$850,000
SOLD SEP 25, 2024

223 Ocean Ave Unit 2 Ocean City, NJ 08226

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

6% Below List Price

74 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Furnished
  • 5-minute walk to Lake Memorial Park

About This Home

As of September 2024

Charming Northend second floor condo close proximity to everything including beach and boardwalk. This north end condo features 3 bedrooms, 2 baths, gas heat, central air, outside shower, and storage area.

Last Agent to Sell the Property

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0457059 Listed on: 02/22/2024

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

JJ Perna

Keller Williams Real Estate - Blue Bell License #2334535

Keller Williams Real Estate - Blue Bell

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,249

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,249

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 02/22/2024
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Deck/Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Sep 25, 2024
Sold by
Broad & Market Investments Llc
Bought by
Devinney Francis and Devinney Sara
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
JJ Perna
Keller Williams Real Estate - Blue Bell
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Views
101
Current Estimated Value
$877,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,209
Avg. Annual Appreciation
6.46%
Original Mortgage
$325,000
Outstanding Balance
$322,600
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$574,420

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 15, 2022
Sold by
Battistoni Gary R
Bought by
Broad & Market Investments Llc
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$899,900
Sold Price
$735,000
Premium/Discount to List
-$164,900
-18.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$514,500
Interest Rate
4.59%

Purchase Details

Closed on
Jul 18, 1995
Sold by
Parthernship Hlm
Bought by
Balliston Gary
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $850,000 Freedom Title
Deed $735,000 Walker Douglas K
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Previous Owner $514,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $850,000 -4.5% --
05/06/2024 05/06/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $889,900 -1.1% --
02/22/2024 02/22/24 For Sale $899,900 +22.4% --
08/05/2022 08/05/22 Sold $735,000 -8.1% --
07/16/2022 07/16/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $799,900 -11.1% --
06/25/2022 06/25/22 For Sale $899,900 -- --
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
2024 $5,249 $467,800 $211,700 $256,100
2023 $5,010 $467,800 $211,700 $256,100
2022 $4,814 $467,800 $211,700 $256,100
2021 $4,403 $467,800 $211,700 $256,100
2020 $4,575 $467,800 $211,700 $256,100
2019 $4,524 $467,800 $211,700 $256,100
2018 $4,482 $467,800 $211,700 $256,100
2017 $4,411 $467,800 $211,700 $256,100
2016 $4,243 $467,800 $211,700 $256,100
2015 $4,187 $467,800 $211,700 $256,100
2014 $4,126 $467,800 $211,700 $256,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582474

South Jersey Shore Regional MLS

APN: 08-00207-0000-00008-0000-C2