NOT LISTED FOR SALE

3905 Central Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $2,232,000 - $2,426,000

4 Beds
4 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 23, 2016

Last sale price $1,300,000

Est. 78% increase in value since last sale

Current estimated payment $13,562/month

110 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of November 2016

This stunning home is the epitome of beachfront living! Spacious 1st floor beachfront offers every amenity you could want including: private entrance, private garage, cabana level with full bath, security system, front and rear decks, custom gourmet kitchen, hardwood floors and striking ocean views! This is a beautiful home, and comfortable and spacious enough for a large family. You'll love the huge front deck for dining, lounging & catching those sea breezes! Don't miss this terrific opportunity!

Last Agent to Sell the Property

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 03/14/2016

Last Buyer's Agent

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 03/14/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,160

Year Built

  • Built in 2003

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Ocean Front
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,160

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 03/14/2016
  • Year Built: 2003
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Ocean Front

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2005
Sold by
Gasper Gary and Gasper Donna
Bought by
Possumato Riccardo and Possumato Joanne
Current Estimated Value
$2,308,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Outstanding Balance
$753,612
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,785,586

Purchase Details

Closed on
Mar 11, 1992
Sold by
Thurm Arthur W and Thurm Gilbert
Bought by
Beatty Christine T and Beatty Paulette
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
Possumato Riccardo $2,125,000 The Title Company Of Jersey
Beatty Christine T $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Possumato Riccardo $1,487,500
Closed Possumato Riccardo $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $1,300,000 0.0% --
07/02/2016 07/02/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $1,300,000 -- --
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 $15,160 $1,351,200 $860,000 $491,200
2024 $15,160 $1,351,200 $860,000 $491,200
2023 $14,471 $1,351,200 $860,000 $491,200
2022 $13,904 $1,351,200 $860,000 $491,200
2021 $10,080 $1,351,200 $860,000 $491,200
2020 $13,215 $1,351,200 $860,000 $491,200
2019 $13,066 $1,351,200 $860,000 $491,200
2018 $12,945 $1,351,200 $860,000 $491,200
2017 $12,742 $1,351,200 $860,000 $491,200
2016 $12,255 $1,351,200 $860,000 $491,200
2015 $12,093 $1,351,200 $860,000 $491,200
2014 $11,941 $1,353,900 $862,700 $491,200
Source: Public Records

Agents Affiliated with this Home

  • Mary Kuchka, Gri, Crs

    Seller's Agent in 2016

    Mary Kuchka, Gri, Crs

    BERGER REALTY-Main

    (609) 576-2790

    35 in this area

    38 Total Sales

    Mary Kuchka, Gri, Crs
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 464524

South Jersey Shore Regional MLS

APN: 08-03901-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

3905 Central Ave Unit 1st Floor, Ocean City, NJ

This home is located at 3905 Central Ave Unit 1st Floor, Ocean City, NJ 08226 since 14 March 2016 and is currently estimated at $2,308,371. This property was built in 2003. 3905 Central 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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