NOT LISTED FOR SALE

1 Walnut Rd Ocean City, NJ 08226

Estimated Value: $2,962,000 - $4,626,000

5 Beds
3.5 Baths
3,685 Sq Ft
$997/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $1,350,000 $366 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $21,307/month

307 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a lagoon or estuary
  • Recreation Room
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2014

Awesome Home w/numerous upgrades: All level elevator, beautiful hrdwd flooring, Awesome garage, amazing chef's kitchen adorned in fabulous granite countertops, 3 zone heating & cooling sys, custom cabinetry, surround sound & security sys, 4/5 BR(3rd floor Bonus/5th BR), 3.5 BA, maintenance free decks, fully fenced in yard, koi pond & beautiful landscaping. Large Hot Tub Included & MOSTLY FURNISHED W/ EXCEPTIONS. Survey in Associated Docs.

Last Agent to Sell the Property

Kevin Decosta

BHHS FOX and ROACH-109 34th OC Listed on: 09/28/2013

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kevin Decosta

BHHS FOX and ROACH-109 34th OC Listed on: 09/28/2013

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,579

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 63x112
  • Home fronts a lagoon or estuary
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Furnished
  • Gas Log Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,579

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Shades
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Handicap Features, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Handicap Access, Outside Shower, Paved Road, Pool-In Ground, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Lagoon Front
  • Lot Dimensions: 63x112
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Gault Robert J and Gault Kathleen
Bought by
Gault Robert J and Gault Kathleen
Current Estimated Value
$3,674,633

Purchase Details

Listed on
Sep 28, 2013
Closed on
Sep 29, 2014
Sold by
Bobe Randolph T and Bobe Kathleen J
Bought by
Gault Robet Joseph and Gault Kathleen
Seller's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2008
Sold by
Broadley Huff Development Llc
Bought by
Bobe Randolph T and Bobe Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2005
Sold by
Stoeco Development Ltd
Bought by
Broadley Huff Development Llc

Purchase Details

Closed on
Jan 16, 2004
Sold by
Minnich Lawrence and Minnich Kathleen
Bought by
Broadley Huff Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Corr Gerald J
Bought by
Minnich Lawrence and Minnich Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
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
Gault Robert J $2,237,000 --
Gault Robet Joseph $1,350,000 None Available
Bobe Randolph T $1,160,000 None Available
Broadley Huff Development Llc -- --
Broadley Huff Development Llc $610,000 --
Minnich Lawrence $550,000 --
Minnich Lawrence $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gault Robet Joseph $400,000
Previous Owner Bobe Randolph T $65,000
Previous Owner Bobe Randolph T $870,000
Previous Owner Broadley Huff Development Llc $400,000
Previous Owner Minnich Lawrence $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $1,350,000 0.0% $366 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
09/28/2013 09/28/13 For Sale $1,350,000 -- $366 / Sq Ft
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 $22,579 $2,012,400 $1,220,100 $792,300
2024 $22,579 $2,012,400 $1,220,100 $792,300
2023 $21,450 $2,002,800 $1,220,100 $782,700
2022 $20,609 $2,002,800 $1,220,100 $782,700
2021 $20,080 $2,002,800 $1,220,100 $782,700
2020 $19,587 $2,002,800 $1,220,100 $782,700
2019 $11,941 $1,234,900 $471,700 $763,200
2018 $11,830 $1,234,900 $471,700 $763,200
2017 $11,645 $1,234,900 $471,700 $763,200
2016 $11,201 $1,234,900 $471,700 $763,200
2015 $11,052 $1,234,900 $471,700 $763,200
2014 $10,892 $1,234,900 $471,700 $763,200
Source: Public Records

Agents Affiliated with this Home

  • Kevin Decosta

    Seller's Agent in 2014

    Kevin Decosta

    BHHS Fox & Roach

    (609) 602-2627

    77 in this area

    91 Total Sales

    Kevin Decosta
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 418219

South Jersey Shore Regional MLS

APN: 08-01911-0000-00035

New Jersey Cape May County Ocean City 08226

1 Walnut Rd, Ocean City, NJ

This home is located at 1 Walnut Rd, Ocean City, NJ 08226 since 28 September 2013 and is currently estimated at $3,674,633, approximately $997 per square foot. This property was built in 2005. 1 Walnut Rd is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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