NOT LISTED FOR SALE

1624 Wesley Ave Unit 2nd floor Ocean City, NJ 08226

Estimated Value: $1,245,000 - $1,577,000

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

Last Sold July 13, 2013

Last sale price $690,000

Est. 101% increase in value since last sale

Current estimated payment $8,222/month

10 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ceiling Fan

About This Home

As of July 2013

Beautiful turn key 4 bedroom 2 bath 2nd floor condo in the heart of Ocean City. Just steps from the beach and boardwalk. Interior was totally renovated in 2010 and features hardwood floors, custom kitchen, granite tops, stainless steel appliances, wine refrigerator, roof deck with views of the ocean and much more.New gas heat and air conditioning system in July 2012. Unit is being offered furnished. This property is located in the lowest flood risk zone on the island and had no damage from hurricane Sandy.

Last Agent to Sell the Property

William Godfrey

MARR AGENCY Listed on: 06/12/2013

Last Buyer's Agent

John Greier

BERGER REALTY-Main License #SP-8540872

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,641

Year Built

  • Built in 1988

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Water Views
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • Wesley Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,641

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Year Built: 1988
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Wood Burning
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

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: Wesley Ave
  • Management: Co-Owner

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Mooney William C and Mooney Jennifer L
Bought by
1624 Wesley Llc
Current Estimated Value
$1,385,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$450,320
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$953,075

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 10, 2013
Sold by
Berman William B and Berman Anissa L
Bought by
1624 Wesley Llc
Seller's Agent
William Godfrey
MARR AGENCY
Buyer's Agent
John Greier
BERGER REALTY-Main
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
May 20, 2009
Sold by
Norton James J and Norton Marie E
Bought by
Berman William M and Berman Anissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Norton James J and Norton Marie E
Bought by
Norton James J and Norton Marie E

Purchase Details

Closed on
Sep 28, 1988
Sold by
T & W Assoc
Bought by
Norton James and Norton Marie
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
1624 Wesley Llc $670,000 Misc Company
1624 Wesley Llc $690,000 North American Title Agency
Berman William M $615,000 Freedom Title & Abstract Com
Norton James J -- --
Norton James $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1624 Wesley Llc $500,000
Previous Owner Berman William M $405,000
Previous Owner Berman William M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2013 07/13/13 Sold $690,000 0.0% --
06/22/2013 06/22/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $690,000 -- --
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 $7,641 $681,000 $385,500 $295,500
2024 $7,641 $681,000 $385,500 $295,500
2023 $7,294 $681,000 $385,500 $295,500
2022 $7,007 $681,000 $385,500 $295,500
2021 $6,844 $681,000 $385,500 $295,500
2020 $6,660 $681,000 $385,500 $295,500
2019 $6,585 $681,000 $385,500 $295,500
2018 $6,524 $681,000 $385,500 $295,500
2017 $6,422 $681,000 $385,500 $295,500
2016 $6,177 $681,000 $385,500 $295,500
2015 $6,095 $681,000 $385,500 $295,500
2014 $6,006 $681,000 $385,500 $295,500
Source: Public Records

Agents Affiliated with this Home

  • William Godfrey

    Seller's Agent in 2013

    William Godfrey

    MARR AGENCY

    (609) 780-7363

    78 in this area

    90 Total Sales

    Section Image
  • John Greier

    Buyer's Agent in 2013

    John Greier

    BERGER REALTY-Main

    (609) 231-7598

    37 in this area

    46 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 412834

South Jersey Shore Regional MLS

APN: 08-01602-0000-00024-02-C2

New Jersey Cape May County Ocean City 08226

1624 Wesley Ave Unit 2nd floor, Ocean City, NJ

This home is located at 1624 Wesley Ave Unit 2nd floor, Ocean City, NJ 08226 since 12 June 2013 and is currently estimated at $1,442,652. This property was built in 1988. 1624 Wesley Ave Unit 2nd 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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