NOT LISTED FOR SALE

5252 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,317,000

3 Beds
2 Baths
-- Sq Ft
0.69 Acres

Last Sold October 15, 2021

Last sale price $839,000

Est. 57% increase in value since last sale

Current estimated payment $8,299/month

Highlights

  • Living Room with Fireplace
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • 1 Car Attached Garage

About This Home

As of October 2021

Deep South End New Construction 1st Floor. Early fall 2021 completion. This luxurious ocean side retreat features 3 bedrooms, 2 bathrooms, beautiful hardwood floors. Full stainless appliance package in a custom gourmet kitchen featuring quartz counter tops and glass tile backsplash. There are high 10 ft. ceilings in the great room opening to a large front covered deck. The unit includes an attached garage, off street parking and rear deck. The building is constructed to the highest standards with all high quality maintenance free materials for lasting beauty and easy care. Contract now and you make selections and upgrades of flooring, counter tops, tile, paint, etc. Contact listing agent for plans and specs. upon request. Located very close to Ocean City's beautiful south end beaches. Includes full HOW Warranty.

Last Agent to Sell the Property

Rick Adams

MONIHAN REALTY Listed on: 01/07/2021

Co-Listed By

MARILYN BOOTH ADAMS

MONIHAN REALTY

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,834

Year Built

  • Built in 2021

Lot Details

  • 0.69

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,834

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 01/07/2021
  • Year Built: 2021
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One And Half Car

Utilities

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

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Dec 14, 2021
Sold by
Kellner Robert M and Kellner Denise M
Bought by
Serfass Patrick H and Pedley Alison L
Seller's Agent
Rick Adams
MONIHAN REALTY
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$825,000
Sold Price
$839,000
Premium/Discount to List
$14,000
1.7%
Current Estimated Value
$1,317,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,000
Original Mortgage
$784,000
Outstanding Balance
$721,074
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 7, 2021
Closed on
Oct 25, 2021
Sold by
Chase Jr Andrew B
Bought by
Kellner Robert M and Kellner Denise M
Seller's Agent
Rick Adams
MONIHAN REALTY
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$825,000
Sold Price
$839,000
Premium/Discount to List
$14,000
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Outstanding Balance
$721,074
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 7, 2021
Closed on
Oct 15, 2021
Sold by
Chase Andrew R
Bought by
Dececoo Jason G and Dececco Rachel B
Seller's Agent
Rick Adams
MONIHAN REALTY
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$825,000
Sold Price
$839,000
Premium/Discount to List
$14,000
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Outstanding Balance
$721,074
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 13, 2020
Sold by
Leefeldt Jean
Bought by
Chase Andrew B
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
Serfass Patrick H $999,999 None Available
Kellner Robert M $889,000 Surety Title
Dececoo Jason G $839,000 None Available
5252-54 Asbury Avenue Condominium -- Surety Title
Chase Andrew B $755,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serfass Patrick H $784,000
Previous Owner Kellner Robert M $711,200
Previous Owner 5252-54 Asbury Avenue Condominium $548,000
Closed Kellner Robert M $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $839,000 0.0% --
03/03/2021 03/03/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $839,000 -2.3% --
01/18/2021 01/18/21 Price Changed $859,000 +2.9% --
01/14/2021 01/14/21 Price Changed $835,000 +1.2% --
01/11/2021 01/11/21 For Sale $825,000 0.0% --
01/11/2021 01/11/21 Price Changed $825,000 -1.7% --
01/10/2021 01/10/21 Off Market $839,000 -- --
01/07/2021 01/07/21 For Sale $799,000 -- --
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
2022 $5,834 $567,000 $567,000 $0
2021 $5,698 $567,000 $567,000 $0
2020 $5,784 $591,400 $567,000 $24,400
2019 $5,719 $591,400 $567,000 $24,400
2018 $5,666 $591,400 $567,000 $24,400
2017 $5,577 $591,400 $567,000 $24,400
2016 $5,364 $591,400 $567,000 $24,400
2015 $5,293 $591,400 $567,000 $24,400
2014 $5,216 $591,400 $567,000 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 545964

South Jersey Shore Regional MLS

APN: 08-05203-0000-00026