NOT LISTED FOR SALE

106 Reef Dr Unit 97 Ocean City, NJ 08226

Estimated Value: $817,000 - $1,179,000

3 Beds
3 Baths
-- Sq Ft
610 Sq Ft Lot

Last Sold September 20, 2024

Last sale price $999,999

Current estimated payment $5,698/month

6 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Ocean City Primary School Rated A
  • Unit is on the top floor
  • Deck

About This Home

As of September 2024

Beautiful Completely Remodeled (2021), 3 Bedroom, 3 Bath Townhome, with Tons of Storage, Facing Open Bay In Ocean Reef Development, the Best Kept Secret in Ocean City; From the Balcony View Fantastic Sunsets, the Boat Slip (That is Included at This Price), The Waterways and the Night in Venice Boat Parade Turns Around at the Balcony; It is the Best Seat in the House; Perfect Location in Development with 8 Guest Spots Outside the Building; Also There are 2 Designated Spots for This Townhome, One Right Outside the Building and the Other One on the Side; There is Never a Problem with Parking For Guests; Ocean Reef Amenities Include 2 Pools, One for Children and One for Adults, Outdoor Shower, Tennis Court, 2 Pickleball Courts, Kayak Storage and Ramp/Decking to Launch, a Yacht Club with 3 Sets of 10 Boat Slips; Ocean Reef is Located Off of Tennessee Ave, Which is Between 23rd and 22nd Streets off Bay Ave and Backs up to Municipal Park; Situated in Building 23, this Townhome Has Ease of Entry with a Combination Door Lock That Can be Assessed Remotely; Also Ring Camera Stays with Home, Great For Monitoring; Private Entrance with Bike Storage Under the Steps; The Entire Townhouse was Remodeled in 2021- Bathrooms, Kitchen, Luxury Vinyl Plank Flooring, Tile Flooring (no Carpeting) and All New Windows (2023) Except for the Kitchen Dining Area Triple Windows; Enter Into the Foyer with Tile Floor, Coat Closet; Full Bathroom with Stall Shower Off Foyer with Tile Floors and Walls, Custom Vanity with Quartz Top; 2 Story Family Room with Vaulted Ceiling, New Queen Sofa Bed, Blackout Curtains, Lighted Ceiling Fans, Built-In Bar/TV Cabinet, Sony TV with Sonos Speakers, Electric Fireplace, 8 Foot Sliders to Deck and Portico Windows; Large Deck Faces the Open Bay, Very Relaxing, with a Storage Closet Great for Beach Toys; Kitchen/Dining Area was Expanded and Opened with Quartz Coutners, Subway Backsplash, Custom Cabinets, Upgraded SS Appliances and Refrigerator, Hot/Cold Water Dispenser, Tons of Cabinets, Pantry Closet, Built-ins, Triple Windows with Views of the Open Bay and Sunsets, Recessed Lighting and Lighted Ceiling Fan; Second Bedroom with Full Bath, Linen Closet, Walk In Closet with Organizers, Lighted Ceiling Fan, New Sliding Doors to Private Deck to Relax; Second Bedroom Bathroom was Completed Gutted with Tile Floors and Walls, Custom Vanity and Lighting, Clear Glass Sliding Door in Shower and a Large Closet; Third Bedroom with 4 Bunk Beds, Recessed Lighting, New Windows, Closet with Organizers, and a Brand New Electrical Panel (Wall will Be Fixed around the panel); Spiral Staircase to the Amazing 2nd Floor with a Loft Office/Workout Area Overlooks the Entire Family Room and Kitchen Dining Area and Outside, Tons of Natural Light, with a Skylight; Laundry Room Closet with Full Stackable Front Loading Washer and Dryer (2021) and has a Vanity with a Sink, Water Heater(2021); Huge Master Bedroom with Vaulted Ceiling, TV and Sonos Bar, Electric Fireplace, Lighted Ceiling Fan, Newer Pottery Barn King Bed/Furniture, New Windows & Curtains, Full Wall of Closets & Storage Above; Master Bath with 8x5 Walk In Shower with Clear Glass Doors, 3 Shower Heads & a Slate Seat, Tiled Floors and Walls, High End Vanity/Cabinets & Portico Windows for Natural Light and View of the Fam Rm/Kitchen; WalkIn Attic with Built in Cabinets for Storage, and Tools; Boat Slip and Dock Box is Included and Has a Separate Parcel#, in the A-Dock Slip 7, Dues Were 1000 in 2024 and Only the Dock Owners are Permitted on Dock for the Parade or at Any Time; Owner is a NJ Licensed Realtor; This Home Will Not Last!!! Certified Pre-Owned Home Has Been Pre-Inspected, Report Available in MLS Downloads, See What Repairs Have Been Made If Any!

