NOT LISTED FOR SALE

2224 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $954,541 - $1,225,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold March 11, 2013

Last sale price $490,000

Est. 117% increase in value since last sale

Current estimated payment $6,115/month

3 Days on Market

Highlights

  • Furnished
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • Forced Air Heating and Cooling System

About This Home

As of March 2013

Here is your chance to buy a "Gold Coast" condo at it's finest! Freshly painted this 3 bedroom 2 baths 1st floor condo is all ready for the 2013 Summer! Drop your bags ready, this condo has it all, central air, gas heat, outside shower, attached garage, off-street parking, storage and much more. This unit comes furnished with a fantastic rental history!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 01/27/2013

Co-Listed By

Chip Collins

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,713

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Amenities

  • Community Deck or Porch
  • Community Storage Space

Recreation

  • Outdoor Community Showers

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,713

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Age: 11 To 15 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: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Dining Room
  • Common Area Features: Enclsd/Covered Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Management: Co-Owner

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2013
Closed on
Mar 11, 2013
Sold by
Ecker Matthew and Ecker Kevin M
Bought by
Riccio Michael and Riccio Marriane
Seller's Agent
Matthew Bader
BERGER REALTY-Main
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$1,063,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,635
Avg. Annual Appreciation
6.49%
Original Mortgage
$392,000
Outstanding Balance
$278,894
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$801,016

Purchase Details

Closed on
Feb 6, 2008
Sold by
Ecker Marianne
Bought by
Ecker Matthew and Ecker Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2007
Sold by
Devlin Donald A and Devlin Maria M
Bought by
Ecker Matthew and Ecker Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Chase Andrew B
Bought by
Devlin Donald A and Devlin Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Riccio Michael $490,000 North American Title
Ecker Matthew -- None Available
Ecker Matthew $533,000 None Available
Devlin Donald A $344,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riccio Michael $392,000
Previous Owner Ecker Matthew $417,000
Previous Owner Ecker Matthew $426,400
Previous Owner Devlin Donald A $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Sold $490,000 0.0% --
01/30/2013 01/30/13 Pending -- -- --
01/27/2013 01/27/13 For Sale $490,000 -- --
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 $5,713 $509,200 $268,500 $240,700
2024 $5,713 $509,200 $268,500 $240,700
2023 $5,454 $509,200 $268,500 $240,700
2022 $5,240 $509,200 $268,500 $240,700
2021 $3,799 $509,200 $268,500 $240,700
2020 $4,980 $509,200 $268,500 $240,700
2019 $4,924 $509,200 $268,500 $240,700
2018 $4,878 $509,200 $268,500 $240,700
2017 $4,802 $509,200 $268,500 $240,700
2016 $4,618 $509,200 $268,500 $240,700
2015 $4,557 $509,200 $268,500 $240,700
2014 $4,491 $509,200 $268,500 $240,700
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2013

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    69 in this area

    75 Total Sales

    Matthew Bader
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Chip Collins

    BERGER REALTY-Main

    (800) 427-0076

    53 in this area

    58 Total Sales

    Chip Collins
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 405851

South Jersey Shore Regional MLS

APN: 08-02203-0000-00021-01-C1

New Jersey Cape May County Ocean City 08226

2224 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 2224 Asbury Ave Unit 1, Ocean City, NJ 08226 since 27 January 2013 and is currently estimated at $1,063,635. 2224 Asbury 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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