NOT LISTED FOR SALE

3916 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,385,129 - $1,636,000

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

Last Sold September 25, 2020

Last sale price $850,000

Est. 78% increase in value since last sale

Current estimated payment $8,695/month

116 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of September 2020

This very spacious home exudes comfort and fun! You'll love having family and friends in your beach home, whether you're relaxing on the gated front deck, lounging in the large living room, or enjoying a great family dinner, there's room here for everyone! The kitchen is highlighted by granite counter tops and elegant cabinetry, with stainless steel appliance package. Rich colors and warm hardwood floors accent the living area, while carpeted bedrooms, tile floors and beachy decor complement the bedrooms and baths. You'll love the wall storage system in the garage, perfect for keeping all the beach equipment organized. Best of all, it sits right across the street from the beach block and is close to the 34th Street bridge and shopping area.

Last Agent to Sell the Property

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 03/02/2020

Last Buyer's Agent

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 03/02/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,783

Year Built

  • Built in 2006

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,783

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished, Rugs
  • Lvt Date: 03/04/2020
  • Year Built: 2006
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • 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, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Sep 23, 2020
Sold by
Friedman Craig and Friedman Shari
Bought by
Catania Joseph V and Catania Maureen L
Seller's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
Buyer's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Current Estimated Value
$1,516,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,032
Avg. Annual Appreciation
12.11%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2014
Sold by
Griffin Robert and Griffin Barbara
Bought by
Friedman Craig and Friedman Shari

Purchase Details

Closed on
Aug 3, 2011
Sold by
Possumato Riccardo and Possumato Joanne
Bought by
Griffith Robert and Griffin Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Pashuck David M and Pashuck Suzanne
Bought by
Possumato Riccardo and Possumato Joanne
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
Catania Joseph V $850,000 Misc Company
Friedman Craig $765,000 The Title Company Of Jersey
Griffith Robert $715,000 None Available
Possumato Riccardo $1,099,500 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catania Joseph V $510,000
Previous Owner Griffith Robert $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $850,000 -1.7% --
06/26/2020 06/26/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $864,900 -1.7% --
06/11/2020 06/11/20 Price Changed $879,900 0.0% --
05/30/2020 05/30/20 Price Changed $880,000 +0.1% --
04/30/2020 04/30/20 Price Changed $879,000 -0.1% --
04/23/2020 04/23/20 Price Changed $879,900 -2.2% --
03/02/2020 03/02/20 For Sale $899,900 -- --
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 $7,783 $693,700 $389,500 $304,200
2024 $7,783 $693,700 $389,500 $304,200
2023 $7,430 $693,700 $389,500 $304,200
2022 $7,138 $693,700 $389,500 $304,200
2021 $5,171 $693,700 $389,500 $304,200
2020 $6,769 $692,100 $389,500 $302,600
2019 $6,693 $692,100 $389,500 $302,600
2018 $6,630 $692,100 $389,500 $302,600
2017 $6,527 $692,100 $389,500 $302,600
2016 $6,277 $692,100 $389,500 $302,600
2015 $6,194 $692,100 $389,500 $302,600
2014 -- $692,100 $389,500 $302,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Kuchka, Gri, Crs

    Seller's Agent in 2020

    Mary Kuchka, Gri, Crs

    BERGER REALTY-Main

    (609) 576-2790

    32 in this area

    35 Total Sales

    Mary Kuchka, Gri, Crs
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534794

South Jersey Shore Regional MLS

APN: 08-03902-0000-00011-0000-C1

New Jersey Cape May County Ocean City 08226

3916 Central Ave Unit 1, Ocean City, NJ

This home is located at 3916 Central Ave Unit 1, Ocean City, NJ 08226 since 02 March 2020 and is currently estimated at $1,516,032. This property was built in 2006. 3916 Central 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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