NOT LISTED FOR SALE

900 Wesley Ave Unit 109 Ocean City, NJ 08226

Estimated Value: $252,000 - $271,000

-- Bed
1 Bath
352 Sq Ft
0.55 Acres

Last Sold August 24, 2022

Last sale price $190,000 $540 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,443/month

Highlights

  • Deck
  • Furnished
  • Community Pool
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to North Street Playground

About This Home

As of August 2022

This beautiful condo is located directly on the corner of 9th and Wesley Avenue. Two short blocks from the center of the boardwalk and the 9th & 10th St. beaches. Perfect location, EVERYTHING within walking distance! This unit sleeps 4 people on two queen sized beds. This is a 1st floor unit located in a quiet corner of the complex. No stairs required. Perfect for families with young children or guests with climbing difficulties. The condo has generated over $16K in rentals for the last three years. Many tenant come back every year ensuring consistent rentals year after year

Last Agent to Sell the Property

Mike Devlin

BERGER REALTY-Main License #1536274 Listed on: 06/10/2022

Last Buyer's Agent

Mike Devlin

BERGER REALTY-Main License #1536274 Listed on: 06/10/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $868

Lot Details

  • 0.55

Home Design

  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Furnished
  • Blinds
  • Microwave

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include amenities, insurance, management, sewer, trash, water, hot water, cable, pool
  • Sun Beach Condos

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$868

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Common Area Features: Deck/Porch, Laundromat On Site, Pool

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Management, Sewer, Trash, Water, Hot Water, Cable, Pool
  • Condo Name: Sun Beach
  • Management: Association

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 24, 2022
Sold by
Thomas Adler
Bought by
Nestico Brittany and Nestico Marziale M
Seller's Agent
Mike Devlin
BERGER REALTY-Main
Buyer's Agent
Mike Devlin
BERGER REALTY-Main
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$261,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,813
Avg. Annual Appreciation
10.61%
Original Mortgage
$142,500
Outstanding Balance
$136,237
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$125,576

Purchase Details

Listed on
Jul 29, 2019
Closed on
Dec 20, 2019
Sold by
Wallace William M
Bought by
Adler Thomas
Seller's Agent
Mike Devlin
BERGER REALTY-Main
Buyer's Agent
Mike Devlin
BERGER REALTY-Main
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.46%

Purchase Details

Closed on
Apr 26, 2012
Sold by
Mccarthy Patricia E
Bought by
Wallace William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Latta Financial Development Inc
Bought by
Mccarthy Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
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
Nestico Brittany $190,000 --
Nestico Brittany $190,000 None Listed On Document
Adler Thomas $108,000 Misc Company
Wallace William M $132,900 North American Title Agency
Mccarthy Patricia E $187,500 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nestico Brittany $142,500
Closed Nestico Brittany $142,500
Previous Owner Wallace William M $87,900
Previous Owner Mccarthy Patricia E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Sold $190,000 -5.0% $540 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $199,900 +85.1% $568 / Sq Ft
12/20/2019 12/20/19 Sold $108,000 -9.9% $307 / Sq Ft View Prior Sale
11/18/2019 11/18/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $119,900 -- $341 / Sq Ft
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 $868 $77,400 $38,100 $39,300
2024 $868 $77,400 $38,100 $39,300
2023 $829 $77,400 $38,100 $39,300
2022 $796 $77,400 $38,100 $39,300
2021 $577 $77,400 $38,100 $39,300
2020 $757 $77,400 $38,100 $39,300
2019 $748 $77,400 $38,100 $39,300
2018 $741 $77,400 $38,100 $39,300
2017 $730 $77,400 $38,100 $39,300
2016 $702 $77,400 $38,100 $39,300
2015 $693 $77,400 $38,100 $39,300
2014 $683 $77,400 $38,100 $39,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Devlin

    BERGER REALTY-Main

    (609) 306-3730

    10 in this area

    10 Total Sales

    Mike Devlin
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 563934

South Jersey Shore Regional MLS

APN: 08-00903-0000-00015-0000-C109

New Jersey Cape May County Ocean City 08226

900 Wesley Ave Unit 109, Ocean City, NJ

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