NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 429 Ocean City, NJ 08226

Estimated Value: $471,048 - $594,000

2 Beds
1 Bath
-- Sq Ft
2.99 Acres

Last Sold June 24, 2024

Last sale price $560,000

Est. 5% decrease in value since last sale

Current estimated payment $3,135/month

14 Days on Market

Highlights

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

About This Home

As of June 2024

Immaculately renovated and remodeled! This 1bd condo was completely gutted and renovated to include a separate private den in addition to the private bedroom. Property shows great, with an upgraded kitchen, tile backsplash, beautiful accent wall, stainless steel appliances, soft self closing cabinets and much more! The main bedroom offers plenty of space for all your clothes and personal items without the need to add additional dressers to clutter your bedroom. The bathroom includes a spacious walk-in shower with ceramic tile from floor to ceiling, granite vanity top, and wonderful linen closet with additional storage below to hide your beach gear. This condo also includes a brand new water heater, HVAC system, and a stackable Washer/dryer. Why pay two-bedroom condo fees? Condo fees are charged as a 1BR. Amenities include a heated pool, game room, community room, fitness center, sauna, sports court and dynamite boardwalk location. Please see Agent Remarks.

Last Agent to Sell the Property

JAMES PINO, III

Fox Real Estate-Ocean Listed on: 03/28/2024

Last Buyer's Agent

Kayla Noll

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,867

Lot Details

  • 2.99

Parking

  • 1 Parking Space

Interior Spaces

  • Partially Furnished
  • Blinds
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • 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, taxes, water, pool
  • Ocean Colony Condos
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Community Playground
  • Outdoor Community Showers

Pet Policy

  • Pet Restriction

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,867

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 03/28/2024
  • 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: 1
  • Other Rooms: Breakfast Nook, Dining Area
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, 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, Taxes, Water, Pool
  • Condo Name: Ocean Colony
  • Management: On-Site Professionals

Lot Info

  • Location: Boardwalk Front

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 24, 2024
Sold by
Minichino Mario John and Minichino Nona
Bought by
Baroni Eric
Seller's Agent
JAMES PINO, III
Fox Real Estate-Ocean
Buyer's Agent
Kayla Noll
Compass New Jersey-Ocean City (O463E)
List Price
$569,900
Sold Price
$560,000
Premium/Discount to List
-$9,900
-1.74%
Views
31
Current Estimated Value
$531,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,488
Avg. Annual Appreciation
-4.40%
Original Mortgage
$160,000
Outstanding Balance
$158,241
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$373,271

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 25, 2018
Sold by
Rossman David J and Rossmann Bonnie C
Bought by
Minichino Mario J and Minichino Nona
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Timothy Taccarino
Compass New Jersey-Ocean City (O463H)
List Price
$269,900
Sold Price
$252,000
Premium/Discount to List
-$17,900
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Wolaniuk Edward L
Bought by
Rossmann David J and Rossmann Bonnie C
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
Baroni Eric $560,000 Surety Title
Minichino Mario J $252,000 --
Rossmann David J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baroni Eric $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $560,000 -1.7% --
04/11/2024 04/11/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $569,900 0.0% --
03/28/2024 03/28/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $569,900 +126.2% --
06/25/2018 06/25/18 Sold $252,000 -6.6% --
05/21/2018 05/21/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $269,900 -- --
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 $2,867 $277,900 $153,400 $124,500
2024 $2,867 $255,500 $153,400 $102,100
2023 $2,736 $255,500 $153,400 $102,100
2022 $2,629 $255,500 $153,400 $102,100
2021 $1,906 $255,500 $153,400 $102,100
2020 $2,499 $255,500 $153,400 $102,100
2019 $2,471 $255,500 $153,400 $102,100
2018 $2,448 $255,500 $153,400 $102,100
2017 $2,409 $255,500 $153,400 $102,100
2016 $2,317 $255,500 $153,400 $102,100
2015 $2,287 $255,500 $153,400 $102,100
2014 $2,254 $255,500 $153,400 $102,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583591

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C429