NOT LISTED FOR SALE

2432 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,374,146 - $1,553,000

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

Last Sold August 31, 2015

Last sale price $687,500

Est. 115% increase in value since last sale

Current estimated payment $8,386/month

10 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Main Floor Primary Bedroom
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of August 2015

LOOK NO FURTHER!!!!! TURN-KEY AND FURNISHED....GOLD COAST 1ST FLOOR CONDOMINIUM WITH CUSTOM LAYOUT, 4 BEDROOM, 2 1/2 BATHS!, KITCHEN CENTER ISLAND, CUSTOM AWNINGS, GREAT RENTAL HISTORY. NEW HARDWOOD FLOORS, LARGE FRONT DECK, GREAT FLOOR PLAN, GIANT MASTER SUITE. STEPS TO BEACH AND BOARDWALK!

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 06/12/2015

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,437

Year Built

  • Built in 2001

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Amenities

  • Courtesy Bus

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,437

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Year Built: 2001
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: Two
  • 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, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Primary Br On 1st Floor
  • Common Area Features: Bus Service, Cable Tv, Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage, Auto Door Opener
  • Parking Exterior: Assigned, Parking Pad

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

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Aug 13, 2015
Sold by
Smith Charles E and Smith Barbara W
Bought by
Day Gregory J and Day Denise M
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$687,500
Sold Price
$687,500
Current Estimated Value
$1,480,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,287
Avg. Annual Appreciation
7.84%
Original Mortgage
$481,250
Outstanding Balance
$369,794
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,110,993

Purchase Details

Closed on
May 14, 2004
Sold by
Dooner Peter S
Bought by
Smith Charles E and Smith Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,200
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Richards Randall W
Bought by
Dooner Peter S and Dooner Marie E
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
Day Gregory J $687,500 Attorney
Smith Charles E $759,000 --
Smith Charles E $759,000 --
Dooner Peter S $472,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Gregory J $481,250
Previous Owner Smith Charles E $607,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $687,500 0.0% --
06/22/2015 06/22/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $687,500 -- --
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 $7,437 $662,800 $362,000 $300,800
2024 $7,437 $662,800 $362,000 $300,800
2023 $7,099 $662,800 $362,000 $300,800
2022 $6,820 $662,800 $362,000 $300,800
2021 $4,944 $662,800 $362,000 $300,800
2020 $6,482 $662,800 $362,000 $300,800
2019 $6,409 $662,800 $362,000 $300,800
2018 $6,350 $662,800 $362,000 $300,800
2017 $6,250 $662,800 $362,000 $300,800
2016 $6,012 $662,800 $362,000 $300,800
2015 $5,932 $662,800 $362,000 $300,800
2014 $5,846 $662,800 $362,000 $300,800
Source: Public Records

Agents Affiliated with this Home

  • Christopher Oliva

    Seller's Agent in 2015

    Christopher Oliva

    Compass New Jersey-Ocean City (O463E)

    (609) 602-0508

    41 in this area

    79 Total Sales

    Christopher Oliva
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2015

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    209 in this area

    316 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 449894

South Jersey Shore Regional MLS

APN: 08-02402-0000-00022-0000-C1

New Jersey Cape May County Ocean City 08226

2432 Central Ave Unit 1, Ocean City, NJ

This home is located at 2432 Central Ave Unit 1, Ocean City, NJ 08226 since 12 June 2015 and is currently estimated at $1,480,787. This property was built in 2001. 2432 Central 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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