NOT LISTED FOR SALE

2832 Wesley Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $2,365,000 - $2,895,000

5 Beds
4 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $2,200,000

Est. 15% increase in value since last sale

Current estimated payment $14,908/month

3 Days on Market

Highlights

  • Water Views
  • Recreation Room
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of May 2022

Absolutely stunning, Gold Coast, ocean view condo calls to the most discriminating buyer.  Amenities feature rare 50x120 ft lot, high elevation, vinyl cedar-shake siding, azek trim, lush landscaping and pavers, three car parking, large front and rear covered porches, private entrance and garage, massive 3,000 sq ft interior layout that's freshly painted, huge ground level bonus room, sweeping living and dining area with stunning ocean and dune views, hardwood flooring, gas fireplace, custom millwork, exquisite fixtures, ultra-modern kitchen with Sub Zero refrigerator, under mounted Kohler Pro stainless steel sink and faucet, Kitchen Aid Pro Dual Fuel commercial convection range, Miele Diamante Plus silent dishwasher, Subway tile backsplash with hidden electric outlets, custom cabinetry, granite countertops with extra large center island, 5 super spacious bedrooms with brand new DuPont StainMaster carpeting, new premium mattresses and bedding, 4 full upgraded baths (1 on the ground level) with custom vanities, quartz countertops, tile and more... This absolutely turn-key, meticulous home is professionally decorated throughout the entire unit, being sold fully furnished and ready to enjoy. Become mesmerized by the scenic views while listening to the waves crashing, right here in Ocean City's most desirable location, the GoldCoast... Make 2832 Wesley Avenue yours to spread out with family and friends!

Last Agent to Sell the Property

Chip Collins

BERGER REALTY-Main Listed on: 02/08/2022

Last Buyer's Agent

Chip Collins

BERGER REALTY-Main Listed on: 02/08/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,912

Year Built

  • Built in 2000

Lot Details

  • 6,011

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Room
  • Recreation Room
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,912

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 02/08/2022
  • Year Built: 2000
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Dining Room, Recreation/Family, Master Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
May 2, 2022
Sold by
Canzanese and Mary
Bought by
Jennings William
Seller's Agent
Chip Collins
BERGER REALTY-Main
Buyer's Agent
Chip Collins
BERGER REALTY-Main
List Price
$2,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$95,000
-4.14%
Current Estimated Value
$2,528,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,281
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,478,000
Outstanding Balance
$1,404,222
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,124,059

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 2, 2020
Sold by
Acito Frank and Acito Catherine
Bought by
Canzanese Vincent and Canzanese Mary
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
Matthew Bader
BERGER REALTY-Main
List Price
$1,549,000
Sold Price
$1,475,000
Premium/Discount to List
-$74,000
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.15%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Rancor Properties Llc
Bought by
Acito Frank and Acito Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2009
Sold by
The Amended & Restated Thomas J Mcguire
Bought by
Rancor Properties Llc
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
Jennings William $2,200,000 Barnes Kevin J
Canzanese Vincent $1,475,000 Misc Company
Acito Frank $1,188,000 Surety Title Company
Rancor Properties Llc $1,185,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings William $1,478,000
Previous Owner Acito Frank W $400,000
Previous Owner Acito Frank $950,000
Previous Owner Jwr Properties Llc $3,000,000
Previous Owner The Amended & Restated Thomas J Mcguire $758,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $2,200,000 -4.1% --
02/11/2022 02/11/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $2,295,000 +55.6% --
06/05/2020 06/05/20 Sold $1,475,000 -4.8% --
05/07/2020 05/07/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,549,000 -- --
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 $13,912 $1,239,900 $666,900 $573,000
2024 $13,912 $1,239,900 $666,900 $573,000
2023 $13,279 $1,239,900 $666,900 $573,000
2022 $12,759 $1,239,900 $666,900 $573,000
2021 $12,461 $1,239,900 $666,900 $573,000
2020 $11,261 $1,151,400 $666,900 $484,500
2019 $11,134 $1,151,400 $666,900 $484,500
2018 $11,030 $1,151,400 $666,900 $484,500
2017 $10,858 $1,151,400 $666,900 $484,500
2016 $10,443 $1,151,400 $666,900 $484,500
2015 $10,305 $1,151,400 $666,900 $484,500
2014 $10,155 $1,151,400 $666,900 $484,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559454

South Jersey Shore Regional MLS

APN: 08-02801-0000-00022-0000-C1