$610,000
SOLD SEP 27, 2021

1 Mgm Way Ocean View, NJ 08230

4 Beds
2 Baths
3,450 Sq Ft
4.02 Acres

Recently Sold

$177 Per Sq Ft

3% Below List Price

346 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Den
  • Wood Flooring
  • Great Room
  • Breakfast Area or Nook

About This Home

As of July 2024

This home is located at 1 Mgm Way, Ocean View, NJ 08230 and is currently priced at $610,000, approximately $176 per square foot. This property was built in 2007. 1 Mgm Way is a home located in Cape May County with nearby schools including Upper Township Primary School, Upper Township Elementary School, and Upper Township Middle School.

Last Agent to Sell the Property

WILLIAM MACK, JR.

BERKSHIRE HATHAWAY HS FOX & ROACH oc109 Listed on: 09/25/2020

BERKSHIRE HATHAWAY HS FOX & ROACH oc109

Last Buyer's Agent

Kevin Redmond

LONG & FOSTER REAL ESTATE, INC - OC License #0457511

LONG & FOSTER REAL ESTATE, INC - OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,020

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 175 x 283
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Den
  • Storage
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 82.09 / 565.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,020

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 11-Upper Township
  • Near: Elizabeth Lane
  • Estimated Year Built: 2007
  • New Construction: No
  • Second Address Number: 1
  • Lot Size2: 175 X 283
  • Price per Sq Ft: 176.81
  • Selling Agent1: 3788
  • Selling Office1: 652
  • OFFICELIST_STATE: NJ
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Storage, Wall to Wall Carpet, Whirlpool, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Full
  • Estimated Living Sq Ft: 3450
  • Other Rooms: Dining Room, Den/TV Room, Eat-In-Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Great Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: yellow
  • Outside Features: Deck, Porch, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Attached, Auto Door Opener, Concrete Driveway, Black Top Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Sewer: Private
  • Water: Public

Lot Info

  • Lot Number: 82.09
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 472000
  • Zoning: R

Tax Info

  • Taxes: 9020
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jul 30, 2024
Sold by
Lackey John W and Lackey Kimberly A
Bought by
Denicola Eric and Denicola Meredith
Seller's Agent
Kevin Redmond
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$699,900
Sold Price
$665,000
Premium/Discount to List
-$34,900
-4.99%
Views
158
Current Estimated Value
$738,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,056
Avg. Annual Appreciation
10.99%

Purchase Details

Listed on
Sep 25, 2020
Closed on
Sep 27, 2021
Sold by
Monteleone Debra
Bought by
Lackey John W and Lackey Kimberly A
Seller's Agent
WILLIAM MACK, JR.
BERKSHIRE HATHAWAY HS FOX & ROACH oc109
Buyer's Agent
Kevin Redmond
LONG & FOSTER REAL ESTATE, INC - OC
List Price
$629,900
Sold Price
$610,000
Premium/Discount to List
-$19,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Llc Associates Llc
Bought by
Monteleone Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.27%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 2005
Sold by
Dethomasis & Levari Inc
Bought by
Llc Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $665,000 Shore Title
Deed $610,000 None Available
Deed -- None Available
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,528 Credit Line Revolving
Previous Owner $293,520 New Conventional
Previous Owner $312,000 Unknown
Previous Owner $315,000 Negative Amortization
Previous Owner $500,000 Unknown
Previous Owner $260,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $665,000 -0.6% $554 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $669,000 -3.0% $558 / Sq Ft
05/22/2024 05/22/24 Price Changed $689,900 -1.4% $575 / Sq Ft
03/18/2024 03/18/24 For Sale $699,900 +14.7% $583 / Sq Ft
09/27/2021 09/27/21 Sold $610,000 -3.2% $177 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $629,900 -- $183 / Sq Ft
Source: Cape May County Association of REALTORS®

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
2024 $10,832 $472,000 $143,100 $328,900
2023 $10,299 $472,000 $143,100 $328,900
2022 $9,954 $472,000 $143,100 $328,900
2021 $9,605 $472,000 $143,100 $328,900
2020 $9,242 $472,000 $143,100 $328,900
2019 $9,020 $472,000 $143,100 $328,900
2018 $8,789 $472,000 $143,100 $328,900
2017 $8,690 $472,000 $143,100 $328,900
2016 $8,826 $472,000 $143,100 $328,900
2015 $8,595 $472,000 $143,100 $328,900
2014 $6,628 $445,700 $171,100 $274,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211966

Cape May County Association of REALTORS®

APN: 11-00565-03-00082-09