NOT LISTED FOR SALE

3800 Wesley Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $2,131,000 - $3,308,000

5 Beds
5 Baths
-- Sq Ft
5,401 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $1,597,500

Est. 78% increase in value since last sale

Current estimated payment $16,545/month

179 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • 1 Car Attached Garage
  • Gas Log Fireplace
  • Ocean City Primary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

Your OCEAN FRONT getaway awaits!This SPECTACULAR OCEAN FRONT condo boasts 5BDs, 5BAs, a bright high-end kitchen with granite countertops and stainless appliances. Hardwood and tile floors enhance the beauty of this home. Spend summers relaxing on the expansive deck watching waves crash while inhaling the salty ocean breeze. Continue the enjoyment of your new home all year by cozying up at one of the 2 fireplaces. On the ground level you will find a cabana room w/ full bath and a garage.

Last Agent to Sell the Property

BRETT NEAL

Shoreside Realty LLC Listed on: 10/02/2015

Last Buyer's Agent

TANYA PINKERTON

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,081

Year Built

  • Built in 2004

Lot Details

  • Building is beachfront but unit may not have water views

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,081

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 2004
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 5

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Apr 13, 2016
Sold by
Us Bank Trust Na
Bought by
Eland Kenneth G and Eland Diane L
Seller's Agent
BRETT NEAL
Shoreside Realty LLC
Buyer's Agent
TANYA PINKERTON
BERGER REALTY-Main
List Price
$1,597,500
Sold Price
$1,597,500
Current Estimated Value
$2,836,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,238,805
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Giorno Joseph D and Giorno Linda M
Bought by
Leonard Marilyn

Purchase Details

Closed on
Jul 15, 2004
Sold by
Ohara Patrick M
Bought by
Giorno Joseph D and Giorno Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,752,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2002
Sold by
Bauer Henry F
Bought by
O'Hara Patrick H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.09%
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
Eland Kenneth G $1,597,500 North American Title
Leonard Marilyn $2,775,000 --
Giorno Joseph D $2,190,000 Congress Title Division
O'Hara Patrick H $2,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giorno Joseph D $1,752,000
Previous Owner O'Hara Patrick H $2,500,000
Closed Giorno Joseph D $438,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $1,597,500 0.0% --
03/29/2016 03/29/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $1,597,500 -- --
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 $18,081 $1,611,500 $987,700 $623,800
2024 $18,081 $1,611,500 $987,700 $623,800
2023 $17,259 $1,611,500 $987,700 $623,800
2022 $16,582 $1,611,500 $987,700 $623,800
2021 $12,022 $1,611,500 $987,700 $623,800
2020 $15,760 $1,611,500 $987,700 $623,800
2019 $15,583 $1,611,500 $987,700 $623,800
2018 $15,438 $1,611,500 $987,700 $623,800
2017 $15,196 $1,611,500 $987,700 $623,800
2016 $14,616 $1,611,500 $987,700 $623,800
2015 $14,423 $1,611,500 $987,700 $623,800
2014 $14,213 $1,611,500 $987,700 $623,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BRETT NEAL

    Shoreside Realty LLC

    (856) 229-2229

    117 Total Sales

    BRETT NEAL
    Section Image

  • T

    Buyer's Agent in 2016

    TANYA PINKERTON

    BERGER REALTY-Main

    (609) 442-0418

    9 in this area

    11 Total Sales

    TANYA PINKERTON
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 456040

South Jersey Shore Regional MLS

APN: 08-03801-0000-00013-0000-C1

New Jersey Cape May County Ocean City 08226

3800 Wesley Ave Unit 1st Floor, Ocean City, NJ

This home is located at 3800 Wesley Ave Unit 1st Floor, Ocean City, NJ 08226 since 02 October 2015 and is currently estimated at $2,836,305. This property was built in 2004. 3800 Wesley Ave Unit 1st Floor 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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