See Home Value
$1,444,256*
House - Off Market

45 Asbury Ave

Ocean City, NJ 08226
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2456 Sqft
$882,000 - $1,076,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold May 22, 2019
$920,000
$530,000 by Wells Fargo Bank Na
Mortgage
Sold May 27, 2015
$559,900
$503,910 by 1st Colonial Community Bank
Mortgage Due Jun 01, 2045

About This Property

This one of a kind home will blow you away! As you enter the home you are welcomed by rich hardwood floors leading into a custom designed gourmet kitchen with beautiful quartz counter tops, stainless steel appliances, an oversized center island for entertaining and a separate wet bar. The first floor also features a large living room adjacent to the kitchen, a first floor ensuite bedroom and a separate family room. The second floor boasts a large master suite with 3 spacious closets and an ensuite bathroom as well as two large additional bedrooms with a shared hall bathroom. On the third floor you will find the fifth bedroom and additional storage. This rare oversized 45' x 100' property offers a spacious front and rear yard with a large in-ground gunite pool.

The manager has listed the unit size as 2456 square feet.
Unit Size
2,456Ft²
Days on Market
-
Land Size
-
Price per sqft
$399
Property Type
House
Property Taxes
$5,560
HOA Dues
-
Year Built
1928

Price History

Date / Event Date Event Price
May 22, 2019 Sold to Jean Michael $920,000
Sold to Jean Michael
May 12, 2019 No longer available -
No longer available
Apr 9, 2019 Listed $979,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,456
  • Building Area: 2,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB10 L112A

Ownership

  • Current Owner : MICHAEL JEAN
  • Previous Owner : WHEELER RICHARD
  • Previous Owner 2: WHEELER LAURA C
  • Owner Before Previous Owner: ESTATE OF CONSTANCE M WAGONER
  • Owner Before Previous Owner 2: SHEARON KRISTINE ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 10
  • District: 08
  • Parcel: 08 00010-0000-00005
  • Block: 10
  • Lot: 5
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2878
  • Longitude: -74.5645

    Address

  • Full Address: 45 Asbury Ave
  • Address - House Number: 45
  • Address - Street Name: Asbury
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C019
  • 4-Digit Zip Code: 4320
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,565

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 1,004,894
  • High Value: 1,461,928
  • Low Value: 547,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $530,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 22, 2019
  • First Open Lien Mortgage Loan Amount: $530,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $911,253
  • Market Land Value: $475,695
  • Market Improvement Value: $435,558

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,000
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $293,000

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11610539147
  • Current Sale Price: $920,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019094327
  • Previous Sale Recording Date: May 27, 2015
  • Previous Sale Contract Date: May 22, 2015
  • Previous Sale Amount: $559,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $530,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: 1ST COLONIAL COMMUNITY BANK
  • Previous Mortgage Transaction Date: May 27, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $503,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
-
$775,000 May 12, 2020
$775,000 Jun 30, 2020
-
House
5 Beds
4 Baths
-
$970,000 Jan 13, 2017
$970,000 Apr 28, 2017
-
House
4 Beds
4 Baths
-
$970,000 May 7, 2021
$970,000 Aug 23, 2021
-
House
4 Beds
3 Baths
-
$975,000 Jun 25, 2020
$975,000 Sep 23, 2020
-
House
4 Beds
3 Baths
-
$975,000 Sep 28, 2021
$975,000 Nov 19, 2021
-
House
4 Beds
3 Baths
-
$857,000 Mar 15, 2012
$857,000 Oct 19, 2012
-
House
4 Beds
2.5 Baths
2,152 ft²
$534/ft²
$1,150,000 Apr 28, 2023
-
$458/mo
Condo
6 Beds
3 Baths
2,883 ft²
$382/ft²
$1,099,900 Apr 12, 2023
-
$437/mo
Condo
4 Beds
2 Baths
1,400 ft²
$821/ft²
$1,149,999 Apr 8, 2023
-
$408/mo
Condo
3 Beds
2 Baths
1,732 ft²
$565/ft²
$979,000 Apr 17, 2023
-
$378/mo
Condo
3 Beds
2.5 Baths
2,000 ft²
$410/ft²
$819,000 Nov 25, 2022
-
$329/mo
Condo
3 Beds
2.5 Baths
1,940 ft²
$422/ft²
$819,000 Jan 28, 2023
-
$329/mo

About Ocean City


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Frequently Asked Questions

When was property at 45 Asbury Avenue built and last sold?
The property at 45 Asbury Avenue was built in 1928 and last sold on May 20, 2019 for $920,000.
How much is this home worth?
The estimated value of the home located at 45 Asbury Avenue is $986,093.
What are some comparable homes to 45 Asbury Avenue?
There are currently no comparable homes to 45 Asbury Avenue.

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