NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 611 Ocean City, NJ 08226

Estimated Value: $1,130,000 - $1,179,000

3 Beds
2.5 Baths
-- Sq Ft
2.99 Acres

Last Sold December 11, 2013

Last sale price $665,999

Est. 74% increase in value since last sale

Current estimated payment $7,011/month

586 Days on Market

Highlights

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

About This Home

As of December 2013

This luxurious 3 br, 2.5 bath (or 2br & family room) Oceanfront condo located in Ocean Colony. This mostly furnished, very bright unit features marble foyer, custom kitchen w/center island & top of the line appliances, crown molding, wall mirrors, & ocean views from every window! Property also features heated pool, tennis courts, fitness center, play rm & 24/7 security. Only steps to the beach and boardwalk! Come see this beauty!

Last Listed By

Cheryl Huber

BHHS FOX and ROACH-109 34th OC License #SP-8433611 Listed on: 03/09/2012

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,395

Year Built

  • Built in 1978

Lot Details

  • 2.99

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ocean Front

Community Details

Overview

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

Amenities

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

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,395

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Rugs
  • Year Built: 1978
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: 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
  • Other Rooms: Laundry/Utility Room
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Patio, Playground, Pool, Sauna, Security, Storage Facility, Tennis Court

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block

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: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Ocean Colony
  • Management: On-Site Professionals

Lot Info

  • Location: Ocean Front

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Dec 11, 2013
Sold by
Bisignaro Joseph A and Bisignaro Susan B
Bought by
Satriale Robert O and Satriale Gloria M
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$665,999
Sold Price
$665,999
Total Days on Market
586
Current Estimated Value
$1,157,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,254
Avg. Annual Appreciation
4.93%
Original Mortgage
$415,999
Outstanding Balance
$317,277
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$839,976

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
Satriale Robert O $665,999 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satriale Robert O $415,999
Previous Owner Bisignaro Joseph A $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2013 12/11/13 Sold $665,999 0.0% --
10/16/2013 10/16/13 Pending -- -- --
03/09/2012 03/09/12 For Sale $665,999 -- --
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
2024 $6,395 $570,000 $335,000 $235,000
2023 $6,105 $570,000 $335,000 $235,000
2022 $5,865 $570,000 $335,000 $235,000
2021 $4,252 $570,000 $335,000 $235,000
2020 $5,575 $570,000 $335,000 $235,000
2019 $5,512 $570,000 $335,000 $235,000
2018 $5,461 $570,000 $335,000 $235,000
2017 $5,375 $570,000 $335,000 $235,000
2016 $5,170 $570,000 $335,000 $235,000
2015 $5,102 $570,000 $335,000 $235,000
2014 $5,027 $570,000 $335,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 391770

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C611