NOT LISTED FOR SALE

3004 Wesley Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $2,736,000 - $3,888,000

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

Last Sold September 30, 2021

Last sale price $3,000,000

Est. 14% increase in value since last sale

Current estimated payment $19,909/month

Highlights

  • Ocean Front
  • Furnished
  • 1 Car Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Bar

About This Home

As of September 2021

Spectacular Beach Front Condo built in 2017. 3004 Wesley Ave features 5 Bedrooms, 4.5 Bathrooms with custom finishes from top to bottom. Main entrance leads to foyer, with access family room, full bath and attached oversized garage. Main level offers top of the line kitchen, with granite countertops, dovetail soft close cabinetry, Thermador SS appliances, Swarovski crystal detail throughout. Living area with wet bar, gas fireplace, coffered ceilings, wide plank hardwood floors & custom trim package. Stunning unobstructed views from kitchen, dining and living area. Luxurious master bedroom with en suite, walk in closet and access to porch. Professionally decorated and offered fully furnished. Amazing rental history, with over $100,000 in 2020 rental income. 11 weeks booked for 2021. Large Ocean Front deck, breathtaking views, private walkway to Beach. This condo has it all!

Last Agent to Sell the Property

Mark Grimes

BHHS FOX and ROACH-109 34th OC Listed on: 04/30/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kevin Kozak

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,989

Lot Details

  • 6,011

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Dining Area
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Utilities

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

Additional Features

  • Ocean Front
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,989

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished, Rugs
  • Lvt Date: 04/30/2021
  • Age: 2 To 5 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Ocean Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Bar, Fireplace(s), Foyer, Kitchen Center Island, Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Sep 29, 2021
Sold by
3004 Wesley Llc
Bought by
Vangicri George and Vangicri Barbara
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Kevin Kozak
Compass New Jersey-Ocean City (O463E)
List Price
$3,249,000
Sold Price
$3,000,000
Premium/Discount to List
-$249,000
-7.66%
Current Estimated Value
$3,425,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,267
Avg. Annual Appreciation
3.34%

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jun 28, 2018
Sold by
Crest Consrtuction Llc
Bought by
3004 Wesley Llc
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$2,099,000
Sold Price
$2,000,000
Premium/Discount to List
-$99,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$1,500,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2015
Sold by
Baumgardner Family Partnership
Bought by
Crest Construction Llc
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
Vangicri George $3,000,000 Surety Title
3004 Wesley Llc $2,000,000 --
Crest Construction Llc $2,255,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3004 Wesley Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $3,000,000 -7.7% --
07/04/2021 07/04/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $3,249,000 +62.5% --
06/29/2018 06/29/18 Sold $2,000,000 -4.7% -- View Prior Sale
05/26/2018 05/26/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $2,099,000 -- --
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 $20,989 $1,870,700 $933,100 $937,600
2024 $20,989 $1,870,700 $933,100 $937,600
2023 $20,035 $1,870,700 $933,100 $937,600
2022 $19,250 $1,870,700 $933,100 $937,600
2021 $13,993 $1,870,700 $933,100 $937,600
2020 $18,295 $1,870,700 $933,100 $937,600
2019 $18,090 $1,870,700 $933,100 $937,600
Source: Public Records

Agents Affiliated with this Home

  • Mark Grimes

    Seller's Agent in 2021

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
  • Kevin Kozak

    Buyer's Agent in 2021

    Kevin Kozak

    Compass New Jersey-Ocean City (O463E)

    (609) 628-3095

    29 in this area

    57 Total Sales

    Kevin Kozak
    Section Image
  • Burton Wilkins

    Seller's Agent in 2018

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    90 in this area

    186 Total Sales

    Burton Wilkins
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 550092

South Jersey Shore Regional MLS

APN: 08 03001-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

3004 Wesley Ave Unit 1, Ocean City, NJ

This home is located at 3004 Wesley Ave Unit 1, Ocean City, NJ 08226 since 30 April 2021 and is currently estimated at $3,425,267. 3004 Wesley 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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