NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 508 Ocean City, NJ 08226

Estimated Value: $1,004,000 - $1,072,000

3 Beds
2.5 Baths
-- Sq Ft
2.99 Acres

Last Sold September 27, 2013

Last sale price $675,000

Est. 52% increase in value since last sale

Current estimated payment $6,106/month

6 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 September 2013

3 bedroom, 2.5 bath Ocean Colony Condominium . Front corner unit with large (222 sq ft) balcony and panoramic ocean views! Amenities include huge pool deck, sports deck, fitness center, game room, community room, storage lockers, and onsite management/security. Only steps to the beach/boardwalk! Great summer rental income potential.

Last Agent to Sell the Property

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City License #1221988 Listed on: 07/23/2013

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Jessee Briglia

Fox Real Estate-Ocean License #EB-7935155

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,012

Lot Details

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

Property Views

Interior Spaces

  • Furnished
  • Entrance Foyer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Deck

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,012

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: End Unit, Pool View, 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: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Pool, Sauna, Security, Tennis Court

Utilities

  • Air Conditioner: Central, Electric, Multi-Zoned
  • Heating: Electric, Forced Air, Multi-Zoned
  • 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

Lot Info

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

Multi Family

  • Unit Features: Elevator, Foyer, Handicap Features, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 27, 2013
Sold by
Kirschhoff Lilly B
Bought by
Hershey Joyce G and Hershey Donald C
Seller's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Jessee Briglia
Fox Real Estate-Ocean
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,028,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,699
Avg. Annual Appreciation
3.78%
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
Hershey Joyce G $675,000 The Title Company Of Jersey
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $675,000 0.0% --
07/29/2013 07/29/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $675,000 -- --
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
2025 $6,012 $535,800 $306,900 $228,900
2024 $6,012 $535,800 $306,900 $228,900
2023 $5,738 $535,800 $306,900 $228,900
2022 $5,513 $535,800 $306,900 $228,900
2021 $3,996 $535,800 $306,900 $228,900
2020 $5,240 $535,800 $306,900 $228,900
2019 $5,181 $535,800 $306,900 $228,900
2018 $5,133 $535,800 $306,900 $228,900
2017 $5,053 $535,800 $306,900 $228,900
2016 $4,860 $535,800 $306,900 $228,900
2015 $4,795 $535,800 $306,900 $228,900
2014 $4,726 $535,800 $306,900 $228,900
Source: Public Records

Agents Affiliated with this Home

  • Adam D'Annunzio

    Seller's Agent in 2013

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    59 in this area

    139 Total Sales

    Section Image
  • Jessee Briglia

    Buyer's Agent in 2013

    Jessee Briglia

    Fox Real Estate-Ocean

    (609) 442-9840

    24 in this area

    30 Total Sales

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About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 415042

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C508

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 508, Ocean City, NJ

This home is located at 935 Ocean Ave Unit 508, Ocean City, NJ 08226 since 23 July 2013 and is currently estimated at $1,046,395. 935 Ocean Ave Unit 508 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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