NOT LISTED FOR SALE

3113 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $462,000 - $762,000

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 11, 2024

Last sale price $535,000

Est. 10% increase in value since last sale

Current estimated payment $3,373/month

106 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Heating Available
  • Ocean City Primary School Rated A
  • Ground Level Unit

About This Home

As of November 2024

OPEN HOUSE 1230-230 10/6/24 Super Clean Rental Machine. A MUST SEE IN OC. 2 bedroom 1 bath beach block 1st floor, New Roof, siding, decking, rails, Owners replaced windows. Newer Appliances, Paint, Flooring. 50 steps to the beach. 2500$ prime week rental, Seasonal Income 28-30k. Call listing agent for private showing or showing instructions.

Last Agent to Sell the Property

Joseph Babcock

BHHS FOX and ROACH-Simpson OC Listed on: 06/30/2024

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

REGINA MACOM

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,162

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Additional Features

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

Community Details

Overview

  • Association fees include insurance, maintenance, sewer, trash, water
  • Central Ave Condos

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,162

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Sewer, Trash, Water
  • Condo Name: Central Ave
  • Management: Association

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Nov 12, 2024
Sold by
Egan Dean T and Egan Patricia C
Bought by
Burnett Charles B and Bassetti Karen Heim
Seller's Agent
Joseph Babcock
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
REGINA MACOM
BHHS FOX and ROACH-Simpson OC
List Price
$599,000
Sold Price
$535,000
Premium/Discount to List
-$64,000
-10.68%
Views
88
Current Estimated Value
$589,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,879
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
May 7, 2012
Sold by
Atmore Charles and Atmore Barbara
Bought by
Egan Dean T and Egan Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
3.84%
Mortgage Type
New Conventional
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
Burnett Charles B $535,000 None Listed On Document
Burnett Charles B $535,000 None Listed On Document
Egan Dean T $291,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egan Dean T $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2024 11/11/24 Sold $535,000 0.0% --
10/14/2024 10/14/24 Pending -- -- --
10/05/2024 10/05/24 Price Changed $535,000 -6.9% --
09/10/2024 09/10/24 Price Changed $574,900 -4.0% --
06/30/2024 06/30/24 For Sale $599,000 -- --
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 $3,162 $292,100 $218,500 $73,600
2024 $3,162 $281,800 $218,500 $63,300
2023 $3,018 $281,800 $218,500 $63,300
2022 $2,900 $281,800 $218,500 $63,300
2021 $2,102 $281,800 $218,500 $63,300
2020 $2,756 $281,800 $218,500 $63,300
2019 $2,725 $281,800 $218,500 $63,300
2018 $2,700 $281,800 $218,500 $63,300
2017 $2,657 $281,800 $218,500 $63,300
2016 $2,556 $281,800 $218,500 $63,300
2015 $2,522 $281,800 $218,500 $63,300
2014 $2,485 $281,800 $218,500 $63,300
Source: Public Records

Agents Affiliated with this Home

  • Joseph Babcock

    Seller's Agent in 2024

    Joseph Babcock

    BHHS Fox & Roach

    (609) 513-2519

    27 in this area

    30 Total Sales

    Joseph Babcock
    Section Image

  • R

    Buyer's Agent in 2024

    REGINA MACOM

    BHHS Fox & Roach

    (609) 425-4245

    13 in this area

    23 Total Sales

    REGINA MACOM
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586683

South Jersey Shore Regional MLS

APN: 08-03101-0000-00009-0000-C1

New Jersey Cape May County Ocean City 08226

3113 Central Ave Unit 1, Ocean City, NJ

Not Listed for Sale

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