NOT LISTED FOR SALE

313 Central Ave Ocean City, NJ 08226

Estimated Value: $1,206,000 - $1,479,000

3 Beds
2 Baths
1,688 Sq Ft
$780/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $535,000 $317 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $7,611/month

66 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Ocean City Primary School Rated A
  • Victorian Architecture
  • 4-minute walk to Lake Memorial Park

About This Home

As of June 2012

Large historic single family home in the northend of Ocean City w/rear building w/2 apartments. Single home features: 3 bedrooms, 2 baths, hardwood floors, pergo floors, formal dining room, rear family room, newer kitchen w/stainless appliances, and tons of character. Rear building features: Large storage/laundry area, 1st floor 1 bedroom, 1 bath apartment and 2nd Floor 2 bedroom 1 bath apartment. Live in the front house and rent the rear apartments... for up to $2,000 in income... needs TLC

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 03/26/2012

Last Buyer's Agent

Gloria Votta

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40 x 100
  • Fenced

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • Dining Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,874

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Victorian
  • Age: 25+ Years
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Laminate Flooring
  • Interior Amenities: Storage
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Needs Work, Patio, Paved Road, Porch, Sidewalks
  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Concrete

Utilities

  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jun 29, 2012
Sold by
Clunn Kelli
Bought by
Pagano Cosmo and Pagano Sharren J
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Gloria Votta
BHHS FOX and ROACH-Simpson OC
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$1,317,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,041
Avg. Annual Appreciation
7.06%
Original Mortgage
$525,309
Outstanding Balance
$365,275
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$951,766

Purchase Details

Closed on
Feb 1, 2007
Sold by
Clunn Jeanne M and Clunn Richard Howard
Bought by
Clunn Richard Howard and Clunn Kelli

Purchase Details

Closed on
Jul 29, 2004
Sold by
Clunn Jeanne M
Bought by
Clunn Jeanne M and Clunn Richard Howard
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
Pagano Cosmo $535,000 Foundation Title Llc
Clunn Richard Howard -- None Available
Clunn Jeanne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagano Cosmo $525,309
Previous Owner Clunn Kelli $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $535,000 0.0% $317 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $535,000 -- $317 / Sq Ft
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 $5,874 $523,500 $285,300 $238,200
2024 $5,874 $523,500 $285,300 $238,200
2023 $5,607 $523,500 $285,300 $238,200
2022 $5,387 $523,500 $285,300 $238,200
2021 $3,905 $523,500 $285,300 $238,200
2020 $5,120 $523,500 $285,300 $238,200
2019 $5,062 $523,500 $285,300 $238,200
2018 $5,015 $523,500 $285,300 $238,200
2017 $4,937 $523,500 $285,300 $238,200
2016 $4,748 $523,500 $285,300 $238,200
2015 $4,685 $523,500 $285,300 $238,200
2014 $4,617 $523,500 $285,300 $238,200
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2012

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    113 in this area

    125 Total Sales

    RONALD C GIFFORD JR.
    Section Image
  • Gloria Votta

    Buyer's Agent in 2012

    Gloria Votta

    BHHS Fox & Roach

    (609) 425-6614

    27 in this area

    35 Total Sales

    Gloria Votta
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 392649

South Jersey Shore Regional MLS

APN: 08-00306-0000-00010

New Jersey Cape May County Ocean City 08226

313 Central Ave, Ocean City, NJ

This home is located at 313 Central Ave, Ocean City, NJ 08226 since 26 March 2012 and is currently estimated at $1,317,041, approximately $780 per square foot. This property was built in 1900. 313 Central Ave 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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