NOT LISTED FOR SALE

3929 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,739,913 - $2,166,000

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

Last Sold February 25, 2019

Last sale price $930,000

Est. 110% increase in value since last sale

Current estimated payment $11,497/month

47 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2019

Direct beachfront gem in this 4 bedroom 2 bath first floor condo with direct ocean views. Open concept living room, kitchen, and dining room with elevated ceilings and recessed lighting. Views from every area with panoramic windows and sliders in the living room allowing for plenty of natural light throughout. Kitchen has plenty of space with an island in the center and tile backsplash. Bedrooms on the second floor including master bedroom with full bathroom that has a jacuzzi tub and tiled floor. Other features include hardwood laminate floors, central air, recessed lighting, and off street parking for 2 cars. Enjoy sunrises from your full beachfront deck that has direct access to one of the best beaches at the shore. Property has fantastic rental income, and comes fully furnished less personal items and move in ready!

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 12/11/2018

Last Buyer's Agent

Chip Collins

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,650

Year Built

  • Built in 1980

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,650

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 12/11/2018
  • Year Built: 1980
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Laundry/Utility Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Wood

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Ocean Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Hardwood Floors, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2010
Sold by
Librizzi Ronald J and Librizzi Robin D
Bought by
Lanzalotto James and Scanlon Rose Ann M
Current Estimated Value
$1,950,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Tomasello Donald N
Bought by
Librizzi Ronald J and Librizzi Robin D
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
Lanzalotto James $1,100,000 Fidelity Natl Title Ins Co
Librizzi Ronald J $774,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinelli Marc S $385,000
Open Scanlon Rose Ann M $816,000
Closed Lanzalotto James $825,000
Previous Owner Librizzi Ronald J $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $930,000 -2.1% --
01/27/2019 01/27/19 Pending -- -- --
01/11/2019 01/11/19 Price Changed $949,900 -5.0% --
12/11/2018 12/11/18 For Sale $999,900 -- --
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 $10,650 $949,200 $774,000 $175,200
2024 $10,650 $949,200 $774,000 $175,200
2023 $10,166 $949,200 $774,000 $175,200
2022 $9,767 $949,200 $774,000 $175,200
2021 $7,081 $949,200 $774,000 $175,200
2020 $9,283 $949,200 $774,000 $175,200
2019 $9,179 $949,200 $774,000 $175,200
2018 $9,093 $949,200 $774,000 $175,200
2017 $8,951 $949,200 $774,000 $175,200
2016 $8,609 $949,200 $774,000 $175,200
2015 $8,495 $949,200 $774,000 $175,200
2014 $8,372 $949,200 $774,000 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 514920

South Jersey Shore Regional MLS

APN: 08-03901-0000-00005-0000-C1