NOT LISTED FOR SALE

2833 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,263,907 - $1,576,000

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

Last Sold September 04, 2018

Last sale price $749,000

Est. 88% increase in value since last sale

Current estimated payment $8,109/month

27 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1 Car Attached Garage

About This Home

As of September 2018

This 4 bedroom first floor is just steps to the beach and has never been a rental. Owner use shows in the amenities and condition. The home is comfortably furnished, has a gas log fireplace, plantation shutters and an oversized deck to enjoy a peek at the ocean and the morning sun. New heater and air conditioning have been recently updated. The garage has room for a car and beach toys plus a secured storage area behind the garage for bicycles. The driveway is completed with pavers. Show this home to your discriminating buyers.

Last Agent to Sell the Property

Midge Grunstra

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 05/07/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Gray Haenn

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,001

Year Built

  • Built in 2000

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Blinds
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 5 / 2801

Community Details

Overview

  • Association fees include insurance

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,001

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 05/07/2018
  • Year Built: 2000
  • Age: 16 To 20 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: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Lot Number: 5
  • Location: Beach Block

Rental Info

  • Pets: Yes

Tax Info

  • Year: 2017
  • Taxes: 6001

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Sep 4, 2018
Sold by
Hein Edward W and Hein Lois J
Bought by
Clemmer Norman L and Clemmer Linda D
Seller's Agent
Midge Grunstra
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Gray Haenn
BERGER REALTY-Main
List Price
$799,900
Sold Price
$749,000
Premium/Discount to List
-$50,900
-6.36%
Current Estimated Value
$1,411,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,727
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Block Charles A
Bought by
Hein Edward W and Hein Lois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,500
Interest Rate
5.95%
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
Clemmer Norman L $749,000 --
Hein Edward W $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hein Edward W $553,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $749,000 -6.4% --
06/03/2018 06/03/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $799,900 -- --
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 $7,140 $636,400 $343,900 $292,500
2024 $7,140 $636,400 $343,900 $292,500
2023 $6,816 $636,400 $343,900 $292,500
2022 $6,549 $636,400 $343,900 $292,500
2021 $6,154 $636,400 $343,900 $292,500
2020 $6,224 $636,400 $343,900 $292,500
2019 $6,154 $636,400 $343,900 $292,500
2018 $6,097 $636,400 $343,900 $292,500
2017 $6,001 $636,400 $343,900 $292,500
2016 $5,772 $636,400 $343,900 $292,500
2015 $5,696 $636,400 $343,900 $292,500
2014 $5,613 $636,400 $343,900 $292,500
Source: Public Records

Agents Affiliated with this Home

  • Midge Grunstra

    Seller's Agent in 2018

    Midge Grunstra

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 412-0710

    20 in this area

    29 Total Sales

    Midge Grunstra
    Section Image
  • Gray Haenn

    Buyer's Agent in 2018

    Gray Haenn

    BERGER REALTY-Main

    (215) 421-7609

    141 in this area

    159 Total Sales

    Gray Haenn
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 504967

South Jersey Shore Regional MLS

APN: 08-02801-0000-00005-0000-C1

New Jersey Cape May County Ocean City 08226

2833 Central Ave Unit 1, Ocean City, NJ

This home is located at 2833 Central Ave Unit 1, Ocean City, NJ 08226 since 07 May 2018 and is currently estimated at $1,411,727. This property was built in 2000. 2833 Central 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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