NOT LISTED FOR SALE

621 Ocean Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,043,611 - $1,250,000

4 Beds
2.5 Baths
-- Sq Ft
1,786 Sq Ft Lot

Last Sold May 06, 2016

Last sale price $520,000

Est. 122% increase in value since last sale

Current estimated payment $6,503/month

109 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Main Floor Primary Bedroom
  • 4-minute walk to Veterans Memorial Park

About This Home

As of May 2016

An Ocean City Best Buy! 621 Ocean Ave Features- A very open & spacious floor plan, w/dining area, living room w/fireplace, 4 Spacious Bedrooms, 2.5 bathrooms, PLUS an additional family room/sitting room (or poss. 5th Bedroom)hardwood & ceramic floors, gas fireplace, gas ht & central air, vinyl siding & composite decking on the large front deck. The location is perfect. Walking distance to the Beach, Boardwalk, NEW Skate Park, downtown shopping & restaurant's and so much more, you will not need your car! Also for you investors, this property has an impressive rental history(4,000+ peak weeks). If your shopping for VALUE put 621 Ocean Ave On your short list!

Last Agent to Sell the Property

Kevin Decosta

BHHS FOX and ROACH-109 34th OC Listed on: 12/14/2015

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

JOHN LAROSA

Fox Real Estate-Ocean License #9486162

Property Details

Home Type

  • Condominium

Lot Details

  • 1,786

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
May 6, 2016
Sold by
Straub Paul J and Straub Patricia Dewall
Bought by
Rapp George A and Rapp Terri Atkins
Seller's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
JOHN LAROSA
Fox Real Estate-Ocean
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$1,153,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,153
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Apr 3, 2009
Sold by
Rogers Charles and Rogers Sally
Bought by
Straub Paul J and Straub Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Marcoline Joseph F and Marcoline Mary Beth
Bought by
Rogers Charles and Rogers Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,625
Interest Rate
6.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 16, 2004
Sold by
Avino Manuel
Bought by
Avino Manuel and Avino Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,625
Interest Rate
6.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 5, 2004
Sold by
Barbera Eric M
Bought by
Avino Maunel and Marcoline Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2002
Sold by
Mazz Mark J
Bought by
Augsberger Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Christ'S Home Inc
Bought by
Mazz Mark J and Mazz Marsha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rapp George A $520,000 Surety Title Company
Straub Paul J $525,000 Fidelity Natl Title Ins Co
Rogers Charles $567,500 The Title Company Of Jersey
Avino Manuel $211,000 --
Avino Maunel $390,000 --
Avino Manuel $390,000 --
Marcoline Joseph F $420,000 --
Avino Manuel $390,000 The Title Company Of Jersey
Avino Manuel $390,000 The Title Company Of Jersey
Marcoline Joseph F $420,000 The Title Company Of Jersey
Augsberger Edward J $407,000 --
Mazz Mark J $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Straub Paul J $393,750
Previous Owner Rogers Charles $425,625
Previous Owner Marcoline Joseph F $336,000
Previous Owner Avino Manuel $312,000
Previous Owner Augsberger Edward J $191,000
Previous Owner Mazz Mark J $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $520,000 0.0% --
04/01/2016 04/01/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $520,000 -- --
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 $5,248 $467,700 $139,800 $327,900
2024 $5,248 $467,700 $139,800 $327,900
2023 $5,009 $467,700 $139,800 $327,900
2022 $4,813 $467,700 $139,800 $327,900
2021 $4,523 $467,700 $139,800 $327,900
2020 $4,574 $467,700 $139,800 $327,900
2019 $4,523 $467,700 $139,800 $327,900
2018 $4,481 $467,700 $139,800 $327,900
2017 $4,410 $467,700 $139,800 $327,900
2016 $4,242 $467,700 $139,800 $327,900
2015 $4,186 $467,700 $139,800 $327,900
2014 $4,125 $467,700 $139,800 $327,900
Source: Public Records

Agents Affiliated with this Home

  • Kevin Decosta

    Seller's Agent in 2016

    Kevin Decosta

    BHHS Fox & Roach

    (609) 602-2627

    75 in this area

    85 Total Sales

    Kevin Decosta
    Section Image

  • J

    Buyer's Agent in 2016

    JOHN LAROSA

    Fox Real Estate-Ocean

    JOHN LAROSA
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 459605

South Jersey Shore Regional MLS

APN: 08-00601-0000-00006-0000-C1

New Jersey Cape May County Ocean City 08226

621 Ocean Ave Unit 1, Ocean City, NJ

Not Listed for Sale

Condos

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