NOT LISTED FOR SALE

2217 Wesley Ave Unit 6 Ocean City, NJ 08226

Estimated Value: $542,000 - $750,000

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

Last Sold March 11, 2016

Last sale price $270,000

Est. 139% increase in value since last sale

Current estimated payment $3,653/month

64 Days on Market

Highlights

  • Ocean Front
  • Deck
  • End Unit
  • Ocean City Primary School Rated A
  • Main Floor Bedroom
  • Furnished

About This Home

As of March 2016

A rare opportunity to own a 1 bedroom / 1 bath cozy beachfront condo on the Gold Coast of Ocean City. Very well kept and updated 1st floor condo just steps to the private boardwalk entrance and beach. This property is perfect for a buyer who wants a low maintenance, cozy condo right off the beach and boardwalk in the nicest of neighborhoods with some of the best beaches. Or if you are looking for a rental property, this one has a great rental history with over $16,000+ in rentals! Being Sold Furnished!

Last Agent to Sell the Property

Chris Monihan

MONIHAN REALTY Listed on: 11/10/2015

Co-Listed By

Michael Monihan

MONIHAN REALTY License #7817669

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,798

Lot Details

  • Ocean Front
  • End Unit

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Den
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water
  • Wesley Ave Condos

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
  • Also Includes: Blinds, Curtains, 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: Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 1
  • Bedroom 1: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Area
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Masonry/Block, Shingle, Wood

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Wesley Ave
  • Management: Association

Lot Info

  • Location: Boardwalk Front, Ocean Front

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Mar 11, 2016
Sold by
Russell John and Russell Barbara Ann
Bought by
Browne Wayne S and Browne Lynn G
Seller's Agent
Chris Monihan
MONIHAN REALTY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$644,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,956
Avg. Annual Appreciation
8.39%

Purchase Details

Listed on
Aug 30, 2013
Closed on
May 2, 2014
Sold by
Mcdevitt Hagan Tracey M and Loring Richard
Bought by
Russell John and Russell Barbara Ann
Seller's Agent
JAMES SCOTT
FOX REAL ESTATE-Brighton
Buyer's Agent
George Rumer
CENTURY 21 ALLIANCE-O1O4J
List Price
$262,500
Sold Price
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$210,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2003
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
Browne Wayne S $270,000 Infinity Title Agency Inc
Russell John $262,500 Group 21 Title Agency
-- $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell John $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $270,000 0.0% --
01/13/2016 01/13/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $270,000 +2.9% --
05/02/2014 05/02/14 Sold $262,500 0.0% --
03/18/2014 03/18/14 Pending -- -- --
08/30/2013 08/30/13 For Sale $262,500 -- --
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: 458018

South Jersey Shore Regional MLS

APN: 08-02200-0000-00005-0000-C6