NOT LISTED FOR SALE

1414 Asbury Ave Unit B Ocean, NJ 07712

Estimated Value: $534,834 - $644,000

3 Beds
2 Baths
-- Sq Ft
3,354 Sq Ft Lot

Last Sold October 03, 2014

Last sale price $495,000

Est. 20% increase in value since last sale

Current estimated payment $3,707/month

401 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Kitchen Island
  • Deck
  • Outdoor Community Showers
  • Central Air

About This Home

As of October 2014

New Construction by Duncan Homes, just completed March 2014. This custom built 3 bedroom 2 bath upgraded property has cathedral ceilings, granite kitchen counter top, kitchen center island, stainless appliance package, hardwood floors, private enclosed separate entrance for each floor. Spacious front deck, outside enclosed shower, off street parking and additional parking inside the one car garage with an automatic garage door opener. Great location, close to the Beach and boardwalk and stores.

Last Agent to Sell the Property

Ken Sedberry

BERGER REALTY-Main Listed on: 07/25/2013

Last Buyer's Agent

Suzanne Hampton

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,788

Lot Details

  • 3,354

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Dining Area
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,788

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • New Construction: Yes
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: 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: Cathedral Ceiling(s), Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2018
Sold by
1414 Asbury Ave Llc
Bought by
1511 Bangs Ave Llc
Current Estimated Value
$592,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,750
Outstanding Balance
$718,236
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$125,777

Purchase Details

Closed on
Oct 31, 2013
Sold by
Schmidt Davy
Bought by
1414 Asbury Ave Llc

Purchase Details

Closed on
Dec 26, 2012
Sold by
Federal National Mortgage Association
Bought by
Schmidt Davy

Purchase Details

Closed on
Nov 5, 2003
Sold by
Jones Henry
Bought by
Mugrabi David and Mimran Emile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1993
Sold by
Carney Petillo
Bought by
Jones Henry and Jones Connie
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
1511 Bangs Ave Llc -- None Available
1414 Asbury Ave Llc -- Agent For The Security Title
Schmidt Davy $90,000 Agent For The Security Title
Mugrabi David $225,000 --
Jones Henry $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1511 Bangs Ave Llc $828,750
Previous Owner Mugrabi David $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $495,000 0.0% --
08/30/2014 08/30/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $495,000 -- --
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 $6,788 $456,900 $194,600 $262,300
2024 $6,788 $429,100 $161,300 $267,800
2023 $6,246 $404,000 $134,400 $269,600
2022 $4,238 $291,800 $89,600 $202,200
2021 $4,238 $268,200 $84,500 $183,700
2020 $3,737 $237,300 $78,800 $158,500
2019 $3,310 $200,600 $75,000 $125,600
2018 $3,053 $171,300 $68,200 $103,100
2017 $3,172 $152,500 $56,700 $95,800
2016 $3,034 $141,500 $48,700 $92,800
2015 $3,031 $136,900 $46,500 $90,400
2014 $3,103 $143,200 $66,500 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 414967

South Jersey Shore Regional MLS

APN: 04-01502-0000-00013