NOT LISTED FOR SALE

3034 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,749,245 - $1,931,000

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

Last Sold August 31, 2020

Last sale price $1,100,000

Est. 69% increase in value since last sale

Current estimated payment $10,815/month

39 Days on Market

Highlights

  • New Construction
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Deck
  • Ground Level Unit

About This Home

As of August 2020

Upgraded New Construction across from the best Beach! The perfect combination of a great location and a quality upscale building. Extra tall ceilings, transom windows, very bright!, You'll love the Craftsman Style Woodwork, Wainscoting, Ship-lap , Custom Cabinetry, Stone tops, upgraded SS Appliances, Hard wood floors. 4 bedrooms, 2 full Tiled baths plus powder room, Upgraded plumbing fixtures, Covered Front and rear decks, separate entry foyer flows right up to the living room area. Enclosed out side shower.Building is complete and ready to close!

Last Agent to Sell the Property

Scott Kirkpatrick

BHHS FOX and ROACH-Simpson OC Listed on: 07/01/2020

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Gray Haenn

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,849

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,849

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 07/11/2020
  • New Construction: Yes
  • Year Built: 2020
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 31, 2020
Sold by
Central Ave Alleyoop Llc
Bought by
Will Nathan and Will Lori
Seller's Agent
Scott Kirkpatrick
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Gray Haenn
BERGER REALTY-Main
List Price
$1,135,000
Sold Price
$1,100,000
Premium/Discount to List
-$35,000
-3.08%
Current Estimated Value
$1,862,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,061
Avg. Annual Appreciation
10.92%
Original Mortgage
$823,510
Outstanding Balance
$730,811
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,131,250
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
Will Nathan $1,100,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Will Nathan $823,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $1,100,000 -3.1% --
08/09/2020 08/09/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,135,000 -- --
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 $10,849 $966,900 $362,000 $604,900
2024 $10,849 $966,900 $362,000 $604,900
2023 $10,356 $966,900 $362,000 $604,900
2022 $9,949 $966,900 $362,000 $604,900
2021 $9,717 $966,900 $362,000 $604,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539114

South Jersey Shore Regional MLS

APN: 08 03002-0000-00026-0000-C1