NOT LISTED FOR SALE

1725 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,249,000 - $1,556,000

4 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $1,325,000

Est. 8% increase in value since last sale

Current estimated payment $8,177/month

60 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • 1 Car Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Intercom

About This Home

As of December 2023

Beautiful Goldcoast area 4 bedroom 3 full bath 1st floor condo with Master suite and also a junior master suite. Recent upgrades include granite counter tops, custom kitchen cabinets, hardwood flooring in living area and hallway (all new in 2019). Additional features included: gas fireplace, gas heat, central air, garage for one car and plenty of storage with an enclosed outside shower and much more. Being offered fully furnished (excluding personal items) and move in ready. No damage during SANDY. Located on the Ocean Side of Central. Just steps to the beach and the boardwalk.

Last Agent to Sell the Property

William Godfrey

MARR AGENCY Listed on: 08/31/2023

Last Buyer's Agent

William Godfrey

MARR AGENCY Listed on: 08/31/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,991

Year Built

  • Built in 2003

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Central Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,991

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 08/31/2023
  • Year Built: 2003
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 3

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Condo Name: Central Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Dec 29, 2023
Sold by
Adams Todd A and Adams Melissa
Bought by
Herrman Kurt and Herrman Cynthia
Seller's Agent
William Godfrey
MARR AGENCY
Buyer's Agent
William Godfrey
MARR AGENCY
List Price
$1,399,000
Sold Price
$1,325,000
Premium/Discount to List
-$74,000
-5.29%
Views
30
Current Estimated Value
$1,425,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,283
Avg. Annual Appreciation
4.33%
Original Mortgage
$300,000
Outstanding Balance
$288,216
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$1,137,067

Purchase Details

Listed on
Jul 14, 2018
Closed on
Oct 26, 2018
Sold by
Devlin Donald and Devlin Maria
Bought by
Adams Todd A and Adams Melissa
Seller's Agent
Lisa Dastuto
Vylla Home - Northfield
Buyer's Agent
William Godfrey
MARR AGENCY
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Jan 20, 2007
Sold by
Cooper Daniel L and Cooper Cari A
Bought by
Devlin Donald and Devlin Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Constant Deborah A
Bought by
Ranieri Joseph W
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
Herrman Kurt $1,325,000 Freedom Title & Abstract
Adams Todd A $725,000 --
Devlin Donald $742,500 Commonwealth
Ranieri Joseph W $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrman Kurt $300,000
Closed Herrman Kurt $300,000
Previous Owner Devlin Donald $249,000
Previous Owner Devlin Donald $250,000
Previous Owner Cooper Daniel L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $1,325,000 -3.2% --
10/30/2023 10/30/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $1,369,000 -2.1% --
08/31/2023 08/31/23 For Sale $1,399,000 +93.0% --
10/26/2018 10/26/18 Sold $725,000 -3.3% --
09/14/2018 09/14/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $749,900 -3.2% --
07/14/2018 07/14/18 For Sale $775,000 -- --
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 $6,991 $664,000 $318,000 $346,000
2024 $6,991 $623,100 $318,000 $305,100
2023 $6,673 $623,100 $318,000 $305,100
2022 $6,412 $623,100 $318,000 $305,100
2021 $6,262 $623,100 $318,000 $305,100
2020 $6,094 $623,100 $318,000 $305,100
2019 $6,025 $623,100 $318,000 $305,100
2018 $5,927 $618,700 $318,000 $300,700
2017 $5,834 $618,700 $318,000 $300,700
2016 $5,612 $618,700 $318,000 $300,700
2015 $5,537 $618,700 $318,000 $300,700
2014 $5,457 $618,700 $318,000 $300,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577357

South Jersey Shore Regional MLS

APN: 08-01702-0000-00006-0000-C1