NOT LISTED FOR SALE

2414 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,412,157 - $1,816,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 28, 2016

Last sale price $870,000

Est. 88% increase in value since last sale

Current estimated payment $9,737/month

64 Days on Market

Highlights

  • Unit is on the top floor
  • Newly Remodeled
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • 1 Car Attached Garage

About This Home

As of November 2016

Meticulously crafted new construction 2nd Flr Unit right in the middle of the desirable Goldcoast features 4 Bedrooms and 2 Bathrooms property is located just steps from the beach. Features include a private entrance-way, elevator, roof-top deck, hardwood floors, upgraded cabinetry, gourmet kitchen, granite counters, stainless steel appliances, custom tile back splash, upgraded trim and tile packages, deck and much more! This is a beautiful new construction property with fantastic curb appeal. Listen to the ocean from the front porch. Steps to beach!

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC License #0341733 Listed on: 06/29/2016

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Nick Marotta

BHHS FOX and ROACH-Simpson OC License #SP-8839669

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,246

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Unit is on the top floor

Utilities

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

Community Details

Overview

  • Central Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,246

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 06/30/2016
  • New Construction: Yes
  • Year Built: 2016
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One And Half Car

Utilities

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

Condo/Co-op/Association

  • Condo Name: Central Ave

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Nov 28, 2016
Sold by
Ocean City Development Group Llc
Bought by
Powell Ii Raymond K and Powell Judith M
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Nick Marotta
BHHS FOX and ROACH-Simpson OC
List Price
$870,000
Sold Price
$870,000
Current Estimated Value
$1,637,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,591
Avg. Annual Appreciation
7.84%
Original Mortgage
$676,000
Interest Rate
3.47%
Mortgage Type
New Conventional
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
Powell Ii Raymond K $870,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Raymond K $676,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2016 11/28/16 Sold $870,000 0.0% --
09/01/2016 09/01/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $870,000 -- --
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 $9,246 $824,100 $362,000 $462,100
2024 $9,246 $824,100 $362,000 $462,100
2023 $8,826 $824,100 $362,000 $462,100
2022 $8,480 $824,100 $362,000 $462,100
2021 $6,148 $824,100 $362,000 $462,100
2020 $8,060 $824,100 $362,000 $462,100
2019 $7,969 $824,100 $362,000 $462,100
2018 $7,895 $824,100 $362,000 $462,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Frost

    Seller's Agent in 2016

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    151 in this area

    183 Total Sales

    Section Image
  • Nick Marotta

    Buyer's Agent in 2016

    Nick Marotta

    BHHS Fox & Roach

    (609) 412-0141

    20 in this area

    25 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 470548

South Jersey Shore Regional MLS

APN: 08-02402-0000-00017-0000-C2

New Jersey Cape May County Ocean City 08226

2414 Central Ave Unit 2, Ocean City, NJ

This home is located at 2414 Central Ave Unit 2, Ocean City, NJ 08226 since 29 June 2016 and is currently estimated at $1,632,289. This property was built in 2016. 2414 Central Ave Unit 2 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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