NOT LISTED FOR SALE

3225 Bay Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $618,000 - $793,000

3 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold April 02, 2021

Last sale price $480,000

Est. 49% increase in value since last sale

Current estimated payment $4,092/month

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Laundry Room

About This Home

As of April 2021

Spacious 3 bedroom 2 bath 1st floor with a large porch, big fenced yard & plenty of parking on a 40 x 115 lot. Oversized bedrooms can accommodate king sized beds. Kitchen has newer appliances and granite countertops. Separate laundry /utility room. Condo has 3 different entrances, a handicap ramp and a peek of the bay. Super close to 34th street exit, Wawa, ice cream & playground.

Last Agent to Sell the Property

Stacy Demcher

Keller Williams Realty Jersey Shore-Ocean City Listed on: 02/18/2021

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

John Walton

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,551

Lot Details

  • 4,617

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Pad

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Deck
  • Fenced
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,551

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 02/18/2021
  • 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, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Room, Laundry/Utility Room, Master Br On 1st Floor
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Fenced Yard, Outside Shower

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public Water

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 2, 2021
Sold by
Hickey John J and Hickey Lisa
Bought by
Oconnor Daniel Scott and Oconnor Maria Catherine
Seller's Agent
Stacy Demcher
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$470,000
Sold Price
$480,000
Premium/Discount to List
$10,000
2.13%
Current Estimated Value
$713,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,033
Avg. Annual Appreciation
9.21%
Original Mortgage
$384,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
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
Oconnor Daniel Scott $480,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnor Daniel Scott $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $480,000 +1.1% --
02/20/2021 02/20/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $475,000 +1.1% --
02/18/2021 02/18/21 For Sale $470,000 -- --
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 $3,551 $316,500 $163,100 $153,400
2024 $3,551 $316,500 $163,100 $153,400
2023 $3,390 $316,500 $163,100 $153,400
2022 $3,257 $316,500 $163,100 $153,400
2021 $2,325 $311,600 $163,100 $148,500
2020 $3,047 $311,600 $163,100 $148,500
2019 $3,013 $311,600 $163,100 $148,500
2018 $2,985 $311,600 $163,100 $148,500
2017 $2,938 $311,600 $163,100 $148,500
2016 $2,826 $311,600 $163,100 $148,500
2015 $2,789 $311,600 $163,100 $148,500
2014 $2,748 $311,600 $163,100 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547337

South Jersey Shore Regional MLS

APN: 08-03206-0000-00006-0000-C1