NOT LISTED FOR SALE

1624 Asbury Ave Unit 1st floor Ocean City, NJ 08226

Estimated Value: $1,037,492 - $1,231,000

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

Last Sold September 15, 2023

Last sale price $969,000

Est. 14% increase in value since last sale

Current estimated payment $6,372/month

49 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • 1 Car Attached Garage
  • 5-minute walk to Emil palmer park

About This Home

As of September 2023

Beautiful Boardwalk Area 3 Bedroom 2 Bath 1st floor condo on Asbury Ave. Unit features include a large gourmet kitchen with quartz countertops and custom cabinetry, full stainless steel appliance package, large center island, with hardwood flooring in the great room, kitchen and dining area. Additional features include a gas fireplace, gas heat/central air, large awning covered front deck, rear deck, enclosed outside shower with a garage and a storage room. Close to the beach, boardwalk, community center and shopping. Being offered mostly furnished less personal items. Nicely Furnished & Decorated and in Mint Condition! Never rented but has great rental potential.

Last Agent to Sell the Property

William Godfrey

MARR AGENCY Listed on: 06/05/2023

Last Buyer's Agent

William Friedman

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 2006

Lot Details

  • 3,006

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Asbury Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,042

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 06/05/2023
  • Year Built: 2006
  • Age: 16 To 20 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

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

  • Condo Name: Asbury Ave

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Sep 12, 2023
Sold by
Gordon Brett and Gordon Tanya
Bought by
Yoon Hyun and Yoon Emily
Seller's Agent
William Godfrey
MARR AGENCY
Buyer's Agent
William Friedman
Keller Williams Realty Jersey Shore-Ocean City
List Price
$999,999
Sold Price
$969,000
Premium/Discount to List
-$30,999
-3.1%
Views
200
Current Estimated Value
$1,106,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,873
Avg. Annual Appreciation
6.64%
Original Mortgage
$775,200
Outstanding Balance
$758,759
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$348,114

Purchase Details

Closed on
Aug 23, 2019
Sold by
Kuriger Theodore G and Kuriger Amy J
Bought by
Gordon Brett and Gordon Tanya

Purchase Details

Closed on
Nov 5, 2018
Sold by
Anthony P Bevacqua
Bought by
Perr Richard and Perr Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.83%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Kuriger Theodore G and Kuriger Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,920
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Yoon Hyun $969,000 Title Partners
Yoon Hyun $969,000 Title Partners
Gordon Brett $574,200 Freedom Title
Perr Richard $619,000 --
Kuriger Theodore G $599,900 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Hyun $775,200
Closed Yoon Hyun $775,200
Previous Owner Perr Richard $492,000
Previous Owner Perr Richard --
Previous Owner Kuriger Theodore G $479,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $969,000 -1.0% --
07/24/2023 07/24/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $979,000 -2.1% --
06/05/2023 06/05/23 For Sale $999,999 -- --
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 $6,042 $538,500 $253,500 $285,000
2024 $6,042 $538,500 $253,500 $285,000
2023 $5,462 $510,000 $253,500 $256,500
2022 $5,248 $510,000 $253,500 $256,500
2021 $3,805 $510,000 $253,500 $256,500
2020 $4,988 $510,000 $253,500 $256,500
2019 $4,932 $510,000 $253,500 $256,500
2018 $4,886 $510,000 $253,500 $256,500
2017 $4,809 $510,000 $253,500 $256,500
2016 $4,626 $510,000 $253,500 $256,500
2015 $4,565 $510,000 $253,500 $256,500
2014 $4,498 $510,000 $253,500 $256,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574645

South Jersey Shore Regional MLS

APN: 08-01604-0000-00023-0000-C1