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Sold for $543,000
  • $543,000

    900 Wesley Ave #101, Ocean City, NJ 08226

    2beds
    --sqft
    Condominium
    Built in ----
    -- sqft lot
    $606,800 Zestimate®
    $--/sqft
    $3,077 Estimated rent

    Home value

    $606,800

    $564,000 - $655,000

    $3,077/mo

    Zestimate® history
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    What's special

    #101 Sun Beach Condo - 2BR, 2BA residential condo (812 sq.ft. +/-) with heated pool. Sleeps 8. Huge 2nd BR with two queen beds. Master BR with king bed plus full sleep-sofa (Flexsteel) pull-out in LR. Split floorplan has bedrooms on opposite sides of the apartment for added privacy. This building has no front desk and no rental restrictions. Most of the 38 residential units are used as 2nd home vacation get-aways. Use the property as a 2nd home or rent it - use local Realtors, or do it yourself via VRBO, AirBB or others. Currently it's a rental property. Consistently grosses $48,000-$55,000+ every year. Read the Guest Reviews Below! Center City location puts everything a few short blocks away...EZ walking distance to the Beach and the Boardwalk and the shopping on Asbury Avenue. Granite countertops in the kitchen, breakfast bar, dining booth and in both baths. Upgraded wood cabinets in kitchen & baths. In-unit washer/dryer (all others use coin-op common laundry). Complex has heated pool, BBQ area, storage and spacious upper sundeck with loungers, tables & chairs. Sold Fully Furnished & equipped as is. Condo fee includes hot water, TV Cable & Wifi, flood/fire insurance, exterior maintenance. One car parking off-site. Check Associated Docs for lots more info. INVESTORS! Please check out the attached Investment Property Analysis. This property has a multi-year stable rental track record. With 20% down at 7%, 30 years, the property has an after tax (24% Tax Bracket) POSITIVE CASH FLOW starting at year ONE! Try to find that with other properties you are considering!

    Zillow last checked:

    Listing updated:

    Listed by:

    JESSE BRIGLIA 609-442-9840,

    Fox Real Estate-Ocean

    Bought with:

    CHRISTOPHER FERZOCO, 1112211

    Source: SJSRMLS,MLS#: 582123MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Nook, Laundry
    Heating
    • Electric, Space/Wall/Floor
    Cooling
    • Ceiling Fan(s), Electric, Wall Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Foyer, Master Bath
    • Windows: Blinds
    • Has fireplace: No
    • Furnished: Yes

    Property

    Parking
    • Parking features: Off Site, None
    Features
    • Levels: One
    • Stories: 2
    • Patio & porch: Deck/Porch, Patio
    • Pool features: Community
    Lot
    • Features: Corner Lot
    Details
    • Additional structures: Storage Facility
    • Parcel number: 15-C101

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Masonry/Block, Stucco
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Deck/Porch, Outside Shower, Patio, Pool, Storage Facility
    • Subdivision: Sun Beach
    HOA
    • Amenities included: Cable TV, Deck/Porch, Outside Shower, Patio, Pool, Storage Facility
    • Services included: Amenities, Cable TV, Insurance, Maintenance, Management, Other Utilities, Pool, Sewer, Trash, Water
    Location
    • Region: Ocean City

    Financial & listing details

    • Tax assessed value: $270,800
    • Annual tax amount: $2,667
    • Date on market: 2/13/2024
    • Date available: 02/13/2024
    • Inclusions: Blinds, Furnished

    Price history

    DateEventPrice
    6/26/2024Sold$543,000-9.5%
    Source: SJSRMLS #582123 Report a problem
    2/13/2024Listed for sale$599,900+50%
    Source: SJSRMLS #582123 Report a problem
    3/1/2022Listing removed--
    Source: SJSRMLS #547986 Report a problem
    3/6/2021Price change$399,900-7%
    Source: SJSRMLS #547986 Report a problem
    2/25/2021Listed for sale$429,900+7.5%
    Source: SJSRMLS #537818 Report a problem
    11/29/2016Listing removed$399,900
    Source: JESSE REAL ESTATE #439672 Report a problem
    10/6/2015Price change$399,900-7%
    Source: Jesse Real Estate, Inc. Report a problem
    7/18/2015Listed for sale$429,900+405.8%
    Source: Jesse Real Estate, Inc. Report a problem
    6/3/2015Sold$85,000-80.2%
    Source: Agent Provided Report a problem
    11/29/2014Listed for sale$429,900+132.5%
    Source: JESSE REAL ESTATE #439672 Report a problem
    7/27/2006Sold$184,900-44.8%
    Source: Public Record Report a problem
    12/28/2005Sold$335,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,038 +8.8%$270,800 +8.8%
    2024$2,794 +4.8%$249,000
    2023$2,667 +6.6%$249,000
    2022$2,502 +2.8%$249,000
    2021$2,435 +1.1%$249,000
    2020$2,408 +0.9%$249,000
    2019$2,385 $249,000
    2018$2,385 +5.6%$249,000
    2017$2,258 +1.3%$249,000
    2016$2,229 +1.5%$249,000
    2015$2,196 +4.8%$249,000
    2014$2,097 +3.1%$249,000 +18.6%
    2012$2,033 +2.6%$209,900 -22.4%
    2011$1,982 +3.8%$270,400
    2010$1,909 +4.4%$270,400
    2009$1,828 -6.2%$270,400
    2008$1,948 +101%$270,400 +38.8%
    2007$969 $194,800
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $606,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $606,800