NOT LISTED FOR SALE

1916 Wesley Ave Ocean City, NJ 08226

Estimated Value: $2,990,000 - $4,700,000

5 Beds
7 Baths
3,954 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $2,110,000 $534 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $23,253/month

109 Days on Market

Highlights

  • Cabana
  • Multiple Fireplaces
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of August 2014

Absolutely spectacular 5 bedroom, 5 bath with 2 half baths, den, fully equipped gourmet kitchen, elevator, hardwood floors, gas heat & central air - 3 zones, 2 gas fireplaces - living room and master, 2 laundry rooms, central vac, private master bedroom with sitting area and deck. Fantastic tile baths in bedrooms, vinyl shake siding, outside cabana, sprinklers, alarm system, intercom/stereo, oversized 2 car gar. beautifully finished and equipped. This home has everything in Ocean City's best location. WOW!

Last Agent to Sell the Property

Thomas Melchionni

BERGER REALTY-Main License #SB-7857234 Listed on: 02/15/2014

Co-Listed By

DONNA BROWN

BERGER REALTY-Main

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,248

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50' x 120'
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Burglar Security System
  • Intercom
  • Carbon Monoxide Detectors

Pool

  • Cabana
  • Outdoor Shower

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,248

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 6 To 10 Years
  • Also Includes: Fireplace Equipment, Partially Furnished
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, More Than 1
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Skylight(s), Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space, Partial
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Lower
  • Other Rooms: Den/Tv Room, Dining Room, Great Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Cabana, Curbs, Outside Shower, Patio, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Lot Dimensions: 50' x 120'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Aug 21, 2014
Sold by
Tentilucci Joseph A and Tentilucci Patricia A
Bought by
Cugine Steven P and Cugine Gloria J
Seller's Agent
Thomas Melchionni
BERGER REALTY-Main
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$2,110,000
Sold Price
$2,110,000
Current Estimated Value
$4,004,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,894,714
Avg. Annual Appreciation
6.78%
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Lasalle Real Estate Partner Llc
Bought by
Tentilucci Joseph A and Tentilucci Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,657,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Guoth Richard
Bought by
Lasalle Real Estate Partners L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.15%
Source: Public Records

Range of Values:

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Average Value
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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
Cugine Steven P $2,110,000 Freedom Title & Abstract Co
Tentilucci Joseph A $2,550,000 Congress Title Division
Lasalle Real Estate Partners L $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cugine Steven P $417,000
Previous Owner Tentilucci Joseph A $1,657,500
Previous Owner Lasalle Real Estate Partners L $1,250,000
Closed Tentilucci Joseph A $342,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $2,110,000 0.0% $534 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $2,110,000 -- $534 / 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 $24,248 $2,161,100 $1,067,000 $1,094,100
2024 $24,248 $2,161,100 $1,067,000 $1,094,100
2023 $23,145 $2,161,100 $1,067,000 $1,094,100
2022 $22,065 $2,144,300 $1,067,000 $1,077,300
2021 $15,996 $2,144,300 $1,067,000 $1,077,300
2020 $20,971 $2,144,300 $1,067,000 $1,077,300
2019 $20,735 $2,144,300 $1,067,000 $1,077,300
2018 $20,542 $2,144,300 $1,067,000 $1,077,300
2017 $20,221 $2,144,300 $1,067,000 $1,077,300
2016 $19,449 $2,144,300 $1,067,000 $1,077,300
2015 $19,191 $2,144,300 $1,067,000 $1,077,300
2014 $18,913 $2,144,300 $1,067,000 $1,077,300
Source: Public Records

Agents Affiliated with this Home

  • Thomas Melchionni

    Seller's Agent in 2014

    Thomas Melchionni

    BERGER REALTY-Main

    (609) 602-8208

    18 in this area

    18 Total Sales

    Thomas Melchionni
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    DONNA BROWN

    BERGER REALTY-Main

    34 in this area

    37 Total Sales

    DONNA BROWN
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2014

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    159 in this area

    506 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 424216

South Jersey Shore Regional MLS

APN: 08-01902-0000-00019

New Jersey Cape May County Ocean City 08226

1916 Wesley Ave, Ocean City, NJ

This home is located at 1916 Wesley Ave, Ocean City, NJ 08226 since 15 February 2014 and is currently estimated at $4,004,714, approximately $1,012 per square foot. This property was built in 2005. 1916 Wesley Ave 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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