NOT LISTED FOR SALE

805 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $508,677 - $699,000

2 Beds
1 Bath
960 Sq Ft
$134/mo HOA Fee

Last Sold June 24, 2020

Last sale price $366,200 $381 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,633/month

5 Days on Market

Highlights

  • Island Location
  • Furnished
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to Ocean City Dog Park

About This Home

As of June 2020

This home is located at 805 Central Ave Unit 1, Ocean City, NJ 08226 since 29 May 2020 and is currently estimated at $597,169, approximately $622 per square foot. 805 Central Ave Unit 1 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.

Last Agent to Sell the Property

Colleen Dillon

COMPASS RE - Ocean City License #1863635 Listed on: 05/29/2020

COMPASS RE - Ocean City

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,968

Lot Details

  • 4,008

HOA Fees

  • $134 Monthly HOA Fees

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Pool

  • Outdoor Shower

Location

  • Ground Level Unit
  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 10 / 805

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,968

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Island
  • District Township: 08-Ocean City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 2
  • Second Address Number: 805
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 1st Floor
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 134.00
  • Unit Features: Kitchen Center Island, Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 10

Tax Info

  • Taxes: 2968
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 17, 2020
Sold by
Austin Daniel R and Austin Corinne E
Bought by
Dark Linda J
Seller's Agent
Colleen Dillon
COMPASS RE - Ocean City
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$365,000
Sold Price
$366,200
Premium/Discount to List
$1,200
0.33%
Current Estimated Value
$591,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,448
Avg. Annual Appreciation
9.94%
Original Mortgage
$153,000
Outstanding Balance
$136,815
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$458,608

Purchase Details

Closed on
Apr 20, 2018
Sold by
Malik Atul and Malik Richa
Bought by
Austin Daniel R and Austin Corinne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2013
Sold by
Gerald A Barrett Inc and Barrett Lillian Barbara
Bought by
Holly Realty Llc

Purchase Details

Closed on
Jul 18, 2013
Sold by
Kane Joan B
Bought by
Malik Atul and Malik Richa

Purchase Details

Closed on
Feb 28, 2006
Sold by
Ricci Ralph A and Ricci Patricia A
Bought by
Kane Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac
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
Dark Linda J $328,000 Freedom Title
Austin Daniel R $285,000 --
Holly Realty Llc $550,000 None Available
Malik Atul $275,000 Premier Title Company Llc
Kane Joan B $370,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dark Linda J $153,000
Previous Owner Austin Daniel R $256,500
Previous Owner Kane Joan B $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $366,200 +11.6% $381 / Sq Ft
06/19/2020 06/19/20 Sold $328,000 -2.1% $342 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/06/2020 06/06/20 Price Changed $335,000 -8.2% $349 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $365,000 +4.3% $380 / Sq Ft
04/10/2020 04/10/20 For Sale $349,900 -- $364 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $3,117 $277,800 $182,100 $95,700
2024 $3,117 $277,800 $182,100 $95,700
2023 $2,975 $277,800 $182,100 $95,700
2022 $2,859 $277,800 $182,100 $95,700
2021 $2,072 $277,800 $182,100 $95,700
2020 $2,717 $277,800 $182,100 $95,700
2019 $2,686 $277,800 $182,100 $95,700
2018 $2,661 $277,800 $182,100 $95,700
2017 $2,620 $277,800 $182,100 $95,700
2016 $2,520 $277,800 $182,100 $95,700
2015 $2,486 $277,800 $182,100 $95,700
2014 $2,450 $277,800 $182,100 $95,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Warren

    Seller's Agent in 2020

    Chris Warren

    BERGER REALTY-Main

    (609) 432-7694

    11 in this area

    15 Total Sales

    Section Image
  • Colleen Dillon

    Seller's Agent in 2020

    Colleen Dillon

    COMPASS RE - Ocean City

    (609) 425-0388

    1 Total Sale

    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    Non Member

  • Richard S Gisondi

    Buyer's Agent in 2020

    Richard S Gisondi

    RE/MAX PREFERRED - Sea Isle City

    (215) 822-8200

    124 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201765

Cape May County Association of REALTORS®

APN: 08-00805-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

805 Central Ave Unit 1, Ocean City, NJ

This home is located at 805 Central Ave Unit 1, Ocean City, NJ 08226 since 29 May 2020 and is currently estimated at $597,169, approximately $622 per square foot. 805 Central Ave Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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