$2,680,000
SOLD DEC 13, 2024

1930 Wesley Ave Ocean City, NJ 08226

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

10% Below List Price

85 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • 2 Car Detached Garage
  • Ocean City Primary School Rated A
  • Screened Porch
  • Tankless Water Heater

About This Home

As of December 2024

LOCATION, LOCATION, LOCATION. ONE OF A KIND, GOLD-COAST, MULTI-FAMILY TRIPLEX ON A LARGE 50 X 120 LOT. TWO - 4bds, 1 1/2ba units plus bonus 2bd, 1ba garage apartment. 1/2 block from Gold Coast beach and boardwalk. Exceptional outdoor space and plenty of off street parking.

Last Agent to Sell the Property

David Cates

BHHS FOX and ROACH-Simpson OC License #2296431 Listed on: 09/03/2024

BHHS FOX and ROACH-Simpson OC

Co-Listed By

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC License #0336248

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,662

Lot Details

  • Lot Dimensions are 50 x 120
  • Building is beachfront but unit may not have water views
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • Furnished
  • Screened Porch
  • Crawl Space
  • Stove

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

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

Community Details

Overview

  • 3 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,662

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Also Includes: Furnished
  • Lvt Date: 09/05/2024
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Stove, Refrigerator, Washer
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Porch, Porch-Screened, Sprinkler System
  • Siding Exterior: Wood Shingle

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas, Tankless-Gas

Lot Info

  • Location: Beach Block, Boardwalk Area
  • Lot Dimensions: 50 x 120

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 1
  • Number Of4 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Dec 12, 2024
Sold by
Skeuse Elizabeth and Skeuse Richard J
Bought by
1930 Wesley Llc
Seller's Agent
David Cates
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$2,985,000
Sold Price
$2,680,000
Premium/Discount to List
-$305,000
-10.22%
Views
51
Current Estimated Value
$2,674,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,036
Avg. Annual Appreciation
-0.31%
Original Mortgage
$1,600,000
Outstanding Balance
$1,593,738
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,081,226

Purchase Details

Closed on
Apr 30, 1996
Sold by
Mckenzie John Mc
Bought by
Skeuse Richard and Skeuse Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.82%

Purchase Details

Closed on
Jun 30, 1988
Sold by
Mckenzie John
Bought by
Mckenzie John
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 $2,680,000 Trident Land Transfer
Deed $2,680,000 Trident Land Transfer
Deed $335,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 New Conventional
Closed $1,600,000 New Conventional
Previous Owner $235,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $2,680,000 -10.2% --
11/27/2024 11/27/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $2,985,000 -- --
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
2024 $12,662 $1,128,500 $1,067,000 $61,500
2023 $12,086 $1,128,500 $1,067,000 $61,500
2022 $11,612 $1,128,500 $1,067,000 $61,500
2021 $10,913 $1,128,500 $1,067,000 $61,500
2020 $11,037 $1,128,500 $1,067,000 $61,500
2019 $10,913 $1,128,500 $1,067,000 $61,500
2018 $10,811 $1,128,500 $1,067,000 $61,500
2017 $10,642 $1,128,500 $1,067,000 $61,500
2016 $10,236 $1,128,500 $1,067,000 $61,500
2015 $10,100 $1,128,500 $1,067,000 $61,500
2014 $9,953 $1,128,500 $1,067,000 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 588728

South Jersey Shore Regional MLS

APN: 08-01902-0000-00022