NOT LISTED FOR SALE

1639 West Ave Ocean City, NJ 08226

Estimated Value: $925,889 - $1,172,000

-- Bed
-- Bath
-- Sq Ft
2,701 Sq Ft Lot

Last Sold May 06, 2013

Last sale price $405,000

Est. 158% increase in value since last sale

Current estimated payment $5,940/month

214 Days on Market

Highlights

  • Furnished
  • Porch
  • 5-minute walk to Emil palmer park
  • Ocean City Primary School Rated A
  • Baseboard Heating

About This Home

As of May 2013

Multifamily home located on the ocean side of West Ave. The property has two bedrooms on the first floor and one bedroom on the second floor. This property is close to the beach and boardwalk. Excellent rental history. Property is also being sold as a four bedroom two bath single family dwelling. The unit is easy to show.

Last Buyer's Agent

Caroline Watts

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1966

Lot Details

  • 2,701

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Crawl Space
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 30 x 90

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,850

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Furnished
  • Year Built: 1966
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 30 X 90

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2015
Sold by
Sikorsky David P and Sikorsky Martha G
Bought by
Sikorsky David P and Sikorsky Martha G
Current Estimated Value
$1,044,222

Purchase Details

Listed on
Sep 4, 2012
Closed on
May 6, 2013
Sold by
Wetherald Gregg and Wetherald Patricia
Bought by
Sikorsky David and Sikorsky Martha
Buyer's Agent
Caroline Watts
BHHS FOX and ROACH-109 34th OC
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$303,750
Outstanding Balance
$214,949
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$829,273

Purchase Details

Closed on
Dec 2, 1998
Sold by
Montecalvo Donald
Bought by
Wetherald Gregg and Wetherald Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.68%

Purchase Details

Closed on
Feb 9, 1990
Sold by
Hill Edward W
Bought by
Montecalvo Donald E and Montecalvo Sandra P
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
Sikorsky David P -- None Available
Sikorsky David $405,000 North American Title
Wetherald Gregg $147,000 --
Montecalvo Donald E $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikorsky David $303,750
Previous Owner Wetherald Gregg $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $405,000 0.0% --
04/06/2013 04/06/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $405,000 -- --
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 $4,850 $432,300 $294,700 $137,600
2024 $4,850 $432,300 $294,700 $137,600
2023 $4,630 $432,300 $294,700 $137,600
2022 $4,448 $432,300 $294,700 $137,600
2021 $3,225 $432,300 $294,700 $137,600
2020 $4,228 $432,300 $294,700 $137,600
2019 $4,180 $432,300 $294,700 $137,600
2018 $4,141 $432,300 $294,700 $137,600
2017 $4,077 $432,300 $294,700 $137,600
2016 $3,921 $432,300 $294,700 $137,600
2015 $3,869 $405,100 $294,700 $110,400
2014 $3,573 $405,100 $294,700 $110,400
Source: Public Records

Agents Affiliated with this Home

  • Caroline Watts

    Buyer's Agent in 2013

    Caroline Watts

    BHHS Fox & Roach

    (609) 254-4756

    30 in this area

    52 Total Sales

    Caroline Watts
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 400131

South Jersey Shore Regional MLS

APN: 08-01604-0000-00009

New Jersey Cape May County Ocean City 08226

1639 West Ave, Ocean City, NJ

This home is located at 1639 West Ave, Ocean City, NJ 08226 since 04 September 2012 and is currently estimated at $1,044,222. This property was built in 1966. 1639 West Ave 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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