NOT LISTED FOR SALE

300 Ocean Ave Unit E28 Ocean City, NJ 08226

Estimated Value: $967,000

2 Beds
1 Bath
-- Sq Ft
0.93 Acres

Last Sold December 01, 2018

Last sale price $197,000

Est. 391% increase in value since last sale

Current estimated payment $6,114/month

4 Days on Market

Highlights

  • Deck
  • Community Pool
  • Community Storage Space
  • Ocean City Primary School Rated A
  • Laundry Facilities
  • 2-minute walk to Lake Memorial Park

About This Home

As of December 2018

This spacious 2-bedroom, 1-bath home is beautifully renovated. The kitchen is totally upgraded with 4-door stainless steel refrigerator, 6-burner stainless gas range, and excellent cabinetry. The apartment is newly painted to accent the historic moldings and sconces. Ocean Court offers carefree living in a friendly community of owners. Living is convenient. Amenities include an onsite pool and parking. Pay one monthly fee that includes taxes, all insurances, water, sewer, electric, gas, and trash. Internet is the only expense beyond the monthly fee. Location is desirable, including just blocks to the ocean and downtown Asbury Avenue shops. Easy living for snowbirds, full time residents, or a summer family retreat. Ample storage space in the basement. Laundry in the basement and rooftop. No rentals. No pets. No closing costs for buyer. The property is a co-op, cash sale only.

Last Agent to Sell the Property

Rebecca Stanislaw

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0342759 Listed on: 10/27/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Rebecca Stanislaw

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0342759 Listed on: 10/27/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $61,846

Lot Details

  • 0.93

Parking

  • 1 Parking Space

Home Design

  • Stucco

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Partially Furnished
  • Deck
  • 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
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space

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: 10/27/2018
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Common Area Features: Deck/Porch, Laundromat On Site, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Heating: 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

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
$967,000

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
$30,775
Interest Rate
6.92%
Mortgage Type
Commercial
Estimated Equity
$936,226
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
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 List to Sale Price per Sq Ft
12/01/2018 12/01/18 Sold $197,000 0.0% --
10/31/2018 10/31/18 Pending -- -- --
10/27/2018 10/27/18 For Sale $197,000 -- --
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: 513321

South Jersey Shore Regional MLS

APN: 08-00305-0000-00014