NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 419 Ocean City, NJ 08226

Estimated Value: $607,000 - $800,000

2 Beds
2 Baths
-- Sq Ft
2.99 Acres

Last Sold November 22, 2013

Last sale price $342,500

Est. 101% increase in value since last sale

Current estimated payment $4,063/month

23 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Deck
  • Ocean City Primary School Rated A
  • Clubhouse
  • 3-minute walk to North Street Playground

About This Home

As of November 2013

Ocean Colony 2 Bedroom 2 Bath Unit On The 4th Floor with Southern Exposure. This Is A Great Unit With An Updated Kitchen, Tiled Floor In The Foyer & Kitchen, Large Master Bedroom, Covered Porches, Mirrored Living Room. What A Great Opportunity To Own Luxury Living On The Boardwalk That Includes A Huge Pool Deck, Tennis Court, Workout Room, Common Space, And On Site Management. Come Take A Look You Will Not Be Disappointed!

Last Agent to Sell the Property

Eric Booth

Compass New Jersey-Ocean City (O463E) License #9588156 Listed on: 08/15/2013

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City License #1221988

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,713

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front
  • Fenced

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • 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
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Building Patio
  • Community Deck or Porch
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,713

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished, Rugs, Shades
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: Water View
  • 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: Breakfast Nook, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Fenced Yard, Outside Shower, Patio, Pool, Security, Tennis Court

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block, Stucco

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • 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
  • Condo Name: Ocean Colony
  • Management: Association, Co-Owner, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator, Foyer, Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 22, 2013
Sold by
Estate Of Regina Mcginley Mclean
Bought by
Cochrane John C and Cochrane Elaine S
Seller's Agent
Eric Booth
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
List Price
$342,500
Sold Price
$342,500
Current Estimated Value
$688,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,462
Avg. Annual Appreciation
6.14%
Original Mortgage
$274,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Mcginley Mclean Regina
Bought by
Mcginley Mclean Joseph C and Mcginley Mclean Regina

Purchase Details

Closed on
Feb 27, 1998
Sold by
Ambrosius Emma M
Bought by
Saracino Joseph T and Saracino Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.93%
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
Cochrane John C $342,500 None Available
Mcginley Mclean Joseph C -- None Available
Saracino Joseph T $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochrane John C $202,549
Closed Cochrane John C $202,549
Closed Cochrane John C $274,000
Previous Owner Saracino Joseph T $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $342,500 0.0% --
09/07/2013 09/07/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $342,500 -- --
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 $3,713 $330,900 $201,100 $129,800
2024 $3,713 $330,900 $201,100 $129,800
2023 $3,544 $330,900 $201,100 $129,800
2022 $3,405 $330,900 $201,100 $129,800
2021 $1,659 $330,900 $201,100 $129,800
2020 $3,236 $330,900 $201,100 $129,800
2019 $3,200 $330,900 $201,100 $129,800
2018 $3,170 $330,900 $201,100 $129,800
2017 $3,120 $330,900 $201,100 $129,800
2016 $3,001 $330,900 $201,100 $129,800
2015 $2,962 $330,900 $201,100 $129,800
2014 $2,919 $330,900 $201,100 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 416125

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C419