NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 724 Ocean City, NJ 08226

Estimated Value: $834,000 - $1,289,000

2 Beds
2.5 Baths
-- Sq Ft
2.99 Acres

Last Sold September 13, 2018

Last sale price $430,000

Est. 133% increase in value since last sale

Current estimated payment $6,039/month

22 Days on Market

Highlights

  • Ocean Front
  • Unit is on the top floor
  • Clubhouse
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • 3-minute walk to North Street Playground

About This Home

As of September 2018

Unique and Desirable Ocean Colony Floor Plan Features 2 Bedrooms, 2.5 Bathrooms, 1200 sq ft, 2 Balconies, Top Floor, End Unit, Southern Exposure, Bonus Den, and More! Photos Cannot Capture The Spectacular Views Of The Ocean, Boardwalk, Ocean City, And Bay, Must See With Your Own Eyes! Extremely Rare for Ocean Colony, Unit 724 Includes 2 Covered Large Deeded Parking Spaces! Freshly Painted and Updated Glass Windows. Great Boardwalk Front Building, Amenities Include Large Heated Pool Deck, Fitness Center, Saunas, Game Room, Community Room, Sports Deck, And Storage Lockers. Secured Building Also Offers Direct Access To The Famous Ocean City Beach & Boardwalk.

Last Listed By

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City License #1221988 Listed on: 08/02/2018

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,101

Year Built

  • Built in 1977

Lot Details

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

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • Furnished
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

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

Amenities

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

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,101

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Rugs
  • Lvt Date: 08/02/2018
  • Year Built: 1977
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: End Unit, Pool View, Top Floor, 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: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Pantry
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Patio, Pool, Sauna, Security, Storage Facility

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car, Assigned, Carport

Utilities

  • Air Conditioner: Central, Electric, Multi-Zoned
  • 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, Pool
  • Condo Name: Ocean Colony
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Corner, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Gullo Robert
Bought by
Tabasco Joseph and Tabasco Rosemarie
Total Days on Market
22
Current Estimated Value
$1,003,006

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 13, 2018
Sold by
Frederick Estate and Shoyer Timothy C
Bought by
Gullo Robert and Gullo Linda
Seller's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$469,000
Sold Price
$430,000
Premium/Discount to List
-$39,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%

Purchase Details

Closed on
Jul 3, 2000

Range of Values:

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Average Value
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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
Tabasco Joseph $999,000 Surety Title
Gullo Robert $430,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $430,000 -8.3% --
08/24/2018 08/24/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $469,000 -- --
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
2024 $5,101 $454,600 $211,800 $242,800
2023 $4,452 $415,700 $211,800 $203,900
2022 $4,278 $415,700 $211,800 $203,900
2021 $4,020 $415,700 $211,800 $203,900
2020 $4,066 $415,700 $211,800 $203,900
2019 $3,893 $402,600 $211,800 $190,800
2018 $3,857 $402,600 $211,800 $190,800
2017 $3,797 $402,600 $211,800 $190,800
2016 $3,652 $402,600 $211,800 $190,800
2015 $3,603 $402,600 $211,800 $190,800
2014 $3,551 $402,600 $211,800 $190,800
Source: Public Records

Agents Affiliated with this Home

  • Adam D'Annunzio

    Seller's Agent in 2018

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    61 in this area

    142 Total Sales

    Adam D'Annunzio
    Section Image
  • Robert Gullo

    Buyer's Agent in 2018

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    190 in this area

    200 Total Sales

    Robert Gullo
    Section Image
See All Agents

About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 509149

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C724

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 724, Ocean City, NJ

Homes for Sale in Ocean City, NJ

This home is located at 935 Ocean Ave Unit 724, Ocean City, NJ 08226 since 02 August 2018 and is currently estimated at $1,003,006. This property was built in 1977. 935 Ocean Ave Unit 724 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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