NOT LISTED FOR SALE

4631 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $3,037,335 - $4,826,000

5 Beds
4.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $2,518,000

Est. 50% increase in value since last sale

Current estimated payment $22,066/month

106 Days on Market

Highlights

  • Ocean Front
  • Unit is on the top floor
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Newly Remodeled
  • Wood Flooring

About This Home

As of May 2019

Luxury home builder, Achristavest, comes to the south end of Ocean City to offer this huge SECOND FLOOR condominium. This home will be built on a generous 40' x 100' beachfront lot overlooking Ocean City's beautiful south end beaches and the Atlantic Ocean. Featuring five bedrooms and four and a half baths, it will feature everything you'd expect from this custom home builder including an elevator, hardwood floors, a high end gourmet kitchen, luxurious baths and elegant appointments. Do not miss this rare opportunity to own one of the finest homes in the south end of Ocean City! First Floor is also available!

Last Agent to Sell the Property

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 06/17/2018

Last Buyer's Agent

TERRI NEY

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,598

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Ocean Front
  • Unit is on the top floor

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,598

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 06/17/2018
  • New Construction: Yes
  • Year Built: 2018
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Elevator, Enclsd/Covered Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Ocean Front

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2018
Closed on
May 10, 2019
Sold by
4629-4631 Central Ave Llc
Bought by
Sher Barry and Sher Lori
Seller's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
Buyer's Agent
TERRI NEY
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$2,575,000
Sold Price
$2,518,000
Premium/Discount to List
-$57,000
-2.21%
Current Estimated Value
$3,770,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,252,834
Avg. Annual Appreciation
6.45%
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
Sher Barry $2,518,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $2,518,000 -8.4% --
10/01/2018 10/01/18 Pending -- -- --
08/26/2018 08/26/18 Price Changed $2,749,000 +6.8% --
06/17/2018 06/17/18 For Sale $2,575,000 -- --
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 $25,598 $2,281,500 $860,000 $1,421,500
2024 $25,598 $2,281,500 $860,000 $1,421,500
2023 $24,435 $2,281,500 $860,000 $1,421,500
2022 $23,477 $2,281,500 $860,000 $1,421,500
2021 $17,020 $2,281,500 $860,000 $1,421,500
2020 $22,313 $2,281,500 $860,000 $1,421,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 507048

South Jersey Shore Regional MLS

APN: 08 04601-0000-00005-0000-C2