Last Agent to Sell the Property

Diane Cardano-Casacio

eXp Realty - Montclair Listed on: 06/06/2024

eXp Realty - Montclair

Last Buyer's Agent

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 1985

Lot Details

  • 610

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Drapes & Rods
  • Entrance Foyer
  • Dining Room
  • Recreation Room
  • Loft
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor
  • Unit is on the top floor

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,131

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Curtains, Drapes, Furnished
  • Lvt Date: 06/06/2024
  • Year Built: 1985
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: More Than 1
  • Bedrooms: 3
  • Bedroom 1: Size: 23x15, On Level: Upper
  • Bedroom 2: Size: 18x15, On Level: Main
  • Bedroom 3: Size: 12x10, On Level: Main
  • Full Bathrooms: 3
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Main
  • Family Room: Size: 15x13, On Level: Main
  • Kitchen: Size: 22x13, On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room, Loft, Recreation/Family
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Dock/Boat Slip, Pool, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Stucco, Wood

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Maintenance, Management, Pool
  • Condo Name: Ocean Reef
  • Management: Association

Lot Info

  • Location: Bay Front, Docks

Rental Info

  • Pets: No Pets Allowed

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 9, 2024
Sold by
Cardano-Casacio Diane and Casacio Stanley
Bought by
Catalano Russell and Catalano Christina
Seller's Agent
Diane Cardano-Casacio
eXp Realty - Montclair
Buyer's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
List Price
$999,999
Sold Price
$999,999
Views
17
Current Estimated Value
$1,004,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,874
Avg. Annual Appreciation
0.50%

Purchase Details

Closed on
Oct 20, 2002
Sold by
Eni Louis J
Bought by
Casacio Stanley A and Casacio Diane Cardano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.88%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Swartley Athena
Bought by
Eni Louis

Purchase Details

Closed on
Dec 26, 1990
Sold by
Laspas Angela
Bought by
Swartley Athena M
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
Catalano Russell $949,999 None Listed On Document
Catalano Russell $949,999 None Listed On Document
Catalano Russell $949,999 None Listed On Document
Catalano Russell $50,000 Atrium Executive Abstract
Catalano Russell $50,000 Atrium Executive Abstract
Casacio Stanley A $380,000 --
Eni Louis $200,000 --
Swartley Athena M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casacio Stanley A $420,000
Previous Owner Casacio Stanley A $395,000
Previous Owner Casacio Stanley A $387,210
Previous Owner Casacio Stanley A $406,250
Previous Owner Casacio Stanley A $180,000
Previous Owner Casacio Stanley A $180,000
Previous Owner Casacio Stanley A $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $999,999 0.0% --
06/12/2024 06/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $999,999 -- --
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 $4,131 $461,200 $178,000 $283,200
2024 $4,131 $368,200 $178,000 $190,200
2023 $3,943 $368,200 $178,000 $190,200
2022 $3,789 $368,200 $178,000 $190,200
2021 $2,738 $368,200 $178,000 $190,200
2020 $3,601 $368,200 $178,000 $190,200
2019 $3,560 $368,200 $178,000 $190,200
2018 $3,527 $368,200 $178,000 $190,200
2017 $3,472 $368,200 $178,000 $190,200
2016 $3,340 $368,200 $178,000 $190,200
2015 $3,295 $368,200 $178,000 $190,200
2014 $3,248 $368,200 $178,000 $190,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 585925

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C97