NOT LISTED FOR SALE

1 Madaket Ct Ocean City, NJ 08226

Estimated Value: $532,000 - $554,397

2 Beds
2 Baths
-- Sq Ft
5.47 Acres

Last Sold July 26, 2013

Last sale price $248,000

Est. 119% increase in value since last sale

Current estimated payment $3,080/month

35 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Central Air
  • Ocean City Primary School Rated A
  • Community Pool
  • Ceiling Fan

About This Home

As of July 2013

Desirable Nantucket 1st floor corner unit condo. Unit features: 2 Bedrooms, 2 Baths, Large living space, NEW Wall to Wall carpet & NEW paint, Central Air, rear patio, 2 Assigned parking spots, Pool onsite w/pool house and reliable condo management. New siding and rails. Call for more info!

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 05/10/2013

Last Buyer's Agent

PATRICIA CAREY

RE/MAX AT THE SHORE License #9911396

RE/MAX AT THE SHORE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1985

Lot Details

  • 5.47

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management
  • Nantucket Condos

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,618

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1985
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management
  • Condo Name: Nantucket
  • Management: Association

Multi Family

  • Unit Features: Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Jul 26, 2013
Sold by
The Estate Of Mary C Ferry and Ferry James J
Bought by
Shotwell Robert and Shotwell Barbara Ann
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
PATRICIA CAREY
RE/MAX AT THE SHORE
List Price
$248,000
Sold Price
$248,000
Current Estimated Value
$544,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,099
Avg. Annual Appreciation
6.62%
Original Mortgage
$198,400
Outstanding Balance
$147,071
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$397,029

Purchase Details

Closed on
Apr 30, 2001
Sold by
Brennan Grace M
Bought by
Ferry Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.88%
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
Shotwell Robert $248,000 North American Title
Ferry Mary C $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shotwell Robert $198,400
Previous Owner Ferry Mary C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $248,000 0.0% --
06/14/2013 06/14/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $248,000 -- --
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 $2,618 $233,300 $98,600 $134,700
2024 $2,618 $233,300 $98,600 $134,700
2023 $2,499 $233,300 $98,600 $134,700
2022 $2,401 $233,300 $98,600 $134,700
2021 $1,740 $233,300 $98,600 $134,700
2020 $2,282 $233,300 $98,600 $134,700
2019 $2,256 $233,300 $98,600 $134,700
2018 $2,235 $233,300 $98,600 $134,700
2017 $2,200 $233,300 $98,600 $134,700
2016 $2,116 $233,300 $98,600 $134,700
2015 $2,088 $233,300 $98,600 $134,700
2014 $2,058 $233,300 $98,600 $134,700
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2013

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    105 in this area

    116 Total Sales

    RONALD C GIFFORD JR.
    Section Image

  • P

    Buyer's Agent in 2013

    PATRICIA CAREY

    RE/MAX

    (609) 432-2606

    1 in this area

    1 Total Sale

    PATRICIA CAREY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 411216

South Jersey Shore Regional MLS

APN: 08-02707-0000-00002-0000-C7

New Jersey Cape May County Ocean City 08226

1 Madaket Ct, Ocean City, NJ

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