NOT LISTED FOR SALE

612 Ocean Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $780,143 - $1,003,000

3 Beds
2 Baths
-- Sq Ft
5,053 Sq Ft Lot

Last Sold April 30, 2015

Last sale price $445,000

Est. 103% increase in value since last sale

Current estimated payment $5,240/month

85 Days on Market

Highlights

  • Deck
  • Furnished
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 2-minute walk to Veterans Memorial Park

About This Home

As of April 2015

Very nice and clean first floor on an over-sized 37 x 135 lot, huge 3 bedrooms, 2 baths, gas heat, central air, gas fireplace, large living, dining area, upgraded kitchen with all newer appliances, granite countertops, and huge wraparound front porch. Property is being sold fully furnished and equipped, excellent rental history with weeks already booked for 2015. Garage, plenty of storage and tons of off street parking. Very convenient location and motivated seller.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 12/12/2014

Last Buyer's Agent

JOHN DALEY

FOX REAL ESTATE-Asbury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,291

Lot Details

  • 5,053

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,291

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch

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: Fireplace(s), Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2014
Closed on
Apr 30, 2015
Sold by
Chiorello Jerry and Chiorello Mary Elizabeth
Bought by
Berdel Joseph and Berdel Deborah J
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
JOHN DALEY
FOX REAL ESTATE-Asbury
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$903,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,036
Avg. Annual Appreciation
7.31%
Original Mortgage
$356,000
Outstanding Balance
$275,140
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$650,217

Purchase Details

Closed on
Jun 9, 1995
Sold by
Hauber George H
Bought by
Chidrello Jerry and Childrello Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

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Average Value
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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
Berdel Joseph $445,000 Attorney
Chidrello Jerry $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berdel Joseph $356,000
Previous Owner Chiorello Jerry A $25,000
Previous Owner Chiorello Mary Elizabeth $195,000
Previous Owner Chidrello Jerry $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $445,000 0.0% --
03/07/2015 03/07/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $445,000 -- --
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 $4,291 $382,400 $197,000 $185,400
2024 $4,291 $382,400 $197,000 $185,400
2023 $4,096 $382,400 $197,000 $185,400
2022 $3,935 $382,400 $197,000 $185,400
2021 $2,853 $382,400 $197,000 $185,400
2020 $3,740 $382,400 $197,000 $185,400
2019 $3,698 $382,400 $197,000 $185,400
2018 $3,663 $382,400 $197,000 $185,400
2017 $3,606 $382,400 $197,000 $185,400
2016 $3,468 $382,400 $197,000 $185,400
2015 $3,422 $382,400 $197,000 $185,400
2014 $3,373 $382,400 $197,000 $185,400
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2015

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    160 in this area

    515 Total Sales

    Jeff Quintin
    Section Image
  • JOHN DALEY

    Buyer's Agent in 2015

    JOHN DALEY

    FOX REAL ESTATE-Asbury

    (609) 425-8548

    29 in this area

    38 Total Sales

    JOHN DALEY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 442090

South Jersey Shore Regional MLS

APN: 08-00602-0000-00020-0000-C1

New Jersey Cape May County Ocean City 08226

612 Ocean Ave Unit 1st Floor, Ocean City, NJ

This home is located at 612 Ocean Ave Unit 1st Floor, Ocean City, NJ 08226 since 12 December 2014 and is currently estimated at $903,036. 612 Ocean 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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