NOT LISTED FOR SALE

1448 Asbury Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $721,801 - $990,000

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

Last Sold April 11, 2019

Last sale price $460,000

Est. 87% increase in value since last sale

Current estimated payment $4,930/month

35 Days on Market

Highlights

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

About This Home

As of April 2019

Pride in ownership is found throughout! This adorable Asbury Avenue first floor condominium is only 3 short blocks away from the beach and is conveniently located close to downtown restaurants, shopping and the boardwalk. Features include a fully equipped kitchen with granite counter tops and oversized peninsula, open floor plan with hardwood floors & wood burning fireplace, covered front deck, outside shower, storage, off street parking and more. This lovely beach home is meticulously maintained and turn key ready. Offered fully furnished and equipped for your immediate enjoyment. Never rented but has exceptional rental potential.

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 01/15/2019

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

STEVEN SPENGLER

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1988

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Parking Spaces
  • Parking Pad

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,528

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished, Shades
  • Lvt Date: 01/15/2019
  • Year Built: 1988
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One And Half Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Nov 2, 2012
Sold by
Angelos Christian A and Angelos Jill G
Bought by
Rosenker David and Bashore Kristine B
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
GREGORY BRENDLINGER
MARR AGENCY
List Price
$427,000
Sold Price
$427,000
Current Estimated Value
$858,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,700
Avg. Annual Appreciation
5.54%
Original Mortgage
$280,000
Outstanding Balance
$193,485
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$665,215

Purchase Details

Closed on
Sep 11, 2009
Sold by
Mcaninley Charles J and Mcaninley Mary K
Bought by
Angelos Christian A and Angelos Jill G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1991
Sold by
Newton Robert J and Newton Kenneth S
Bought by
Newton Robert J

Purchase Details

Closed on
Jun 20, 1988
Sold by
Zipp Mark and Zipp Lawrence
Bought by
Newton Robert
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
Rosenker David $427,000 Surety Title Corp
Angelos Christian A $435,000 Fidelity Natl Title Ins Co
Newton Robert J -- --
Newton Robert $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenker David $280,000
Previous Owner Angelos Christian A $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2019 04/11/19 Sold $460,000 -1.9% --
02/19/2019 02/19/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $469,000 +9.8% --
10/29/2012 10/29/12 Sold $427,000 0.0% -- View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $427,000 -- --
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 $4,528 $403,600 $237,000 $166,600
2024 $4,528 $403,600 $237,000 $166,600
2023 $4,323 $403,600 $237,000 $166,600
2022 $4,153 $403,600 $237,000 $166,600
2021 $3,011 $403,600 $237,000 $166,600
2020 $3,947 $403,600 $237,000 $166,600
2019 $3,903 $403,600 $237,000 $166,600
2018 $3,866 $403,600 $237,000 $166,600
2017 $3,806 $403,600 $237,000 $166,600
2016 $3,661 $403,600 $237,000 $166,600
2015 $3,612 $403,600 $237,000 $166,600
2014 $3,560 $403,600 $237,000 $166,600
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

    90 in this area

    186 Total Sales

    Burton Wilkins
    Section Image

  • S

    Buyer's Agent in 2019

    STEVEN SPENGLER

    BERGER REALTY-Main

    3 in this area

    6 Total Sales

    STEVEN SPENGLER
    Section Image
  • Michael Contino

    Seller's Agent in 2012

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    360 in this area

    418 Total Sales

    Michael Contino
    Section Image

  • G

    Buyer's Agent in 2012

    GREGORY BRENDLINGER

    MARR AGENCY

    (609) 408-4262

    3 Total Sales

    GREGORY BRENDLINGER
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 516209

South Jersey Shore Regional MLS

APN: 08-01405-0000-00029-0000-C1

New Jersey Cape May County Ocean City 08226

1448 Asbury Ave Unit 1st Floor, Ocean City, NJ

This home is located at 1448 Asbury Ave Unit 1st Floor, Ocean City, NJ 08226 since 15 January 2019 and is currently estimated at $858,700. This property was built in 1988. 1448 Asbury Ave Unit 1st 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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