NOT LISTED FOR SALE

2705 Wesley Ave Ocean City, NJ 08226

Estimated Value: $2,915,000 - $7,088,000

10 Beds
6 Baths
4,696 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $4,300,000 $916 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $36,056/month

8 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of October 2020

Location, Location, Location! This property sits in the heart of Ocean City's Gold coast on a premier 50x132 ft. lot. Boasting 10 total bedrooms and 6 total bathrooms this house is a must see! Enjoy beautiful panoramic views from Atlantic City to Avalon!

Last Agent to Sell the Property

Kevin Halliday

BERGER REALTY-A License #8441862 Listed on: 08/25/2020

Co-Listed By

Brian Kolmer

BERGER REALTY-A

Last Buyer's Agent

Damon Bready

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,985

Lot Details

  • Lot Dimensions are 50x132
  • Ocean Front

Parking

  • 2 Car Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Great Room
  • Dining Area
  • Water Views
  • Storm Screens

Kitchen

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

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Furnished
  • Lvt Date: 08/25/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bar, Cathedral Ceiling
  • Bedrooms: 10
  • Full Bathrooms: 6
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Concrete, Dryvit
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Ocean Front, Water View
  • Lot Dimensions: 50x132
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 30, 2020
Sold by
Walter S Buckley Ft
Bought by
Jakd Properties Llc
Seller's Agent
Kevin Halliday
BERGER REALTY-A
Buyer's Agent
Damon Bready
BHHS FOX and ROACH-Simpson OC
List Price
$4,500,000
Sold Price
$4,300,000
Premium/Discount to List
-$200,000
-4.44%
Current Estimated Value
$5,363,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,063,444
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Mar 12, 2013
Sold by
Buckley Walter S
Bought by
Buckley Walter S

Purchase Details

Closed on
Aug 5, 2010
Sold by
Buckley Walter S
Bought by
Buckley Walter S

Purchase Details

Closed on
Jun 22, 1992
Sold by
Buckley Iiii Walter S
Bought by
The City Of Ocean City

Purchase Details

Closed on
Feb 1, 1991
Sold by
Buckley Iiiwalter S Cal-Pen Corp
Bought by
City Of Ocean City

Purchase Details

Closed on
Dec 20, 1990
Sold by
Scardigli Dennis M and Scardigli Theresa
Bought by
Buckley Walter S
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
Jakd Properties Llc $4,300,000 Misc Company
Buckley Walter S -- None Available
Buckley Walter S -- None Available
The City Of Ocean City -- --
City Of Ocean City -- --
Buckley Walter S $850,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $4,300,000 -4.4% $916 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $4,500,000 -- $958 / Sq Ft
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 $81,985 $7,307,000 $2,632,000 $4,675,000
2024 $81,985 $7,307,000 $2,632,000 $4,675,000
2023 $28,189 $2,632,000 $2,632,000 $0
2022 $27,083 $2,632,000 $2,632,000 $0
2021 $21,388 $2,887,500 $2,500,400 $387,100
2020 $27,629 $2,825,000 $2,500,400 $324,600
2019 $27,318 $2,825,000 $2,500,400 $324,600
2018 $27,064 $2,825,000 $2,500,400 $324,600
2017 $26,640 $2,825,000 $2,500,400 $324,600
2016 $25,623 $2,825,000 $2,500,400 $324,600
2015 $25,284 $2,825,000 $2,500,400 $324,600
2014 $24,917 $2,825,000 $2,500,400 $324,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541110

South Jersey Shore Regional MLS

APN: 08-02700-0000-00002