NOT LISTED FOR SALE

229 Central Ave Ocean City, NJ 08226

Estimated Value: $1,125,084 - $1,353,000

4 Beds
2 Baths
1,256 Sq Ft
$987/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $502,000 $400 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $6,974/month

111 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Porch
  • Ocean City Primary School Rated A
  • Den
  • 4-minute walk to Lake Memorial Park

About This Home

As of October 2018

Dreaming about that Single Family beach-house on a quiet street in Ocean City? Well looks like dreams do come true. You'll fall in love with this charming two-story single family home centrally located in the heart of the North-end Neighborhood with an easy walk to the beach, boardwalk, bay-front or shops on Downtown Asbury Ave. Located on a Single Family zoned street, this home features a front porch, original hardwood floors, two spacious bedrooms on the first floor along with a full bath. Second floor features a very large bedroom and and an additional room currently being used as an additional living room/den and small kitchenette but was originally the fourth bedroom. The second floor also has a rear entrance in addition to the internal staircase. There is a utility room/laundry room/mud room off the kitchen and between the two car garage. The original home featured a large wooden deck on top of the garage that has since been removed but would make excellent outside space if it were added to this property. Call today for your private showing.

Last Agent to Sell the Property

Kevin Redmond

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St Listed on: 05/18/2018

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Last Buyer's Agent

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,773

Lot Details

  • Lot Dimensions are 40x100

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Dining Room
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,773

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Partially Furnished
  • Lvt Date: 05/24/2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Oct 15, 2018
Sold by
Oconnor Dolores
Bought by
Robinson David G and Robinson Colleen M
Seller's Agent
Kevin Redmond
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
List Price
$599,000
Sold Price
$502,000
Premium/Discount to List
-$97,000
-16.19%
Current Estimated Value
$1,240,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,271
Avg. Annual Appreciation
13.84%
Original Mortgage
$297,540
Outstanding Balance
$257,836
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$982,435
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
Robinson David G $495,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson David G $297,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $502,000 -5.1% $400 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $529,000 -3.6% $421 / Sq Ft
08/09/2018 08/09/18 Price Changed $549,000 -3.5% $437 / Sq Ft
07/16/2018 07/16/18 Price Changed $569,000 -5.0% $453 / Sq Ft
07/11/2018 07/11/18 Price Changed $599,000 +5.3% $477 / Sq Ft
06/27/2018 06/27/18 Price Changed $569,000 -5.0% $453 / Sq Ft
05/18/2018 05/18/18 For Sale $599,000 -- $477 / Sq Ft
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 $4,773 $425,400 $351,000 $74,400
2024 $4,773 $425,400 $351,000 $74,400
2023 $4,556 $425,400 $351,000 $74,400
2022 $4,157 $404,000 $351,000 $53,000
2021 $3,014 $404,000 $351,000 $53,000
2020 $3,951 $404,000 $351,000 $53,000
2019 $3,907 $404,000 $351,000 $53,000
2018 $3,822 $399,000 $351,000 $48,000
2017 $3,763 $399,000 $351,000 $48,000
2016 $3,619 $399,000 $351,000 $48,000
2015 $3,571 $399,000 $351,000 $48,000
2014 $3,519 $399,000 $351,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505880

South Jersey Shore Regional MLS

APN: 08-00209-0000-00005