NOT LISTED FOR SALE

405 Central Ave Ocean City, NJ 08226

Ocean City Area

Estimated Value: $1,532,261

6 Beds
4.5 Baths
2,920 Sq Ft
$525/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2020

Last sale price $685,000 $235 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $9,104 / mo

24 Days on Market

Highlights

  • Recreation Room
  • Screened Porch
  • Eat-In Kitchen
  • Wood Flooring
  • Den
  • In-Law or Guest Suite

About This Home

As of February 2020

Spacious in Ocean City! Fantastic Location! 5 bedroom 3 1/2 bath main house and detached 1 bedroom 1 bath cottage. This home boasts a very large yard and is steps from downtown, the beach, and the boardwalk. Newer heat, air and tankless hot water heater. This property is a must see!

Last Agent to Sell the Property

Lorie Rice

BHHS FOX and ROACH-West Ave OC Listed on: 09/27/2019

BHHS FOX and ROACH-West Ave OC

Co-Listed By

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Francis Davish

Keller Williams Realty Jersey Shore - Ocean City

Keller Williams Realty Jersey Shore - Ocean City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,534

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Dining Room
  • Den
  • Recreation Room
  • Screened Porch
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Zoned Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Shed
  • Fenced

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, In-Law Quarters, Laundry/Utility Room, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Porch Screened, Shed, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric, Gas

Lot Info

  • Lot Dimensions: 50x100 irg
  • Lot Size: Less Than One Acre

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 7, 2020
Sold by
Bought by
Seller's Agent
Lorie Rice
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore - Ocean City
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Current Estimated Value
$1,532,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,261
Avg. Annual Appreciation
13.21%
Original Mortgage
$479,500
Outstanding Balance
$416,469
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,115,792

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 1991
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 1991
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$685,000 Surety Title
-- Shore Title Agency Inc
$175,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $479,500
Previous Owner $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $685,000 -1.4% $235 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $695,000 -- $238 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,294 $739,200 $419,700 $319,500
2025 $8,294 $739,200 $419,700 $319,500
2024 $8,294 $739,200 $419,700 $319,500
2023 $7,917 $739,200 $419,700 $319,500
2022 $7,606 $739,200 $419,700 $319,500
2021 $5,201 $739,200 $419,700 $319,500
2020 $7,229 $739,200 $419,700 $319,500
2019 $7,148 $739,200 $419,700 $319,500
2018 $7,082 $739,200 $419,700 $319,500
2017 $6,971 $739,200 $419,700 $319,500
2016 $6,705 $739,200 $419,700 $319,500
2015 $6,616 $739,200 $419,700 $319,500
2014 $6,520 $739,200 $419,700 $319,500
Source: Public Records

Agents Affiliated with this Home

  • Lorie Rice

    Seller's Agent in 2020

    Lorie Rice

    BHHS Fox & Roach

    (609) 602-1295

    57 Total Sales

    Lorie Rice
    Section Image
  • Patrick Halliday

    Seller Co-Listing Agent in 2020

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    341 Total Sales

    Patrick Halliday
    Section Image
  • Francis Davish

    Buyer's Agent in 2020

    Francis Davish

    Keller Williams Realty Jersey Shore - Ocean City

    (609) 398-9912

    84 Total Sales

    Francis Davish
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528589

South Jersey Shore Regional MLS

APN: 08-00406-0000-00013

New Jersey Cape May County Ocean City 08226

405 Central Ave, Ocean City, NJ

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Information is deemed reliable but not guaranteed.
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