NOT LISTED FOR SALE

2204 Wesley Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $3,139,000

6 Beds
4.5 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $2,275,000

Est. 38% increase in value since last sale

Current estimated payment $19,782/month

Highlights

  • New Construction
  • Building is beachfront but unit may not have water views
  • Recreation Room
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2022

"The Sandpiper“ is a stunning new construction 1st-floor condo situated in the Gold Coast section of Ocean City. This is the beautiful beach block summer home you have been looking for with 2,280 square feet of living space, 6 bedrooms, 4.5 baths, and an oversized garage. Enter through the Great room, which highlights hardwood flooring and a luxurious kitchen and dining room, food pantry, a gas fireplace, stainless steel appliances, and a large, modern island. The front deck, with a smooth fiberglass finish, will be the go-to spot to enjoy the sea-breeze and relaxing evening hang-outs. The large front windows allow plenty of sunlight in every room and there is plenty of space for entertaining. You will be within walking distance to Aunt Betty’s Ice Cream shack and Uncle Bill’s pancake house or enjoy some warm Nauti Donuts to satisfy your sweet tooth…Estimated Rental potential of $12,500 per week!

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 07/27/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Linda Watts

BERGER REALTY-D

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,352

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,011

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Recreation Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,352

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 07/27/2021
  • New Construction: Yes
  • Year Built: 2021
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Recreation/Family
  • Common Area Features: Deck/Porch, Outside Shower, Security, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area

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 27, 2021
Closed on
Mar 3, 2022
Sold by
Central Ave Alleyoop Llc
Bought by
Fisher M Lee M and Fisher Carol
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Linda Watts
BERGER REALTY-D
List Price
$2,399,000
Sold Price
$2,275,000
Premium/Discount to List
-$124,000
-5.17%
Current Estimated Value
$3,139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,000
Original Mortgage
$1,600,000
Outstanding Balance
$1,500,253
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jan 31, 2022
Sold by
Central Ave Alleyoop Llc
Bought by
Patel Rajesh R and Patel Sonal
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Linda Watts
BERGER REALTY-D
List Price
$2,399,000
Sold Price
$2,275,000
Premium/Discount to List
-$124,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,500,253
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2021
Sold by
Keosayian John C and Keosayian Barbara
Bought by
Central Aven Alleyoop Llc

Purchase Details

Closed on
Sep 24, 1996
Sold by
Montgomery John K
Bought by
Mulvey David S and Mulvey Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
7.83%

Purchase Details

Closed on
Nov 5, 1990
Sold by
Palmer Margaret G
Bought by
Montgomery John K and Montgomery Anne S
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
Fisher M Lee M $2,275,000 Surety Title
Patel Rajesh R $2,400,000 Deweese David S
Central Aven Alleyoop Llc $2,436,000 None Available
Mulvey David S $508,600 --
Montgomery John K $358,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher M Lee M $1,600,000
Closed Patel Rajesh R $1,920,000
Previous Owner Mulvey David S $381,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $2,275,000 -5.2% --
09/17/2021 09/17/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $2,399,000 -- --
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
2022 $12,352 $1,200,400 $1,200,400 $0
2021 $13,852 $1,378,300 $1,200,400 $177,900
2020 $13,480 $1,378,300 $1,200,400 $177,900
2019 $12,453 $1,287,800 $1,200,400 $87,400
2018 $12,337 $1,287,800 $1,200,400 $87,400
2017 $12,144 $1,287,800 $1,200,400 $87,400
2016 $11,680 $1,287,800 $1,200,400 $87,400
2015 $11,526 $1,287,800 $1,200,400 $87,400
2014 $11,358 $1,287,800 $1,200,400 $87,400
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Phillips

    Seller's Agent in 2022

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    194 in this area

    282 Total Sales

    Dorothy Phillips
    Section Image
  • Linda Watts

    Buyer's Agent in 2022

    Linda Watts

    BERGER REALTY-D

    (609) 230-6595

    12 in this area

    15 Total Sales

    Linda Watts
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 553575

South Jersey Shore Regional MLS

APN: 08-02201-0000-00014

New Jersey Cape May County Ocean City 08226

2204 Wesley Ave Unit 1, Ocean City, NJ

This home is located at 2204 Wesley Ave Unit 1, Ocean City, NJ 08226 since 27 July 2021 and is currently priced at $3,139,000. This property was built in 2021. 2204 Wesley 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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