NOT LISTED FOR SALE

2724 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $964,447 - $1,291,000

3 Beds
2 Baths
1,189 Sq Ft
3,049 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $825,000 $694 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,543/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Ocean City Primary School Rated A
  • Porch
  • Living Room

About This Home

As of September 2021

Adorable turnkey first floor duplex charmer in the heart of Ocean City.. America’s Greatest Family
Resort . Fantastic location within walking and biking distance to just about everything this iconic shore
town has to offer. The property has been expertly maintained by its original owner. (13 years +/-old) Nothing for you to do except move in and enjoy! Ocean City is known for its porch parties, and this front porch doesn’t disappoint. The main living space is one big room designed for open concept with the living room, dining room and gourmet kitchen flowing together. Gleaming hardwood floors and gas fireplace are a true focal point, and terrific for those chilly nights. This space is washed in natural light from a bank of windows overlooking the front of the house. Neutral designer palate throughout. The gourmet kitchen features light stained wood cabinetry, complementing tumbled marble backsplash, granite countertops, full stainless steel appliances and center island with seating for two. Walk up a small flight of steps to the bedrooms . The Master Suite is tucked away at the back of the house and has a sliding glass door to another nice porch. Generously sized, big closet and private full bathroom with tile floor, single wood vanity with granite countertops and walk in shower. Two other well sized bedrooms with plenty of room for the family and extra guests. Nicely done full hall bathroom with the same great tile floor, single wood vanity with granite countertops and shower/tub combination. The laundry closet is conveniently located on this level. The garage is located in the back of the house down an alleyway with ample space for all of your beach toys! (Access from the house through a stairwell on the side of the house) Equipped with an outside shower on the side of the house. #lovewhereulive #downtheshore #beachhouse

This first floor duplex is being sold fully furnished with the exception of the blue swivel chair in the living room. The property has never been rented out and privately occupied.

Last Agent to Sell the Property

Jennifer Lynch

(609) 351-4890 lynchlodge@verizon.net Coldwell Banker Realty Listed on: 07/25/2021

Coldwell Banker Realty

Co-Listed By

Carlene Kurtz

(856) 281-5187 carlenekurtz@gmail.com Coldwell Banker Realty License #1751087

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 2009

Lot Details

  • Property is in excellent condition

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,189 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Porch

Schools

  • Ocean City Elementary School
  • Ocean City Intermediate Middle School
  • Ocean City High School

Utilities

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

Listing and Financial Details

  • Tax Lot 00017 01
  • Assessor Parcel Number 08-02703-00017 01-C1

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • None Available. Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,127

Year Built

Built in 2009

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Two blue swivel chairs in the living room.
  • Inclusions: Washer, Dryer, Refrigerator. All furniture is included except blue swivel chair in the living room.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Adorable turnkey first floor duplex charmer in the heart of Ocean City.. America’s Greatest Family Resort . Fantastic location within walking and biking distance to just about everything this iconic shore town has to offer. The property has been expertly maintained by its original owner. (13 years +/-old) Nothing for you to do except move in and enjoy! Ocean City is known for its porch parties, and this front porch doesn’t disappoint. The main living space is one big room designed for open concept with the living room, dining room and gourmet kitchen flowing together. Gleaming hardwood floors and gas fireplace are a true focal point, and terrific for those chilly nights. This space is washed in natural light from a bank of windows overlooking the front of the house. Neutral designer palate throughout. The gourmet kitchen features light stained wood cabinetry, complementing tumbled marble backsplash, granite countertops, full stainless steel appliances and center island with seating for two. Walk up a small flight of steps to the bedrooms . The Master Suite is tucked away at the back of the house and has a sliding glass door to another nice porch. Generously sized, big closet and private full bathroom with tile floor, single wood vanity with granite countertops and walk in shower. Two other well sized bedrooms with plenty of room for the family and extra guests. Nicely done full hall bathroom with the same great tile floor, single wood vanity with granite countertops and shower/tub combination. The laundry closet is conveniently located on this level. The garage is located in the back of the house down an alleyway with ample space for all of your beach toys! (Access from the house through a stairwell on the side of the house) Equipped with an outside shower on the side of the house. #lovewhereulive #downtheshore #beachhouse This first floor duplex is being sold fully furnished with the exception of the blue swivel chair in the living room. The property has never been rented out and privately occupied.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 1189
  • Living Area Sq Ft: 1189
  • Price Per Sq Ft: 714.80
  • Above Grade Finished Sq Ft: 1189
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2724

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: OCEAN CITY INTERMEDIATE M.S.
  • High School: OCEAN CITY H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397020
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: OCEAN CITY H.S.
  • Middle Or Junior School: OCEAN CITY INTERMEDIATE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 255700.00
  • Land Assessed Value: 268500.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RGD

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6544271
  • Tax Annual Amount: 5127.00
  • Assessor Parcel Number: 08-02703-00017 01-C1
  • Tax Lot: 00017 01
  • Tax Total Finished Sq Ft: 1189
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/29/2021

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2015
Sold by
Pruitt Diane H
Bought by
Pruitt Patrick T
Current Estimated Value
$1,145,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,600
Outstanding Balance
$298,417
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$846,695

Purchase Details

Closed on
Sep 25, 2009
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Pruitt Patrick and Pruitt Diane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2008
Sold by
Vernon Gregory W and Vernon Roberta G
Bought by
Chase Andrew B and Stone Bernard J

Purchase Details

Closed on
Oct 30, 2007
Sold by
Vernon Allen H
Bought by
Vernon Roberta G
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
Pruitt Patrick T -- Chicago Title Insurance Co
Pruitt Patrick $585,000 The Title Company Of Jersey
Chase Andrew B $650,000 The Title Company Of Jersey
Vernon Roberta G -- None Available
Vernon Allen H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruitt Patrick T $389,600
Closed Pruitt Patrick $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $825,000 -2.9% $694 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $849,900 -- $715 / Sq Ft
Source: Bright 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 $5,882 $524,200 $268,500 $255,700
2024 $5,882 $524,200 $268,500 $255,700
2023 $5,614 $524,200 $268,500 $255,700
2022 $5,394 $524,200 $268,500 $255,700
2021 $3,911 $524,200 $268,500 $255,700
2020 $5,127 $524,200 $268,500 $255,700
2019 $5,069 $524,200 $268,500 $255,700
2018 $5,022 $524,200 $268,500 $255,700
2017 $4,943 $524,200 $268,500 $255,700
2016 $4,754 $524,200 $268,500 $255,700
2015 $4,692 $524,200 $268,500 $255,700
2014 $4,623 $524,200 $268,500 $255,700
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lynch

    Seller's Agent in 2021

    Jennifer Lynch

    Coldwell Banker Realty

    (609) 351-4890

    4 in this area

    130 Total Sales

    Jennifer Lynch
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carlene Kurtz

    Coldwell Banker Realty

    (856) 281-5187

    3 in this area

    37 Total Sales

    Carlene Kurtz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCM2000116

Bright MLS

APN: 08-02703-0000-00017-01-C1

New Jersey Cape May County Ocean City 08226

2724 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 2724 Asbury Ave Unit 1, Ocean City, NJ 08226 since 25 July 2021 and is currently estimated at $1,145,112, approximately $963 per square foot. This property was built in 2009. 2724 Asbury 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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