NOT LISTED FOR SALE

3024 Central Ave Unit 1st Ocean City, NJ 08226

Estimated Value: $1,295,847 - $1,615,000

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

Last Sold November 11, 2016

Last sale price $726,000

Est. 98% increase in value since last sale

Current estimated payment $8,276/month

4 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Outdoor Community Showers

About This Home

As of November 2016

Stunning 1st floor 4 bedroom, 2 bath condo in meticulous condition, only 1/2 block to the beach!! Amenities feature cedar impression vinyl siding, enclosed outside shower, private garage and storage, sprinkler system, large front and rear decking, gorgeous interior with hardwood flooring, crown molding, 42" kitchen cabinets, stainless appliances, granite tops, large center island, tile backsplash, bright living room with gas fireplace, updated tiled baths and spacious bedrooms. Being sold mostly furnished minus personal exclusions. This property comes with a solid rental history and so much more... Call today to set up a showing!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 09/23/2016

Last Buyer's Agent

Matthew Bader

BERGER REALTY-Main Listed on: 09/23/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,655

Year Built

  • Built in 2005

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,655

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 09/23/2016
  • Year Built: 2005
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Dining Room, Laundry/Utility Room, Primary Br On 1st Floor, Pantry, Recreation/Family
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Law Jeffrey and Law Rekha
Bought by
Beverlin Timothy
Current Estimated Value
$1,434,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,100
Outstanding Balance
$1,179,398
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$255,564

Purchase Details

Closed on
May 11, 2018
Sold by
Macchione Joseph and Macchione Crystal Michelee
Bought by
Law Jeffery and Law Rekha

Purchase Details

Listed on
Sep 23, 2016
Closed on
Nov 11, 2016
Sold by
Caputo David J and Caputo Jodi S
Bought by
Macchione Joseph M and Macchione Crystal Michele
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
Matthew Bader
BERGER REALTY-Main
List Price
$726,000
Sold Price
$726,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Mar 4, 2009
Sold by
Ocean City Tax Free Exchange Llc
Bought by
Caputo David J and Caputo Jodi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2008
Sold by
Cornwell Michael and Cornwell Rosemary
Bought by
Ocean City Tax Free Exchange Llc

Purchase Details

Closed on
Sep 13, 2004
Sold by
Dabek John F and Dabek Dian L
Bought by
Cornwell Michael and Cornwell Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Beverlin Timothy $1,497,000 Freedom Title
Beverlin Timothy $1,497,000 Freedom Title
Law Jeffery $777,500 --
Macchione Joseph M $726,000 Bryn Mawr Abstract Inc
Caputo David J $810,000 Shore Title Agency Inc
Ocean City Tax Free Exchange Llc -- None Available
Cornwell Michael $583,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beverlin Timothy $1,195,100
Closed Beverlin Timothy $1,195,100
Previous Owner Caputo David J $417,000
Previous Owner Cornwell Michael $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2016 11/11/16 Sold $726,000 0.0% --
09/27/2016 09/27/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $726,000 -- --
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 $7,655 $682,300 $362,000 $320,300
2024 $7,655 $682,300 $362,000 $320,300
2023 $7,307 $682,300 $362,000 $320,300
2022 $7,021 $682,300 $362,000 $320,300
2021 $6,673 $682,300 $362,000 $320,300
2020 $6,673 $682,300 $362,000 $320,300
2019 $6,598 $682,300 $362,000 $320,300
2018 $6,536 $682,300 $362,000 $320,300
2017 $6,434 $682,300 $362,000 $320,300
2016 $6,188 $682,300 $362,000 $320,300
2015 $6,107 $682,300 $362,000 $320,300
2014 $6,018 $682,300 $362,000 $320,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2016

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    64 in this area

    70 Total Sales

    Matthew Bader
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 475087

South Jersey Shore Regional MLS

APN: 08-03002-0000-00024-0000-C1

New Jersey Cape May County Ocean City 08226

3024 Central Ave Unit 1st, Ocean City, NJ

This home is located at 3024 Central Ave Unit 1st, Ocean City, NJ 08226 since 23 September 2016 and is currently estimated at $1,434,962. This property was built in 2005. 3024 Central Ave Unit 1st 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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