NOT LISTED FOR SALE

3720 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,020,116 - $1,346,000

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

Last Sold March 17, 2022

Last sale price $925,000

Est. 32% increase in value since last sale

Current estimated payment $6,984/month

Highlights

  • Wood Flooring
  • Furnished
  • 1 Car Attached Garage
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 3-minute walk to 34th Street Park

About This Home

As of March 2022

Located just steps from the beach this beautifully appointed beach oasis features 3 bedrooms, 2 bathrooms, a gourmet kitchen, hardwood floors, private entrances and much more. $40,000 lease in place for Summer 2022.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 01/21/2022

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

DONNA DROHAN

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 2016

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,356

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 01/21/2022
  • Year Built: 2016
  • Age: 6 To 10 Years
  • 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: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 17, 2022
Sold by
Ellis Alexander Ross and Ellis Danielle Jessica
Bought by
Burghardt Joseph C and Burghardt Michelle M
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
DONNA DROHAN
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$979,000
Sold Price
$925,000
Premium/Discount to List
-$54,000
-5.52%
Current Estimated Value
$1,217,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,279
Avg. Annual Appreciation
7.99%
Original Mortgage
$648,000
Outstanding Balance
$603,851
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$613,428

Purchase Details

Listed on
Oct 15, 2016
Closed on
Dec 16, 2016
Sold by
Ocean City Development Group Llc
Bought by
Alexander Ross Ellis and Alexander Jessica Danielle
Seller's Agent
STEPHEN HOFFMAN,RSPS
MARR AGENCY
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2015
Sold by
Hoffman Anna S and Stockholm Joann H
Bought by
Ocean City Development Group Llc
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
Burghardt Joseph C $925,000 Fidelity National Title
Alexander Ross Ellis $580,000 Freedom Title And Abstract
Ocean City Development Group Llc $610,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burghardt Joseph C $648,000
Previous Owner Alexander Ross Ellis $100,000
Previous Owner Alexander Ross Ellis $422,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $925,000 -5.5% --
01/25/2022 01/25/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $979,000 +68.8% --
12/16/2016 12/16/16 Sold $580,000 0.0% -- View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $580,000 -- --
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 $6,356 $566,500 $268,500 $298,000
2024 $6,356 $566,500 $268,500 $298,000
2023 $6,067 $566,500 $268,500 $298,000
2022 $5,829 $566,500 $268,500 $298,000
2021 $5,693 $566,500 $268,500 $298,000
2020 $5,540 $566,500 $268,500 $298,000
2019 $5,478 $566,500 $268,500 $298,000
2018 $5,427 $566,500 $268,500 $298,000
2017 $5,342 $566,500 $268,500 $298,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Halliday

    Seller's Agent in 2022

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    215 in this area

    364 Total Sales

    Patrick Halliday
    Section Image

  • D

    Buyer's Agent in 2022

    DONNA DROHAN

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 705-4018

    18 in this area

    23 Total Sales

    DONNA DROHAN
    Section Image
  • STEPHEN HOFFMAN,RSPS

    Seller's Agent in 2016

    STEPHEN HOFFMAN,RSPS

    MARR AGENCY

    (609) 432-8891

    44 in this area

    51 Total Sales

    STEPHEN HOFFMAN,RSPS
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 558934

South Jersey Shore Regional MLS

APN: 08-03703-0000-00021-0000-C1

New Jersey Cape May County Ocean City 08226

3720 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 3720 Asbury Ave Unit 1, Ocean City, NJ 08226 since 21 January 2022 and is currently estimated at $1,217,279. This property was built in 2016. 3720 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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