE REALTY - B
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$499,000
Sold Price
$499,000
Total Days on Market
3
Views
53
Current Estimated Value
$608,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,921
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Jun 4, 2016
Closed on
Aug 8, 2016
Sold by
Jeuell Albert V and Jeuell Joyce V
Bought by
Harbour Enterpirse Llc
Seller's Agent
Ken Sedberry
BERGER REALTY-Main
Buyer's Agent
EARL AXELSON
GRACE REALTY - B
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
May 11, 2010
Sold by
Mccaughey George D and Scardigli Karen M
Bought by
Jeuell Albert V and Jeuell Joyce V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.12%
Mortgage Type
New Conventional

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
Zaleski Stanley J $499,000 --
Harbour Enterpirse Llc $399,900 None Available
Jeuell Albert V $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeuell Albert V $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $499,000 0.0% --
11/17/2022 11/17/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $499,000 +24.8% --
08/08/2016 08/08/16 Sold $399,900 0.0% --
06/08/2016 06/08/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $399,900 -- --
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
2024 $3,654 $325,700 $214,100 $111,600
2023 $3,488 $325,700 $214,100 $111,600
2022 $3,351 $325,700 $214,100 $111,600
2021 $2,418 $325,700 $214,100 $111,600
2020 $3,185 $325,700 $214,100 $111,600
2019 $3,150 $325,700 $214,100 $111,600
2018 $3,120 $325,700 $214,100 $111,600
2017 $3,071 $325,700 $214,100 $111,600
2016 $2,954 $325,700 $214,100 $111,600
2015 $2,915 $325,700 $214,100 $111,600
2014 $2,873 $325,700 $214,100 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568943

South Jersey Shore Regional MLS

APN: 08-01401-0000-00001-0000-C203