NOT LISTED FOR SALE

29 Wesley Ave Unit 31 Ocean City, NJ 08226

Estimated Value: $906,000 - $1,009,000

-- Bed
-- Bath
-- Sq Ft
3,659 Sq Ft Lot

Last Sold January 19, 2018

Last sale price $525,000

Est. 81% increase in value since last sale

Current estimated payment $5,422/month

20 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Enclosed Patio or Porch
  • Outdoor Shower
  • Ocean City Primary School Rated A
  • Laundry Room
  • Ceiling Fan

About This Home

As of January 2018

Large duplex with 3 bedroom, 1 1/2 baths on each floor. Vinyl siding, vinyl windows and large detached garage. 35x105 lot. Interior needs upgrades but a solid duplex in a high, dry sought after location.

Last Agent to Sell the Property

JOHN DALEY

FOX REAL ESTATE-Asbury Listed on: 04/27/2017

Last Buyer's Agent

John Kotakis

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 35x105

Parking

  • 1.5 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,479

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Drapes
  • Lvt Date: 04/27/2017
  • Year Built: 1973
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Kitchen, Laundry/Utility Rm

Exterior Features

  • Outside Features: Outside Shower, Porch, Porch-Enclosed, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Detached Garage
  • Parking Exterior: One And Half Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 35x105

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Sihler Kenneth and Sihler Victoria A
Bought by
Kemp Cheryl G
Current Estimated Value
$952,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$502,376
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,947

Purchase Details

Closed on
Jun 22, 2018
Sold by
Gibson Stephen R and Gibson Robert
Bought by
Sihler Victoria A and Sihler Kenneth

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jan 19, 2018
Sold by
Onufer George R
Bought by
Gilbson Stephen R and Gilson Robert
Seller's Agent
JOHN DALEY
FOX REAL ESTATE-Asbury
Buyer's Agent
John Kotakis
FOX REAL ESTATE-Brighton
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
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
Kemp Cheryl G $754,900 None Available
Sihler Victoria A $429,900 --
Gilbson Stephen R $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Cheryl G $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $525,000 0.0% --
05/17/2017 05/17/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $525,000 -- --
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 $4,479 $399,200 $183,800 $215,400
2024 $4,479 $399,200 $183,800 $215,400
2023 $4,275 $399,200 $183,800 $215,400
2022 $4,108 $399,200 $183,800 $215,400
2021 $4,012 $399,200 $183,800 $215,400
2020 $3,904 $399,200 $183,800 $215,400
2019 $3,860 $399,200 $183,800 $215,400
Source: Public Records

Agents Affiliated with this Home

  • JOHN DALEY

    Seller's Agent in 2018

    JOHN DALEY

    FOX REAL ESTATE-Asbury

    (609) 425-8548

    29 in this area

    38 Total Sales

    JOHN DALEY
    Section Image
  • John Kotakis

    Buyer's Agent in 2018

    John Kotakis

    FOX REAL ESTATE-Brighton

    (609) 703-0288

    46 in this area

    57 Total Sales

    John Kotakis
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 486307

South Jersey Shore Regional MLS

APN: 08 00008-0000-00003-0000-C1

New Jersey Cape May County Ocean City 08226

29 Wesley Ave Unit 31, Ocean City, NJ

This home is located at 29 Wesley Ave Unit 31, Ocean City, NJ 08226 since 27 April 2017 and is currently estimated at $952,323. This property was built in 1973. 29 Wesley Ave Unit 31 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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