NOT LISTED FOR SALE

1429 Asbury Ave Unit North Ocean City, NJ 08226

Estimated Value: $651,000 - $797,000

2 Beds
1.5 Baths
-- Sq Ft
1,481 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $400,100

Est. 87% increase in value since last sale

Current estimated payment $4,314/month

43 Days on Market

Highlights

  • Cathedral Ceiling
  • Furnished
  • Ceiling Fan
  • Ocean City Primary School Rated A
  • Central Air
  • 3-minute walk to Emil palmer park

About This Home

As of November 2020

Affordable Ocean City Get away! 2 Large Bedrooms and 1.5 baths in this Lovely upgraded Townhouse with 3 large decks 3 blocks to Beach, Boardwalk and close to Ocean Cities Beautiful downtown area. Interior has hardwood floors and living room with fireplace and Spacious Eat in Kitchen with a deck off the back. Exterior features trex decking, vinyl railings, 3 decks, enclosed outside shoer, storage shed, and 2 car parking pad Summer rental potential of $20,00 +

Last Agent to Sell the Property

John Greier

BERGER REALTY-Main Listed on: 09/18/2020

Last Buyer's Agent

Nicole Presnall

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1940

Lot Details

  • 1,481

Parking

  • 2 Car Garage

Home Design

  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,228

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Furnished
  • Lvt Date: 09/18/2020
  • Year Built: 1940
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Dining Room: On Level: Lower
  • Kitchen: On Level: Lower
  • Living Room: On Level: Lower
  • Powder Room Level: Lower

Exterior Features

  • Siding Exterior: Cedar

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 30, 2020
Sold by
Pittaoulis Demetrios L and Pittaoulis Lisa J
Bought by
Bassett David A and Bassett Colleen S
Seller's Agent
John Greier
BERGER REALTY-Main
Buyer's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
List Price
$409,900
Sold Price
$400,100
Premium/Discount to List
-$9,800
-2.39%
Current Estimated Value
$748,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,961
Avg. Annual Appreciation
14.02%
Original Mortgage
$320,080
Outstanding Balance
$286,122
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$461,939

Purchase Details

Closed on
Apr 19, 2018
Sold by
Lupo Concetta
Bought by
Pittaoulis Demetrois L and Pittaoulis Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2016
Sold by
Miller David A
Bought by
Lupo Concetta

Purchase Details

Closed on
Apr 29, 2014
Sold by
Miller David A and Miller Diane E
Bought by
Miller David A

Purchase Details

Closed on
Mar 8, 2007
Sold by
Miceli Frank and Miceli Anita
Bought by
Miller David A and Miller Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,200
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Mclaughlin John and Mclaughlin Carole
Bought by
Miceli Frank and Miceli Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Bassett David A $400,100 None Available
Pittaoulis Demetrois L $340,000 --
Lupo Concetta $335,000 Old Republic National Title
Miller David A -- None Available
Miller David A $378,500 The Title Company Of Jersey
Miceli Frank $320,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett David A $320,080
Previous Owner Pittaoulis Demetrois L $272,000
Previous Owner Miller David A $247,921
Previous Owner Miller David A $261,700
Previous Owner Miller David A $17,200
Previous Owner Miceli Frank $220,000
Closed Miceli Frank $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $400,100 -2.4% --
10/31/2020 10/31/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $409,900 -- --
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 $3,228 $287,700 $237,000 $50,700
2024 $3,228 $287,700 $237,000 $50,700
2023 $3,081 $287,700 $237,000 $50,700
2022 $2,960 $287,700 $237,000 $50,700
2021 $2,143 $287,700 $237,000 $50,700
2020 $2,808 $287,100 $237,000 $50,100
2019 $2,776 $287,100 $237,000 $50,100
2018 $2,750 $287,100 $237,000 $50,100
2017 $2,707 $287,100 $237,000 $50,100
2016 $2,604 $287,100 $237,000 $50,100
2015 $2,570 $287,100 $237,000 $50,100
2014 $2,532 $287,100 $237,000 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 542295

South Jersey Shore Regional MLS

APN: 08-01404-0000-00008