NOT LISTED FOR SALE

2061 West Ave Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $822,000 - $1,150,000

3 Beds
2 Baths
-- Sq Ft
4,487 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $545,000

Est. 73% increase in value since last sale

Current estimated payment $5,373/month

Highlights

  • Wood Flooring
  • Central Air
  • Ceiling Fan
  • Ocean City Primary School Rated A

About This Home

As of January 2021

Located on an oversized 50x90 foot lot, come see this spacious second floor unit offering 3 bedrooms, 2 bathrooms, upgraded appliances, upgraded kitchen with new countertops and backsplash, freshly painted interior, large front and rear decks, private entrance, enclosed outdoor shower and much more!

Last Agent to Sell the Property

Ben Duncan

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 11/05/2020

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Last Buyer's Agent

ZACHERY FEINSTEIN

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,763

Lot Details

  • 4,487

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Site Parking

Utilities

  • Central Air

Community Details

Overview

  • West Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,763

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds
  • Lvt Date: 11/05/2020
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Carport, Off Site Parking

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Condo Name: West Ave
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 29, 2021
Sold by
Shore Holdings Llc
Bought by
Hill Ryan and Rivoli Kayla
Seller's Agent
Ben Duncan
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
ZACHERY FEINSTEIN
Compass New Jersey-Ocean City (O463E)
List Price
$579,900
Sold Price
$545,000
Premium/Discount to List
-$34,900
-6.02%
Current Estimated Value
$942,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,209
Avg. Annual Appreciation
13.23%
Original Mortgage
$490,500
Outstanding Balance
$438,949
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$532,466

Purchase Details

Closed on
Jun 10, 2016
Sold by
Johnson David B
Bought by
Shore Holdings Llc
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
Hill Ryan $545,000 Misc Company
Shore Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Ryan $490,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $545,000 -2.5% --
12/23/2020 12/23/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $559,000 -3.6% --
11/05/2020 11/05/20 For Sale $579,900 -- --
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 $4,763 $424,500 $215,800 $208,700
2024 $4,763 $424,500 $215,800 $208,700
2023 $4,546 $424,500 $215,800 $208,700
2022 $4,368 $424,500 $215,800 $208,700
2021 $2,980 $399,500 $215,800 $183,700
2020 $3,907 $399,500 $215,800 $183,700
2019 $3,863 $399,500 $215,800 $183,700
2018 $3,827 $399,500 $215,800 $183,700
2017 $3,767 $399,500 $215,800 $183,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 544282

South Jersey Shore Regional MLS

APN: 08-02003-0000-00001-0000-C2