NOT LISTED FOR SALE

617 Wesley Ave Unit C Ocean City, NJ 08226

Estimated Value: $497,000 - $703,000

3 Beds
1 Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold June 13, 2019

Last sale price $255,000

Est. 135% increase in value since last sale

Current estimated payment $3,426/month

113 Days on Market

Highlights

  • Deck
  • Furnished
  • Baseboard Heating
  • Ocean City Primary School Rated A
  • Ceiling Fan
  • 2-minute walk to Veterans Memorial Park

About This Home

As of June 2019

Beautifully renovated spacious 3 Bedroom, 1 Bath 2nd floor condo within walking distance to Ocean City’s famous Beach and Boardwalk! Property features carpeted bedrooms, tiled kitchen, dining room and bathroom, ceiling fans throughout, spacious back deck and assigned parking spot. Perfect for a 2nd home or rental income investment. Being offered fully and beautifully furnished (minus personal items) with onsite laundry and additional storage.

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 01/22/2019

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1964

Lot Details

  • 3,485

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, sewer, water

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,968

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 01/22/2019
  • Year Built: 1964
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Common Area Features: Deck/Porch, Laundromat On Site, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Sewer, Water
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jun 13, 2019
Sold by
Biagi Ronaw and Biagi Gina
Bought by
Perry Joseph and Perry Angela
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%
Current Estimated Value
$598,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,608
Avg. Annual Appreciation
14.73%
Original Mortgage
$204,000
Outstanding Balance
$179,753
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$418,855

Purchase Details

Closed on
Jul 27, 2011
Sold by
Snyderman Spencer and Snyderman Anita
Bought by
Biagi Ronald and Biagi Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,150
Interest Rate
4.51%
Mortgage Type
Credit Line Revolving
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
Perry Joseph $255,000 --
Biagi Ronald $201,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Joseph $204,000
Previous Owner Biagi Ronald $185,000
Previous Owner Biagi Ronald $30,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $255,000 -5.5% --
05/15/2019 05/15/19 Pending -- -- --
05/06/2019 05/06/19 Price Changed $269,900 -5.3% --
02/26/2019 02/26/19 Price Changed $284,900 -5.0% --
01/22/2019 01/22/19 For Sale $299,900 -- --
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 $1,968 $175,400 $85,100 $90,300
2024 $1,968 $175,400 $85,100 $90,300
2023 $1,879 $175,400 $85,100 $90,300
2022 $1,805 $175,400 $85,100 $90,300
2021 $1,308 $175,400 $85,100 $90,300
2020 $1,715 $175,400 $85,100 $90,300
2019 $1,696 $175,400 $85,100 $90,300
2018 $1,680 $175,400 $85,100 $90,300
2017 $1,654 $175,400 $85,100 $90,300
2016 $1,591 $175,400 $85,100 $90,300
2015 $1,570 $175,400 $85,100 $90,300
2014 $1,547 $175,400 $85,100 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 516539

South Jersey Shore Regional MLS

APN: 08-00602-0000-00010-0000-C3