NOT LISTED FOR SALE

2008 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,416,000 - $1,440,085

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

Last Sold December 18, 2020

Last sale price $835,000

Est. 71% increase in value since last sale

Current estimated payment $8,196/month

Highlights

  • Wood Flooring
  • Furnished
  • 2 Car Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

GOLDCOAST BEAUTY! THIS IMMACULATE 1ST FLOOR FEATURES 4 LARGE BEDROOMS, 2 FULL-BATHS, 1 HALF-BATH, 2 HUGE DECKS, HARDWOOD FLOORS, NEW PAINT, NEW FURNITURE, NEW ROOF, FULLY FURNISHED, GREAT RENTAL HISTORY, CLOSE TO BEACH/BOARDWALK, AND MUCH MORE! CONTACT LISTING AGENT FOR MORE DETAILS OR A PRIVATE SHOWING. THIS WILL NOT LAST!

Last Agent to Sell the Property

Daniel Maimone

Compass New Jersey-Ocean City (O463E) Listed on: 08/11/2020

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,335

Lot Details

  • 4,008

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Wood Flooring
  • Storage In Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include insurance

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,335

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Furnished
  • Lvt Date: 08/13/2020
  • 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, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2005
Sold by
Bf Ventures Llc
Bought by
Korsen Edward D and Korsen Katherine
Current Estimated Value
$1,430,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Outstanding Balance
$381,033
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$1,056,642

Purchase Details

Closed on
Sep 15, 2004
Sold by
Klaiss Dorothy E and Klaiss John W
Bought by
Bf Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,159,200
Interest Rate
6.02%
Mortgage Type
Construction
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
Korsen Edward D $970,000 Congress Title
Bf Ventures Llc $887,500 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korsen Edward D $776,000
Previous Owner Bf Ventures Llc $1,159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $835,000 -2.9% --
11/02/2020 11/02/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $859,900 0.0% --
10/28/2020 10/28/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $859,900 -4.4% --
08/11/2020 08/11/20 For Sale $899,900 -- --
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 $7,335 $653,700 $343,900 $309,800
2024 $7,335 $653,700 $343,900 $309,800
2023 $7,001 $653,700 $343,900 $309,800
2022 $6,727 $653,700 $343,900 $309,800
2021 $6,570 $653,700 $343,900 $309,800
2020 $6,393 $653,700 $343,900 $309,800
2019 $6,321 $653,700 $343,900 $309,800
2018 $6,262 $653,700 $343,900 $309,800
2017 $6,164 $653,700 $343,900 $309,800
2016 $5,929 $653,700 $343,900 $309,800
2015 $5,851 $653,700 $343,900 $309,800
2014 $5,766 $653,700 $343,900 $309,800
Source: Public Records

Agents Affiliated with this Home

  • Daniel Maimone

    Seller's Agent in 2020

    Daniel Maimone

    Compass New Jersey-Ocean City (O463E)

    (609) 670-9978

    48 in this area

    51 Total Sales

    Daniel Maimone
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 540589

South Jersey Shore Regional MLS

APN: 08-02002-0000-00016-0000-C1

New Jersey Cape May County Ocean City 08226

2008 Central Ave Unit 1, Ocean City, NJ

This home is located at 2008 Central Ave Unit 1, Ocean City, NJ 08226 since 11 August 2020 and is currently estimated at $1,430,521. 2008 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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