NOT LISTED FOR SALE

3604 Asbury Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $863,485 - $1,204,000

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

Last Sold September 28, 2020

Last sale price $560,000

Est. 81% increase in value since last sale

Current estimated payment $5,803/month

30 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Main Floor Primary Bedroom
  • 1-minute walk to 34th Street Park

About This Home

As of September 2020

Beautiful first floor 3 bed 2 bath condo located one lot in from the corner of 36th street and Asbury, close walking distance to the beach, 34th street playground, restaurants, shops and more...Amenities feature vinyl siding, attractive landscaping, carport with plenty of offstreet parking, private storage and outside shower, large front and rear decking, extremely mint interior with wall to wall carpeting, updated beachy furnishings, large L shaped counter, fully appointed kitchen, gas heat, central air, fireplace, spacious bedrooms, tastefully decorated and so much more. This lovely unit has fantastic rental history and is being offered mostly furnished minus some personal exclusions. Don't miss your chance to own a beautiful unit on a fabulous block!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 06/02/2020

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

  • $5,242

Year Built

  • Built in 1994

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Dining Room
  • Recreation Room
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Assigned Parking

Utilities

  • Central Air
  • 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

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,242

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 06/02/2020
  • Year Built: 1994
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Dining Room, Recreation/Family, Primary Br On 1st Floor
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned, Carport

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 28, 2020
Sold by
Mcmaster William and Mcmaster Jean
Bought by
Iatesta Thomas P and Iatesta Christine P
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Current Estimated Value
$1,012,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,121
Avg. Annual Appreciation
12.46%
Original Mortgage
$448,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Settelen John L and Settelen Kathy L
Bought by
Mcmaster William and Mcmaster Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Ratigan Kevin T and Ratigan Maria J
Bought by
Settelen John L and Settelen Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.71%
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
Iatesta Thomas P $560,000 None Listed On Document
Iatesta Thomas P $560,000 None Listed On Document
Mcmaster William $545,000 The Title Company Of Jersey
Settelen John L $522,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iatesta Thomas P $448,000
Previous Owner Mcmaster William $417,000
Previous Owner Settelen John L $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $560,000 -1.7% --
07/02/2020 07/02/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $569,900 -2.6% --
06/02/2020 06/02/20 For Sale $585,000 -- --
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 $5,242 $467,200 $268,500 $198,700
2024 $5,242 $467,200 $268,500 $198,700
2023 $5,004 $467,200 $268,500 $198,700
2022 $4,807 $467,200 $268,500 $198,700
2021 $3,485 $467,200 $268,500 $198,700
2020 $4,569 $467,200 $268,500 $198,700
2019 $4,518 $467,200 $268,500 $198,700
2018 $4,476 $467,200 $268,500 $198,700
2017 $4,406 $467,200 $268,500 $198,700
2016 $4,238 $467,200 $268,500 $198,700
2015 $4,181 $467,200 $268,500 $198,700
2014 $4,121 $467,200 $268,500 $198,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537508

South Jersey Shore Regional MLS

APN: 08-03603-0000-00018-0000-C1