NOT LISTED FOR SALE

925 Central Ave Unit 3 Ocean City, NJ 08226

Estimated Value: $583,798 - $665,000

2 Beds
1.5 Baths
1,066 Sq Ft
4,051 Sq Ft Lot

Last Sold November 28, 2022

Last sale price $478,263 $449 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,720/month

6 Days on Market

Highlights

  • End Unit
  • Furnished
  • Laundry Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to Ocean City Recreation Department

About This Home

As of November 2022

This large 2 bed, 1.5 bath condo is just steps to the beach, boardwalk and downtown Asbury. This condo has a front and back entrance, gas heat, central A/C. One of four in the building. There are no condo fees, you have a dedicated parking spot, outside shower. This building is pet friendly. Fall 2021 kitchen was renovated. Recent property improvements include brick re-pointing in 2020, new decks 2020, new exterior lighting in 2021, new exterior painting 2021. Sold fully furnisher minus a few personal exclusions. Excellent rental history, should you decide to rent. Each owner contributes approximately $2000 per year for their share of master building hazard, liability and flood insurance. All common expenses are shared 25% to each unit owner after agreed upon mutually.

Last Agent to Sell the Property

MICHELLE ROBB

FOX REAL ESTATE-Brighton Listed on: 11/04/2022

Last Buyer's Agent

Brian Logue

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1925

Lot Details

  • 4,051

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • End Unit
  • Ground Level Unit

Community Details

Overview

  • Central Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,002

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Curtains, Furnished, Rugs
  • Lvt Date: 11/04/2022
  • Year Built: 1925
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Laundry/Utility Room

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Condo Name: Central Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 18, 2022
Sold by
Taney Sheila
Bought by
Monteleone Keith
Seller's Agent
MICHELLE ROBB
FOX REAL ESTATE-Brighton
Buyer's Agent
Brian Logue
BHHS FOX and ROACH-Simpson OC
List Price
$459,000
Sold Price
$478,263
Premium/Discount to List
$19,263
4.2%
Views
16
Current Estimated Value
$638,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,937
Avg. Annual Appreciation
11.06%
Original Mortgage
$346,500
Outstanding Balance
$336,447
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$301,753

Purchase Details

Closed on
May 3, 2022
Sold by
Taney Jr Francis X
Bought by
Taney Sheila

Purchase Details

Closed on
Apr 12, 2002
Sold by
Nicholls Tim
Bought by
Taney Francis X and Taney Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.85%
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
Monteleone Keith $478,263 --
Taney Sheila -- Gitter Alexandra J
Taney Francis X $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteleone Keith $346,500
Previous Owner Taney Francis X $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $478,263 +4.2% $449 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $459,000 -- $431 / 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 $3,002 $267,600 $120,700 $146,900
2024 $3,002 $267,600 $120,700 $146,900
2023 $2,866 $267,600 $120,700 $146,900
2022 $2,533 $246,200 $120,700 $125,500
2021 $1,837 $246,200 $120,700 $125,500
2020 $2,408 $246,200 $120,700 $125,500
2019 $2,381 $246,200 $120,700 $125,500
2018 $2,359 $246,200 $120,700 $125,500
2017 $2,322 $246,200 $120,700 $125,500
2016 $2,233 $246,200 $120,700 $125,500
2015 $2,203 $246,200 $120,700 $125,500
2014 $2,171 $246,200 $120,700 $125,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MICHELLE ROBB

    FOX REAL ESTATE-Brighton

    (609) 464-0476

    3 in this area

    4 Total Sales

    MICHELLE ROBB
    Section Image
  • Brian Logue

    Buyer's Agent in 2022

    Brian Logue

    BHHS Fox & Roach

    (609) 827-0820

    120 in this area

    205 Total Sales

    Brian Logue
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568713

South Jersey Shore Regional MLS

APN: 08-00903-0000-00007-0000-C3

New Jersey Cape May County Ocean City 08226

925 Central Ave Unit 3, Ocean City, NJ

This home is located at 925 Central Ave Unit 3, Ocean City, NJ 08226 since 04 November 2022 and is currently estimated at $638,200, approximately $598 per square foot. This property was built in 1925. 925 Central Ave Unit 3 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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