NOT LISTED FOR SALE

2116 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,386,000 - $1,716,000

5 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $1,230,000

Est. 24% increase in value since last sale

Current estimated payment $8,672/month

Highlights

  • Deck
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of October 2022

Are you looking for a home large enough for the entire family that offers a Master and Junior Master Suite? Look no further than this custom Duncan Homes built 1st floor condo offering top of the line amenities throughout. The 5 Bedroom 3 1/2 Bath home has never been rented and is being sold partially furnished. Whether you are looking for a second home or an investment property this one checks off all the boxes as it has excellent rental income potential. As you enter the home off of the front deck you become immersed in all the details from hardwood floors throughout, granite counter tops, tiled backsplash in the kitchen, tiled bathrooms, tub surrounds and glass enclosures. The garage offers ample parking and storage for your grill, bikes and beach accessories. You can rinse off from the beach in your cabana shower and store your kayaks, SUP and/surfboards in the additional storage area.

Last Agent to Sell the Property

Damon Bready

BHHS FOX and ROACH-Simpson OC Listed on: 07/16/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,490

Year Built

  • Built in 2016

Lot Details

  • 5,009

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Garage
  • Parking Pad

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

$7,490

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains
  • Lvt Date: 07/16/2022
  • Year Built: 2016
  • Age: 6 To 10 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: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Primary Br On 1st Floor, Pantry
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Masonry/Block, Vinyl

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: 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), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Oct 21, 2022
Sold by
Calabretta Christopher A and Calabretta Louise J
Bought by
Laurence Chad and Laurence Ellen
Seller's Agent
Damon Bready
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$1,299,000
Sold Price
$1,230,000
Premium/Discount to List
-$69,000
-5.31%
Views
95
Current Estimated Value
$1,524,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,044
Avg. Annual Appreciation
7.59%
Original Mortgage
$985,000
Outstanding Balance
$954,400
Interest Rate
6.94%
Estimated Equity
$569,644

Purchase Details

Closed on
Aug 28, 2017
Sold by
Felix Kimberly Coyle
Bought by
Calabretta Christopher A and Calabretta Louise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Duncan Real Estate Investments Llc
Bought by
Felix Robert and Coyle Felix Kimberly

Purchase Details

Closed on
Mar 25, 2016
Sold by
Beuttel Elfrieda A
Bought by
Duncan Real Estate Investments Llc and Devon Douglas And Dolan Llc

Purchase Details

Closed on
Oct 23, 2015
Sold by
Beuttel Elfrieda A
Bought by
Beuttel Elfrieda A and Duncan Real Estate Investments Llc

Purchase Details

Closed on
Dec 15, 2010
Sold by
Beuttel Eldrieda A
Bought by
Beuttel Elfrieda A

Purchase Details

Closed on
Jun 16, 2009
Sold by
Andrea Elfrieda C
Bought by
Elfrieda C Andrea Irrevocable Trust
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
Laurence Chad $1,230,000 Freedom Title
Laurence Chad $1,230,000 Freedom Title
Calabretta Christopher A $695,000 Freedom Title & Abstract
Felix Robert $670,000 North American Title
Duncan Real Estate Investments Llc -- North American Title
Beuttel Elfrieda A -- None Available
Beuttel Elfrieda A -- None Available
Elfrieda C Andrea Irrevocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurence Chad $985,000
Closed Laurence Chad $985,000
Previous Owner Calabretta Christopher A $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $1,230,000 -5.3% --
08/23/2022 08/23/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $1,299,000 -- --
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
2025 $7,490 $667,600 $244,400 $423,200
2024 $7,490 $667,600 $244,400 $423,200
2023 $7,150 $667,600 $244,400 $423,200
2022 $6,870 $667,600 $244,400 $423,200
2021 $4,980 $667,600 $244,400 $423,200
2020 $6,529 $667,600 $244,400 $423,200
2019 $6,456 $667,600 $244,400 $423,200
2018 $6,396 $667,600 $244,400 $423,200
2017 $6,295 $667,600 $244,400 $423,200
Source: Public Records

Agents Affiliated with this Home

  • Damon Bready

    Seller's Agent in 2022

    Damon Bready

    BHHS Fox & Roach

    (609) 703-3030

    40 in this area

    153 Total Sales

    Damon Bready
    Section Image
  • Patrick Halliday

    Buyer's Agent in 2022

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    217 in this area

    365 Total Sales

    Patrick Halliday
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 565190

South Jersey Shore Regional MLS

APN: 08 02104-0000-00014-0000-C1

New Jersey Cape May County Ocean City 08226

2116 West Ave Unit 1, Ocean City, NJ

This home is located at 2116 West Ave Unit 1, Ocean City, NJ 08226 since 16 July 2022 and is currently estimated at $1,524,044. This property was built in 2016. 2116 West 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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