NOT LISTED FOR SALE

3220 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $964,403 - $1,292,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $570,000

Est. 96% increase in value since last sale

Current estimated payment $6,466/month

9 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • 3-minute walk to Sand Castle Park

About This Home

As of May 2016

Absolute beautiful 1st floor condo never rented! Close to the beach, shopping, restaurants and 34th street playground.

Last Agent to Sell the Property

Edward Kershbaumer

Compass New Jersey-Ocean City (O463E) Listed on: 04/15/2016

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Edward Kershbaumer

Compass New Jersey-Ocean City (O463E) Listed on: 04/15/2016

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,113

Year Built

  • Built in 2008

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,113

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished, Shades
  • Lvt Date: 05/02/2016
  • Year Built: 2008
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Other Rooms: Laundry/Utility Room
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 27, 2016
Sold by
Mchale Joseph and Mchale Gretchen
Bought by
Macadams Francis W and Macadams Sharon L
Seller's Agent
Edward Kershbaumer
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Edward Kershbaumer
Compass New Jersey-Ocean City (O463E)
List Price
$570,000
Sold Price
$570,000
Current Estimated Value
$1,119,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,101
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Mchale Joseph and Mc Hale Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
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
Macadams Francis W $570,000 Attorney
Mchale Joseph $629,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchale Joseph $566,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $570,000 0.0% --
04/24/2016 04/24/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $570,000 -- --
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 $6,113 $544,800 $255,100 $289,700
2024 $6,113 $544,800 $255,100 $289,700
2023 $5,835 $544,800 $255,100 $289,700
2022 $5,606 $544,800 $255,100 $289,700
2021 $4,064 $544,800 $255,100 $289,700
2020 $5,328 $544,800 $255,100 $289,700
2019 $5,268 $544,800 $255,100 $289,700
2018 $5,219 $544,800 $255,100 $289,700
2017 $5,137 $544,800 $255,100 $289,700
2016 $4,941 $544,800 $255,100 $289,700
2015 $4,876 $544,800 $255,100 $289,700
2014 $4,805 $544,800 $255,100 $289,700
Source: Public Records

Agents Affiliated with this Home

  • Edward Kershbaumer

    Seller's Agent in 2016

    Edward Kershbaumer

    Compass New Jersey-Ocean City (O463E)

    (609) 350-9922

    5 in this area

    21 Total Sales

    Edward Kershbaumer
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 467321

South Jersey Shore Regional MLS

APN: 08-03203-0000-00020-0000-C1

New Jersey Cape May County Ocean City 08226

3220 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 3220 Asbury Ave Unit 1, Ocean City, NJ 08226 since 15 April 2016 and is currently estimated at $1,119,101. This property was built in 2008. 3220 Asbury Ave Unit 1 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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