NOT LISTED FOR SALE

400 1st St Unit C Ocean City, NJ 08226

Estimated Value: $634,679 - $881,000

3 Beds
1 Bath
1,129 Sq Ft
7,013 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $243,000 $215 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $4,244/month

304 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • End Unit
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2018

Welcome to the Iconic DESMOND on the corner of 1st and Asbury Ave. You'll love this spacious three bedroom-one bath condo featuring an updated kitchen and bath, and well appointed decor making this a cute beach condo. Enjoy the easy walk to the beach, boardwalk and bay areas as well as the local shops along downtown Asbury Ave. Neighborhood stores and restaurants make to easy access to all your needs. Enjoy the outdoor space on the rear common area decks or the picnic area on the side yard. You won't find a better value on the island with 1,124 sq. ft of living space and with these amenities. Call today for your private showing. Easy to show. You beach condo awaits you!

Last Agent to Sell the Property

Kevin Redmond

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St Listed on: 01/27/2018

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Last Buyer's Agent

Cynda Hollenbaugh

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,201

Lot Details

  • 7,013

Home Design

  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,201

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 02/01/2018
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

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

Exterior Features

  • Siding Exterior: Asbestos, Shingle

Garage/Parking

  • Parking Exterior: One Car, Assigned, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Management: Association

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Murphy Kevin T and Murphy Michele A
Bought by
Spleen Debra S
Current Estimated Value
$747,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Outstanding Balance
$322,548
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$424,622

Purchase Details

Closed on
Feb 5, 2005
Sold by
Duggan Brian and Alvare Helen
Bought by
Saracco David and Saracco Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Spleen Debra S $689,000 Title Company Of Jersey
Spleen Debra S $689,000 Title Company Of Jersey
Saracco David $230,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spleen Debra S $339,000
Closed Spleen Debra S $339,000
Previous Owner Saracco David $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $243,000 -9.8% $215 / Sq Ft
12/05/2018 12/05/18 Price Changed $269,500 +7.8% $239 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/20/2018 11/20/18 Price Changed $249,900 -7.3% $221 / Sq Ft
10/02/2018 10/02/18 Price Changed $269,500 -2.0% $239 / Sq Ft
09/18/2018 09/18/18 Price Changed $275,000 -0.9% $244 / Sq Ft
08/27/2018 08/27/18 Price Changed $277,500 -0.9% $246 / Sq Ft
08/02/2018 08/02/18 Price Changed $279,900 -1.8% $248 / Sq Ft
05/30/2018 05/30/18 Price Changed $285,000 -1.4% $252 / Sq Ft
04/27/2018 04/27/18 Price Changed $289,000 -3.3% $256 / Sq Ft
04/26/2018 04/26/18 Price Changed $299,000 +3.5% $265 / Sq Ft
04/10/2018 04/10/18 Price Changed $289,000 -3.3% $256 / Sq Ft
01/27/2018 01/27/18 For Sale $299,000 -- $265 / Sq Ft
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 $3,201 $285,300 $131,200 $154,100
2024 $3,201 $285,300 $131,200 $154,100
2023 $3,056 $285,300 $131,200 $154,100
2022 $2,191 $212,900 $131,200 $81,700
2021 $1,588 $212,900 $131,200 $81,700
2020 $2,082 $212,900 $131,200 $81,700
2019 $2,059 $212,900 $131,200 $81,700
2018 $2,040 $212,900 $131,200 $81,700
2017 $2,008 $212,900 $131,200 $81,700
2016 $1,931 $212,900 $131,200 $81,700
2015 $1,905 $212,900 $131,200 $81,700
2014 $1,878 $212,900 $131,200 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Kevin Redmond

    Seller's Agent in 2018

    Kevin Redmond

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 513-6220

    70 in this area

    102 Total Sales

    Kevin Redmond
    Section Image
  • Cynda Hollenbaugh

    Buyer's Agent in 2018

    Cynda Hollenbaugh

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 703-2480

    16 in this area

    24 Total Sales

    Cynda Hollenbaugh
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 500191

South Jersey Shore Regional MLS

APN: 08-00107-0000-00014-0000-C3

New Jersey Cape May County Ocean City 08226

400 1st St Unit C, Ocean City, NJ

This home is located at 400 1st St Unit C, Ocean City, NJ 08226 since 27 January 2018 and is currently estimated at $747,170, approximately $661 per square foot. 400 1st St Unit C 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes