NOT LISTED FOR SALE

1 Nassau Rd Ocean City, NJ 08226

Estimated Value: $1,893,000 - $3,449,000

4 Beds
4.5 Baths
-- Sq Ft
3,223 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $1,237,530

Est. 138% increase in value since last sale

Current estimated payment $16,979/month

80 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Multiple Fireplaces
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2016

This bright and spacious three story home is just one house off of ocean front with so much to offer! The ground floor level is perfect for entertaining with a large family room complete with a bar, gas fireplace and easy access to a private slate patio. The second floor includes the first of two master bedroom suites complete with walk in closet and private spa bath. This suite also boasts one of many terraces with ocean views. The second floor also includes 2 more bedrooms, another full bathroom plus a washer & dryer. The true center of activity of the house takes place on the top floor. Here, family and friends gathering can share remarkable views in the gracious kitchen and dining area all blending together in an open great room with fireplace. The 2nd master bedroom suite is on this floor complete with walk in closet and a very alluring spa bath with a whirlpool tub plus another terrace with beach views. Additional highlights include magnificent views from the roof top deck and all the outside terraces, great outdoor entertaining space, a two car garage plus off street parking and just steps to the beach! This home is being sold completely furnished, inside and out and with a garage full of extras including bicycles, rafts and more to help make your summers enjoyable! Previously rented for $5,500 per week. EASY TO SHOW!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 02/15/2016

NEW ERA REAL ESTATE-B

Last Buyer's Agent

MICHAEL ALLEGRETTO

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,162

Lot Details

  • Lot Dimensions are 40' x 80'
  • Building is beachfront but unit may not have water views

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Great Room
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,162

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 11 To 15 Years
  • Also Includes: Blinds, Fireplace Equipment, Furnished, Rugs
  • Lvt Date: 02/15/2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, More Than 1
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Whirlpool
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Upper
  • Family Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Powder Room Level: Upper
  • Other Rooms: Eat In Kitchen, Great Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Outside Shower, Patio, Paved Road, Sidewalks
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 40' x 80'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 26, 2016
Sold by
Hunter Elizabeth Mc Kenna and Donahue Patricia
Bought by
Sawka Gregory and Sawka Karen
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
MICHAEL ALLEGRETTO
BHHS FOX and ROACH-109 34th OC
List Price
$1,237,530
Sold Price
$1,237,530
Current Estimated Value
$2,948,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,906
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Jan 5, 2004
Sold by
Cavanaugh Michael F and Cavanaugh Elizabeth Anne
Bought by
Hunter Elizabeth Mckenna and Donahue Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2003
Sold by
Cavanaugh Michael F
Bought by
Hunter Elizabeth Mckenna and Donahue Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.88%

Purchase Details

Closed on
Sep 17, 2001
Sold by
Carter Stephen M
Bought by
Cavanaugh Michael F and Cavanaugh Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.98%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Paul John
Bought by
Carter Stephen and Carter Joy

Purchase Details

Closed on
Dec 20, 1997
Sold by
Schenk Paul G
Bought by
Paul John and Paul Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
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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
Sawka Gregory $1,237,530 None Available
Hunter Elizabeth Mckenna $1,312,500 --
Hunter Elizabeth Mckenna $1,312,500 --
Cavanaugh Michael F $850,000 --
Carter Stephen $230,000 --
Paul John $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Elizabeth Mckenna $235,000
Previous Owner Hunter Elizabeth Mckenna $235,000
Previous Owner Cavanaugh Michael F $680,000
Previous Owner Paul John $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $1,237,530 0.0% --
05/05/2016 05/05/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $1,237,530 -- --
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 $16,162 $1,440,500 $708,200 $732,300
2024 $16,162 $1,440,500 $708,200 $732,300
2023 $15,428 $1,440,500 $708,200 $732,300
2022 $14,823 $1,440,500 $708,200 $732,300
2021 $10,746 $1,440,500 $708,200 $732,300
2020 $14,088 $1,440,500 $708,200 $732,300
2019 $13,930 $1,440,500 $708,200 $732,300
2018 $13,800 $1,440,500 $708,200 $732,300
2017 $13,584 $1,440,500 $708,200 $732,300
2016 $13,065 $1,440,500 $708,200 $732,300
2015 $12,892 $1,440,500 $708,200 $732,300
2014 $12,705 $1,440,500 $708,200 $732,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 462837

South Jersey Shore Regional MLS

APN: 08-00070-40-00001