NOT LISTED FOR SALE

2217 Wesley Ave Unit 5 Ocean City, NJ 08226

Estimated Value: $544,000 - $621,000

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

Last Sold October 08, 2014

Last sale price $239,000

Est. 137% increase in value since last sale

Current estimated payment $3,334/month

47 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • End Unit
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Great Room

About This Home

As of October 2014

Beachfront!! This is the get away you have been looking for! This 1 or 2 bedroom home is located in the Goldcoast and is a turnkey seashore retreat. Great rental possibilities and a must see home!

Last Agent to Sell the Property

MICHAEL MOSS

BERGER REALTY-Main License #1431402 Listed on: 07/21/2014

Co-Listed By

Sean McGinnis

BERGER REALTY-Main License #SP-9587048

Last Buyer's Agent

Sean McGinnis

BERGER REALTY-Main License #SP-9587048

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,798

Lot Details

  • Building is beachfront but unit may not have water views
  • End Unit

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Entrance Foyer
  • Great Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, maintenance, management

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,798

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Furnished
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Stove, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Great Room

Exterior Features

  • Siding Exterior: Wood

Utilities

  • Air Conditioner: Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Front

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Foyer, Handicap Features, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Oct 8, 2014
Sold by
Lyons Nancy F
Bought by
Schaefer Carolyn
Seller's Agent
MICHAEL MOSS
BERGER REALTY-Main
Buyer's Agent
Sean McGinnis
BERGER REALTY-Main
List Price
$239,000
Sold Price
$239,000
Current Estimated Value
$566,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,360
Avg. Annual Appreciation
8.19%
Original Mortgage
$150,000
Outstanding Balance
$116,598
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$444,462

Purchase Details

Closed on
Aug 14, 1990
Sold by
Delong William and Delong Virginia
Bought by
Lyons Henry and Lyons Nancy
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
Schaefer Carolyn $239,900 Surety Title
Lyons Henry $115,000 --
Lyons Henry $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Carolyn $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $239,000 0.0% --
09/06/2014 09/06/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $239,000 -- --
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 $2,798 $249,400 $193,500 $55,900
2024 $2,798 $249,400 $193,500 $55,900
2023 $2,671 $249,400 $193,500 $55,900
2022 $2,566 $249,400 $193,500 $55,900
2021 $1,861 $249,400 $193,500 $55,900
2020 $2,439 $249,400 $193,500 $55,900
2019 $2,412 $249,400 $193,500 $55,900
2018 $2,389 $249,400 $193,500 $55,900
2017 $2,352 $249,400 $193,500 $55,900
2016 $2,262 $249,400 $193,500 $55,900
2015 $2,232 $249,400 $193,500 $55,900
2014 $2,200 $249,400 $193,500 $55,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 432739

South Jersey Shore Regional MLS

APN: 08-02200-0000-00005-0000-C5