NOT LISTED FOR SALE

1425 Asbury Ave Ocean City, NJ 08226

Estimated Value: $990,000 - $1,087,000

3 Beds
2 Baths
2,152 Sq Ft
3,006 Sq Ft Lot

Last Sold September 15, 2015

Last sale price $519,000 $241 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,048/month

227 Days on Market

Highlights

  • New Construction
  • Deck
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 3-minute walk to Emil palmer park

About This Home

As of September 2015

Gorgeous Custom Built Newer Construction 1st Floor Condo! This Beauty is Loaded w/Upgrades: 3 Bedrooms, 2 Baths, Large Gourmet Kitchen, Granite Countertops, Back Splash, Up-graded SS Appliances, Hardwood Flooring in Great Room, Stairs, & Hallway, Surround Stereo, Front & Rear Decks, Separate Entrances, Separate Garage, Gas Heat, C/A, Large Gas Fireplace, Tiled Shower, Crown Molding, Soundproofing, Impact Tilt-in Windows... Great Location! Great Property! Great Price! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 12/08/2014

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Matthew Bader

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,848

Lot Details

  • 3,006

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,848

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds
  • New Construction: Yes
  • Age: 2 To 5 Years
  • 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: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage, Auto Door Opener
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Mankowski Candace
Bought by
Foster Jeannine and Foster Michael
Current Estimated Value
$1,043,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Outstanding Balance
$385,769
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$677,442

Purchase Details

Closed on
Apr 25, 2017
Sold by
Bowman Joaquin and Bowman Mary Ann
Bought by
Mankowski Candace

Purchase Details

Listed on
Dec 8, 2014
Closed on
Sep 15, 2015
Sold by
Lamb Edward M and Lamb Frances M
Bought by
Bowman Joaquin and Bowman Mary Ann
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Matthew Bader
BERGER REALTY-Main
List Price
$519,000
Sold Price
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Listed on
Jan 6, 2012
Closed on
May 31, 2012
Sold by
Viney Vincent S and Viney Kimberly A
Bought by
Lamb Edward M and Lamb Frances M
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.06%
Original Mortgage
$390,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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
Foster Jeannine $585,000 Surety Title
Mankowski Candace $545,000 None Available
Bowman Joaquin $519,000 North American Title Agency
Lamb Edward M $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Jeannine $438,750
Previous Owner Lamb Edward M $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $519,000 0.0% $241 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $519,000 -0.2% $241 / Sq Ft
05/31/2012 05/31/12 Sold $520,000 0.0% $242 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $520,000 -- $242 / Sq Ft
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 $5,848 $521,200 $237,000 $284,200
2024 $5,848 $521,200 $237,000 $284,200
2023 $5,582 $521,200 $237,000 $284,200
2022 $5,363 $521,200 $237,000 $284,200
2021 $3,888 $521,200 $237,000 $284,200
2020 $5,097 $521,200 $237,000 $284,200
2019 $5,040 $521,200 $237,000 $284,200
2018 $4,993 $521,200 $237,000 $284,200
2017 $4,915 $521,200 $237,000 $284,200
2016 $4,727 $521,200 $237,000 $284,200
2015 $4,665 $521,200 $237,000 $284,200
2014 $4,597 $521,200 $237,000 $284,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2015

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    368 in this area

    427 Total Sales

    Michael Contino
    Section Image
  • Matthew Bader

    Buyer's Agent in 2015

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    72 in this area

    78 Total Sales

    Matthew Bader
    Section Image
  • Dorothy Phillips

    Seller's Agent in 2012

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    188 in this area

    277 Total Sales

    Dorothy Phillips
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 440121

South Jersey Shore Regional MLS

APN: 08-01404-0000-00009-0000-C1

New Jersey Cape May County Ocean City 08226

1425 Asbury Ave, Ocean City, NJ

This home is located at 1425 Asbury Ave, Ocean City, NJ 08226 since 08 December 2014 and is currently estimated at $1,043,795, approximately $485 per square foot. 1425 Asbury 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.

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