NOT LISTED FOR SALE

961 Asbury Ave Ocean City, NJ 08226

Estimated Value: $898,485 - $1,055,000

4 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold June 16, 2014

Last sale price $427,500

Est. 131% increase in value since last sale

Current estimated payment $5,782/month

108 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Ceiling Fan
  • Ocean City Primary School Rated A
  • Central Air
  • 2-minute walk to Ocean City Recreation Department

About This Home

As of June 2014

Gorgeous, spacious, 4 bed 2 bath condo! Large kitchen with granite counters, stainless steel appliances, hardwood floors throughout, enclosed stairwell/foyer. covered Front deck. Fully enclosed garage, enclosed outdoor shower. Only a few years young! Just 3 short blocks to the beach and boardwalk. Enjoy anytime and rent the weeks you don't use. Watch parades and enjoy block parties from the convenience of your deck. Spend your summer vacationing, not making repairs on an old property at the same price!

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 02/13/2014

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

MARYLOUISE BOWDLER

BHHS FOX and ROACH-109 34th OC License #SP-7833904

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,734

Lot Details

  • 3,006

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,734

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Drapes
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In
  • Bedrooms: 4
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Dryvit

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2014
Closed on
Jun 11, 2014
Sold by
Shimp Robert O and Shimp Kathi R
Bought by
Burns Stefanie E
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
MARYLOUISE BOWDLER
BHHS FOX and ROACH-109 34th OC
List Price
$427,500
Sold Price
$427,500
Current Estimated Value
$988,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,121
Avg. Annual Appreciation
7.77%

Purchase Details

Listed on
Apr 26, 2013
Closed on
Dec 20, 2013
Sold by
Gabriele James P and Monzo Gabriele Darlene
Bought by
Mangiaracina Joseph M and Mangiaracina Andrea L
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Joe Carideo
Keller Williams Realty Jersey Shore-Ocean City
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.86%
Original Mortgage
$396,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2012
Closed on
Mar 22, 2013
Sold by
Lyon William R and Lyon Kathleen B
Bought by
Shimp Robert O and Shimp Kathi R
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
CHRISTOPHER PUSTIZZI
Keller Williams Realty Jersey Shore-Ocean City
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$368,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Windward Properties Llc
Bought by
Lyon William R and Lyon Kathleen B
Source: Public Records

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
Burns Stefanie E $427,500 Old Republic National Title
Mangiaracina Joseph M $495,000 Chicago Title Company Llc
Shimp Robert O $460,000 None Available
Lyon William R $490,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangiaracina Andrea L $357,500
Previous Owner Mangiaracina Joseph M $396,000
Previous Owner Shimp Robert O $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $427,500 0.0% --
06/01/2014 06/01/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $427,500 -13.6% --
12/20/2013 12/20/13 Sold $495,000 0.0% --
11/18/2013 11/18/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $495,000 +7.6% --
03/22/2013 03/22/13 Sold $460,000 0.0% --
01/15/2013 01/15/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $460,000 -- --
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 $4,734 $421,900 $126,000 $295,900
2024 $4,734 $421,900 $126,000 $295,900
2023 $4,519 $421,900 $126,000 $295,900
2022 $4,341 $421,900 $126,000 $295,900
2021 $3,147 $421,900 $126,000 $295,900
2020 $4,126 $421,900 $126,000 $295,900
2019 $4,080 $421,900 $126,000 $295,900
2018 $4,042 $421,900 $126,000 $295,900
2017 $3,979 $421,900 $126,000 $295,900
2016 $3,827 $421,900 $126,000 $295,900
2015 $3,776 $421,900 $126,000 $295,900
2014 $3,721 $421,900 $126,000 $295,900
Source: Public Records

Agents Affiliated with this Home

  • Christopher Oliva

    Seller's Agent in 2014

    Christopher Oliva

    Compass New Jersey-Ocean City (O463E)

    (609) 602-0508

    48 in this area

    87 Total Sales

    Christopher Oliva
    Section Image
  • Michael Contino

    Seller's Agent in 2013

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    372 in this area

    429 Total Sales

    Michael Contino
    Section Image
  • Joe Carideo

    Buyer's Agent in 2013

    Joe Carideo

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 602-2310

    3 in this area

    7 Total Sales

    Joe Carideo
    Section Image

  • C

    Buyer's Agent in 2013

    CHRISTOPHER PUSTIZZI

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 741-1156

    CHRISTOPHER PUSTIZZI
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 424472

South Jersey Shore Regional MLS

APN: 08-00904-0000-00002-01-C2

New Jersey Cape May County Ocean City 08226

961 Asbury Ave, Ocean City, NJ

This home is located at 961 Asbury Ave, Ocean City, NJ 08226 since 13 February 2014 and is currently estimated at $988,621. 961 Asbury Ave 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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