NOT LISTED FOR SALE

4040 Central Ave Unit 42 Ocean City, NJ 08226

Estimated Value: $1,208,609 - $1,616,000

-- Bed
-- Bath
1,644 Sq Ft
$847/Sq Ft Est. Value

About This Home

This home is located at 4040 Central Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,391,902, approximately $846 per square foot. 4040 Central Ave Unit 42 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2011
Sold by
Lanzalotto James and Scanlon Rose Ann M
Bought by
Tola Ryan and Tola Christine
Current Estimated Value
$1,391,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$285,119
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,106,783

Purchase Details

Closed on
Mar 9, 2007
Sold by
Cook James M and Cook Barbara J
Bought by
Lanzalotto James and Scanlon Rose Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2003
Sold by
Cook Barbara J
Bought by
Cook James M and Cook Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.88%
Mortgage Type
New Conventional
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
Tola Ryan $625,000 North American Title Agency
Lanzalotto James $850,000 Congress Title
Cook James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tola Ryan $417,000
Previous Owner Lanzalotto James $680,000
Previous Owner Cook James M $333,700
Closed Cook James M $125,000
Source: Public Records

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 $6,866 $611,900 $410,000 $201,900
2024 $6,866 $611,900 $410,000 $201,900
2023 $6,553 $611,900 $410,000 $201,900
2022 $6,296 $611,900 $410,000 $201,900
2021 $4,565 $611,900 $410,000 $201,900
2020 $5,984 $611,900 $410,000 $201,900
2019 $5,917 $611,900 $410,000 $201,900
2018 $5,862 $611,900 $410,000 $201,900
2017 $5,770 $611,900 $410,000 $201,900
2016 $5,550 $611,900 $410,000 $201,900
2015 $5,477 $611,900 $410,000 $201,900
2014 $5,397 $611,900 $410,000 $201,900
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4040 Central Ave Unit 42, Ocean City, NJ

This home is located at 4040 Central Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,391,902, approximately $846 per square foot. 4040 Central Ave Unit 42 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.

Nearby Homes