NOT LISTED FOR SALE

3312 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,431,000 - $1,532,000

4 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $885,000

Est. 66% increase in value since last sale

Current estimated payment $8,566/month

103 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Primary Bedroom
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 2-minute walk to Sand Castle Park

About This Home

As of November 2020

New Construction - scheduled for completion Fall 2020. This custom home is built with many structural and architectural upgrades including SOUND REDUCING INSULATION between floors to reduce noise from upstairs. Bright open great room room features prairie style windows with upgraded trim, gas fireplace, tray ceiling, crown molding & hardwood floors, kitchen with granite counter tops, center island & tiled back splash. 4 bedrooms include a Master suite with tiled bath, walk-in closet and private deck and a junior master that also has a full bath. Large moisture resistant garage has plenty of extra storage room. Exterior features hurricane proof windows, a large, covered front deck, rear deck, outside shower, cedar impression shingles on entire house and landscaping. Many structural upgrades add to the value of this condo that is just steps to wide beaches with mature protective dunes. Close to shopping, playground and restaurants.

Last Agent to Sell the Property

Stacy Demcher

Keller Williams Realty Jersey Shore-Ocean City Listed on: 05/29/2020

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

John Walton

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

John Walton

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,105

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • 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

$9,105

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 05/29/2020
  • New Construction: Yes
  • Year Built: 2019
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Great Room, Primary Br On 1st Floor
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, 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

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Dec 3, 2020
Sold by
Modular Developers Nj Llc
Bought by
Doogan Daniel P and Doogan Meredith E
Seller's Agent
Stacy Demcher
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
List Price
$899,900
Sold Price
$885,000
Premium/Discount to List
-$14,900
-1.66%
Current Estimated Value
$1,472,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,545
Avg. Annual Appreciation
11.12%
Original Mortgage
$446,000
Outstanding Balance
$397,144
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,075,401

Purchase Details

Closed on
Jul 15, 2015
Sold by
Sheets Joan Willar and Sheets Harold V
Bought by
Sheets Harold V and Reed Elizabeth Susanne

Purchase Details

Closed on
Mar 28, 2007
Sold by
Sheets Joan Willar
Bought by
Sheets Joan Willar and Sheets Harold V
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
Doogan Daniel P $885,000 Misc Company
Doogan Daniel P $885,000 The Title Company
Sheets Harold V -- Attorney
Sheets Joan Willar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doogan Daniel P $446,000
Closed Doogan Daniel P $446,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $885,000 -1.7% --
09/09/2020 09/09/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $899,900 0.0% --
08/14/2020 08/14/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $899,900 -- --
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 $9,105 $811,500 $362,000 $449,500
2024 $9,105 $811,500 $362,000 $449,500
2023 $8,691 $811,500 $362,000 $449,500
2022 $8,350 $811,500 $362,000 $449,500
2021 $6,054 $811,500 $362,000 $449,500
2020 $7,936 $811,500 $362,000 $449,500
Source: Public Records

Agents Affiliated with this Home

  • Stacy Demcher

    Seller's Agent in 2020

    Stacy Demcher

    Keller Williams Realty Jersey Shore-Ocean City

    (610) 662-0919

    66 in this area

    93 Total Sales

    Stacy Demcher
    Section Image
  • John Walton

    Seller Co-Listing Agent in 2020

    John Walton

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 338-7667

    56 in this area

    75 Total Sales

    John Walton
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537368

South Jersey Shore Regional MLS

APN: 08 03302-0000-00017-0000-C1

New Jersey Cape May County Ocean City 08226

3312 Central Ave Unit 1, Ocean City, NJ

This home is located at 3312 Central Ave Unit 1, Ocean City, NJ 08226 since 29 May 2020 and is currently estimated at $1,472,545. This property was built in 2019. 3312 Central 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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