NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 635 Ocean City, NJ 08226

Estimated Value: $400,000 - $1,857,000

1 Bed
1 Bath
-- Sq Ft
2.99 Acres

Last Sold September 28, 2018

Last sale price $380,000

Est. 109% increase in value since last sale

Current estimated payment $4,638/month

Highlights

  • Water Views
  • Clubhouse
  • Furnished
  • Ocean City Primary School Rated A
  • Sauna
  • 3-minute walk to North Street Playground

About This Home

As of September 2018

Beautiful 1BR condo located in Ocean Colony, Ocean City'e premier boardwalk front condo building. Ocean Colony has resort like amenities including an adult and baby pool, a 22,000 sq. ft. pool deck, a sport deck with basketball court, lounges, fitness room, saunas, 4 elevators & game room.

Last Listed By

Robert Gullo

Fox Real Estate-Ocean License #0233337 Listed on: 07/03/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,402

Year Built

  • 1977

Lot Details

  • 2.99

Parking

  • 1 Parking Space

Interior Spaces

  • Furnished
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Community Playground
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,402

Year Built

1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 07/03/2018
  • Age: 25+ Years
  • 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
  • Year Built (Public Record): 1977

Interior Features

  • Appliances: Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Eat In Kitchen
  • Common Area Features: Clubhouse/Clubroom, Outside Shower, Playground, Pool, Sauna, Security, Storage Facility

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

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
V2 Properties Entity 7 Llc
Bought by
Berry James J and Berry Maryann C
Total Days on Market
0
Current Estimated Value
$792,864

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 28, 2018
Sold by
Thomas Douglas C and Thomas Janice M
Bought by
Max M Pakyz Jr Ret
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Listed on
Apr 4, 2013
Closed on
Aug 22, 2013
Sold by
Maclean David and Maclean Constance
Bought by
Douglass Thomas C and Thomas Janice M
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$236,400
Sold Price
$236,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
May 29, 1998
Sold by
Conte Salvatore A
Bought by
Maclean David and Maclean Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.05%

Range of Values:

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Average Value
Not Available
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
Berry James J $1,750,000 Freedom Title
Berry James J $1,750,000 Freedom Title
Max M Pakyz Jr Ret $380,000 --
Douglass Thomas C $236,400 North American Title Ins Co
Maclean David $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Max M Pakyz Jr Ret $60,000
Previous Owner Maclean David $75,000
Previous Owner Maclean David $35,000
Previous Owner Maclean David $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $380,000 -5.0% --
07/03/2018 07/03/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $399,900 +69.2% --
08/22/2013 08/22/13 Sold $236,400 0.0% --
07/08/2013 07/08/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $236,400 -- --
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 $2,402 $236,400 $123,000 $113,400
2023 $2,282 $236,400 $123,000 $113,400
2022 $2,183 $236,400 $123,000 $113,400
2021 $1,762 $236,400 $123,000 $113,400
2020 $2,312 $236,400 $123,000 $113,400
2019 $2,286 $236,400 $123,000 $113,400
2018 $2,265 $236,400 $123,000 $113,400
2017 $2,229 $236,400 $123,000 $113,400
2016 $2,431 $268,000 $154,600 $113,400
2015 $2,399 $268,000 $154,600 $113,400
2014 $2,364 $268,000 $154,600 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 507699

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C635