NOT LISTED FOR SALE

5 Wesley Rd Ocean City, NJ 08226

Estimated Value: $1,722,000 - $2,138,000

4 Beds
3.5 Baths
-- Sq Ft
2,831 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $1,740,000

Est. 6% increase in value since last sale

Current estimated payment $10,585/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Porch
  • Ocean City Primary School Rated A
  • Great Room
  • Patio

About This Home

As of September 2024

Immaculate Gardens Area single family home ready for its next owner! This fully elevated 4 bed, 3.5 bath home sits over top a large garage area big enough to accommodate parking, storage, and relaxation space! Upon entry into the home you will be struck by tasteful design and elegant furnishings & decor throughout. The great room features designer furniture in the living area, spacious dining room table with beautiful server, and kitchen with SS appliances, tiled backsplash, & under cabinet lighting. This level is finished off by a bedroom with attached tiled bath as well as a 1/2 bath for guests to use when they are over. Upstairs you will find the main bedroom with attached tiled bath, laundry/utility room, and 2 more bedrooms which share a nice hall bathroom. Both bedrooms with attached baths also have built in custom closet organizers. Enjoy all the shore has to offer outside with two beautiful front porches with awnings and privacy/shade drop awnings on the first floor porch. Exterior also features an irrigation system as well as professional landscape lighting. Out back has the perfect shore yard- area to grill, use your outside shower, and entertaining space with a patio for tables and chairs. The property is mostly furnished, less personal exclusions. All furniture is beautiful, high end, and gently used! It is often used and rarely true, but in many ways this house is better than new construction. Pack your belongings and move right in after Summer. Please note that the seller prefers settlement to occur after Labor Day. Schedule your tour to see it for yourself today!

Last Agent to Sell the Property

STEPHEN HOFFMAN,RSPS

MARR AGENCY Listed on: 05/30/2024

Last Buyer's Agent

John A. McCann

C A McCann and Sons, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 31' x 90'
  • Fenced

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,895

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Lvt Date: 05/30/2024
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Kitchen Center Island
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch, Enclosed Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 31' x 90'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Sep 6, 2024
Sold by
Space Jerry G and Space Valorie A
Bought by
Grafenstine Michael Thomas and Grafenstine Carol Joy
Seller's Agent
STEPHEN HOFFMAN,RSPS
MARR AGENCY
Buyer's Agent
John A. McCann
C A McCann and Sons, Inc
List Price
$1,799,900
Sold Price
$1,740,000
Premium/Discount to List
-$59,900
-3.33%
Views
16
Current Estimated Value
$1,849,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,592
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,392,000
Outstanding Balance
$1,377,250
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$472,342

Purchase Details

Listed on
Feb 24, 2018
Closed on
Jul 12, 2018
Sold by
Jim Holdings Llc
Bought by
Space Jerry G and Space Valorie A
Seller's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
Buyer's Agent
STEPHEN HOFFMAN,RSPS
MARR AGENCY
List Price
$819,900
Sold Price
$785,000
Premium/Discount to List
-$34,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
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
Grafenstine Michael Thomas $1,740,000 Dune Abstract
Space Jerry G $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grafenstine Michael Thomas $1,392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $1,740,000 -3.3% --
06/16/2024 06/16/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $1,799,900 +129.3% --
07/12/2018 07/12/18 Sold $785,000 -1.8% -- View Prior Sale
05/26/2018 05/26/18 Pending -- -- --
05/11/2018 05/11/18 Price Changed $799,000 -1.3% --
04/26/2018 04/26/18 Price Changed $809,900 -0.6% --
04/04/2018 04/04/18 Price Changed $814,900 -0.6% --
02/24/2018 02/24/18 For Sale $819,900 -- --
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 $8,895 $792,800 $320,600 $472,200
2024 $8,895 $792,800 $320,600 $472,200
2023 $8,491 $792,800 $320,600 $472,200
2022 $8,158 $792,800 $320,600 $472,200
2021 $7,968 $792,800 $320,600 $472,200
2020 $7,754 $792,800 $320,600 $472,200
2019 $7,666 $792,800 $320,600 $472,200
2018 $7,595 $792,800 $320,600 $472,200
2017 $3,023 $320,600 $320,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 585672

South Jersey Shore Regional MLS

APN: 08-00070-03-00001-02