NOT LISTED FOR SALE

4104 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,238,934 - $1,549,000

4 Beds
2.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold January 15, 2019

Last sale price $685,000

Est. 101% increase in value since last sale

Current estimated payment $7,871/month

40 Days on Market

Highlights

  • Deck
  • Furnished
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of January 2019

Ocean and beach views without the price tag!! This home is across the street from the beach, but only one house from the corner, so you have views of the ocean from the front porch! This home has been entirely remodeled over the past four years. It offers beautiful beachy decor, a stacked stone fireplace, and a terrific kitchen with granite counters, glass tile back splash, new stainless steel range and refrigerator. New molding, shadow boxes and baseboards accent the bamboo hardwood flooring which runs throughout the home. The master bathroom has also been recently remodeled. This home generates an impressive rental income, and has plenty of space for the whole family with four large bedrooms and 2.5 baths. Catch the jitney to the boardwalk, and come home to enjoy the peaceful south end of Ocean City! BOTH FLOORS ARE AVAILABLE FOR PURCHASE!

Last Agent to Sell the Property

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 08/12/2018

Last Buyer's Agent

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 08/12/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,057

Year Built

  • Built in 1989

Lot Details

  • 4,008

Parking

  • 1 Parking Space

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,057

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 08/13/2018
  • Year Built: 1989
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Cable Tv, Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Dryvit

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2013
Closed on
Aug 13, 2013
Sold by
Malvern Federal Savings Bank
Bought by
Cornelius Robert and Cornelius Karen
Seller's Agent
Kevin Halliday
BERGER REALTY-A
Buyer's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
List Price
$509,000
Sold Price
$509,000
Current Estimated Value
$1,373,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,734
Avg. Annual Appreciation
8.51%
Original Mortgage
$407,200
Outstanding Balance
$302,941
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,070,793

Purchase Details

Closed on
Jan 3, 2013
Sold by
Brown Terri and Boskovich Joseph
Bought by
Malvern Federal Savings Bank
Source: Public Records

Range of Values:

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Average Value
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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
Cornelius Robert $509,000 The Title Company Of Jersey
Malvern Federal Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Robert $407,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2019 01/15/19 Sold $685,000 -2.1% --
09/21/2018 09/21/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $699,900 -3.5% --
08/12/2018 08/12/18 For Sale $725,000 +42.4% --
08/16/2013 08/16/13 Sold $509,000 0.0% -- View Prior Sale
07/24/2013 07/24/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $509,000 -- --
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 $7,057 $629,000 $410,000 $219,000
2024 $7,057 $629,000 $410,000 $219,000
2023 $6,737 $629,000 $410,000 $219,000
2022 $6,472 $629,000 $410,000 $219,000
2021 $4,692 $629,000 $410,000 $219,000
2020 $6,152 $629,000 $410,000 $219,000
2019 $5,875 $607,600 $410,000 $197,600
2018 $5,821 $607,600 $410,000 $197,600
2017 $5,730 $607,600 $410,000 $197,600
2016 $5,511 $607,600 $410,000 $197,600
2015 $5,438 $607,600 $410,000 $197,600
2014 $5,359 $607,600 $410,000 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 509668

South Jersey Shore Regional MLS

APN: 08-04102-0000-00015-0000-C1