NOT LISTED FOR SALE

2641 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,245,609 - $1,465,000

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

Last Sold March 06, 2020

Last sale price $690,000

Est. 95% increase in value since last sale

Current estimated payment $7,637/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of March 2020

Here is your chance to own a pristine 1st floor condo! 2641 Asbury is located on one of the nicest blocks in Ocean City's Gold Coast. This 4 bedroom 2 1/2 bath condo was built on an oversized 45x100 foot lot. This property comes fully equipped with central air, gas heat, attached garage, private outside shower and much more. Upgrades include new custom gourmet kitchen, soft-close cabinetry, stainless steel appliances, granite counter tops, ledger stone fireplace with reclaimed wood mantel, new engineered hard wood floors, new carpet and new furniture throughout! Fantastic rental potential! Hurry this one will not last long!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 01/16/2020

Last Buyer's Agent

John Greier

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,062

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,062

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Number Of Levels In Unit: One
  • 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, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Dining Room
  • Common Area Features: Cable Tv, Deck/Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: 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), 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
Jan 16, 2020
Closed on
Mar 2, 2020
Sold by
Cogan Daniel E and Cogan Nicole A
Bought by
Whipple Todd D and Whipple Susan G
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
John Greier
BERGER REALTY-Main
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Current Estimated Value
$1,346,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,652
Avg. Annual Appreciation
12.56%

Purchase Details

Listed on
Sep 9, 2012
Closed on
Apr 5, 2013
Sold by
Griegel Robert A and Griegel Yvonne C
Bought by
Cogan Daniel E and Cogan Nicole A
Seller's Agent
Matthew Bader
BERGER REALTY-Main
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$540,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Hess James E and Hess Laurie J
Bought by
Griegel Robert A and Griegel Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,600
Interest Rate
5.12%
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
Whipple Todd D $690,000 None Available
Cogan Daniel E $675,000 Surety Title
Griegel Robert A $772,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cogan Daniel E $540,000
Previous Owner Griegel Robert A $617,600
Closed Griegel Robert A $77,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $690,000 -1.4% --
01/17/2020 01/17/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $699,900 +3.7% --
04/05/2013 04/05/13 Sold $675,000 0.0% -- View Prior Sale
02/05/2013 02/05/13 Pending -- -- --
09/09/2012 09/09/12 For Sale $675,000 -- --
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 $7,062 $629,400 $322,200 $307,200
2024 $7,062 $629,400 $322,200 $307,200
2023 $6,741 $629,400 $322,200 $307,200
2022 $6,477 $629,400 $322,200 $307,200
2021 $4,695 $629,400 $322,200 $307,200
2020 $6,156 $629,400 $322,200 $307,200
2019 $6,086 $629,400 $322,200 $307,200
2018 $6,030 $629,400 $322,200 $307,200
2017 $5,935 $629,400 $322,200 $307,200
2016 $5,709 $629,400 $322,200 $307,200
2015 $5,633 $629,400 $322,200 $307,200
2014 $5,551 $629,400 $322,200 $307,200
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2020

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    59 in this area

    66 Total Sales

    Matthew Bader
    Section Image
  • John Greier

    Buyer's Agent in 2020

    John Greier

    BERGER REALTY-Main

    (609) 231-7598

    34 in this area

    42 Total Sales

    John Greier
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Chip Collins

    BERGER REALTY-Main

    (800) 427-0076

    51 in this area

    56 Total Sales

    Chip Collins
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 532585

South Jersey Shore Regional MLS

APN: 08-02602-0000-00004-0000-C1

New Jersey Cape May County Ocean City 08226

2641 Asbury Ave Unit 1, Ocean City, NJ

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