NOT LISTED FOR SALE

829A E 4th St Unit A - West Side Ocean City, NJ 08226

Estimated Value: $485,802 - $618,000

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $422,000

Est. 29% increase in value since last sale

Current estimated payment $3,165/month

7 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Ground Level Unit
  • 4-minute walk to Lake Memorial Park
  • Ocean City Primary School Rated A
  • Forced Air Heating System

About This Home

As of May 2022

Beachblock 1st Flr Condo with 2 bedrooms and 1 bathroom in the heart of the Northend. This renovated unit has just enough space with updated stainless steel appliances in the kitchen and tile floors throughout the main living area with carpet in both bedrooms. Other features include 1 off street parking space, washer/ dryer, maintenance free vinyl siding and tankless hot water heater. All this within close proximity to the Northend Beaches and Boardwalk.

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC License #0341733 Listed on: 03/22/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Jason Frost

BHHS FOX and ROACH-Simpson OC License #0341733 Listed on: 03/22/2022

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 1918

Lot Details

  • 4,008

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 3-Story Property
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Overview

  • Corinthian Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,182

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 03/25/2022
  • Year Built: 1918
  • 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, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Condo Name: Corinthian

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 13, 2022
Sold by
Allegretti Theresa S
Bought by
Sipe Timothy Lawrence and Sipe Alison Lee
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
List Price
$399,000
Sold Price
$422,000
Premium/Discount to List
$23,000
5.76%
Total Days on Market
7
Current Estimated Value
$546,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,451
Avg. Annual Appreciation
9.39%
Original Mortgage
$379,800
Outstanding Balance
$363,503
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$193,297

Purchase Details

Closed on
May 16, 2012
Sold by
Allegretti Jeffrey J and Allegretti Theresa S
Bought by
Costas John and Costas Soultana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2009
Sold by
Allegretti Jeffery J and Allegretti Theresa S
Bought by
Allegretti Jeffery J and Allegretti Theresa S

Purchase Details

Closed on
May 5, 2006
Sold by
Neri Anthony P and Neri Carol
Bought by
Allegretti Jeffrey J and Allegretti Theresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 1997
Sold by
Ford Cons Fin Corp
Bought by
Allegretti Jeffrey J and Allegretti Theresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.79%
Source: Public Records

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Range of Values:

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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
Sipe Timothy Lawrence $422,000 Freedom Title
Costas John $383,000 Foundation Title Llc
Allegretti Jeffery J -- Shore Title
Allegretti Jeffrey J $290,000 Shore Title Agency Inc
Allegretti Jeffrey J $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipe Timothy Lawrence $379,800
Previous Owner Costas John $306,400
Previous Owner Allegretti Jeffrey J $145,000
Previous Owner Allegretti Jeffrey J $290,000
Previous Owner Allegretti Jeffrey J $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $422,000 +5.8% --
03/29/2022 03/29/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $399,000 -- --
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
2024 $3,182 $283,600 $183,200 $100,400
2023 $3,037 $283,600 $183,200 $100,400
2022 $2,746 $266,900 $183,200 $83,700
2021 $2,682 $266,900 $183,200 $83,700
2020 $2,610 $266,900 $183,200 $83,700
2019 $2,581 $266,900 $183,200 $83,700
2018 $2,557 $266,900 $183,200 $83,700
2017 $2,517 $266,900 $183,200 $83,700
2016 $2,421 $266,900 $183,200 $83,700
2015 $2,389 $266,900 $183,200 $83,700
2014 $2,354 $266,900 $183,200 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561070

South Jersey Shore Regional MLS

APN: 08-00303-0000-00043-0000-C829A