1701 Central Ave Unit 3 Ocean City, NJ 08226
Estimated Value: $1,496,000 - $1,772,000
--
Bed
--
Bath
1,922
Sq Ft
$862/Sq Ft
Est. Value
About This Home
This home is located at 1701 Central Ave Unit 3, Ocean City, NJ 08226 and is currently estimated at $1,656,867, approximately $862 per square foot. 1701 Central Ave Unit 3 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2021
Sold by
Tomlinson Florence R Est
Bought by
Benamar Ramzi and Benamar Maria C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$403,393
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,310,063
Purchase Details
Closed on
Apr 23, 1999
Sold by
Design One Llc
Bought by
Florence Tomlinson Estate
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.95%
Purchase Details
Closed on
May 8, 1998
Sold by
Pellecchia John
Bought by
Design One Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Benamar Ramzi | $980,000 | Freedom Title | |
Benamar Ramzi | $980,000 | Freedom Title | |
Florence Tomlinson Estate | $395,000 | -- | |
Design One Llc | $339,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Benamar Ramzi | $450,000 | |
Closed | Benamar Ramzi | $450,000 | |
Previous Owner | Florence Tomlinson Estate | $240,000 | |
Previous Owner | Design One Llc | $450,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,006 | $802,700 | $397,500 | $405,200 |
2024 | $9,006 | $802,700 | $397,500 | $405,200 |
2023 | $8,597 | $802,700 | $397,500 | $405,200 |
2022 | $8,260 | $802,700 | $397,500 | $405,200 |
2021 | $5,764 | $772,600 | $397,500 | $375,100 |
2020 | $7,556 | $772,600 | $397,500 | $375,100 |
2019 | $7,471 | $772,600 | $397,500 | $375,100 |
2018 | $7,402 | $772,600 | $397,500 | $375,100 |
2017 | $7,286 | $772,600 | $397,500 | $375,100 |
2016 | $7,007 | $772,600 | $397,500 | $375,100 |
2015 | $6,915 | $772,600 | $397,500 | $375,100 |
2014 | $6,814 | $772,600 | $397,500 | $375,100 |
Source: Public Records
Map
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