NOT LISTED FOR SALE

4528 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,427,000 - $1,652,000

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

Last Sold March 31, 2023

Last sale price $1,299,900

Est. 15% increase in value since last sale

Current estimated payment $8,559/month

5 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of March 2023

(HIGHEST AND BEST OFFERS DUE BY TUESDAY 2/28/23 AT 5PM ) GORGEOUS BEACH BLOCK CONDO! Come See This Beautifully Renovated 1st Floor Located In The Desirable South End, Just Steps To The Beach! Situated On A Large 40 x 100 Lot With An OVERSIZED Front Deck. Premier Location & Proven Winner. EXTRAORDINARY RENTAL INCOME, OVER $52K GROSS RENT & 11 WEEKS BOOKED SO FAR FOR 2023.(Potential Gross Rent Over $72k (See Agent Remarks). Conveniently Located Close To Uncle Bill's Pancake House & Aunt Betty's Ice Cream Shop At 40th St., A Short Bike Ride To The Acme & The Playground At 34th & 52nd St. And Steps To A Guarded Beach At 46th St. INTERIOR FEATURES: 4 Spacious Bedrooms , Fully Renovated Master En Suite Bath W/ Custom Tile Walk-In Shower (2018), Completely Upgraded Hall Bath W/ New Vanity, Quartz Counter Tops & Tile Flooring ( 2018). Bright & Airy Open Concept Kitchen That Features New White Shaker Cabinets, Quartz Counter Tops W/ Custom Subway Tile Backsplash, New Center Island W/ Matching Quartz (2018) New Kitchen Aid SS Steel Appliances (2018), Beautiful CoreTec Luxury Vinyl Plank Flooring Throughout Great Room & Hallway (2018), New Luxury Carpet In The Bedrooms (2018) Gas Fireplace W/ Custom Mantel Accented W/ Batten Board Trim (2018), New White Shaker Doors (2018) All New Light Fixtures & Door Hardware (2018), New HVAC (2022) New Commercial Grade Gas H/W Heater (2021), Plantation Shudders (2022),Custom Blinds, Very Large & Desirable Floor Plan That Offers Lots Of Space. Ideal For Entertaining Family & Friends Or Tenants Taking A Break From The Beach. EXTERIOR FEATURES: New Side Entry Door (2018) New HUGE Wolf Decking Front Porch (2018), Maintenance Free Vinyl Siding, Outside Shower, 1 1/2 Car Private Garage That Offers 2 Large Closets And Covered Access To The Side Entry Door. Being Offered Fully Furnished Less Personal Items (See Agent Remarks) Ideally Located, Tons Of Storage, Comfortably Sleeps 8 And Is The Perfect Primary, 2nd Home Or Investment Property. This Is Your Chance To Be 1 House From The Beach & Enjoy Ocean City And All It Has To Offer. Easy To Show! Call Listing Agent For More Details Or To Schedule A Private Showing...

Last Agent to Sell the Property

Michael Bushong Jr

Compass New Jersey-Ocean City (O463E) Listed on: 02/24/2023

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Patrick Rogers

MaxPort Real Estate - Down the Shore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 1994

Lot Details

  • 4,008

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,992

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 02/24/2023
  • Year Built: 1994
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Pantry

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 31, 2023
Sold by
Martin Craig B and Martin Sharon M
Bought by
Puliti Marino and Puliti Mary Ann
Seller's Agent
Michael Bushong Jr
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Patrick Rogers
MaxPort Real Estate - Down the Shore
List Price
$1,299,900
Sold Price
$1,299,900
Views
59
Current Estimated Value
$1,493,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,194
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Jun 19, 2014
Sold by
Lannutti Anthony P and Lannutti Kimberly A
Bought by
Martin Craig B and Martin Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Taylor Michael J
Bought by
Lannutti Anthony P and Growcott George W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Puliti Marino $1,299,900 None Listed On Document
Puliti Marino $1,299,900 None Listed On Document
Martin Craig B $641,000 Shore Title
Lannutti Anthony P $672,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Craig B $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,299,900 0.0% --
03/01/2023 03/01/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,299,900 -- --
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 $7,992 $712,300 $410,000 $302,300
2024 $7,992 $712,300 $410,000 $302,300
2023 $6,786 $633,600 $410,000 $223,600
2022 $6,520 $633,600 $410,000 $223,600
2021 $4,727 $633,600 $410,000 $223,600
2020 $6,197 $633,600 $410,000 $223,600
2019 $6,127 $633,600 $410,000 $223,600
2018 $6,070 $633,600 $410,000 $223,600
2017 $5,975 $633,600 $410,000 $223,600
2016 $5,747 $633,600 $410,000 $223,600
2015 $5,671 $633,600 $410,000 $223,600
2014 $5,588 $633,600 $410,000 $223,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571501

South Jersey Shore Regional MLS

APN: 08-04502-0000-00020-0000-C1