NOT LISTED FOR SALE

1628 Wesley Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,672,000 - $1,963,000

4 Beds
3 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $1,100,000

Est. 60% increase in value since last sale

Current estimated payment $10,143/month

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Nicer than new construction! 1628 Wesley Ave. is a fully custom remodeled home just steps to the beach, boardwalk, and downtown Ocean City. This property features 4 large bedrooms, 3 full bathrooms, elevator, hardwood floors, Gyp-Crete subfloor (soundproof), full laundry room, huge custom kitchen, bonus room, storage room, enclosed garage, and a front and rooftop deck with amazing ocean views!!! Both decks also have water and electric. This property is one of a kind in a premier location. *Furniture is negotiable*

Last Agent to Sell the Property

Colin Halliday

BERGER REALTY-D Listed on: 08/28/2020

Last Buyer's Agent

Todd Hahn

RE/MAX PREFERRED - Mullica Hill

RE/MAX PREFERRED - Mullica Hill

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,285

Year Built

  • Built in 2002

Lot Details

  • 3,615

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Additional Features

  • Wesley Ave Condos
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,285

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 08/28/2020
  • Year Built: 2002
  • Age: 16 To 20 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, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Condo Name: Wesley Ave

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Skylight, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 30, 2020
Sold by
Pompeii Michael and Pompeii Marybeth
Bought by
Mccartney John L and Mccartney Karen A
Seller's Agent
Colin Halliday
BERGER REALTY-D
Buyer's Agent
Todd Hahn
RE/MAX PREFERRED - Mullica Hill
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,760,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,270
Avg. Annual Appreciation
9.98%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2020
Sold by
1628 Wesley Avenue 2 Llc
Bought by
Witt 1628 Wesley Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 20, 2018
Closed on
Jan 31, 2019
Sold by
1628 Wesley Avenue Llc
Bought by
Pompell Michael and Powell Marybeth
Seller's Agent
Colin Halliday
BERGER REALTY-D
Buyer's Agent
Colin Halliday
BERGER REALTY-D
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$580,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Lucca Pamela and Lucca William
Bought by
1628 Wesley Avenue Llc

Purchase Details

Closed on
Apr 1, 2004
Sold by
1628 Wesley Avenue Llc
Bought by
Lucca Pamela and Lucca William
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
Mccartney John L $1,100,000 None Available
Witt 1628 Wesley Llc $715,000 None Available
Pompell Michael $725,000 North American Titler Agency
1628 Wesley Avenue Llc -- None Available
Lucca Pamela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccartney John L $510,400
Previous Owner Witt 1628 Wesley Llc $572,000
Previous Owner Pompell Michael $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $1,100,000 0.0% --
09/01/2020 09/01/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,100,000 +51.7% --
01/31/2019 01/31/19 Sold $725,000 -9.3% -- View Prior Sale
12/21/2018 12/21/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $799,000 -- --
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 $9,285 $827,500 $361,400 $466,100
2024 $9,285 $827,500 $361,400 $466,100
2023 $8,863 $827,500 $361,400 $466,100
2022 $8,515 $827,500 $361,400 $466,100
2021 $6,013 $827,500 $361,400 $466,100
2020 $7,453 $762,100 $361,400 $400,700
2019 $7,370 $762,100 $361,400 $400,700
2018 $7,301 $762,100 $361,400 $400,700
2017 $7,187 $762,100 $361,400 $400,700
2016 $6,912 $762,100 $361,400 $400,700
2015 $6,821 $762,100 $361,400 $400,700
2014 $6,722 $762,100 $361,400 $400,700
Source: Public Records

Agents Affiliated with this Home

  • Colin Halliday

    Seller's Agent in 2020

    Colin Halliday

    BERGER REALTY-D

    (609) 335-6702

    46 in this area

    48 Total Sales

    Colin Halliday
    Section Image
  • Todd Hahn

    Buyer's Agent in 2020

    Todd Hahn

    RE/MAX

    (609) 617-1077

    2 in this area

    154 Total Sales

    Todd Hahn
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541262

South Jersey Shore Regional MLS

APN: 08-01602-0000-00026-0000-C2

New Jersey Cape May County Ocean City 08226

1628 Wesley Ave Unit 2, Ocean City, NJ

This home is located at 1628 Wesley Ave Unit 2, Ocean City, NJ 08226 since 28 August 2020 and is currently estimated at $1,760,270. This property was built in 2002. 1628 Wesley 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.

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