NOT LISTED FOR SALE

1433 Central Ave Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $1,147,000 - $1,450,000

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

Last Sold November 12, 2013

Last sale price $639,988

Est. 109% increase in value since last sale

Current estimated payment $7,731/month

391 Days on Market

Highlights

  • Unit is on the top floor
  • Spa
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • 5-minute walk to Emil palmer park

About This Home

As of November 2013

Gorgeous 2nd Floor 4 Bedroom 2 Bath Condo Close to Beach & Boardwalk! This Beauty Features: 4 Bedrooms, 2 Baths, Front, Rear & Rooftop Decks, Gourmet Kitchen with Granite, Backsplash, SS Appliances, Hardwood Flooring, Jacuzzi in Hall Bath, Cathedral Ceilings, Gas Heat, C/A, Separate Garages, Paver Walkway, Beautifully Furnished and Decorated and Great Neighbors! Wonderful Location! Great Property! Pristine Condition! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 09/04/2012

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 09/04/2012

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,186

Year Built

  • Built in 2006

Lot Details

  • 4,008

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Location

  • Unit is on the top floor

Utilities

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

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,186

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Year Built: 2006
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • 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
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Storage Attic
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Stucco, Vinyl

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: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Nov 26, 2013
Sold by
Jaconelli Michael and Jaconelli Michele
Bought by
Chen Peter and Yeh Teresa S
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$639,988
Sold Price
$639,988
Current Estimated Value
$1,340,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,033
Avg. Annual Appreciation
6.40%
Original Mortgage
$200,000
Outstanding Balance
$52,029
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$1,287,992

Purchase Details

Closed on
Mar 16, 2007
Sold by
Scafisi Llc
Bought by
Jaconelli Michael and Jaconelli Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Sciole Arlene T and Sciole Sandra A
Bought by
Scafisi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
6.17%
Mortgage Type
Construction
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
Chen Peter $639,988 Surety Title Corporation
Jaconelli Michael $750,000 First American Title Ins Co
Scafisi Llc $999,999 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Peter $200,000
Previous Owner Jaconelli Michael $675,000
Previous Owner Scafisi Llc $935,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2013 11/12/13 Sold $639,988 0.0% --
09/30/2013 09/30/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $639,988 -- --
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 $7,186 $640,500 $298,200 $342,300
2024 $7,186 $640,500 $298,200 $342,300
2023 $6,860 $640,500 $298,200 $342,300
2022 $6,591 $640,500 $298,200 $342,300
2021 $6,194 $640,500 $298,200 $342,300
2020 $6,264 $640,500 $298,200 $342,300
2019 $6,194 $640,500 $298,200 $342,300
2018 $6,136 $640,500 $298,200 $342,300
2017 $6,040 $640,500 $298,200 $342,300
2016 $5,809 $640,500 $298,200 $342,300
2015 $5,732 $640,500 $298,200 $342,300
2014 $5,649 $640,500 $298,200 $342,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2013

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    361 in this area

    419 Total Sales

    Michael Contino
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 400222

South Jersey Shore Regional MLS

APN: 08-01403-0000-00005-0000-C2

New Jersey Cape May County Ocean City 08226

1433 Central Ave Unit 2nd Floor, Ocean City, NJ

This home is located at 1433 Central Ave Unit 2nd Floor, Ocean City, NJ 08226 since 04 September 2012 and is currently estimated at $1,340,021. This property was built in 2006. 1433 Central Ave Unit 2nd Floor 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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