NOT LISTED FOR SALE

17 Ocean Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,221,708 - $1,521,000

5 Beds
3.5 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold November 19, 2012

Last sale price $650,000

Est. 115% increase in value since last sale

Current estimated payment $8,005/month

204 Days on Market

Highlights

  • Burglar Security System
  • Laundry Room
  • Dining Room
  • Ocean City Primary School Rated A
  • Zoned Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of November 2012

Between North and First Streets on Ocean Ave. Just 6 Years Old This 5 Bedroom Condo Mostly Furnished Custom Property Has Two Master Suites, 3.5 Tiled Baths, 3 Decks, Upgraded Kitchen w/ Pantry and Granite Counters, Jacuzzi, Wetbar, Gas Fireplace, Garage, Full Laundry Room, Cabana Shower, Tons of Closets and Huge Walk Up Attic. Close to the Beach and Boardwalk with Deli and Restaurants Just Around the Corner in One of the Last Classic Quiet Ocean City Neighborhoods - Great Rental History. Don't Miss Out!!!

Last Agent to Sell the Property

BRIAN EDWARDS

BHHS FOX and ROACH-109 34th OC Listed on: 03/02/2012

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

BRIAN EDWARDS

BHHS FOX and ROACH-109 34th OC Listed on: 03/02/2012

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,122

Year Built

  • Built in 2006

Lot Details

  • 3,920

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Dining Room
  • Burglar Security System

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,122

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Year Built: 2006
  • Age: 2 To 5 Years
  • 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

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Stucco, Vinyl

Utilities

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

Multi Family

  • Unit Features: Fireplace(s)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
William H Walters Ft
Bought by
Wacker Gregory and Wacker Patricia
Current Estimated Value
$1,397,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Outstanding Balance
$518,483
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$879,444

Purchase Details

Closed on
Feb 28, 2017
Sold by
Walters William H
Bought by
The William H Walters Ocean City Family

Purchase Details

Listed on
Mar 2, 2012
Closed on
Nov 17, 2012
Sold by
Dole Thomas and Dole Jo
Bought by
Walters William H
Seller's Agent
BRIAN EDWARDS
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
BRIAN EDWARDS
BHHS FOX and ROACH-109 34th OC
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$350,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Dole Thomas and Donaldson Douglas A
Bought by
Dole Thomas and Dole Jo

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
6.67%
Mortgage Type
New Conventional
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
Wacker Gregory $740,000 --
The William H Walters Ocean City Family -- None Available
The William H Walters Ocean City Family -- None Available
Walters William H $650,000 The Title Company Of Jersey
Dole Thomas -- I Abstract & Title Agency Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wacker Gregory $592,000
Previous Owner Walters William H $350,000
Previous Owner Dole Thomas $310,000
Previous Owner Dole Thomas $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2012 11/19/12 Sold $650,000 0.0% --
09/22/2012 09/22/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $650,000 -- --
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 $7,122 $634,800 $225,800 $409,000
2024 $7,122 $634,800 $225,800 $409,000
2023 $6,799 $634,800 $225,800 $409,000
2022 $6,532 $634,800 $225,800 $409,000
2021 $4,736 $634,800 $225,800 $409,000
2020 $6,208 $634,800 $225,800 $409,000
2019 $6,139 $634,800 $225,800 $409,000
2018 $6,081 $634,800 $225,800 $409,000
2017 $5,986 $634,800 $225,800 $409,000
2016 $5,758 $634,800 $225,800 $409,000
2015 $5,681 $634,800 $225,800 $409,000
2014 $5,599 $634,800 $225,800 $409,000
Source: Public Records

Agents Affiliated with this Home

  • BRIAN EDWARDS

    Seller's Agent in 2012

    BRIAN EDWARDS

    BHHS Fox & Roach

    (609) 287-5485

    2 in this area

    4 Total Sales

    BRIAN EDWARDS
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 391417

South Jersey Shore Regional MLS

APN: 08-00007-0000-00009-0000-C2

New Jersey Cape May County Ocean City 08226

17 Ocean Ave Unit 2, Ocean City, NJ

This home is located at 17 Ocean Ave Unit 2, Ocean City, NJ 08226 since 02 March 2012 and is currently estimated at $1,397,927. This property was built in 2006. 17 Ocean 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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