NOT LISTED FOR SALE

1421 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,358,000 - $1,700,000

4 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $825,000

Est. 89% increase in value since last sale

Current estimated payment $8,954/month

194 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Emil palmer park

About This Home

As of June 2019

NEW CONSTRUCTION! This upcoming first floor will truly be a masterpiece! Some of the features will include 4 bedrooms, 3 bathrooms, hardwood floors, upgraded cabinetry, granite counter tops, stainless steel appliances, outside shower and much more! Located close to the beach and boardwalk, this one is a must see! Act now to make your personal selections.

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 11/16/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 11/16/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,260

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,260

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 11/16/2018
  • New Construction: Yes
  • Year Built: 2019
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • 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

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Unknown
Bought by
Seravalli Anthony
Current Estimated Value
$1,559,008

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jun 10, 2019
Sold by
Jwr Properties Llc
Bought by
New Jersey State Of
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$859,000
Sold Price
$825,000
Premium/Discount to List
-$34,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Aug 27, 2018
Sold by
Thornton Thomas K and Thornton Patricia A
Bought by
Jwr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
4.5%
Mortgage Type
Unknown
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
Seravalli Anthony -- None Listed On Document
Seravalli Charles -- None Listed On Document
New Jersey State Of -- Surety Title
Jwr Properties Llc $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jwr Properties Llc $11,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $825,000 -4.0% --
05/29/2019 05/29/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $859,000 -- --
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 $8,260 $736,200 $284,000 $452,200
2024 $8,260 $736,200 $284,000 $452,200
2023 $7,885 $736,200 $284,000 $452,200
2022 $7,576 $736,200 $284,000 $452,200
2021 $7,399 $736,200 $284,000 $452,200
2020 $7,200 $736,200 $284,000 $452,200
Source: Public Records

Agents Affiliated with this Home

  • Burton Wilkins

    Seller's Agent in 2019

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    91 in this area

    187 Total Sales

    Burton Wilkins
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 514109

South Jersey Shore Regional MLS

APN: 08 01403-0000-00008-0000-C1

New Jersey Cape May County Ocean City 08226

1421 Central Ave Unit 1, Ocean City, NJ

This home is located at 1421 Central Ave Unit 1, Ocean City, NJ 08226 since 16 November 2018 and is currently estimated at $1,559,008. This property was built in 2019. 1421 Central Ave Unit 1 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.

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