NOT LISTED FOR SALE

2417 Central Ave Unit 1st floor Ocean City, NJ 08226

Estimated Value: $2,001,000

5 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold May 12, 2022

Last sale price $1,650,000

Est. 21% increase in value since last sale

Current estimated payment $12,819/month

Highlights

  • New Construction
  • Deck
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of May 2022

Brand New Construction starting in the Fall, Ready for Summer 2022 and located in the Heart of the Goldcoast! FIRST floor Condo with 5 Bedrooms, 3 Full Baths, tons of amenities including custom finishes, quartz countertops, stainless steel appliances, hardwood floors, outside shower, gas heat/central air, front & rear decks, direct entrance from garage. Great location! 1 block to the Beach! Call today! Plans available in Associated Docs.

Last Agent to Sell the Property

Mark Grimes

BHHS FOX and ROACH-109 34th OC Listed on: 06/08/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,356

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,681

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 06/08/2021
  • New Construction: Yes
  • Year Built: 2021
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

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

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
May 12, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Threebrothersproperties Llc
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$1,575,000
Sold Price
$1,650,000
Premium/Discount to List
$75,000
4.76%
Current Estimated Value
$2,001,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,000
Original Mortgage
$1,062,500
Outstanding Balance
$992,216
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2021
Closed on
Apr 18, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Charlino Richard James and Charlino Donna M
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$1,575,000
Sold Price
$1,650,000
Premium/Discount to List
$75,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,500
Outstanding Balance
$992,216
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2021
Sold by
King John J Sr Est
Bought by
V2 Prop Entity 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,808,800
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1977
Bought by
King John J and King Dorothy A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Threebrothersproperties Llc $1,650,000 Freedom Title
Charlino Richard James $1,637,500 Poling Raymond L
2417-19 Central Avenue Condominium Associatio -- --
V2 Prop Entity 7 Llc $1,525,000 Freedom Title
King John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charlino Richard James $1,062,500
Previous Owner V2 Prop Entity 7 Llc $1,808,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $1,650,000 +4.8% --
12/14/2021 12/14/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,575,000 -- --
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
2022 $7,681 $746,500 $746,500 $0
2021 $7,976 $793,600 $746,500 $47,100
2020 $7,761 $793,600 $746,500 $47,100
2019 $7,674 $793,600 $746,500 $47,100
2018 $7,603 $793,600 $746,500 $47,100
2017 $7,484 $793,600 $746,500 $47,100
2016 $7,198 $793,600 $746,500 $47,100
2015 $7,103 $793,600 $746,500 $47,100
2014 $7,000 $793,600 $746,500 $47,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 551665

South Jersey Shore Regional MLS

APN: 08-02401-0000-00007