NOT LISTED FOR SALE

512 E 14th St Unit 2 Ocean City, NJ 08226

Estimated Value: $607,000 - $796,000

3 Beds
2 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $700,000

Est. 1% increase in value since last sale

Current estimated payment $4,100/month

11 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of March 2023

Are you dreaming of your very own beach getaway, or looking for a STRONG investment property in a prime location under $700K? You have to check out this sparkling, beautifully renovated 2nd floor condo just 1 short block to the beach and everything the award-winning Boardwalk has to offer in America's Greatest Family Resort Town! This turnkey 3 bed 2 bath top floor stunner has been completely remodeled (interior, deck, roof, etc.) and is ready for its next owner! Just a few short steps from the beautiful 14th St beach, all of the amenities the boardwalk has to offer, and a short walk to downtown Asbury, the location can’t be beat. This beautifully decorated home is being offered fully furnished, less personal items. A specific exclusions list can be provided upon request. Don’t miss your chance to see this for yourself as it will sell quickly. To be this close to the beach/boardwalk at this price is very hard to come by. Be the envy of your family and friends! Estimated seasonal rental income ~$40K (based on last 2 years of rental history).

Last Agent to Sell the Property

Allyson Lang

NEW ERA REAL ESTATE-D Listed on: 01/11/2023

NEW ERA REAL ESTATE-D

Last Buyer's Agent

Allyson Lang

NEW ERA REAL ESTATE-D Listed on: 01/11/2023

NEW ERA REAL ESTATE-D

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1915

Lot Details

  • 1,742

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,144

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 01/11/2023
  • Year Built: 1915
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 15, 2023
Sold by
512 E 14Th Street Llc
Bought by
Biebel Dale and Biebel Sarah
Seller's Agent
Allyson Lang
NEW ERA REAL ESTATE-D
Buyer's Agent
Allyson Lang
NEW ERA REAL ESTATE-D
List Price
$689,900
Sold Price
$700,000
Premium/Discount to List
$10,100
1.46%
Views
101
Current Estimated Value
$708,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,230
Avg. Annual Appreciation
0.45%
Original Mortgage
$560,000
Outstanding Balance
$559,423
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$148,807

Purchase Details

Closed on
Feb 16, 2021
Sold by
Mcpeak Cornelius J and Mcpeak Kara L
Bought by
512 E 14Th Street Llc

Purchase Details

Listed on
Sep 25, 2015
Closed on
Feb 27, 2017
Sold by
Raducha Kevin J
Bought by
Figueroa Scott and Figueroa Sharon
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%

Purchase Details

Closed on
Apr 21, 1998
Sold by
Fahy Patricia Miranda
Bought by
Alersitz Russell F and Altersitz Ave M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.11%

Purchase Details

Closed on
May 18, 1997
Sold by
Fahy Patricia M
Bought by
Raducka Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.12%
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
Biebel Dale $700,000 --
512 E 14Th Street Llc -- None Available
Figueroa Scott $200,000 None Available
Alersitz Russell F $105,000 --
Raducka Kevin J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biebel Dale $560,000
Previous Owner Alersitz Russell F $95,000
Previous Owner Raducka Kevin J $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $700,000 +1.5% --
01/22/2023 01/22/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $689,900 +55.7% --
10/02/2020 10/02/20 Sold $443,000 -1.6% -- View Prior Sale
08/19/2020 08/19/20 For Sale $450,000 0.0% --
08/13/2020 08/13/20 Pending -- -- --
08/11/2020 08/11/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $450,000 +125.0% --
02/27/2017 02/27/17 Sold $200,000 0.0% -- View Prior Sale
01/20/2017 01/20/17 Pending -- -- --
09/25/2015 09/25/15 For Sale $200,000 -- --
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 $4,144 $369,300 $222,500 $146,800
2024 $4,144 $369,300 $222,500 $146,800
2023 $3,955 $369,300 $222,500 $146,800
2022 $3,800 $369,300 $222,500 $146,800
2021 $2,700 $369,300 $222,500 $146,800
2020 $3,392 $346,800 $222,500 $124,300
2019 $3,354 $346,800 $222,500 $124,300
2018 $3,322 $346,800 $222,500 $124,300
2017 $3,270 $346,800 $222,500 $124,300
2016 $3,145 $346,800 $222,500 $124,300
2015 $3,104 $346,800 $222,500 $124,300
2014 $3,059 $346,800 $222,500 $124,300
Source: Public Records

Agents Affiliated with this Home

  • Allyson Lang

    Seller's Agent in 2023

    Allyson Lang

    RE/MAX

    (609) 204-1344

    1 in this area

    89 Total Sales

    Allyson Lang
    Section Image
  • RONALD C GIFFORD JR.

    Seller's Agent in 2020

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    104 in this area

    115 Total Sales

    RONALD C GIFFORD JR.
    Section Image
  • Jason Frost

    Seller's Agent in 2017

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    141 in this area

    171 Total Sales

    Jason Frost
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2017

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    210 in this area

    315 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570111

South Jersey Shore Regional MLS

APN: 08-01403-0000-00016-0000-C2

New Jersey Cape May County Ocean City 08226

512 E 14th St Unit 2, Ocean City, NJ

This home is located at 512 E 14th St Unit 2, Ocean City, NJ 08226 since 11 January 2023 and is currently estimated at $708,230. This property was built in 1915. 512 E 14th St Unit 2 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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