NOT LISTED FOR SALE

1605 West Ave Ocean City, NJ 08226

Estimated Value: $1,058,000 - $1,306,000

5 Beds
3 Baths
816 Sq Ft
$1,436/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $547,500 $671 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $6,642/month

293 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Zoned Heating
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Emil palmer park

About This Home

As of January 2019

Lovely, spacious single family home located just two and a half blocks from the beach and boardwalk. With 5 bedrooms and 3 baths, this property is a fantastic primary home, second home, or income producing investment generating $35,000 - $40,000 in summer income. Convenient master suite on first floor., New Roof,Smart Flood Vents,New Deck, Brand New Refrigerator and Oven,All New TV's.First floor bathroom redesigned. Sold completely furnished.Just Turn The Key!!!!Many offers have come in but not yours.

Last Agent to Sell the Property

DONNA DROHAN

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 08/15/2017

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,130

Lot Details

  • Lot Dimensions are 35' x 100'

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Blinds
  • Dining Area
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Pad

Utilities

  • Window Unit Cooling System
  • Zoned Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,130

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Furnished
  • Lvt Date: 08/15/2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Eat In Kitchen, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Window Units
  • Heating: Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 35' x 100'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Jan 30, 2019
Sold by
Dougherty Craig D and Dougherty Donna M
Bought by
Forster Matthew A
Seller's Agent
DONNA DROHAN
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$535,000
Sold Price
$547,500
Premium/Discount to List
$12,500
2.34%
Current Estimated Value
$1,172,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,650
Avg. Annual Appreciation
12.03%
Original Mortgage
$520,125
Outstanding Balance
$457,283
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$714,867

Purchase Details

Closed on
Jun 23, 2005
Sold by
Flaherty Joseph J and Flaherty Terri
Bought by
Dougherty Craig D and Dougherty Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 19, 1993
Sold by
Waag Robert
Bought by
Flaherty Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.83%
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
Forster Matthew A $547,500 --
Dougherty Craig D $600,000 Mutual Title Agency
Flaherty Joseph $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forster Matthew A $520,125
Previous Owner Dougherty Craig D $359,650
Previous Owner Flaherty Joseph $90,000
Closed Dougherty Craig D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $547,500 0.0% $671 / Sq Ft
12/16/2018 12/16/18 Off Market $547,500 -- --
06/04/2018 06/04/18 Pending -- -- --
04/30/2018 04/30/18 Price Changed $595,000 +11.2% $729 / Sq Ft
08/15/2017 08/15/17 For Sale $535,000 -- $656 / 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 $5,130 $457,200 $308,600 $148,600
2024 $5,130 $457,200 $308,600 $148,600
2023 $4,897 $457,200 $308,600 $148,600
2022 $4,705 $457,200 $308,600 $148,600
2021 $3,411 $457,200 $308,600 $148,600
2020 $4,471 $457,200 $308,600 $148,600
2019 $4,421 $457,200 $308,600 $148,600
2018 $4,380 $457,200 $308,600 $148,600
2017 $4,311 $457,200 $308,600 $148,600
2016 $4,147 $457,200 $308,600 $148,600
2015 $4,092 $457,200 $308,600 $148,600
2014 $4,033 $457,200 $308,600 $148,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    DONNA DROHAN

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 705-4018

    18 in this area

    23 Total Sales

    DONNA DROHAN
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2019

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    210 in this area

    315 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 492341

South Jersey Shore Regional MLS

APN: 08-01604-0000-00016

New Jersey Cape May County Ocean City 08226

1605 West Ave, Ocean City, NJ

This home is located at 1605 West Ave, Ocean City, NJ 08226 since 15 August 2017 and is currently estimated at $1,172,150, approximately $1,436 per square foot. 1605 West 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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