NOT LISTED FOR SALE

4813 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $2,320,000 - $3,121,000

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

Last Sold September 28, 2020

Last sale price $2,030,000

Est. 42% increase in value since last sale

Current estimated payment $16,740/month

36 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • 2-minute walk to 49th Street Dog Run

About This Home

As of September 2020

Absolutely incredible beachfront condo less than 2 years young with awesome beach and ocean views features 4 bedrooms, 4 custom full baths, extra living space, elevator, custom kitchen with high end appliances, high ceilings and open layout to capture spectacular ocean views, hardwood flooring throughout, custom trim work and crown molding, complete with high end furnishings and decorations included, large beach side deck to take in the salt air and ocean views up and down the coast, and much much more!! Video Tour - https://homejab.com/property/view/4813-central-ave-ocean-city-nj-08226-usa

Last Agent to Sell the Property

Chris Monihan

MONIHAN REALTY Listed on: 06/30/2020

Co-Listed By

MICHAEL FERRENS

MONIHAN REALTY License #1750824

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

  • $18,670

Year Built

  • Built in 2018

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Handicap Accessible
  • Ocean Front
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,670

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Rugs
  • Lvt Date: 06/30/2020
  • Year Built: 2018
  • Age: 2 To 5 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First 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: 4
  • Full Bathrooms: 4
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen

Exterior Features

  • Siding Exterior: Brick, Shingle, Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

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

Lot Info

  • Location: Bulkheaded, Ocean Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Elevator, Fireplace(s), Foyer, Handicap Features, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Sep 18, 2020
Sold by
Videon Spencer T and Videon Virginia
Bought by
Crandall Joseph and Crandall Colleen
Seller's Agent
Chris Monihan
MONIHAN REALTY
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$2,049,000
Sold Price
$2,030,000
Premium/Discount to List
-$19,000
-0.93%
Current Estimated Value
$2,872,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,515
Avg. Annual Appreciation
7.07%
Original Mortgage
$1,200,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2018
Sold by
Jwr Properties Llc
Bought by
Videon Spencer T and Videon Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2018
Sold by
Jwr Properties Llc
Bought by
Filipps Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2017
Sold by
Guinoso Peter J and Guinosso Catherine A
Bought by
Jwr Properties Llc

Purchase Details

Closed on
Oct 31, 2003
Sold by
Zane Raymond J
Bought by
Guinossi Peter and Guinosso Catherine A
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
Crandall Joseph $2,030,000 None Available
Videon Spencer T $1,820,000 --
Filipps Patricia $2,095,000 --
Jwr Properties Llc $960,000 Surety Title Company
Guinossi Peter $910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crandall Joseph $1,200,000
Previous Owner Filipps Patricia $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $2,030,000 0.0% --
09/28/2020 09/28/20 Sold $2,030,000 -0.9% -- View Prior Sale
08/25/2020 08/25/20 For Sale $2,049,000 +0.9% --
08/09/2020 08/09/20 Pending -- -- --
08/06/2020 08/06/20 Off Market $2,030,000 -- --
08/05/2020 08/05/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $2,049,000 -2.4% --
07/29/2020 07/29/20 Price Changed $2,099,000 +2.4% --
07/15/2020 07/15/20 Price Changed $2,049,000 -2.4% --
07/14/2020 07/14/20 For Sale $2,099,000 +3.4% --
06/30/2020 06/30/20 Off Market $2,030,000 -- --
06/30/2020 06/30/20 Price Changed $2,049,000 0.0% --
06/30/2020 06/30/20 For Sale $2,049,000 -2.4% --
04/13/2020 04/13/20 For Sale $2,099,999 -- --
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 $18,670 $1,664,000 $860,000 $804,000
2024 $18,670 $1,664,000 $860,000 $804,000
2023 $17,821 $1,664,000 $860,000 $804,000
2022 $17,123 $1,664,000 $860,000 $804,000
2021 $16,723 $1,664,000 $860,000 $804,000
2020 $16,274 $1,664,000 $860,000 $804,000
2017 $8,996 $969,400 $774,000 $195,400
2016 $8,792 $969,400 $774,000 $195,400
2015 $8,676 $969,400 $774,000 $195,400
2014 $8,550 $969,400 $774,000 $195,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538631

South Jersey Shore Regional MLS

APN: 08 04801-0000-00009-0000-C1