NOT LISTED FOR SALE

4624 Central Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $1,136,419 - $1,412,000

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

Last Sold October 21, 2014

Last sale price $615,000

Est. 114% increase in value since last sale

Current estimated payment $7,499/month

196 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Laundry Room

About This Home

As of October 2014

Location (Across from the Beach) Condition (Pristine) & Price (Under $650,000) This 1st Floor 4 Bedroom 2 Bath Condo Has It All. Features Include: Spacious Great Room, Up-dated Kitchen with Granite Countertops, Gas Heat & Central Air, Gas Fireplace, 4 Large Bedrooms, Front & Rear Decks, Parking for 3 Cars, Enclosed Outside Shower, Maintenance Free Exterior with Vinyl Siding & Railings, Beautifully Furnished and Decorated. Great Location! Great Condition! Great Value! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 02/17/2014

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,555

Year Built

  • Built in 1986

Lot Details

  • 4,008

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,555

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished, Rugs
  • Year Built: 1986
  • 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, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Stucco, Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, 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), Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Oct 21, 2014
Sold by
Miola Paul J and Miola Joan B
Bought by
Chapin Carole L
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$1,315,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,355
Avg. Annual Appreciation
7.15%
Original Mortgage
$492,000
Outstanding Balance
$378,297
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$937,058

Purchase Details

Closed on
Oct 30, 2007
Sold by
Panebianco John A and Rose Charline F
Bought by
Miola Paul J and Miola Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Chapin Carole L $615,000 The Title Company Of Jersey
Miola Paul J $715,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapin Carole L $492,000
Previous Owner Miola Paul J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2014 10/21/14 Sold $615,000 0.0% --
09/01/2014 09/01/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $615,000 -- --
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 $6,555 $584,200 $410,000 $174,200
2024 $6,555 $584,200 $410,000 $174,200
2023 $6,257 $584,200 $410,000 $174,200
2022 $6,011 $584,200 $410,000 $174,200
2021 $4,358 $584,200 $410,000 $174,200
2020 $5,713 $584,200 $410,000 $174,200
2019 $5,649 $584,200 $410,000 $174,200
2018 $5,597 $584,200 $410,000 $174,200
2017 $5,509 $584,200 $410,000 $174,200
2016 $5,299 $584,200 $410,000 $174,200
2015 $5,229 $584,200 $410,000 $174,200
2014 $5,153 $584,200 $410,000 $174,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2014

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    358 in this area

    416 Total Sales

    Michael Contino
    Section Image
  • Francis Davish

    Buyer's Agent in 2014

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    79 in this area

    123 Total Sales

    Francis Davish
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 424680

South Jersey Shore Regional MLS

APN: 08-04602-0000-00021-0000-C1

New Jersey Cape May County Ocean City 08226

4624 Central Ave Unit 1st Floor, Ocean City, NJ

This home is located at 4624 Central Ave Unit 1st Floor, Ocean City, NJ 08226 since 17 February 2014 and is currently estimated at $1,315,355. This property was built in 1986. 4624 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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