NOT LISTED FOR SALE

400 1st St Unit 1 Ocean City, NJ 08226

Estimated Value: $575,286 - $768,000

3 Beds
1 Bath
-- Sq Ft
7,013 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $221,450

Est. 191% increase in value since last sale

Current estimated payment $3,630/month

10 Days on Market

Highlights

  • Deck
  • End Unit
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Corner Lot
  • Outdoor Community Showers

About This Home

As of December 2018

Cute and cozy with lots of natural light in this spacious unit at "The Desmond" located in the Northend! Close to the beach, boardwalk and downtown shopping, this unit features 3 bedrooms, 1 full bath, hardwood floors, gas baseboard heat, ceiling fans, roomy kitchen equipped with appliances and eat-in dining area, low condo fees, porch, outside shower to rinse after a day at the beach, assigned parking, and more! Manicured grounds, close to the 9th Street bridge & Longport bridge to access other shore points, a great home away from home seashore getaway!

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 11/15/2018

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 11/15/2018

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,345

Lot Details

  • 7,013

Parking

  • 1 Parking Space

Interior Spaces

  • 2-Story Property
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • End Unit
  • Ground Level Unit

Community Details

Overview

  • Association fees include electric, insurance, maintenance, sewer, taxes, trash

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,345

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Lvt Date: 11/17/2018
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Other Rooms: Eat In Kitchen
  • Common Area Features: Deck/Porch, Outside Shower

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water, Underground Tank
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Electric, Insurance, Maintenance, Sewer, Taxes, Trash
  • Management: Association

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2003
Sold by
Kinsella Josephine
Bought by
Friedel Richard B and Friedel Margaret A
Current Estimated Value
$645,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$55,473
Interest Rate
5.9%
Estimated Equity
$589,849

Purchase Details

Closed on
Sep 8, 1995
Sold by
Demidio Gregory
Bought by
Mayne Melidna

Purchase Details

Closed on
Sep 3, 1993
Sold by
Shah Jagdish N
Bought by
Crivelli Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.21%
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
Friedel Richard B $163,500 --
Mayne Melidna $55,250 --
Crivelli Sharon L $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedel Richard B $130,000
Previous Owner Crivelli Sharon L $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $221,450 -3.7% --
11/25/2018 11/25/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $229,900 -- --
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 $2,345 $209,000 $131,200 $77,800
2024 $2,345 $209,000 $131,200 $77,800
2023 $2,238 $209,000 $131,200 $77,800
2022 $2,151 $209,000 $131,200 $77,800
2021 $1,559 $209,000 $131,200 $77,800
2020 $2,044 $209,000 $131,200 $77,800
2019 $2,021 $209,000 $131,200 $77,800
2018 $2,002 $209,000 $131,200 $77,800
2017 $1,971 $209,000 $131,200 $77,800
2016 $1,896 $209,000 $131,200 $77,800
2015 $1,871 $209,000 $131,200 $77,800
2014 $1,843 $209,000 $131,200 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 514176

South Jersey Shore Regional MLS

APN: 08-00107-0000-00014-0000-C1