NOT LISTED FOR SALE

4812 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $952,968 - $1,103,000

3 Beds
2 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $491,750

Est. 108% increase in value since last sale

Current estimated payment $5,803/month

23 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to 49th Street Dog Run

About This Home

As of November 2018

Elevated south-end first floor.Three bedrooms two baths, larger floor plan, Engineered wood floors through the great room and hall way, newer Kitchen, Gas heat, central a/c(newer), large bedrooms, huge carport, tons of off street parking, storage area and outside shower. Perfect south end location with Great Beach!

Last Agent to Sell the Property

Scott Kirkpatrick

BHHS FOX and ROACH-Simpson OC Listed on: 10/02/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Mark Grimes

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,336

Lot Details

  • 3,615

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,336

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 10/03/2018
  • Age: 25+ Years
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Nov 20, 2018
Sold by
Mcelroy James J and Mcelroy Linda
Bought by
Braham James E and Braham Deborah A
Seller's Agent
Scott Kirkpatrick
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$499,900
Sold Price
$491,750
Premium/Discount to List
-$8,150
-1.63%
Current Estimated Value
$1,021,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,742
Avg. Annual Appreciation
11.13%
Original Mortgage
$368,800
Outstanding Balance
$324,285
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$697,207

Purchase Details

Closed on
Mar 1, 1995
Sold by
Ortona Vena M D
Bought by
Mcelroy Jesj Mc and Mcelroy Linda Mc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.96%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Braham James E $491,750 --
Mcelroy Jesj Mc $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braham James E $368,800
Previous Owner Mcelroy Jesj Mc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $491,750 -1.6% --
10/25/2018 10/25/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $499,900 -- --
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 $5,336 $475,600 $340,200 $135,400
2024 $5,336 $475,600 $340,200 $135,400
2023 $5,094 $475,600 $340,200 $135,400
2022 $4,780 $475,600 $340,200 $135,400
2021 $3,548 $475,600 $340,200 $135,400
2020 $4,651 $475,600 $340,200 $135,400
2019 $4,599 $475,600 $340,200 $135,400
2018 $4,556 $475,600 $340,200 $135,400
2017 $4,485 $475,600 $340,200 $135,400
2016 $4,314 $475,600 $340,200 $135,400
2015 $4,257 $475,600 $340,200 $135,400
2014 $4,195 $475,600 $340,200 $135,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Kirkpatrick

    BHHS Fox & Roach

    (609) 602-0500

    23 in this area

    29 Total Sales

    Scott Kirkpatrick
    Section Image
  • Mark Grimes

    Buyer's Agent in 2018

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    129 in this area

    163 Total Sales

    Mark Grimes
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 512145

South Jersey Shore Regional MLS

APN: 08-04803-0000-00016-0000-C1

New Jersey Cape May County Ocean City 08226

4812 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 4812 Asbury Ave Unit 1, Ocean City, NJ 08226 since 02 October 2018 and is currently estimated at $1,021,492. 4812 Asbury Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes