NOT LISTED FOR SALE

4820 Central Ave Unit 1st Ocean City, NJ 08226

Estimated Value: $1,265,000 - $1,672,000

4 Beds
3 Baths
1,552 Sq Ft
$917/Sq Ft Est. Value

About This Home

This home is located at 4820 Central Ave Unit 1st, Ocean City, NJ 08226 and is currently estimated at $1,422,737, approximately $916 per square foot. 4820 Central Ave Unit 1st 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Purcell Martin and Purcell Lisa
Bought by
Leithead Michael J and Leithead Mary E
Current Estimated Value
$1,422,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$575,878
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$846,859

Purchase Details

Closed on
Mar 25, 2017
Sold by
Aftosmes Peter E and Aftosmes Despina A
Bought by
Purcell Martin and Purcell Lisa

Purchase Details

Closed on
Nov 11, 2011
Sold by
Ziedonis Janis G and Ziedonis Zenta E
Bought by
Aftosmes Peter E and Aftosmes Despina A

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
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2001
Sold by
4820 Assoc
Bought by
Ziedonis Janis G and Ziedonis Zenta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,050
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Leithead Michael J $1,450,000 Fidelity National Title
Leithead Michael J $1,450,000 Fidelity National Title
Purcell Martin $670,000 None Available
Aftosmes Peter E $525,000 Foundation Title Llc
Ziedonis Janis G $414,500 --
Ziedonis Janis G $414,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leithead Michael J $580,000
Closed Leithead Michael J $580,000
Previous Owner Aftosmes Peter E $417,000
Previous Owner Ziedonis Janis G $273,050
Source: Public Records

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 $6,997 $623,600 $410,000 $213,600
2024 $6,997 $623,600 $410,000 $213,600
2023 $6,679 $623,600 $410,000 $213,600
2022 $6,417 $623,600 $410,000 $213,600
2021 $4,652 $623,600 $410,000 $213,600
2020 $6,099 $623,600 $410,000 $213,600
2019 $6,030 $623,600 $410,000 $213,600
2018 $5,974 $623,600 $410,000 $213,600
2017 $5,499 $583,100 $410,000 $173,100
2016 $5,289 $583,100 $410,000 $173,100
2015 $5,219 $583,100 $410,000 $173,100
2014 $5,143 $583,100 $410,000 $173,100
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4820 Central Ave Unit 1st, Ocean City, NJ

This home is located at 4820 Central Ave Unit 1st, Ocean City, NJ 08226 and is currently estimated at $1,422,737, approximately $916 per square foot. 4820 Central Ave Unit 1st 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.

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