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231 Wesley Avenue

231 Wesley Avenue, Ocean City, NJ 08226
Property in Ocean City
Sold Dec 21, 2020
$649,000
$499,000 by Citizens Bank
Mortgage
Sold Oct 09, 2012
$350,000
Local assessors in Ocean City, NJ have categorized 231 Wesley Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 2,627 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 250 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 231 Wesley Avenue has a total of 866 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Oct 7, 2020 for $649,000. That's $749.42 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2012 for $350,000. 231 Wesley Avenue was last assessed in 2023. The total value of the property was assessed at $372,600. Specifically, the land the property is located on was valued at $297,300. While improvements on the property were assessed at a total of $75,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,991. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,627
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 250
  • Total Building Area: 866
  • Building Area: 866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB208 L652B

Ownership

  • Current Owner : SHENK RYAN
  • Current Owner 2: SHENK KELLY
  • Previous Owner : HAMMER TIMOTHY J
  • Previous Owner 2: HAMMER LESLIE M
  • Owner Before Previous Owner: BLOYD BILLIE M
  • Owner Before Previous Owner 2: KESSELRING VIRGINIA BLOYD

Neighborhood

  • School District Name: Ocean City School District
  • Census Tract: 020101

Geography

  • Assessors Map Reference: TAX MAP 10
  • District: 08
  • Parcel: 08 00208-0000-00003
  • Block: 208
  • Lot: 3
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2844
  • Longitude: -74.5658

    Address

  • Full Address: 231 Wesley Ave
  • Address - House Number: 231
  • Address - Street Name: Wesley
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C003
  • 4-Digit Zip Code: 4147
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,991

    Appraisal Valuation

  • Standard Deviation: 0.2518
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 1,077,562
  • High Value: 1,348,966
  • Low Value: 806,159

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $499,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $499,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $553,887
  • Market Land Value: $441,950
  • Market Improvement Value: $111,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,600
  • Assessed Land Value: $297,300
  • Assessed Improvements Value: $75,300

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11810329629
  • Current Sale Price: $649,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020046038
  • Previous Sale Recording Date: Oct 09, 2012
  • Previous Sale Contract Date: Sep 27, 2012
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $499,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Ocean City



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Frequently Asked Questions

What neighborhood is 231 Wesley Avenue located in?
The 231 Wesley Avenue is a located in the neighborhood of Ocean City in Ocean City, Ocean City.
What is the average sales price for listings in 231 Wesley Avenue?
The average sales price for units in 231 Wesley Avenue is $0 currently.

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