NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 418 Ocean City, NJ 08226

Estimated Value: $606,178 - $719,000

2 Beds
2 Baths
-- Sq Ft
2.99 Acres

Last Sold September 27, 2019

Last sale price $340,000

Est. 94% increase in value since last sale

Current estimated payment $4,018/month

56 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 September 2019

Sunny south side 2BR/2BA unit located in Ocean City's premier boardwalk front building. This extra large condo has plenty of closet space updated Master bath and is sold furnished and equipped. Amenities include heated pool, game room, fitness center, community room, sports deck and great boardwalk location.

Last Listed By

Robert Gullo

Fox Real Estate-Ocean License #0233337 Listed on: 06/08/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,875

Year Built

  • 1977

Lot Details

  • 2.99

Parking

  • 1 Parking Space

Interior Spaces

  • Furnished
  • Blinds
  • Entrance Foyer
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • 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

  • 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

$3,875

Year Built

1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 06/08/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built (Public Record): 1977

Interior Features

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

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 31, 2013
Closed on
Sep 9, 2013
Sold by
Five Group Inc
Bought by
Detman Mildred and Croce Maryann
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$340,000
Sold Price
$340,000
Total Days on Market
56
Current Estimated Value
$660,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,045
Avg. Annual Appreciation
5.82%
Original Mortgage
$100,000
Outstanding Balance
$52,939
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$607,106

Purchase Details

Listed on
Jul 31, 2013
Closed on
Jul 24, 2013
Sold by
Tassone John D and Tassone Lisa M
Bought by
Five Group Inc
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$340,000
Sold Price
$340,000

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
Outstanding Balance
$52,939
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$607,106

Purchase Details

Closed on
Mar 26, 2012
Sold by
Long Joyce M
Bought by
Tassone John D and Tassone Lisa M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Ocean City, NJ

  • 5013 West Ave Unit 1, Ocean City, NJ 08226

    $749,900

    • 3 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 5013 West Ave
    • Unit 1
    • Ocean City, NJ

    Elevate your Expectations with this spacious, yet cozy first floor condo, just steps to the beach in the Southend of Ocean City. Situated on an oversized lot providing more light and air this property offers you the convenience of location, with close proximity to the beach, 34th St or 55th St activities. Newer split system heat and air, hot water heater, stove and kitchen counters all three

    James Marshall COMPASS RE - Ocean City

    Section Image
  • 5013 West Ave, Ocean City, NJ 08226

    $749,900

    • 3 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 5013 West Ave
    • Ocean City, NJ

    Elevate your Expectations with this spacious, yet cozy first floor condo, just steps to the beach in the Southend of Ocean City. Situated on an oversized lot providing more light and air this property offers you the convenience of location, with close proximity to the beach, 34th St or 55th St activities. Newer split system heat and air, hot water heater, stove and kitchen counters all three

    James Marshall Compass New Jersey, LLC - Ocean City

    Section Image
  • 935 Ocean Ave Unit 433, Ocean City, NJ 08226

    $529,900

    • 2 Beds
    • 1 Bath
    • 935 Ocean Ave
    • Unit 433
    • Ocean City, NJ

    Ocean Colony Ocean City’s premier ocean front building. This one-bedroom condo was renovated and magically transferred into a 1BR + den, the separate private den includes a closet. Why pay two-bedroom condo fees? Condo fees remain the same rate as a one bedroom. Condo comes fully furnished and equipped including all appliances even washer & dryer. Amenities include heated pool, game room,

    Robert Gullo Fox Real Estate-Ocean

    Section Image
  • 935 Ocean Ave Unit 326, Ocean City, NJ 08226

    $779,900

    • 3 Beds
    • 2 Baths
    • 935 Ocean Ave
    • Unit 326
    • Ocean City, NJ

    Rare end corner unit available at Ocean Colony. This unit (#326) was renovated and the reconfigured floor plan transformed it from a 2BR to 3BR/2BA unit with all three bedrooms leading to one of two huge outside balconies. Condo fees remain charged at the 2BR rate not the higher 3BR rate. Updated kitchen, large owner’s suite with beautiful tiled shower, guest bath with tiled tub surround. Ocean

    Robert Gullo Fox Real Estate-Ocean

    Section Image
  • 935 Ocean Ave Unit 701, Ocean City, NJ 08226

    $599,900

    • 2 Beds
    • 1 Bath
    • 935 Ocean Ave
    • Unit 701
    • Ocean City, NJ

    AVAILABLE FOR SHOWINGS! Rare Ocean Colony TOP (7TH) FLOOR UNIT WITH OCEAN TO BAY VIEWS! SEE THE LIGHTS OF ATLANTIC CITY AT NIGHT! This property was fully renovated and remodeled with Granite Counters, Carpet & Tile Floors, Fully Remodeled Bath! Heater less than 5 years old! This Property was converted with meticulous planning from one bedroom to two, with a larger second bedroom/den area than

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

    Section Image
  • 1001 Little Atlantic Ave Unit 373, Ocean City, NJ 08226

    $529,900

    • 2 Beds
    • 2 Baths
    • 1001 Little Atlantic Ave
    • Unit 373
    • Ocean City, NJ

    Beautiful 2BR/2BA at the Ebb Tide Suites Condominiums just a stone's throw from the famous Ocean City beach and boardwalk. Onsite rental program offers nightly rentals with daily housekeeping, linen service and pool access. Ebb Tide Suites offers a great rental stream for the astute investor. 2024 gross income exceeded 52K! Fully furnished, LVP flooring throughout, onsite parking, huge outside

    Robert Gullo Fox Real Estate-Ocean

    Section Image
  • 800 E 9th St Unit 102, Ocean City, NJ 08226

    $649,900

    • 2 Beds
    • 2 Baths
    • 800 E 9th St
    • Unit 102
    • Ocean City, NJ

    800 E 9th St #102 – Beach Block Gem! Welcome to your perfect shore retreat! This spacious 2-bedroom, 2-bathroom first-floor condo offers 1,080 sq/ft of comfortable living space in a prime beach block location—just steps from the beach and boardwalk. Enjoy modern conveniences with central air, gas heat, and ceiling fans throughout, ensuring comfort year-round. The open-concept living area

    ZACHERY FEINSTEIN Compass New Jersey-Ocean City

    Section Image
  • 719 E 11th St Unit Suite 206, Ocean City, NJ 08226

    $749,900

    • 2 Beds
    • 2 Baths
    • 719 E 11th St
    • Unit Suite 206
    • Ocean City, NJ

    The Promenade Suites are elegantly designed luxury suites located on the 3rd floor boardwalk front wing of the Flanders hotel. This 2BR/2BA suite includes Brazilian cherry hardwood floors, gas fireplace, Jacuzzi whirlpool tub, cherry cabinets, stainless steel state of the art appliances, granite countertops, marble bathroom floors, coffered ceilings and in unit washer & dryer. Includes exclusive

    Robert Gullo Fox Real Estate-Ocean

    Section Image

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
Detman Mildred $340,000 None Available
Five Group Inc $240,000 Surety Title Corporation
Tassone John D $357,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detman Mildred $100,000
Previous Owner Five Group Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $340,000 -4.5% --
08/03/2019 08/03/19 Pending -- -- --
06/08/2019 06/08/19 For Sale $355,900 +4.7% --
09/09/2013 09/09/13 Sold $340,000 0.0% --
08/02/2013 08/02/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $340,000 -- --
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
2024 $3,875 $345,400 $208,800 $136,600
2023 $3,699 $345,400 $208,800 $136,600
2022 $3,554 $345,400 $208,800 $136,600
2021 $2,577 $345,400 $208,800 $136,600
2020 $3,378 $345,400 $208,800 $136,600
2019 $3,340 $345,400 $208,800 $136,600
2018 $3,309 $345,400 $208,800 $136,600
2017 $3,257 $345,400 $208,800 $136,600
2016 $3,133 $345,400 $208,800 $136,600
2015 $3,091 $345,400 $208,800 $136,600
2014 $3,046 $345,400 $208,800 $136,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 523471

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C418