$1,345,000
SOLD OCT 24, 2019

401 48th St Ocean City, NJ 08226

4 Beds
5 Baths
990 Sq Ft
3,790 Sq Ft Lot

Recently Sold

$1,359 Per Sq Ft

11% Below List Price

6 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • 2-minute walk to 49th Street Dog Run

About This Home

As of June 2025

OCEAN CITY- LARGE 4 BEDROOM 5 BATH OCEAN VIEW SINGLE FAMILY HOME - As you enter this Custom Home you are greeted by the Cypress Flooring that extends throughout the living space and Every Bedrooms in the home. The lower level Features a Full Bath and a Spacious Family room for Large Families or overflow from those summer parties. Continuing to the 2nd floor by use of the Elevator or up the 3 Story Glass Foyer you will find the 2nd of the 3 Family Rooms, 3 Spacious Bedrooms and 2 Full Well Appointed Bathrooms. The 3rd Floor / Main Floor has an Open Floor Plan with Vaulted Ceilings, Separate Dining Area, Gas Fireplace, Custom Kitchen w/ Granite Counters, High End Cabinets and Appliances, Deck w/ Views and the Master Bath with Custom Tiled Shower, His / Hers Vanity, Tiled Flooring and Walls. Very few Newer Homes of this Size and Quality sell in Ocean City priced this reasonably and when they do show up, they sell quick. So schedule your Private Showing soon. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 10/01/2019

COASTAL ELITE REALTY

Last Buyer's Agent

Don Wristbridge

BHHS FOX and ROACH-Simpson OC License #SB-8646546

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,139

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 60x63
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Great Room
  • Dining Area
  • Den
  • Recreation Room
  • Water Views
  • Burglar Security System

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,139

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 10/01/2019
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Gas Stove, Refrigerator
  • Interior Amenities: Cathedral Ceiling, Elevator
  • Bedrooms: 4
  • Full Bathrooms: 5
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Recreation/Family

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Stone, Vinyl

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 60x63
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Jun 27, 2025
Sold by
Palombi William and Palombi Susan
Bought by
Weisbrot Connie Susan
Seller's Agent
Don Wristbridge
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
Buyer's Agent
Gray Haenn
BERGER REALTY
List Price
$3,100,000
Sold Price
$3,100,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-84.06%

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 16, 2019
Sold by
Diplomat Property Manager
Bought by
Palombi William and Palombi Susan
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Don Wristbridge
BHHS FOX and ROACH-Simpson OC
List Price
$1,509,900
Sold Price
$1,345,000
Premium/Discount to List
-$164,900
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%

Purchase Details

Closed on
Mar 27, 2018
Sold by
Nolan Robert A
Bought by
Diplomat Property Manager

Purchase Details

Closed on
Oct 14, 2004
Sold by
Richardson Keith
Bought by
Pisko Robert B and Pisko Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,100,000 None Listed On Document
Deed $3,100,000 None Listed On Document
Deed $1,345,000 None Available
Quit Claim Deed -- --
Bargain Sale Deed $1,050,000 --
Bargain Sale Deed $1,050,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,560,000 Unknown
Previous Owner $1,282,010 Construction
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $3,100,000 0.0% $3,131 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $3,100,000 +130.5% $3,131 / Sq Ft
10/24/2019 10/24/19 Sold $1,345,000 0.0% $425 / Sq Ft
10/24/2019 10/24/19 Sold $1,345,000 -10.9% $1,359 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/07/2019 10/07/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $1,509,900 -5.6% $1,525 / Sq Ft
06/07/2019 06/07/19 For Sale $1,599,900 -- $505 / 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
2024 $17,139 $1,527,500 $635,200 $892,300
2023 $16,360 $1,527,500 $635,200 $892,300
2022 $15,718 $1,527,500 $635,200 $892,300
2021 $15,351 $1,527,500 $635,200 $892,300
2020 $16,689 $1,706,400 $635,200 $1,071,200
2019 $16,501 $1,706,400 $635,200 $1,071,200
2018 $16,347 $1,706,400 $635,200 $1,071,200
2017 $16,091 $1,706,400 $635,200 $1,071,200
2016 $15,477 $1,706,400 $635,200 $1,071,200
2015 $15,272 $1,706,400 $635,200 $1,071,200
2014 $15,050 $1,706,400 $635,200 $1,071,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528715

South Jersey Shore Regional MLS

APN: 08-04702-03-00007