$608,500
SOLD APR 27, 2018

1403 West Ave Unit 2 Ocean City, NJ 08226

3 Beds
2 Baths
1,350 Sq Ft
3,615 Sq Ft Lot

Recently Sold

$451 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Fireplace
  • Ocean City Primary School Rated A
  • Corner Lot
  • 2-minute walk to Emil palmer park

About This Home

As of July 2022

Furniture is Negotiable Fridge and Ice Maker in Wet-Bar area not included List of Upgrades, Condo Docs, and Insurance in Associated Docs

Last Agent to Sell the Property

Robert Bond

COMPASS RE - Ocean City License #0458369 Listed on: 03/14/2018

COMPASS RE - Ocean City

Last Buyer's Agent

Robert Bond

COMPASS RE - Ocean City License #0458369 Listed on: 03/14/2018

COMPASS RE - Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,734

Year Built

  • Built in 2016

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views
  • Alarm System

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 17-C2 / 1405

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,734

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Water View
  • District Township: 08-Ocean City
  • Also Includes: Drapes, Curtains, Blinds
  • Estimated Year Built: 2016
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1403
  • Price per Sq Ft: 450.74
  • Selling Agent1: 1884
  • Selling Office1: 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1350
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 2
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island, Wall To Wall Carpet, Cathedral Ceiling, Foyer, Tile Floors
  • Unit Location: Corner, Top Floor, Water View

Lot Info

  • Lot Number: 17-C2
  • Total Assessment: 497000

Tax Info

  • Taxes: 4734
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Jul 1, 2022
Sold by
Richards Michael A and Richards Karen A
Bought by
Videon Spencer Todd and Videon Virginia Anne
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,048,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,493
Avg. Annual Appreciation
5.14%
Original Mortgage
$719,200
Outstanding Balance
$676,800
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$371,693

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 24, 2018
Sold by
Capriotti Arthur G and Capriotti Lisa M
Bought by
Richards Michael and Richards Karen A
Seller's Agent
Robert Bond
COMPASS RE - Ocean City
Buyer's Agent
Robert Bond
COMPASS RE - Ocean City
List Price
$599,000
Sold Price
$608,500
Premium/Discount to List
$9,500
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Feinstein Kurt
Bought by
Gerard Arthur and Capriotti Lisa Michele
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 $899,000 Freedom Title
Deed $608,500 --
Deed $524,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $719,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $899,000 0.0% --
01/21/2022 01/21/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $899,000 +47.7% --
04/27/2018 04/27/18 Sold $608,500 +1.6% $451 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $599,000 -- $444 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $5,576 $497,000 $231,200 $265,800
2023 $5,323 $497,000 $231,200 $265,800
2022 $5,114 $497,000 $231,200 $265,800
2021 $4,995 $497,000 $231,200 $265,800
2020 $4,861 $497,000 $231,200 $265,800
2019 $4,806 $497,000 $231,200 $265,800
2018 $4,761 $497,000 $231,200 $265,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180893

Cape May County Association of REALTORS®

APN: 08-01405-0000-00017-0000-C2