NOT LISTED FOR SALE

1809 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,358,630 - $1,525,000

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

Last Sold September 04, 2019

Last sale price $720,000

Est. 99% increase in value since last sale

Current estimated payment $8,162/month

91 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Large and spacious Goldcoast first floor featuring four bedrooms, two full baths, gas heat, central air, gas fireplace, ceiling fans, equipped kitchen with center island, huge front deck, vinyl siding and railings, additional full bath in garage, lots of storage, less than two blocks to the beach, and close to the boardwalk.

Last Agent to Sell the Property

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 01/25/2019

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Mark Grimes

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,950

Year Built

  • Built in 2000

Lot Details

  • 4,008

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,950

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 01/25/2019
  • Year Built: 2000
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Aug 27, 2019
Sold by
Mcdermott Patrick A and Mcdermott Bernadette M
Bought by
Iafolla Anthony M and Iafolla Kathleen M
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$774,900
Sold Price
$720,000
Premium/Discount to List
-$54,900
-7.08%
Current Estimated Value
$1,430,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,158
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Serfling Veronica M
Bought by
Mcdermott Patrick A and Mcdermott Bernadette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Iafolla Anthony M $720,000 --
Mcdermott Patrick A $630,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdermott Patrick A $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $720,000 -4.0% --
04/26/2019 04/26/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $749,900 -3.2% --
01/25/2019 01/25/19 For Sale $774,900 -- --
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 $6,950 $619,400 $333,900 $285,500
2024 $6,950 $619,400 $333,900 $285,500
2023 $6,634 $619,400 $333,900 $285,500
2022 $6,374 $619,400 $333,900 $285,500
2021 $4,621 $619,400 $333,900 $285,500
2020 $6,058 $619,400 $333,900 $285,500
2019 $5,990 $619,400 $333,900 $285,500
2018 $5,934 $619,400 $333,900 $285,500
2017 $5,841 $619,400 $333,900 $285,500
2016 $5,618 $619,400 $333,900 $285,500
2015 $5,544 $619,400 $333,900 $285,500
2014 $5,463 $619,400 $333,900 $285,500
Source: Public Records

Agents Affiliated with this Home

  • Peter Madden

    Seller's Agent in 2019

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    129 in this area

    150 Total Sales

    Peter Madden
    Section Image
  • Mark Grimes

    Buyer's Agent in 2019

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 516745

South Jersey Shore Regional MLS

APN: 08-01802-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

1809 Central Ave Unit 1, Ocean City, NJ

This home is located at 1809 Central Ave Unit 1, Ocean City, NJ 08226 since 25 January 2019 and is currently estimated at $1,430,158. This property was built in 2000. 1809 Central Ave Unit 1 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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