NOT LISTED FOR SALE

3519 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,718,000

4 Beds
2 Baths
-- Sq Ft
0.92 Acres

Last Sold July 29, 2022

Last sale price $1,400,000

Est. 23% increase in value since last sale

Current estimated payment $10,862/month

Highlights

  • Water Views
  • Unit is on the top floor
  • Building is beachfront but unit may not have water views
  • Ocean City Primary School Rated A
  • New Construction
  • 2-minute walk to 34th Street Park

About This Home

As of July 2022

WOW! The Gem of the SouthEnd on a 40 x 100 lot. Attention to detail is apparent in this new construction masterpiece. Only steps to the beach, this 1st floor home bodes 4 bedrooms and 2 baths and an elevator. Enter into the highly sought after open floorplan, featuring a luxurious kitchen & dining room as well a spacious great room with a gas fireplace. The kitchen is equipped with stainless steal appliances, center island, and upgrades throughout. You'll have plenty of room in the oversized garage for all of your bikes and beach needs. Estimated completion is July 2022. Floor Plans are available upon request. Call the listing agent (Disston) today to secure this incredible investment. 2nd Floor is also available.

Last Agent to Sell the Property

Harry Vanderslice

Compass New Jersey-Ocean City (O463H) Listed on: 03/14/2022

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.92

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Unit is on the top floor

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,725

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 03/14/2022
  • New Construction: Yes
  • Year Built: 2022
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Great Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Aug 5, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Oswald Matthew J and Oswald Hollie Smith
Seller's Agent
Harry Vanderslice
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$1,429,000
Sold Price
$1,400,000
Premium/Discount to List
-$29,000
-2.03%
Current Estimated Value
$1,718,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,000
Original Mortgage
$1,185,600
Outstanding Balance
$1,128,643
Interest Rate
4.99%

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jul 29, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Damico Michael David and Damico Brittany Lynn
Seller's Agent
Harry Vanderslice
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$1,429,000
Sold Price
$1,400,000
Premium/Discount to List
-$29,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,600
Outstanding Balance
$1,128,643
Interest Rate
4.99%

Purchase Details

Closed on
Sep 20, 2021
Sold by
Mcrorry Jeanette T and Mcrorry Timothy
Bought by
V2 Prop Entity 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 19, 2015
Sold by
Mccorry Scott R and Mccorry James W
Bought by
Mccorry Jeanette T

Purchase Details

Closed on
Dec 14, 2000
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
Oswald Matthew J -- Freedom Title
Damico Michael David $1,400,000 Surety Title
3519-21 Asbury Avenue Condominium Association -- Surety Title
V2 Prop Entity 7 Llc $1,425,000 None Available
Mccorry Jeanette T -- Attorney
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oswald Matthew J $1,185,600
Closed Damico Michael David $1,120,000
Previous Owner V2 Prop Entity 7 Llc $1,550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $1,400,000 -2.0% --
03/19/2022 03/19/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $1,429,000 -- --
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
2022 $6,725 $653,500 $653,500 $0
2021 $5,142 $689,300 $653,500 $35,800
2020 $6,741 $689,300 $653,500 $35,800
2019 $6,666 $689,300 $653,500 $35,800
2018 $6,603 $689,300 $653,500 $35,800
2017 $6,500 $689,300 $653,500 $35,800
2016 $6,252 $689,300 $653,500 $35,800
2015 $6,169 $689,300 $653,500 $35,800
2014 $6,080 $689,300 $653,500 $35,800
Source: Public Records

Agents Affiliated with this Home

  • Harry Vanderslice

    Seller's Agent in 2022

    Harry Vanderslice

    Compass New Jersey-Ocean City (O463H)

    (609) 675-1575

    76 in this area

    102 Total Sales

    Harry Vanderslice
    Section Image
  • Michael Contino

    Buyer's Agent in 2022

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    361 in this area

    419 Total Sales

    Michael Contino
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560644

South Jersey Shore Regional MLS

APN: 08-03502-0000-00010

New Jersey Cape May County Ocean City 08226

3519 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 3519 Asbury Ave Unit 1, Ocean City, NJ 08226 since 14 March 2022 and is currently priced at $1,718,000. This property was built in 2022. 3519 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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