NOT LISTED FOR SALE

1420A Ocean Ave Ocean City, NJ 08226

Estimated Value: $1,084,000 - $1,387,000

-- Bed
-- Bath
1,542 Sq Ft
$796/Sq Ft Est. Value

About This Home

This home is located at 1420A Ocean Ave, Ocean City, NJ 08226 and is currently estimated at $1,227,060, approximately $795 per square foot. 1420A Ocean Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2019
Sold by
Fulton James L and Fulton Denise
Bought by
Melf Llc
Current Estimated Value
$1,227,060

Purchase Details

Closed on
May 6, 2011
Sold by
Magagna David and Magagna Victoria A
Bought by
Fulton James Lee and Fulton Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2008
Sold by
Magagna David
Bought by
Magagna David and Magagna Victoria A

Purchase Details

Closed on
Jul 23, 2004
Sold by
Tolbert Thomas N and Tolbert Karen L
Bought by
Magagna David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1998
Sold by
Oceanside Associates Llc
Bought by
Tolbert Thomas N and Tolbert Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Melf Llc -- --
Fulton James Lee $575,000 Foundation Title Llc
Magagna David -- Genuine Title Corporation
Magagna David $625,000 Freedom Title & Abstract Com
Tolbert Thomas N $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fulton James Lee $402,500
Previous Owner Magagna David $500,000
Previous Owner Tolbert Thomas N $194,000
Closed Magagna David $62,500
Source: Public Records

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 $6,309 $562,300 $281,000 $281,300
2024 $6,309 $562,300 $281,000 $281,300
2023 $6,022 $562,300 $281,000 $281,300
2022 $5,786 $562,300 $281,000 $281,300
2021 $5,437 $562,300 $281,000 $281,300
2020 $5,499 $562,300 $281,000 $281,300
2019 $5,437 $562,300 $281,000 $281,300
2018 $5,387 $562,300 $281,000 $281,300
2017 $5,302 $562,300 $281,000 $281,300
2016 $5,100 $562,300 $281,000 $281,300
2015 $5,033 $562,300 $281,000 $281,300
2014 $4,959 $562,300 $281,000 $281,300
Source: Public Records

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