NOT LISTED FOR SALE

917 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $886,000 - $1,362,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $999,900

Est. 10% increase in value since last sale

Current estimated payment $6,491/month

2 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Breakfast Area or Nook
  • 1-minute walk to Ocean City Recreation Department

About This Home

As of October 2023

Located downtown in walking distance to shops and restaurants, this charming first floor unit features 4 bedrooms, 2 baths, gas heat, central air, hardwood floors, granite counter tops, and stainless steel appliances. Plenty of storage with interior entrance to the garage from first floor and enclosed outside shower.

Last Agent to Sell the Property

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0457059 Listed on: 09/09/2023

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Amy Reuter

BHHS FOX and ROACH-Washington-Gloucester License #1433577

BHHS FOX and ROACH-Washington-Gloucester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,681

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,681

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 09/09/2023
  • Age: 11 To 15 Years
  • 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: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Breakfast Nook, Dining Area, Laundry/Utility Room, Pantry
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Nov 3, 2023
Sold by
Mcdowell Sarah L
Bought by
Zerbe Robert and Zerbe Linda
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Amy Reuter
BHHS FOX and ROACH-Washington-Gloucester
List Price
$999,900
Sold Price
$999,900
Views
55
Current Estimated Value
$1,099,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,258
Avg. Annual Appreciation
7.20%
Original Mortgage
$599,940
Outstanding Balance
$574,836
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$556,875

Purchase Details

Closed on
Oct 30, 2017
Sold by
Ackerman Herry and Ackerman Kimberly
Bought by
Mcdowell Sarah L

Purchase Details

Closed on
Sep 29, 2014
Sold by
Mooney James and Mooney Christine
Bought by
Ackerman Henry and Ackerman Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2012
Sold by
Hq Investments Llc
Bought by
Mooney James and Mooney Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,900
Interest Rate
3.25%
Mortgage Type
New Conventional
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
Zerbe Robert $999,900 Freedom Title
Mcdowell Sarah L $615,000 The Title Company Of Jersey
Ackerman Henry $545,000 Beacon Title Svcs Agency Inc
Mooney James $515,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zerbe Robert $599,940
Previous Owner Ackerman Henry $345,000
Previous Owner Mooney James $308,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $999,900 0.0% --
09/11/2023 09/11/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $999,900 -- --
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 $5,681 $506,300 $241,400 $264,900
2024 $5,681 $506,300 $241,400 $264,900
2023 $5,422 $506,300 $241,400 $264,900
2022 $5,210 $506,300 $241,400 $264,900
2021 $3,777 $506,300 $241,400 $264,900
2020 $4,952 $506,300 $241,400 $264,900
2019 $4,896 $506,300 $241,400 $264,900
2018 $4,850 $506,300 $241,400 $264,900
2017 $4,774 $506,300 $241,400 $264,900
2016 $4,592 $506,300 $241,400 $264,900
2015 $4,531 $506,300 $241,400 $264,900
2014 $4,466 $506,300 $241,400 $264,900
Source: Public Records

Agents Affiliated with this Home

  • Peter Madden

    Seller's Agent in 2023

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    132 in this area

    155 Total Sales

    Section Image
  • Amy Reuter

    Buyer's Agent in 2023

    Amy Reuter

    BHHS Fox & Roach

    (856) 229-2473

    6 in this area

    112 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577605

South Jersey Shore Regional MLS

APN: 08-00903-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

917 Central Ave Unit 1, Ocean City, NJ

This home is located at 917 Central Ave Unit 1, Ocean City, NJ 08226 since 09 September 2023 and is currently estimated at $1,131,711. 917 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.

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