NOT LISTED FOR SALE

1611 Asbury Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,052,000 - $1,372,000

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

Last Sold June 28, 2024

Last sale price $1,149,000

Est. 4% increase in value since last sale

Current estimated payment $6,876/month

6 Days on Market

Highlights

  • Unit is on the top floor
  • Cathedral Ceiling
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of June 2024

Welcome to 1611 Asbury Ave, a meticulously maintained 2nd floor condo showcasing 3 bedrooms, 2 bathrooms, enclosed outdoor shower, and a private entrance leading into the unit. Never rented, yet primed for excellent income potential, this home is centrally located just steps to the beach, boardwalk, and local stores! Enjoy the convenience of the attached garage, providing additional storage and access into the foyer. The interior features an open concept layout flooded with natural light, a kitchen with a center island and stainless steel appliances, and access to the covered front deck- perfect for hosting family and friends! There are two spacious bedrooms, along with a master bedroom complete with an en suite and private back deck. Head up to the roof top deck, the ideal spot to soak in the sun or watch the sunset. With so much to offer- you won't want to miss the chance to make this your new coastal retreat!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 03/05/2024

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,549

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Location

  • Unit is on the top floor

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,549

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 03/05/2024
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen, Great Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 25, 2024
Sold by
Powers Vance E and Powers Michelle H
Bought by
Faclvelli Raymond and Facinelli Joanne
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$1,149,000
Sold Price
$1,149,000
Views
50
Current Estimated Value
$1,193,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,956
Avg. Annual Appreciation
3.04%
Original Mortgage
$650,000
Outstanding Balance
$630,567
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$563,389

Purchase Details

Closed on
Mar 22, 2016
Sold by
Ocean City Development Group Llc
Bought by
Powers Vance E and Powers Michelle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Faclvelli Raymond $1,149,000 Trident Land Transfer
Faclvelli Raymond $1,149,000 Trident Land Transfer
Powers Vance E $585,000 None Available
Ocean City Development Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faclvelli Raymond $650,000
Closed Faclvelli Raymond $650,000
Previous Owner Ocean City Development Group Llc $438,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $1,149,000 0.0% --
03/11/2024 03/11/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $1,149,000 -- --
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 $6,549 $583,700 $253,500 $330,200
2024 $6,549 $583,700 $253,500 $330,200
2023 $6,251 $583,700 $253,500 $330,200
2022 $6,006 $583,700 $253,500 $330,200
2021 $5,866 $583,700 $253,500 $330,200
2020 $5,709 $583,700 $253,500 $330,200
2019 $5,644 $583,700 $253,500 $330,200
2018 $5,592 $583,700 $253,500 $330,200
2017 $5,504 $583,700 $253,500 $330,200
2016 $0 $507,000 $507,000 $0
2015 $5,270 $588,800 $507,000 $81,800
2014 $5,193 $588,800 $507,000 $81,800
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Huber

    Seller's Agent in 2024

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    210 in this area

    315 Total Sales

    Cheryl Huber
    Section Image
  • Michael Contino

    Buyer's Agent in 2024

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    361 in this area

    419 Total Sales

    Michael Contino
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 582859

South Jersey Shore Regional MLS

APN: 08 01603-0000-00013-0000-C2

New Jersey Cape May County Ocean City 08226

1611 Asbury Ave Unit 2, Ocean City, NJ

This home is located at 1611 Asbury Ave Unit 2, Ocean City, NJ 08226 since 05 March 2024 and is currently estimated at $1,193,956. 1611 Asbury Ave Unit 2 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes