NOT LISTED FOR SALE

3708 Central Ave Unit 10 Ocean City, NJ 08226

Estimated Value: $2,106,000 - $3,309,000

-- Bed
-- Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $1,853,000

Est. 47% increase in value since last sale

Current estimated payment $15,767/month

Highlights

  • Ocean View
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • 3-minute walk to 34th Street Park

About This Home

As of November 2020

Beautiful and Bright Central Ave Duplex with 4 Bedrooms 3 Full Baths on Each floor. Front and back decks off of 1st and 2nd Floor. Hardwood floors and Spacious Kitchen with granite counter tops Large Bedrooms and spacious Living area, Across the Street and close to Corner of 37th Street Beach! Attached garage with breezeway to Outside showers and plenty of storage. 2nd Floor rental with $50,000+ Summer income potential 1st Floor was Owners unit but has $50,000 Summer income potential Rare duplex on Central and Owner will condo to suit buyers. Vacant and easy to show! Call Listing agent for lock box number

Last Agent to Sell the Property

John Greier

BERGER REALTY-Main Listed on: 09/04/2020

Last Buyer's Agent

Ellen Senft

BERGER REALTY-A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,839

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 40 x 100
  • Building is beachfront but unit may not have water views

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Ocean Views
  • Crawl Space
  • Storage In Attic
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,839

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 09/04/2020
  • Year Built: 2009
  • Age: 11 To 15 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Ocean View, Outside Shower, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 40 x 100

Rental Info

  • Rental Information: Seasonal

Multi Family

  • Number Of Units: 2
  • Number Of4 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Heat, Hot Water, Cooling, Cable Tv, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 12, 2020
Sold by
Linda Santerian Lt
Bought by
Lutkewitte Family Lp
Seller's Agent
John Greier
BERGER REALTY-Main
Buyer's Agent
Ellen Senft
BERGER REALTY-A
List Price
$1,849,900
Sold Price
$1,853,000
Premium/Discount to List
$3,100
0.17%
Current Estimated Value
$2,724,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,957
Avg. Annual Appreciation
8.21%
Original Mortgage
$1,420,312
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 1989
Sold by
Riviello Carmen
Bought by
Santerian Albert and Santerian Linda

Purchase Details

Closed on
Sep 15, 1988
Sold by
Mayer Robert and Mayer Gladys
Bought by
Kriviello Carmen and Kriviello Doris
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
Lutkewitte Family Lp $1,893,750 Misc Company
Lutkewitte Family Limited Partnership $1,893,750 The Title Company
Santerian Albert $273,000 --
Kriviello Carmen $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutkewitte Family Limited Partnership $1,420,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $1,853,000 -2.5% --
09/30/2020 09/30/20 Pending -- -- --
09/06/2020 09/06/20 Price Changed $1,899,999 +2.7% --
09/04/2020 09/04/20 For Sale $1,849,900 -- --
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 $15,839 $1,411,700 $722,000 $689,700
2024 $15,839 $1,411,700 $722,000 $689,700
2023 $15,119 $1,411,700 $722,000 $689,700
2022 $14,526 $1,411,700 $722,000 $689,700
2021 $10,393 $1,393,800 $722,000 $671,800
2020 $13,631 $1,393,800 $722,000 $671,800
2019 $13,478 $1,393,800 $722,000 $671,800
2018 $13,353 $1,393,800 $722,000 $671,800
2017 $13,144 $1,393,800 $722,000 $671,800
2016 $12,642 $1,393,800 $722,000 $671,800
2015 $12,475 $1,393,800 $722,000 $671,800
2014 $12,293 $1,393,800 $722,000 $671,800
Source: Public Records

Agents Affiliated with this Home

  • John Greier

    Seller's Agent in 2020

    John Greier

    BERGER REALTY-Main

    (609) 231-7598

    34 in this area

    42 Total Sales

    John Greier
    Section Image

  • E

    Buyer's Agent in 2020

    Ellen Senft

    BERGER REALTY-A

    13 in this area

    15 Total Sales

    Ellen Senft
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541603

South Jersey Shore Regional MLS

APN: 08-03702-0000-00019

New Jersey Cape May County Ocean City 08226

3708 Central Ave Unit 10, Ocean City, NJ

This home is located at 3708 Central Ave Unit 10, Ocean City, NJ 08226 since 04 September 2020 and is currently estimated at $2,724,957. This property was built in 2009. 3708 Central Ave Unit 10 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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