NOT LISTED FOR SALE

3508 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,036,000 - $1,479,000

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

Last Sold January 07, 2021

Last sale price $712,500

Est. 65% increase in value since last sale

Current estimated payment $6,745/month

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 3-minute walk to 34th Street Park

About This Home

As of January 2021

Looking for a spacious vacation home only ½ block from the beach? You’ve found the one! This 4 bedroom, 2 bathroom unit is simply fantastic! The entrance reveals a spacious open layout. The living room features a gas fireplace and room to lounge with friends or family. This space opens into a large kitchen with a breakfast bar, tons of counter space, ample storage, and a recently updated tile floor. The kitchen’s large dining area holds a generous table that can easily seat 10. From the dining area or the living room, take one of the two doors onto your balcony to savor ocean breezes. Make your way up the staircase to see the spacious sleeping quarters. You’ll find 4 bedrooms and 2 full bathrooms (one of which was recently renovated) for comfortably hosting several guests. This floor features plenty of closet space and a laundry room with a washer and dryer. This unit is being sold partially furnished and is well appointed throughout. To top it off, a new HVAC unit and furnace have been installed. The exterior of this unit shines with new siding, new double hung windows, a new roof, new doors, and new sliders! The 2 car garage provides easy parking and storage. Utilize your own outdoor shower after a day at the beach. Conveniently walk to and from the beach from this location, since it’s only one half block from your new home! Enjoy the best of this Ocean City location by visiting the water, Sandcastle Park, delicious eateries, and more. Don’t miss this!

Last Agent to Sell the Property

Christopher Ferzoco

Keller Williams Realty Jersey Shore-Ocean City Listed on: 10/30/2020

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,926

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Fireplace
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,926

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 10/30/2020
  • 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, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2004
Sold by
Griffith Leo
Bought by
Falco Harry J and Falco Kimberly J
Current Estimated Value
$1,174,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.5%
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
Falco Harry J $620,000 --
Falco Harry J $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falco Harry J $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $712,500 -1.0% --
11/23/2020 11/23/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $719,900 -2.1% --
10/30/2020 10/30/20 For Sale $735,000 -- --
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 $5,926 $528,200 $362,000 $166,200
2024 $5,926 $528,200 $362,000 $166,200
2023 $5,657 $528,200 $362,000 $166,200
2022 $5,435 $528,200 $362,000 $166,200
2021 $3,881 $520,200 $362,000 $158,200
2020 $5,088 $520,200 $362,000 $158,200
2019 $5,030 $520,200 $362,000 $158,200
2018 $4,984 $520,200 $362,000 $158,200
2017 $4,905 $520,200 $362,000 $158,200
2016 $4,718 $520,200 $362,000 $158,200
2015 $4,656 $520,200 $362,000 $158,200
2014 $4,588 $520,200 $362,000 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 544111

South Jersey Shore Regional MLS

APN: 08-03502-0000-00016-0000-C1