NOT LISTED FOR SALE

101 E Atlantic Blvd Unit 1 Ocean City, NJ 08226

Estimated Value: $910,000

3 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $522,500

Est. 74% increase in value since last sale

Current estimated payment $5,212/month

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Laundry Room

About This Home

As of October 2020

Charming beach condo in one of Ocean City's most desirable locations, the Gardens. This 1st floor 3 BR, 2 BA unit is only a short walk to some of the most spectacular beaches on the island. Highlights include a spacious front deck with new awnings, an open layout with great sight-lines through the kitchen, living room and dining area, an updated kitchen with white shaker style cabinets and stainless appliances, plus gas heat and central air. There is off street parking and a garage with ample storage space, maintenance free vinyl siding, vinyl railings and a great outdoor shower. This updated classic is a great place to start your Ocean City story. Easy to show!

Last Agent to Sell the Property

Brian Logue

BHHS FOX and ROACH-Simpson OC Listed on: 09/10/2020

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1931

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,415

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 09/10/2020
  • Year Built: 1931
  • Age: 25+ Years
  • 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: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room, Master Br On 1st Floor
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 16, 2020
Sold by
Martino Joseph A and Martino Amy M
Bought by
Brown Douglas W and Brown Helen B
Seller's Agent
Brian Logue
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$514,900
Sold Price
$522,500
Premium/Discount to List
$7,600
1.48%
Current Estimated Value
$910,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,500
Avg. Annual Appreciation
11.91%
Original Mortgage
$387,500
Outstanding Balance
$344,032
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$565,968

Purchase Details

Closed on
Nov 15, 2013
Sold by
Mcnally Bernadette and Hicks Paul
Bought by
Mcmenamin Ryan and Recentio Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Mcnally Bernadette
Bought by
Mcnally Bernadette and Hicks Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.17%
Mortgage Type
New Conventional
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
Brown Douglas W $522,500 Surety Title
Mcmenamin Ryan $320,000 None Available
Mcnally Bernadette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Douglas W $387,500
Previous Owner Mcmenamin Ryan $175,000
Previous Owner Mcnally Bernadette $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $522,500 +1.5% --
09/15/2020 09/15/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $514,900 +18.4% --
03/08/2020 03/08/20 Sold $435,000 -2.2% -- View Prior Sale
01/16/2020 01/16/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $444,900 -3.3% --
10/25/2019 10/25/19 For Sale $459,900 -- --
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 $4,415 $393,500 $274,500 $119,000
2024 $4,415 $393,500 $274,500 $119,000
2023 $4,214 $393,500 $274,500 $119,000
2022 $4,049 $393,500 $274,500 $119,000
2021 $3,937 $393,500 $274,500 $119,000
2020 $3,832 $391,800 $274,500 $117,300
2019 $3,789 $391,800 $274,500 $117,300
2018 $3,753 $391,800 $274,500 $117,300
2017 $3,695 $391,800 $274,500 $117,300
2016 $3,554 $391,800 $274,500 $117,300
2015 $3,507 $391,800 $274,500 $117,300
2014 $3,456 $391,800 $274,500 $117,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541864

South Jersey Shore Regional MLS

APN: 08-00070-34-00006-0000-C1