NOT LISTED FOR SALE

1643 Asbury Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,129,000 - $1,528,078

4 Beds
2 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold July 02, 2019

Last sale price $769,750

Est. 79% increase in value since last sale

Current estimated payment $8,167/month

58 Days on Market

About This Home

As of July 2019

Built by Surfside Construction, this 2nd Floor Condo will feature 4 bedrooms and 2 full bahrooms. A generous allowance for custom kitchen cabinets, tops, backslpash, and appliances. Relax in a great room with engineered floors and enjoy tiled bathrooms and carpeted bedrooms. Enjoy the views from the rooftop deck! Interior trim package includes beadboard and crown molding. Other features include seperate entrances, extra sound proofing from solid core interior doors and overhead garage doors with openers

Last Agent to Sell the Property

Edward Kershbaumer

Compass New Jersey-Ocean City (O463E) License #0999614 Listed on: 01/05/2019

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Ken Sedberry

BERGER REALTY-Main License #SB-8035118

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,343

Lot Details

  • 3,746

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 3-Story Property
  • Heating System Uses Natural Gas

Community Details

Overview

  • 16Th St Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,343

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 01/05/2019
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Condo Name: 16th St

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2019
Closed on
Jul 2, 2019
Sold by
Murphy James F and Murphy Virginia F
Bought by
Murphy James F and Murphy Virginia E
Seller's Agent
Edward Kershbaumer
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Ken Sedberry
BERGER REALTY-Main
List Price
$799,000
Sold Price
$769,750
Premium/Discount to List
-$29,250
-3.66%
Current Estimated Value
$1,379,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,020
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Oct 31, 2018
Sold by
Murphy James F and Murphy Virginia E
Bought by
Murphy James F and Murphy Virginia E
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
Murphy James F -- North American Title
Murphy James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy James F $190,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $769,750 -3.7% --
03/04/2019 03/04/19 Pending -- -- --
01/05/2019 01/05/19 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 $7,343 $654,500 $304,200 $350,300
2024 $7,343 $654,500 $304,200 $350,300
2023 $7,010 $654,500 $304,200 $350,300
2022 $6,735 $654,500 $304,200 $350,300
2021 $4,883 $654,500 $304,200 $350,300
2020 $6,401 $654,500 $304,200 $350,300
Source: Public Records

Agents Affiliated with this Home

  • Edward Kershbaumer

    Seller's Agent in 2019

    Edward Kershbaumer

    Compass New Jersey-Ocean City (O463E)

    (609) 350-9922

    5 in this area

    19 Total Sales

    Section Image
  • Ken Sedberry

    Buyer's Agent in 2019

    Ken Sedberry

    BERGER REALTY-Main

    (609) 442-3850

    37 in this area

    45 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 515699

South Jersey Shore Regional MLS

APN: 08 01603-0000-00005-0000-C1

New Jersey Cape May County Ocean City 08226

1643 Asbury Ave Unit 2, Ocean City, NJ

This home is located at 1643 Asbury Ave Unit 2, Ocean City, NJ 08226 since 05 January 2019 and is currently estimated at $1,379,770. 1643 Asbury 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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