NOT LISTED FOR SALE

2701 West Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $838,704 - $988,000

3 Beds
2 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $715,000

Est. 30% increase in value since last sale

Current estimated payment $5,293/month

Highlights

  • Corner Lot
  • Ground Level Unit
  • Central Air
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • Dining Room

About This Home

As of December 2021

This beautiful corner home in the highly desirable Gold Coast area of Ocean City is a 3 minute walk to the beach, 4 blocks to the boardwalk, and your new home at the shore. Whether you are looking for a vacation home, investment option, or both, this is the home for you. Meticulously cared-for and loved, this is a turn key home that is move in ready for you and your family. Enjoy quiet mornings on your deck or beautiful summer nights after a fun day in the sun. Make some of your own lasting memories and have the best of both worlds in owning this lovely home. Swim in the ocean, fish in the surf, play and shop at the world famous Ocean City boardwalk, explore the unique shops of downtown Ocean City, get some ice cream at the nearby Kessel's Korner--you can do it all with your new beach home!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 09/07/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,591

Lot Details

  • 3,136

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,591

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 09/07/2021
  • Age: 25+ Years
  • 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: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Room, Master Br On 1st Floor
  • Common Area Features: Outside Shower

Garage/Parking

  • Garage: One Car

Utilities

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

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 3, 2021
Sold by
Oc27tc Llc
Bought by
Rafferty Robert J and Rafferty Melissa
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$775,000
Sold Price
$715,000
Premium/Discount to List
-$60,000
-7.74%
Current Estimated Value
$928,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,926
Avg. Annual Appreciation
6.98%
Original Mortgage
$525,000
Outstanding Balance
$483,056
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$445,870

Purchase Details

Closed on
Jun 13, 2019
Sold by
Beee Thomas P and Beebe Claudia S
Bought by
Oc27tc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2002
Sold by
Edwards Donald
Bought by
Wrzeszcz Frank and Mccormick Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,900
Interest Rate
6.16%

Purchase Details

Closed on
Jul 12, 1990
Sold by
Tommaso Robert and Tommaso Dorothy
Bought by
Edwards Donald and Edwards Barbara R
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
Rafferty Robert J $715,000 None Available
Rafferty Robert Joseph $715,000 None Listed On Document
Oc27tc Llc -- --
Wrzeszcz Frank $339,900 --
Edwards Donald $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafferty Robert Joseph $525,000
Closed Rafferty Robert Joseph $525,000
Previous Owner Oc27tc Llc $385,000
Previous Owner Wrzeszcz Frank $271,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $715,000 +2.2% --
11/02/2021 11/02/21 Pending -- -- --
10/12/2021 10/12/21 Price Changed $699,900 -6.7% --
09/27/2021 09/27/21 Price Changed $749,999 -3.2% --
09/07/2021 09/07/21 For Sale $775,000 -- --
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 $4,591 $409,200 $236,600 $172,600
2024 $4,591 $409,200 $236,600 $172,600
2023 $4,383 $409,200 $236,600 $172,600
2022 $4,211 $409,200 $236,600 $172,600
2021 $3,053 $409,200 $236,600 $172,600
2020 $4,002 $409,200 $236,600 $172,600
2019 $3,957 $409,200 $236,600 $172,600
2018 $3,920 $409,200 $236,600 $172,600
2017 $3,859 $409,200 $236,600 $172,600
2016 $3,711 $409,200 $236,600 $172,600
2015 $3,662 $409,200 $236,600 $172,600
2014 $3,609 $409,200 $236,600 $172,600
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Huber

    Seller's Agent in 2021

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    209 in this area

    316 Total Sales

    Cheryl Huber
    Section Image
  • Ryan Huck

    Buyer's Agent in 2021

    Ryan Huck

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-8824

    65 in this area

    88 Total Sales

    Ryan Huck
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 555160

South Jersey Shore Regional MLS

APN: 08-02703-0000-00011-0000-C1

New Jersey Cape May County Ocean City 08226

2701 West Ave Unit 1, Ocean City, NJ

This home is located at 2701 West Ave Unit 1, Ocean City, NJ 08226 since 07 September 2021 and is currently estimated at $928,926. 2701 West 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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