NOT LISTED FOR SALE

2528 Central Ave Unit 30 Ocean City, NJ 08226

Estimated Value: $2,013,000 - $2,551,000

5 Beds
3.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold September 27, 2018

Last sale price $1,075,000

Est. 106% increase in value since last sale

Current estimated payment $12,506/month

63 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of September 2018

Rare opportunity to buy this delightful, absolutely gorgeous Goldcoast Single Family home situated on a buildable Duplex Lot! The perfect blend of comfortable living, choice location and price. This recently updated property features 4 spacious Bedrooms + Den, 3,5 Baths, multi zoned central air, gas heat, hardwood floors, carpeted bedrooms with ceiling fans, large, sunken living room with tiled gas fireplace, spacious, bright kitchen with central island, granite countertops, cathedral ceiling and sky light. Exterior features 2 decks ( back one has extra storage for the deck furniture), front porch, spacious enclosed shower, attached car garage with auto door opener and extra storage, sprinkler system and off street parking for 3 cars. Property is only steps to the beach and a few blocks to the Boardwalk, restaurants and stores! Great family investment!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 06/02/2018

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Michael Hoffman

MARR AGENCY License #SB-7815053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,018

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 40x100
  • Building is beachfront but unit may not have water views
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Shades
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,018

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Shades
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Storage, Skylight(s)
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Number: 23
  • Location: Beach Block
  • Lot Dimensions: 40x100
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2017
  • Taxes: 9018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Sep 27, 2018
Sold by
Hess Joseph and Hess Melaine
Bought by
Geraghty Paul D and Geraghty Michele S
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Michael Hoffman
MARR AGENCY
List Price
$1,324,900
Sold Price
$1,075,000
Premium/Discount to List
-$249,900
-18.86%
Current Estimated Value
$2,214,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,139,101
Avg. Annual Appreciation
10.73%
Original Mortgage
$425,000
Outstanding Balance
$370,625
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,843,476

Purchase Details

Listed on
Aug 19, 2014
Closed on
Nov 14, 2014
Sold by
Edginton Glenn and Edginton Catherine
Bought by
Hess Joseph and Hess Melanie
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
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$760,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2001
Sold by
Iafolla Michael F
Bought by
Edginton Glenn and Edginton Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.14%
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
Geraghty Paul D $1,075,000 --
Hess Joseph $950,000 Old Republic National Title
Edginton Glenn $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geraghty Paul D $425,000
Previous Owner Hess Joseph $760,000
Previous Owner Edginton Glenn $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2018 09/27/18 Sold $1,075,000 -2.2% --
08/04/2018 08/04/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $1,099,000 -8.3% --
07/11/2018 07/11/18 Price Changed $1,199,000 -6.0% --
06/11/2018 06/11/18 Price Changed $1,274,900 -3.8% --
06/02/2018 06/02/18 For Sale $1,324,900 +39.5% --
11/14/2014 11/14/14 Sold $950,000 0.0% -- View Prior Sale
09/04/2014 09/04/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $950,000 -- --
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 $10,730 $956,300 $687,800 $268,500
2024 $10,730 $956,300 $687,800 $268,500
2023 $10,242 $956,300 $687,800 $268,500
2022 $9,840 $956,300 $687,800 $268,500
2021 $7,134 $956,300 $687,800 $268,500
2020 $9,353 $956,300 $687,800 $268,500
2019 $9,247 $956,300 $687,800 $268,500
2018 $9,161 $956,300 $687,800 $268,500
2017 $9,018 $956,300 $687,800 $268,500
2016 $8,674 $956,300 $687,800 $268,500
2015 $8,559 $956,300 $687,800 $268,500
2014 $8,435 $956,300 $687,800 $268,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 506275

South Jersey Shore Regional MLS

APN: 08-02502-0000-00023