$998,000
SOLD MAY 2, 2025

1401 West Ave Unit 1 Ocean City, NJ 08226

3 Beds
2 Baths
-- Sq Ft
3,615 Sq Ft Lot

Recently Sold

9% Below List Price

20 Days on Market

Highlights

  • Corner Lot
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Kitchen Island
  • 4-minute walk to Emil palmer park

About This Home

As of May 2025

Corner well Appointed and Updated 3 Bedroom 2 Bath First Flr Unit on the Ocean Side of West Ave. This incredible property is just like new construction, featuring three bedrooms and two full baths. There are no leases in place for the coming Summer and the home has been meticulously maintained. Highlights include upgraded flooring, a gas fireplace, gas heat, and central air. The great room is the perfect gathering place to entertain, this space is open and the kitchen features a great center island, custom granite countertops, updated appliances, and ceramic tile backsplash. Interior features include wainscotting, woodwork, custom window treatments, updated lighting fixtures, and crown molding. Exterior amenities include front deck, outside shower, rear alley access, and attached garage! Located in a perfect area to take advantage of all OC has to offer; beaches, boardwalk, and downtown shopping are all only steps away.

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC Listed on: 03/06/2025

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,282

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 17 / 1405

Community Details

Overview

  • Asbury Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,282

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 03/06/2025
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Condo Name: Asbury Ave

Lot Info

  • Lot Number: 17
  • Location: Corner

Rental Info

  • Pets: Yes

Tax Info

  • Year: 2024
  • Taxes: 5282

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
May 2, 2025
Sold by
Sharetts Scott R and Sharetts June B
Bought by
Wolfson Sarah L
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,099,000
Sold Price
$998,000
Premium/Discount to List
-$101,000
-9.19%
Total Days on Market
20
Views
18
Current Estimated Value
$1,013,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,388
Avg. Annual Appreciation
4.34%
Original Mortgage
$798,400
Outstanding Balance
$796,294
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$217,094

Purchase Details

Closed on
Mar 25, 2016
Sold by
Bready Sarah C
Bought by
Feinstein Kurt
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $998,000 Surety Title
Deed $998,000 Surety Title
Executors Deed $420,000 Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $798,400 New Conventional
Closed $798,400 New Conventional
Previous Owner $398,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $998,000 -9.2% --
03/26/2025 03/26/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $1,099,000 -- --
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 $5,282 $470,800 $231,200 $239,600
2024 $5,282 $470,800 $231,200 $239,600
2023 $5,042 $470,800 $231,200 $239,600
2022 $4,845 $470,800 $231,200 $239,600
2021 $4,604 $470,800 $231,200 $239,600
2020 $4,604 $470,800 $231,200 $239,600
2019 $4,553 $470,800 $231,200 $239,600
2018 $4,510 $470,800 $231,200 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 593866

South Jersey Shore Regional MLS

APN: 08-01405-0000-00017-0000-C1