NOT LISTED FOR SALE

4617 Asbury 1st Floor Unit 1 Ocean City, NJ 08226

Estimated Value: $905,546 - $1,220,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold May 18, 2012

Last sale price $525,000

Est. 102% increase in value since last sale

Current estimated payment $6,090/month

6 Days on Market

Highlights

  • Furnished
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Kitchen Island
  • Dining Area

About This Home

As of May 2012

FREE HOME OWNER'S WARRANTY ADDS PIECE OF MIND TO THIS GREAT FIRST FLOOR. ADD TO YOUR “MUST SEE” LIST! Built in 2003, this upscale custom first floor is one of the finest on the market right now. Located on the ocean side of Asbury Avenue, this pristine home is just steps to the beach. Maintenance free exterior, fully enclosed garage, private enclosed outside shower, and many interior upgrades make this home a best buy. Take a drive and see it today! Originally asking $600,000-this is a great opportunity!

Last Agent to Sell the Property

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 04/04/2012

Last Buyer's Agent

Sheila Lapham

BHHS FOX and ROACH-Northfield License #0336910

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 2003

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Blinds
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,874

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Year Built: 2003
  • Age: 6 To 10 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: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 3
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 2
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Lower
  • Dining Room: On Level: Lower
  • Kitchen: On Level: Lower
  • Living Room: On Level: Lower
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 18, 2012
Sold by
Lawrence Paul and Lawrence Paul Barbara
Bought by
Brame Kenneth A and Brame Carol A
Seller's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
Buyer's Agent
Sheila Lapham
BHHS FOX and ROACH-Northfield
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$1,059,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,387
Avg. Annual Appreciation
5.36%
Original Mortgage
$393,750
Outstanding Balance
$272,810
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$786,577

Purchase Details

Closed on
May 2, 2003
Sold by
Island Developers Llc
Bought by
Schink Jack and Schink Mary Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,900
Interest Rate
5.93%

Purchase Details

Closed on
Apr 30, 2003
Sold by
Island Developers Llc
Bought by
Paul Lawrence Paul and Paul Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,900
Interest Rate
5.93%
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
Brame Kenneth A $525,000 Title Resources Guaranty Co
Schink Jack $509,900 --
Paul Lawrence Paul $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brame Kenneth A $393,750
Previous Owner Schink Jack $407,900
Previous Owner Paul Lawrence Paul $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $525,000 0.0% --
04/10/2012 04/10/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $525,000 -- --
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 $5,874 $523,500 $283,500 $240,000
2024 $5,874 $523,500 $283,500 $240,000
2023 $5,607 $523,500 $283,500 $240,000
2022 $5,387 $523,500 $283,500 $240,000
2021 $5,120 $523,500 $283,500 $240,000
2020 $5,120 $523,500 $283,500 $240,000
2019 $5,062 $523,500 $283,500 $240,000
2018 $5,015 $523,500 $283,500 $240,000
2017 $4,937 $523,500 $283,500 $240,000
2016 $4,748 $523,500 $283,500 $240,000
2015 $4,685 $523,500 $283,500 $240,000
2014 $4,617 $523,500 $283,500 $240,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Kuchka, Gri, Crs

    Seller'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

  • S

    Buyer's Agent in 2012

    Sheila Lapham

    BHHS Fox & Roach

    (609) 705-6386

    Sheila Lapham
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 393193

South Jersey Shore Regional MLS

APN: 08-04602-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

4617 Asbury 1st Floor Unit 1, Ocean City, NJ

This home is located at 4617 Asbury 1st Floor Unit 1, Ocean City, NJ 08226 since 04 April 2012 and is currently estimated at $1,059,387. This property was built in 2003. 4617 Asbury 1st Floor Unit 1 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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