$1,526,000
SOLD MAY 1, 2025

1702 Wesley Ave Ocean City, NJ 08226

4 Beds
2.5 Baths
2,470 Sq Ft
2,091 Sq Ft Lot

Recently Sold

$618 Per Sq Ft

20% Below List Price

205 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Furnished
  • Walk-In Closet

About This Home

As of May 2025

This American Country Style Single-Family home is located one-half block from the beach and boardwalk in a classic Gold Coast neighborhood. Bring your family and discover the charm that made Ocean City: America's Favorite Family Resort. Designed and tastefully remodeled to support a big family and many guests, it has become a favorite summer rental. The 4-story layout with attached garage includes a ground floor den, laundry room and guest area, half bath and enclosed outside shower . Second floor with modern Kitchen with Refrigerator, Beverage Frig, Wine Frig and separate icemaker leads into the great room and dining area adjoining a spacious back deck with plenty of room to entertain family and friends! The Two refrigerators, Beverage frig, wine bar and ice maker are included to keep it chill. The Backyard with an enclosed outdoor shower is pet friendly, totally fenced in and partially shaded by the large upper deck. The 3rd floor contains the Master suite with private bath plus two separate bedrooms and a shared bath. The 4th floor dormitory will surprise with 6 twin beds allowing room for many a guest. Great Rental Income, Currently peak weeks of the Summer are renting for up to $7500 per week. This is probably the best priced Single family home on the Goldcoast! A must see!

Last Agent to Sell the Property

Douglas Weiland

Compass New Jersey-Ocean City (O463H) License #1004073 Listed on: 08/31/2024

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

JAMES F MONTELEONE

BERGER REALTY-A License #SP-8838705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,170

Lot Details

  • Lot Dimensions are 30x70
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Insulated Windows
  • Blinds
  • Great Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,170

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Furnished
  • Lvt Date: 08/31/2024
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood
  • Interior Amenities: Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Enclosed Outside Shower
  • Siding Exterior: Cedar
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 30x70
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Apr 24, 2025
Sold by
Kent Mark A and Kent Susan A
Bought by
Wilkes Paul Taylor and Wilkes Christine Monteleone
Seller's Agent
Douglas Weiland
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
JAMES F MONTELEONE
BERGER REALTY-A
List Price
$1,900,000
Sold Price
$1,526,000
Premium/Discount to List
-$374,000
-19.68%
Views
80
Current Estimated Value
$1,722,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,110
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,220,800
Outstanding Balance
$1,219,615
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$332,474

Purchase Details

Closed on
Aug 13, 2018
Sold by
Briner Jack R and Briner Judith S
Bought by
Werner Robert and Werner Judith

Purchase Details

Closed on
May 25, 2012
Sold by
Gales Nelson H
Bought by
Kent Mark A and Kent Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,600
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Hannon Robert J
Bought by
Iannucci Albert J and Iannucci Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.08%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,526,000 Title Company Of Jersey
Deed $1,526,000 Title Company Of Jersey
Deed $946,000 --
Bargain Sale Deed $742,000 Chicago Title Company Llc
Deed $540,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,220,800 New Conventional
Closed $1,220,800 New Conventional
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $533,300 Stand Alone Refi Refinance Of Original Loan
Previous Owner $593,600 New Conventional
Previous Owner $650,000 Purchase Money Mortgage
Previous Owner $114,750 Credit Line Revolving
Previous Owner $665,000 Fannie Mae Freddie Mac
Previous Owner $433,244 Stand Alone First
Previous Owner $432,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $1,526,000 +1.8% $618 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $1,499,000 -6.3% $607 / Sq Ft
03/04/2025 03/04/25 Price Changed $1,599,000 -3.1% $647 / Sq Ft
11/18/2024 11/18/24 Price Changed $1,650,000 -7.6% $668 / Sq Ft
10/11/2024 10/11/24 Price Changed $1,785,000 -6.1% $723 / Sq Ft
08/31/2024 08/31/24 For Sale $1,900,000 -- $769 / Sq Ft
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 $8,170 $728,200 $582,300 $145,900
2024 $8,170 $728,200 $582,300 $145,900
2023 $7,799 $728,200 $582,300 $145,900
2022 $7,493 $728,200 $582,300 $145,900
2021 $5,432 $728,200 $582,300 $145,900
2020 $7,122 $728,200 $582,300 $145,900
2019 $7,042 $728,200 $582,300 $145,900
2018 $6,976 $728,200 $582,300 $145,900
2017 $6,867 $728,200 $582,300 $145,900
2016 $6,605 $728,200 $582,300 $145,900
2015 $6,517 $728,200 $582,300 $145,900
2014 $6,423 $728,200 $582,300 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 588595

South Jersey Shore Regional MLS

APN: 08-01702-0000-00015