$335,000
SOLD DEC 6, 2019

Ocean Colony 935 Ocean Ave Unit 416 Ocean City, NJ 08226

2 Beds
2 Baths
1,166 Sq Ft
2.99 Acres

Recently Sold

$287 Per Sq Ft

7% Below List Price

162 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Sauna
  • 3-minute walk to North Street Playground

About This Home

As of August 2021

Upgraded 2BR/2BA unit. Beautiful kitchen with upgraded cabinets/appliances and ceramic tile back-splash. Both baths are done in beautiful tile (including the walls). The very spacious floor plan (one of the larger two bedrooms in the building) is beautifully decorated and offers tons of closet space and includes all furnishings. Amenities include heated pool, game room, fitness center, community room, sports deck and great boardwalk location.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 05/07/2019

Last Buyer's Agent

CHARLES (BUD) RINCK

FOX REAL ESTATE-Asbury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,886

Parking

  • 1 Parking Space

Interior Spaces

  • Furnished
  • Blinds
  • Entrance Foyer
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, pool
  • Ocean Colony Condos
  • 6-Story Property

Amenities

  • Building Patio
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Community Playground
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,886

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 05/07/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Patio, Playground, Pool, Sauna, Security, Storage Facility

Exterior Features

  • Siding Exterior: Masonry/Block

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Ocean Colony
  • Management: On-Site Professionals

Lot Info

  • Location: Boardwalk Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 14, 2021
Sold by
Spica Joseph D and Spica Judy V
Bought by
Smyth Charles J and Smyth Eileen V
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
CHRISTINE ECKER MASKER
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$559,900
Sold Price
$550,000
Premium/Discount to List
-$9,900
-1.77%
Current Estimated Value
$757,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,484
Avg. Annual Appreciation
7.62%
Original Mortgage
$200,000
Outstanding Balance
$182,645
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$559,537

Purchase Details

Listed on
Dec 1, 2014
Closed on
Apr 17, 2015
Sold by
Segal Howard B and Segal Mindee J
Bought by
Bird Brandon W and Bird Michael Ann
Seller's Agent
Judith Wolfson
NEW ERA REAL ESTATE-B
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$292,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2011
Sold by
Kaufman Michael and Kaufman Ilene
Bought by
Segal Howard B and Segal Mindee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Mcnamara Dorothy D
Bought by
Kaufman Michael and Kaufman Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $550,000 Infinity Title
Bargain Sale Deed $390,000 Freedom Title & Abstract Co
Deed $437,500 None Available
Deed $475,000 Ocean Abstract Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Purchase Money Mortgage
Previous Owner $292,500 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $324,000 Purchase Money Mortgage
Previous Owner $202,800 Unknown
Previous Owner $90,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $550,000 -1.8% $472 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $559,900 +67.1% $480 / Sq Ft
12/06/2019 12/06/19 Sold $335,000 -6.7% $287 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $358,900 -8.0% $308 / Sq Ft
04/17/2015 04/17/15 Sold $390,000 0.0% $334 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $390,000 -- $334 / 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 $4,886 $435,500 $208,800 $226,700
2024 $4,886 $435,500 $208,800 $226,700
2023 $4,664 $435,500 $208,800 $226,700
2022 $4,481 $435,500 $208,800 $226,700
2021 $2,782 $372,900 $208,800 $164,100
2020 $3,647 $372,900 $208,800 $164,100
2019 $3,606 $372,900 $208,800 $164,100
2018 $3,572 $372,900 $208,800 $164,100
2017 $3,516 $372,900 $208,800 $164,100
2016 $3,382 $372,900 $208,800 $164,100
2015 $3,337 $372,900 $208,800 $164,100
2014 -- $372,900 $208,800 $164,100
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2021

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    177 in this area

    188 Total Sales

    Robert Gullo
    Section Image
  • CHRISTINE ECKER MASKER

    Buyer's Agent in 2021

    CHRISTINE ECKER MASKER

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 289-6676

    23 in this area

    102 Total Sales

    CHRISTINE ECKER MASKER
    Section Image
  • CHARLES (BUD) RINCK

    Buyer's Agent in 2019

    CHARLES (BUD) RINCK

    FOX REAL ESTATE-Asbury

    (609) 442-1291

    23 in this area

    44 Total Sales

    CHARLES (BUD) RINCK
    Section Image
  • Judith Wolfson

    Seller's Agent in 2015

    Judith Wolfson

    RE/MAX Platinum Properties

    (800) 339-5834

    1 Total Sale

    Judith Wolfson
    Section Image
  • Barbara Lipson

    Seller Co-Listing Agent in 2015

    Barbara Lipson

    RE/MAX Platinum Properties

    (609) 665-0317

    18 Total Sales

    Barbara Lipson
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2015

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    160 in this area

    511 Total Sales

    Jeff Quintin
    Section Image
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About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 521867

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C416

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 416, Ocean City, NJ

This home is located at 935 Ocean Ave Unit 416, Ocean City, NJ 08226 and is currently priced at $335,000, approximately $287 per square foot. 935 Ocean Ave Unit 416 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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