NOT LISTED FOR SALE

102 Easterly Dr Ocean City, NJ 08226

Estimated Value: $674,000 - $902,000

3 Beds
2 Baths
-- Sq Ft
653 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $760,000

Est. 8% increase in value since last sale

Current estimated payment $4,771/month

13 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Clubhouse
  • Ocean City Primary School Rated A
  • Unit is on the top floor
  • Cathedral Ceiling

About This Home

As of December 2023

Welcome to 102 Easterly Drive, a renovated 2nd floor bright and airy 3 bedroom, 2 bathroom condo with relaxing bay and tree top views, a wrap around porch and corner windows that make you feel like you're at home and on vacation at the same time. With approx 1300+ Sq. feet of living space, this condo has vaulted ceilings, a remodeled kitchen which overlooks a separate dining area and a large open living room with a gas fire place. The specious primary bedroom has a walk-in closet and a remodeled, double vanity, tiled en suite bathroom, and its own balcony. A long hallway provides separation to two additional bedrooms and another large remodeled bathroom. Light colored engineered hardwood, granite counter tops and newer cabinetry make this a turnkey opportunity. Ocean Reef showcases beautiful landscaped grounds with plenty of grassy areas, 2 large pools, tennis courts, a large club house, and 30 boat slips available only to condo residents.

Last Agent to Sell the Property

Lindsay Monihan

MONIHAN REALTY Listed on: 09/20/2023

Co-Listed By

Chris Monihan

MONIHAN REALTY

Last Buyer's Agent

ANDREW MOON

MARR AGENCY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,980

Lot Details

  • 653

Home Design

  • Wood Siding
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Water Views
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

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

Additional Features

  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash, pool
  • Ocean Reef Condos

Amenities

  • Building Patio
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pet Restriction

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,980

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Partially Furnished, Rugs
  • Lvt Date: 09/21/2023
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Storage Attic
  • Common Area Features: Bulkheaded, Clubhouse/Clubroom, Dock/Boat Slip, Patio, Pool, Security, Storage Facility

Exterior Features

  • Siding Exterior: Shingle, Stucco, Wood

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash, Pool
  • Condo Name: Ocean Reef
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Docks, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2017
Sold by
Pennacchia Raymond J and Pennacchia Lisa M
Bought by
Wren Karin
Current Estimated Value
$821,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 24, 2013
Sold by
Kennedy Alan D and Alan D Kennedy Family Living T
Bought by
Pennacchia Raymond J and Pennacchia Lisa M
Seller's Agent
John Dean
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Stephen Booth
BHHS FOX and ROACH-109 34th OC
List Price
$307,000
Sold Price
$307,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$245,600
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1996
Sold by
Meyers Stacy and Meyers Ruth
Bought by
Kennedy Alan

Purchase Details

Closed on
Mar 28, 1995
Sold by
Kravitz Donald
Bought by
Myers Stacey and Myers Ruth

Purchase Details

Closed on
Jun 18, 1994
Sold by
Kravitz Donald P
Bought by
Campbell Robert E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wren Karin $380,000 None Available
Pennacchia Raymond J $307,000 Old Republic National Title
Kennedy Alan $175,950 --
Myers Stacey $162,000 --
Campbell Robert E $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harwell Jennifer L $388,493
Open Fenton Christie A $828,750
Closed Wren Karin $200,000
Previous Owner Pennacchia Raymond J $245,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $760,000 -1.2% --
09/20/2023 09/20/23 For Sale $769,000 +150.5% --
09/13/2013 09/13/13 Sold $307,000 0.0% --
07/29/2013 07/29/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $307,000 -- --
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 $3,980 $354,700 $124,800 $229,900
2024 $3,980 $354,700 $124,800 $229,900
2023 $3,799 $354,700 $124,800 $229,900
2022 $3,650 $354,700 $124,800 $229,900
2021 $2,341 $354,700 $124,800 $229,900
2020 $3,469 $354,700 $124,800 $229,900
2019 $3,430 $354,700 $124,800 $229,900
2018 $3,398 $354,700 $124,800 $229,900
2017 $3,050 $323,400 $124,800 $198,600
2016 $2,933 $323,400 $124,800 $198,600
2015 $2,894 $323,400 $124,800 $198,600
2014 $2,852 $323,400 $124,800 $198,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 578055

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C111