NOT LISTED FOR SALE

315 Ocean Ave Ocean City, NJ 08226

Estimated Value: $840,000 - $882,692

2 Beds
1 Bath
-- Sq Ft
4,182 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $640,000

Est. 33% increase in value since last sale

Current estimated payment $5,025/month

19 Days on Market

Highlights

  • Heating Available
  • Ocean City Primary School Rated A
  • 3-minute walk to Lake Memorial Park

About This Home

As of May 2022

Single Family 2 Story 1920's Craftsman Style Home with 2 bedrooms 1 bath on a wooded 32 X 130 foot lot.

Last Agent to Sell the Property

PAUL TARVES

MONIHAN REALTY-A License #1753977 Listed on: 04/13/2022

Last Buyer's Agent

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City License #8439099

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1920

Lot Details

  • 4,182

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2-Story Property
  • Lot Dimensions are 32 x 130
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,407

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 04/13/2022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Aluminum

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 32 X 130
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 16, 2022
Sold by
Joseph Burden Drew
Bought by
Merritt William and Merritt Karen Mileti
Seller's Agent
PAUL TARVES
MONIHAN REALTY-A
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Current Estimated Value
$850,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,760
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Jun 30, 2021
Sold by
Burden Alma Est
Bought by
Burden Drew J
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
Merritt William $640,000 The Title Company
Burden Drew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glupker Barbara $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $640,000 -8.4% --
05/02/2022 05/02/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $699,000 -- --
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 $4,407 $392,800 $329,100 $63,700
2024 $4,407 $392,800 $329,100 $63,700
2023 $4,207 $392,800 $329,100 $63,700
2022 $4,042 $392,800 $329,100 $63,700
2021 $2,930 $392,800 $329,100 $63,700
2020 $3,842 $392,800 $329,100 $63,700
2019 $3,798 $392,800 $329,100 $63,700
2018 $3,763 $392,800 $329,100 $63,700
2017 $3,704 $392,800 $329,100 $63,700
2016 $3,563 $392,800 $329,100 $63,700
2015 $3,516 $392,800 $329,100 $63,700
2014 $3,886 $440,600 $367,700 $72,900
Source: Public Records

Agents Affiliated with this Home

  • PAUL TARVES

    Seller's Agent in 2022

    PAUL TARVES

    MONIHAN REALTY-A

    (570) 412-3020

    6 in this area

    8 Total Sales

    Section Image
  • Francis Davish

    Buyer's Agent in 2022

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    90 in this area

    144 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561757

South Jersey Shore Regional MLS

APN: 08-00304-0000-00012

New Jersey Cape May County Ocean City 08226

315 Ocean Ave, Ocean City, NJ

This home is located at 315 Ocean Ave, Ocean City, NJ 08226 since 13 April 2022 and is currently estimated at $860,923. This property was built in 1920. 315 Ocean 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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