$250,000
SOLD DEC 24, 2012

Ocean Colony 935 Ocean Ave Unit 532 Ocean City, NJ 08226

1 Bed
1 Bath
-- Sq Ft
2.99 Acres

Recently Sold

51 Days on Market

Highlights

  • Water Views
  • 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 December 2023

1BR, 1BR located in the West Wing of Ocean Colony. 5th floor, northside with views to Atlantic City, boardwalk and ocean. Includes TWO parking spaces (very rare in this complex). Furnished and equipped as is. Includes all the terrific amenities at Ocean Colony....22,000 sq.ft .pool deck, adult and child pool (both heated), sport court, shuffleboard, game room, lounge, saunas, fitness center, poolside cabanas. There's also on-site professional management, 24 hour security, 4 elevators. EZ to see. Lockbox

Last Agent to Sell the Property

Jessee Briglia

Fox Real Estate-Ocean Listed on: 10/12/2012

Last Buyer's Agent

NANCY RAUSCH

Fox Real Estate - Beachwatch License #0452119

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1977

Lot Details

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

Home Design

  • Concrete Siding

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Entrance Foyer
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Building Patio
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Community Playground
  • Outdoor Community Showers

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,659

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Curtains, Furnished
  • Year Built: 1977
  • 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, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Fenced Yard, Outside Shower, Patio, Playground, Pool, Sauna, Security, Storage Facility, Tennis Court

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block

Utilities

  • Air Conditioner: Electric
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Ocean Colony
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 13, 2023
Sold by
Pezzano Joseph and Pezzano Paula
Bought by
Smith Roy A and Smith Janice C
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
List Price
$529,900
Sold Price
$500,000
Premium/Discount to List
-$29,900
-5.64%
Views
91
Current Estimated Value
$566,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,276
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
May 4, 2022
Sold by
Pezzano Joseph and Pezzano Paula
Bought by
Pezzano Paula

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 22, 2021
Sold by
Cook and Jerry
Bought by
Pezzano Joseph and Pezzano Paula
Seller's Agent
Justin Veasey
KW Empower Real Estate
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 21, 2012
Sold by
Traynor Donald L and Traynor Marilee
Bought by
Cook Darleen
Seller's Agent
Jessee Briglia
Fox Real Estate-Ocean
Buyer's Agent
NANCY RAUSCH
Fox Real Estate - Beachwatch
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $500,000 Surety Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $465,000 Surety Title
Deed $250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $500,000 -5.6% --
11/05/2023 11/05/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $529,900 +14.0% --
10/28/2021 10/28/21 Sold $465,000 -3.1% --
09/24/2021 09/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $479,900 +92.0% --
12/24/2012 12/24/12 Sold $250,000 0.0% --
12/02/2012 12/02/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $250,000 -- --
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 $3,659 $326,100 $153,400 $172,700
2024 $3,659 $326,100 $153,400 $172,700
2023 $3,493 $326,100 $153,400 $172,700
2022 $3,356 $326,100 $153,400 $172,700
2021 $1,863 $249,700 $153,400 $96,300
2020 $2,442 $249,700 $153,400 $96,300
2019 $2,415 $249,700 $153,400 $96,300
2018 $2,392 $249,700 $153,400 $96,300
2017 $2,355 $249,700 $153,400 $96,300
2016 $2,265 $249,700 $153,400 $96,300
2015 $2,235 $249,700 $153,400 $96,300
2014 $2,202 $249,700 $153,400 $96,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 402160

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C532