NOT LISTED FOR SALE

4858 Central Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $1,654,000 - $2,066,000

5 Beds
2.5 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold December 09, 2016

Last sale price $700,000

Est. 156% increase in value since last sale

Current estimated payment $10,290/month

110 Days on Market

Highlights

  • Water Views
  • Deck
  • Main Floor Primary Bedroom
  • Ocean City Primary School Rated A
  • Recreation Room
  • 1-minute walk to 49th Street Dog Run

About This Home

As of December 2016

Gorgeous corner 5 bedroom 1st floor with direct ocean views sitting on a 50x100 ft lot. Amenities feature large front decking with spectacular views, huge living, kitchen and dining area, one interior step to walk back to bedrooms, 5 spacious rooms, master bedroom ocean views with private side deck, private garage and storage, enclosed outside shower and so much more. Being sold as is. Property is subject to 3rd party approval. Call listing agent for details.

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 05/27/2016

Last Buyer's Agent

John Greier

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,490

Lot Details

  • 5,009

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Room
  • Recreation Room
  • Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad

Utilities

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

Additional Features

  • Deck
  • End Unit
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,490

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 05/27/2016
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor, Water View
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Dining Room, Primary Br On 1st Floor, Recreation/Family
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Foyer, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Dec 7, 2016
Sold by
Desilvia Nicholas and Desilvia Linda
Bought by
Mastrocola Armando and Mastrocola Maryann
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
John Greier
BERGER REALTY-Main
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,795,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,095,394
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Chase Andrew B
Bought by
Desilvis Nicholas and Desilvis Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.03%
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
Mastrocola Armando $700,000 None Available
Desilvis Nicholas $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desilvis Nicholas $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $700,000 0.0% --
09/14/2016 09/14/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $700,000 -- --
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 $10,490 $934,900 $538,100 $396,800
2024 $10,490 $934,900 $538,100 $396,800
2023 $10,013 $934,900 $538,100 $396,800
2022 $9,620 $934,900 $538,100 $396,800
2021 $6,974 $934,900 $538,100 $396,800
2020 $9,143 $934,900 $538,100 $396,800
2019 $9,040 $934,900 $538,100 $396,800
2018 $8,956 $934,900 $538,100 $396,800
2017 $8,816 $934,900 $538,100 $396,800
2016 $8,480 $934,900 $538,100 $396,800
2015 $8,367 $934,900 $538,100 $396,800
2014 $8,246 $934,900 $538,100 $396,800
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2016

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    61 in this area

    68 Total Sales

    Matthew Bader
    Section Image
  • John Greier

    Buyer's Agent in 2016

    John Greier

    BERGER REALTY-Main

    (609) 231-7598

    34 in this area

    42 Total Sales

    John Greier
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 468800

South Jersey Shore Regional MLS

APN: 08-04802-0000-00026-0000-C1

New Jersey Cape May County Ocean City 08226

4858 Central Ave Unit 1st Floor, Ocean City, NJ

This home is located at 4858 Central Ave Unit 1st Floor, Ocean City, NJ 08226 since 27 May 2016 and is currently estimated at $1,795,394. 4858 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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