NOT LISTED FOR SALE

1636 Asbury Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $894,585 - $1,138,000

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

Last Sold December 01, 2016

Last sale price $472,000

Est. 114% increase in value since last sale

Current estimated payment $5,929/month

70 Days on Market

Highlights

  • Main Floor Bedroom
  • Ground Level Unit
  • Bathroom on Main Level
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • Kitchen Island

About This Home

As of December 2016

Immaculate 1st Flr condo w/ 3 bedrooms, 2 full baths. Large front & rear decks, owner occupied never rented! Recent improvements include GRANITE COUNTERTOPS & HARD FLOORS, NEWER AC CONDENSER. Centrally located steps to beach, boardwalk and downtown. Offered furnished & equipped w/ minimal exceptions. Ready to go for quick occupancy. Don't miss this one!

Last Agent to Sell the Property

Nicole Presnall

BHHS FOX and ROACH-Simpson OC Listed on: 07/23/2016

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,086

Lot Details

  • 3,006

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,086

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 08/06/2016
  • Age: 11 To 15 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: Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer
  • Fireplace: Living Room
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2016
Closed on
Dec 1, 2016
Sold by
Stone William Rodney and Laverick Stone Suzanne L
Bought by
Mehler Eric C and Mehler Susan B
Seller's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$472,000
Sold Price
$472,000
Current Estimated Value
$1,012,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,396
Avg. Annual Appreciation
9.12%
Original Mortgage
$377,600
Outstanding Balance
$305,895
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$706,501

Purchase Details

Closed on
Jan 21, 2005
Sold by
Myers Milton E and Myers Theresa M
Bought by
Stone William Rodney and Laverick Stone Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Rossi Thomas
Bought by
Myers Milton and Myers Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1999
Sold by
Rossi Thomas
Bought by
Bradbird Keith and Bradbird Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1998
Sold by
Grabel Jefferty
Bought by
Chase Andrew and Rossi Thomas
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
Mehler Eric C $472,000 Surety Title
Stone William Rodney $589,000 The Title Company Of Jersey
Myers Milton $219,000 --
Bradbird Keith $232,500 --
Chase Andrew $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehler Eric C $377,600
Previous Owner Stone William Rodney $357,000
Previous Owner Stone William Rodney $400,000
Previous Owner Myers Milton $175,200
Previous Owner Bradbird Keith $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $472,000 0.0% --
10/01/2016 10/01/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $472,000 -- --
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 $5,086 $453,300 $253,500 $199,800
2024 $5,086 $453,300 $253,500 $199,800
2023 $4,855 $453,300 $253,500 $199,800
2022 $4,664 $453,300 $253,500 $199,800
2021 $3,382 $453,300 $253,500 $199,800
2020 $4,433 $453,300 $253,500 $199,800
2019 $4,383 $453,300 $253,500 $199,800
2018 $4,343 $453,300 $253,500 $199,800
2017 $4,275 $453,300 $253,500 $199,800
2016 $4,111 $453,300 $253,500 $199,800
2015 $4,057 $453,300 $253,500 $199,800
2014 $3,998 $453,300 $253,500 $199,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 472587

South Jersey Shore Regional MLS

APN: 08-01604-0000-00026-0000-C1