NOT LISTED FOR SALE

1607 Central Ave Ocean City, NJ 08226

Estimated Value: $1,618,000 - $2,236,000

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

Last Sold January 25, 2022

Last sale price $1,625,000

Est. 19% increase in value since last sale

Current estimated payment $11,145/month

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Loft
  • Porch

About This Home

As of January 2022

Beautiful Single Family Home in a GREAT location. This house features 4 Bedrooms, 3 Full Baths, open floor plan with a spacious living room, dining area and kitchen, hardwood floors throughout, white molding and extra wide wood trimmed windows. Living area offers gas fireplace, custom built in shelves, kitchen with stainless appliances, center island, lots of cabinet space and textured granite countertops. A large laundry/mudroom and full bathroom complete the first level. The custom curved staircase leads to the 4 spacious bedrooms, loft area, full bathroom and walk up attic. Master Bedroom with en suite and walk in closet is the perfect space to relax. Additional attributes: dual zone heat/air, irrigation system, tiled bathrooms, carpet in bedrooms, LARGE front and rear porches, parking area, enclosed outside shower, storage shed, plenty of off street parking, HUGE crawl space provides storage for all your beach gear. Location is key and you are within a short walk to the Beach, Boardwalk, Downtown shopping, Restaurants and so much more. This home was completely remodeled in 2017, all new with great details and finishes, move in ready and has been meticulously maintained. House offered unfurnished. Easy to show.

Last Agent to Sell the Property

Mark Grimes

BHHS FOX and ROACH-109 34th OC Listed on: 11/30/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,381

Lot Details

  • Lot Dimensions are 40 x 100
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Loft
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,381

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds
  • Lvt Date: 11/30/2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Loft, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 5, 2022
Sold by
Ann Henry Linda
Bought by
Reed Theodore and Reed Christine E
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$1,749,000
Sold Price
$1,625,000
Premium/Discount to List
-$124,000
-7.09%
Current Estimated Value
$1,931,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,333
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,137,500
Outstanding Balance
$1,054,371
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$876,962

Purchase Details

Closed on
Aug 19, 2016
Sold by
Henry Linda Ann
Bought by
Henry Linda Ann

Purchase Details

Closed on
May 10, 2007
Sold by
Comly Linda Ann and Henry Linda Ann
Bought by
Henry Linda Ann

Purchase Details

Closed on
May 2, 2002
Sold by
Mcnamara Kevin J
Bought by
Comly Linda Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.13%

Purchase Details

Closed on
Sep 28, 1990
Sold by
Mcnamara Christopher J and Mcnamara Kevin J
Bought by
Mcnamara Kevin J
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
Reed Theodore $1,625,000 Freedom Title
Reed Theodore $1,625,000 Freedom Title
Henry Linda Ann -- None Available
Henry Linda Ann -- None Available
Comly Linda Ann $270,000 --
Mcnamara Kevin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Theodore $1,137,500
Closed Reed Theodore $1,137,500
Previous Owner Comly Linda Ann $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $1,625,000 -7.1% --
12/08/2021 12/08/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $1,749,000 -- --
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 $10,381 $925,200 $636,000 $289,200
2024 $10,381 $925,200 $636,000 $289,200
2023 $9,909 $925,200 $636,000 $289,200
2022 $9,520 $925,200 $636,000 $289,200
2021 $9,298 $925,200 $636,000 $289,200
2020 $9,048 $925,200 $636,000 $289,200
2019 $8,947 $925,200 $636,000 $289,200
2018 $6,966 $727,100 $636,000 $91,100
2017 $6,857 $727,100 $636,000 $91,100
2016 $3,594 $396,300 $343,400 $52,900
2015 $3,547 $396,300 $343,400 $52,900
2014 $3,495 $396,300 $343,400 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557834

South Jersey Shore Regional MLS

APN: 08-01602-0000-00014