NOT LISTED FOR SALE

4529 Central Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $2,065,632 - $3,684,000

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

Last Sold December 28, 2012

Last sale price $880,000

Est. 200% increase in value since last sale

Current estimated payment $15,889/month

264 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

Beautiful Beachfront Southend 1st Floor Unit. 4 bedroom/2 bath, central air, fireplace. Hardwood floors, freshly painted, newer kitchen, appliances and counters. Huge deck, just steps from the beach, carport parking, vinyl siding. Beautifully furnished and equipped (less personal exclusions). Lowest price 4 bedroom beachfront out now. A Must See.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 02/23/2012

Last Buyer's Agent

Mary Kuchka, Gri, Crs

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,143

Year Built

  • Built in 1985

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Ocean Front
  • Ground Level Unit
  • Forced Air Heating and Cooling System

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,143

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Year Built: 1985
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Ocean Front

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2018
Sold by
Lannutti Anthony P and Lannutti Kimberly
Bought by
Stipa Richard F and Stipa Renee
Current Estimated Value
$2,640,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Outstanding Balance
$641,763
Interest Rate
4.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,999,145

Purchase Details

Listed on
Feb 23, 2012
Closed on
Dec 22, 2012
Sold by
Orourke Brian and Orourke Catherine
Bought by
Lannutti Anthony P and Lannutti Kimberly
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
List Price
$880,000
Sold Price
$880,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$585,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2003
Sold by
Rofi Edward A
Bought by
O'Rourke Brian P and O'Rourke Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.88%
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
Stipa Richard F $990,000 --
Lannutti Anthony P -- The Title Company Of Jersey
O'Rourke Brian P $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stipa Richard F $742,500
Previous Owner Lannutti Anthony P $585,000
Previous Owner O'Rourke Brian P $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $880,000 0.0% --
11/13/2012 11/13/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $880,000 -- --
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 $23,143 $2,062,700 $774,000 $1,288,700
2024 $23,143 $2,062,700 $774,000 $1,288,700
2023 $22,092 $2,062,700 $774,000 $1,288,700
2022 $21,225 $2,062,700 $774,000 $1,288,700
2021 $7,093 $950,800 $774,000 $176,800
2020 $9,299 $950,800 $774,000 $176,800
2019 $9,194 $950,800 $774,000 $176,800
2018 $9,109 $950,800 $774,000 $176,800
2017 $8,966 $950,800 $774,000 $176,800
2016 $8,624 $950,800 $774,000 $176,800
2015 $8,510 $950,800 $774,000 $176,800
2014 $8,386 $950,800 $774,000 $176,800
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2012

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    155 in this area

    498 Total Sales

    Jeff Quintin
    Section Image
  • Mary Kuchka, Gri, Crs

    Buyer's Agent in 2012

    Mary Kuchka, Gri, Crs

    BERGER REALTY-Main

    (609) 576-2790

    32 in this area

    35 Total Sales

    Mary Kuchka, Gri, Crs
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 391014

South Jersey Shore Regional MLS

APN: 08-04501-0000-00005-0000-C1

New Jersey Cape May County Ocean City 08226

4529 Central Ave Unit 1st Floor, Ocean City, NJ

This home is located at 4529 Central Ave Unit 1st Floor, Ocean City, NJ 08226 since 23 February 2012 and is currently estimated at $2,640,908. This property was built in 1985. 4529 Central Ave Unit 1st Floor 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.

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