NOT LISTED FOR SALE

300 Ocean Ave Unit A21 Ocean City, NJ 08226

Estimated Value: $419,000

2 Beds
2 Baths
-- Sq Ft
0.93 Acres

Last Sold April 14, 2023

Last sale price $303,000

Est. 38% increase in value since last sale

Current estimated payment $2,702/month

228 Days on Market

Highlights

  • Deck
  • Community Pool
  • Baseboard Heating
  • Ocean City Primary School Rated A
  • Walk-In Closet
  • 2-minute walk to Lake Memorial Park

About This Home

As of April 2023

One of Ocean City's best kept secrets! Easy care-free year round or seasonal living. Spacious 2 bedroom, 2 bath unit overlooking the beautifully landscaped courtyard with holly trees. The monthly fee covers ALL expenses except cable and personal insurance. Being a co-op, only cash sales. Renting and pets are not allowed. Basement and roof-top laundry areas, but a private washer/dryer can be installed. Pool, parking on site in an area with good elevation, walking distance to downtown, beach and boards! You can have it all! What a wonderful opportunity!

Last Agent to Sell the Property

SANDRA SIMPSON

MONIHAN REALTY-A License #9589844 Listed on: 08/12/2022

Last Buyer's Agent

Herbert (Mac) Birch III

Compass New Jersey-Ocean City (O463H) License #0903444

Compass New Jersey-Ocean City (O463H)

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $61,846

Lot Details

  • 0.93

Parking

  • 1 Parking Space

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, taxes, trash, water, gas, hot water, heat, pool
  • Ocean Court Condos

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$61,846

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Co-Op
  • Style: Converted Apartments
  • Also Includes: Partially Furnished
  • Lvt Date: 08/13/2022
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Stove, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Deck/Porch, Elevator, Laundromat On Site, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Heating: Baseboard, Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Taxes, Trash, Water, Gas, Hot Water, Heat, Pool
  • Condo Name: Ocean Court
  • Management: Association

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 1999
Sold by
The Development Estment
Bought by
Ciprich Theresa
Current Estimated Value
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,300
Outstanding Balance
$31,387
Interest Rate
6.92%
Mortgage Type
Commercial
Estimated Equity
$2,938,613
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
Ciprich Theresa $133,700 --
Ciprich Theresa $133,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciprich Theresa $120,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $303,000 -8.2% --
03/20/2023 03/20/23 Price Changed $329,900 -2.9% --
02/18/2023 02/18/23 Price Changed $339,900 -2.9% --
10/13/2022 10/13/22 Price Changed $349,900 -5.9% --
09/24/2022 09/24/22 Price Changed $372,000 -6.8% --
08/12/2022 08/12/22 For Sale $399,000 +110.0% --
11/04/2018 11/04/18 Sold $190,000 -2.6% --
10/04/2018 10/04/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $195,000 -- --
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 $61,846 $5,623,500 $2,460,000 $3,163,500
2024 $61,846 $5,623,500 $2,460,000 $3,163,500
2023 $58,728 $5,623,500 $2,460,000 $3,163,500
2022 $56,116 $5,623,500 $2,460,000 $3,163,500
2021 $40,451 $5,623,500 $2,460,000 $3,163,500
2020 $52,998 $5,623,500 $2,460,000 $3,163,500
2019 $51,879 $5,623,500 $2,460,000 $3,163,500
2018 $51,373 $5,623,500 $2,460,000 $3,163,500
2017 $50,280 $5,623,500 $2,460,000 $3,163,500
2016 $48,005 $5,623,500 $2,460,000 $3,163,500
2015 $47,330 $5,623,500 $2,460,000 $3,163,500
2014 $46,599 $5,623,500 $2,460,000 $3,163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566114

South Jersey Shore Regional MLS

APN: 08-00305-0000-00014