NOT LISTED FOR SALE

10 Michigan Ave Ocean City, NJ 08226

Estimated Value: $1,241,703 - $1,408,000

3 Beds
1.5 Baths
-- Sq Ft
5,489 Sq Ft Lot Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $870,000

Est. 51% increase in value since last sale

Current estimated payment $7,464 / mo

Highlights

  • Deck
  • Living Room with Fireplace
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Ranch Style House
  • 1.5 Car Detached Garage

About This Home

As of October 2021

Charming single family ranch style home within walking distance to OC Aquatic Center & Library. Located in a desirable neighborhood this property features 3 bedrooms, 1 bath, cathedral ceilings, detached garage, and central air. Great outdoor space with fenced in yard, back deck, side covered deck and a long driveway to a detached garage.

Last Agent to Sell the Property

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 08/13/2021

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Suzanne Hampton

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 55 x 100
  • Fenced

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Storm Screens

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Lot Details

5,489 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Laminate Flooring, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Skylight(s)
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car, Detached Garage
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 55 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 1, 2021
Sold by
Angelini John and Marconi Paul
Bought by
Perez Luis R and Perez Joanne D
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Suzanne Hampton
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$849,900
Sold Price
$870,000
Premium/Discount to List
$20,100
2.36%
Current Estimated Value
$1,312,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,426
Avg. Annual Appreciation
9.37%
Original Mortgage
$620,000
Outstanding Balance
$565,382
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$747,044

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 21, 2016
Sold by
Mita Elizabeth A and Mita Pauline N
Bought by
Angelini John and Marconi Paul
Seller's Agent
Michael Hoffman
MARR AGENCY
Buyer's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%
Original Mortgage
$360,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jul 17, 2012
Sold by
Gallagher Kevin P
Bought by
Mita Elizabeth A and Mita Pauline N
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Michael Hoffman
MARR AGENCY
List Price
$431,300
Sold Price
$431,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%

Purchase Details

Closed on
Sep 14, 1999
Sold by
Hoffman Robert
Bought by
Gallagher Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.1%

Purchase Details

Closed on
Sep 29, 1989
Sold by
Balsley David and Balsley Eleanor
Bought by
Shaw Henrietta

Purchase Details

Closed on
Dec 29, 1988
Sold by
Balsley David
Bought by
Balsley David and Balsley Eleanor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Luis R $870,000 None Available
Angelini John $450,000 None Available
Mita Elizabeth A $431,300 Foundation Title Llc
Gallagher Kevin P $215,000 --
Shaw Henrietta $170,000 --
Balsley David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luis R $620,000
Previous Owner Angelini John $360,000
Previous Owner Gallagher Kevin P $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $870,000 +2.4% --
08/13/2021 08/13/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $849,900 +88.9% --
10/21/2016 10/21/16 Sold $450,000 0.0% -- View Prior Sale
09/03/2016 09/03/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $450,000 +4.3% --
07/17/2012 07/17/12 Sold $431,300 0.0% -- View Prior Sale
07/09/2012 07/09/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $431,300 -- --
Source: South Jersey Shore Regional MLS

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 $6,071 $541,100 $401,500 $139,600
2024 $6,071 $541,100 $401,500 $139,600
2023 $5,795 $541,100 $401,500 $139,600
2022 $5,568 $541,100 $401,500 $139,600
2021 $4,329 $430,700 $401,500 $29,200
2020 $4,212 $430,700 $401,500 $29,200
2019 $4,165 $430,700 $401,500 $29,200
2018 $4,126 $430,700 $401,500 $29,200
2017 $4,062 $430,700 $401,500 $29,200
2016 $3,906 $430,700 $401,500 $29,200
2015 $3,855 $430,700 $401,500 $29,200
2014 $3,799 $430,700 $401,500 $29,200
Source: Public Records

Agents Affiliated with this Home

  • Peter Madden

    Seller's Agent in 2021

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    124 in this area

    144 Total Sales

    Peter Madden
    Section Image
  • Suzanne Hampton

    Buyer's Agent in 2021

    Suzanne Hampton

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (215) 840-3971

    15 in this area

    17 Total Sales

    Suzanne Hampton
    Section Image
  • Michael Hoffman

    Seller's Agent in 2016

    Michael Hoffman

    MARR AGENCY

    (609) 432-8890

    18 in this area

    25 Total Sales

    Michael Hoffman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554287

South Jersey Shore Regional MLS

APN: 08-01815-0000-00006

New Jersey Cape May County Ocean City 08226

10 Michigan Ave, Ocean City, NJ

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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