NOT LISTED FOR SALE

900 Wesley Ave Unit 221 Ocean City, NJ 08226

Estimated Value: $293,000 - $395,000

1 Bed
1 Bath
-- Sq Ft
0.55 Acres

Last Sold June 08, 2015

Last sale price $155,000

Est. 114% increase in value since last sale

Current estimated payment $1,848/month

108 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • End Unit
  • Ocean City Primary School Rated A
  • Main Floor Bedroom
  • 1-minute walk to North Street Playground

About This Home

As of June 2015

This immaculate one bedroom condo is an end unit overlooking the outdoor heated pool. It is conveniently located in the heart of OC, 2.5 blocks away from the beach/boardwalk. Condo fees include: water, sewer, maintenance, amenities, insurance, trash collection, snow removal, heated pool, cable tv and WIFI. You're also guaranteed a parking spot. Sleeps 8 people. Reward yourself a getaway retreat in Ocean City, where the beaches are rated #1 in the state, or make a profit renting...Either way, you win!

Last Buyer's Agent

CAROLE LELLI

BERGER REALTY-A License #0447859

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,364

Lot Details

  • 0.55

Home Design

  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Pool Views

Kitchen

  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Sun Beach Condos

Amenities

  • Building Patio
  • Laundry Facilities

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,364

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Disposal, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Bedroom 1: On Level: Main
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Common Area Features: Deck/Porch, Laundromat On Site, Outside Shower, Patio, Pool

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Sun Beach

Lot Info

  • Location: Corner, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jun 8, 2015
Sold by
Derose Dean T and Derose Joanne D
Bought by
Pappas William P and Pappas Jilla A
Buyer's Agent
CAROLE LELLI
BERGER REALTY-A
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$331,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,208
Avg. Annual Appreciation
7.58%
Original Mortgage
$116,250
Outstanding Balance
$89,716
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$241,492

Purchase Details

Closed on
May 26, 2006
Sold by
Latta Financial Development Inc
Bought by
Derose Dean T and Derose Joanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Pappas William P $155,000 Surety Title Company
Derose Dean T $309,900 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappas William P $116,250
Previous Owner Derose Dean T $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2015 06/08/15 Sold $155,000 0.0% --
04/20/2015 04/20/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $155,000 -- --
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 $1,364 $121,600 $48,800 $72,800
2024 $1,364 $121,600 $48,800 $72,800
2023 $1,302 $121,600 $48,800 $72,800
2022 $1,251 $121,600 $48,800 $72,800
2021 $907 $121,600 $48,800 $72,800
2020 $1,189 $121,600 $48,800 $72,800
2019 $1,176 $121,600 $48,800 $72,800
2018 $1,165 $121,600 $48,800 $72,800
2017 $1,147 $121,600 $48,800 $72,800
2016 $1,103 $121,600 $48,800 $72,800
2015 $959 $107,100 $48,800 $58,300
2014 -- $107,100 $48,800 $58,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2015

    CAROLE LELLI

    BERGER REALTY-A

    (609) 412-1340

    4 in this area

    4 Total Sales

    CAROLE LELLI
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 440792

South Jersey Shore Regional MLS

APN: 08-00903-0000-00015-0000-C221

New Jersey Cape May County Ocean City 08226

900 Wesley Ave Unit 221, Ocean City, NJ

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