NOT LISTED FOR SALE

701 Atlantic Ave Unit 205 Ocean City, NJ 08226

Estimated Value: $259,000 - $457,000

1 Bed
1 Bath
-- Sq Ft
6,490 Sq Ft Lot

Last Sold January 24, 2019

Last sale price $199,000

Est. 76% increase in value since last sale

Current estimated payment $1,962/month

14 Days on Market

Highlights

  • New Construction
  • Building is beachfront but unit may not have water views
  • End Unit
  • Ocean City Primary School Rated A
  • Deck
  • Ground Level Unit

About This Home

As of January 2019

Lovely, updated unit in Seascape. New flooring, new kitchen, beach block. Washer and dryer in the condo and the closet space is surprising. Park your car in your assigned space and walk to the beach or shop on Asbury Avenue. Relax on the sundeck with a good book and enjoy the ocean breeze. This unit has not been rented and in great condition. Make this your own private get away or investment property.

Last Agent to Sell the Property

Gloria Votta

BHHS FOX and ROACH-Simpson OC Listed on: 11/07/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

DAVID HADTKE

BERGER REALTY-A

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,519

Lot Details

  • Building is beachfront but unit may not have water views
  • End Unit

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Drapes & Rods

Kitchen

  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, maintenance, sewer, trash, water
  • Seascape Condos

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,519

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Curtains, Partially Furnished
  • Lvt Date: 11/07/2018
  • New Construction: Yes
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Deck/Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Sewer, Trash, Water
  • Condo Name: Seascape
  • Management: Association

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Planer John and Planer Lynn M
Bought by
Johnson Joshua and Johnson Lynette
Current Estimated Value
$350,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$184,359
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$166,103

Purchase Details

Closed on
Jun 27, 2003
Sold by
Riess Anthony M
Bought by
Kusy Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.46%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Carpino Frank J
Bought by
Riess Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,995
Interest Rate
6.34%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Wilent Robert Lorraine
Bought by
Carpino Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 28, 1997
Sold by
Prasell Develop Co
Bought by
Wilent Robert
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
Johnson Joshua $285,000 Global Title
Kusy Janice M $155,000 --
Riess Anthony M $119,995 --
Carpino Frank J $51,000 --
Wilent Robert $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Joshua $185,000
Previous Owner Kusy Janice M $115,000
Previous Owner Riess Anthony M $113,995
Previous Owner Carpino Frank J $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $199,000 -2.9% --
11/21/2018 11/21/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $205,000 -- --
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 $1,519 $135,400 $69,300 $66,100
2024 $1,519 $135,400 $69,300 $66,100
2023 $1,450 $135,400 $69,300 $66,100
2022 $1,393 $135,400 $69,300 $66,100
2021 $1,010 $135,400 $69,300 $66,100
2020 $1,324 $135,400 $69,300 $66,100
2019 $1,309 $135,400 $69,300 $66,100
2018 $1,297 $135,400 $69,300 $66,100
2017 $1,277 $135,400 $69,300 $66,100
2016 $1,228 $135,400 $69,300 $66,100
2015 $1,212 $135,400 $69,300 $66,100
2014 $1,194 $135,400 $69,300 $66,100
Source: Public Records

Agents Affiliated with this Home

  • Gloria Votta

    Seller's Agent in 2019

    Gloria Votta

    BHHS Fox & Roach

    (609) 425-6614

    24 in this area

    32 Total Sales

    Gloria Votta
    Section Image
  • DAVID HADTKE

    Buyer's Agent in 2019

    DAVID HADTKE

    BERGER REALTY-A

    (609) 412-6592

    8 in this area

    10 Total Sales

    DAVID HADTKE
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 513774

South Jersey Shore Regional MLS

APN: 08-00701-0000-00001-0000-C205

New Jersey Cape May County Ocean City 08226

701 Atlantic Ave Unit 205, Ocean City, NJ

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