NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 420 Ocean City, NJ 08226

Estimated Value: $607,000 - $655,000

2 Beds
2 Baths
-- Sq Ft
2.99 Acres

Last Sold July 08, 2019

Last sale price $330,000

Est. 89% increase in value since last sale

Current estimated payment $3,703/month

75 Days on Market

Highlights

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

About This Home

As of July 2019

Southern Exposure!!!! Very nice unit in the prestigious Ocean Colony condo complex. All of the wall paper has been removed and the unit has been freshly painted!! Boasting 2 large bedrooms, 2 spacious baths, closet space galore. Master bedroom has a private dressing area. 2 large decks facing south. Enjoy the sights and sounds of Ocean City. Access to the beach and boardwalk through Colony walk. Enjoy all the amenities, which include, great pool with expansive pool deck, sauna, sports deck with basketball courts, shuffle board, exercise room, game room, community room (available to reserve for family get together's.), elevators, assigned parking, and storage lockers. Condo fees cover water, sewer, insurance, maintenance and amenities. Easy to show!!

Last Agent to Sell the Property

John Kotakis

FOX REAL ESTATE-Brighton License #1436164 Listed on: 03/09/2019

Last Buyer's Agent

Gary Jessel

FOX REAL ESTATE-Brighton License #RB-8331741

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,705

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Concrete Siding

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • 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
  • Community Storage Space
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,705

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 03/09/2019
  • Age: 25+ Years
  • 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, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Elevator, Outside Shower, Pool, Sauna, Storage Facility, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric
  • 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: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Jul 8, 2019
Sold by
Miller Lois
Bought by
Lutterman Robert R and Lutterman Carol
Seller's Agent
John Kotakis
FOX REAL ESTATE-Brighton
Buyer's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
List Price
$379,900
Sold Price
$330,000
Premium/Discount to List
-$49,900
-13.14%
Current Estimated Value
$622,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,995
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Jan 23, 2002

Purchase Details

Closed on
Jan 9, 1989
Sold by
Kattelman Marc and Kattelman Lois
Bought by
Kattleman Lois Et Als
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
Lutterman Robert R $330,000 North American Title
-- -- --
Kattleman Lois Et Als $42,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $330,000 -5.4% --
05/23/2019 05/23/19 Pending -- -- --
05/03/2019 05/03/19 Price Changed $349,000 -3.0% --
04/11/2019 04/11/19 Price Changed $359,900 -5.3% --
03/09/2019 03/09/19 For Sale $379,900 -- --
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 $3,705 $330,200 $201,100 $129,100
2024 $3,705 $330,200 $201,100 $129,100
2023 $3,536 $330,200 $201,100 $129,100
2022 $3,398 $330,200 $201,100 $129,100
2021 $2,463 $330,200 $201,100 $129,100
2020 $3,229 $330,200 $201,100 $129,100
2019 $3,193 $330,200 $201,100 $129,100
2018 $3,163 $330,200 $201,100 $129,100
2017 $3,114 $330,200 $201,100 $129,100
2016 $2,995 $330,200 $201,100 $129,100
2015 $2,955 $330,200 $201,100 $129,100
2014 $2,912 $330,200 $201,100 $129,100
Source: Public Records

Agents Affiliated with this Home

  • John Kotakis

    Seller's Agent in 2019

    John Kotakis

    FOX REAL ESTATE-Brighton

    (609) 703-0288

    49 in this area

    60 Total Sales

    Section Image
  • Gary Jessel

    Buyer's Agent in 2019

    Gary Jessel

    FOX REAL ESTATE-Brighton

    (877) 626-5369

    48 in this area

    49 Total Sales

    Section Image
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About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 518848

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C420

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 420, Ocean City, NJ

This home is located at 935 Ocean Ave Unit 420, Ocean City, NJ 08226 since 09 March 2019 and is currently estimated at $630,721. 935 Ocean Ave Unit 420 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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