$999,999
SOLD SEP 20, 2024

106 Reef Dr Ocean City, NJ 08226

3 Beds
3 Baths
1,700 Sq Ft
$588/mo HOA Fee

Recently Sold

$588 Per Sq Ft

4 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Marina
  • Pier or Dock
  • Ocean City Primary School Rated A
  • 1 Dock Slip
  • Access to Tidal Water

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, Which is the 4th Slip on Your Right Walking Down from the Property; The A-Dock is the First One on the Left; Yacht Club Dues Were 1000 in 2024 and Only the Dock Owners are Permitted on Dock for the Parade or at Any Time; Heater & AC 2013; 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, LLC Listed on: 06/07/2024

EXP Realty, LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1985 | Remodeled in 2022

Lot Details

  • 80 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Backs To Open Common Area
  • West Facing Home
  • Sprinkler System
  • Boat Slip Valued at 60k;
  • Property is in excellent condition

HOA Fees

  • $588 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Curved or Spiral Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Electric Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Loft
  • Bay Views
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Electric Washer and Dryer

Home Security

  • Motion Detectors
  • Flood Lights

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • Cabana
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property near a bay
  • Sun Deck
  • Personal Watercraft
  • Sail
  • Dock has a Storage Area
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Composite Material
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • Electric Motor Boats Only
  • Deck
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Ocean City Intermediate Middle School
  • Ocean City High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • High-Efficiency Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 08-03350-00015-C97

Community Details

Overview

  • $2,500 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pier/dock maintenance, trash, pool(s), parking fee
  • Ocean Reef Club Condominium Association Condos
  • Ocean Reef Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • 30 Community Slips
  • 1 Community Docks
  • Marina
  • Tennis Courts
  • Community Pool or Spa Combo
  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,021

Year Built

Built in 1985 | Remodeled in 2022

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Pictures and Floor Lamp in Dining Area, Mirror in Foyer Bath.
  • Historic: No
  • Inclusions: Washer, dryer, refrigerator, 2 TVs with Sono Bar and Mounts(Fam Rm and Master BR), 2nd Bedroom TV and Mount, Fully furnished except Pictures and Floor Lamp in Dining Area, Mirror in Foyer Bath; 2 Person Kayak; All Beach equipment; Boat Grille
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-06-07
  • Year Built: 1985
  • Year Renovated: 2022
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: 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, Which is the 4th Slip on Your Right Walking Down from the Property; The A-Dock is the First One on the Left; Yacht Club Dues Were 1000 in 2024 and Only the Dock Owners are Permitted on Dock for the Parade or at Any Time; Heater & AC 2013; 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!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Oven - Self Cleaning, Oven/Range - Electric, Built-In Microwave, Built-In Range, Disposal, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Icemaker, Instant Hot Water, Range Hood, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater, Water Heater - High-Efficiency
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Bathroom - Stall Shower, Upgraded Countertops, Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Spiral Staircase, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Energy Efficient, Insulated, Double Pane, Screens, Skylights, Sliding, Storm
  • Fireplace Features: Electric
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Loft, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Upper Floor, Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 588.23
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 106

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Wood Siding, Stucco
  • Exterior Features: Exterior Lighting, Flood Lights, Lawn Sprinkler, Outside Shower, Secure Storage, Sidewalks, Street Lights, Tennis Court(s), Underground Lawn Sprinkler
  • Roof: Shingle
  • Spa: No
  • View: Bay, Water
  • Water Access Features: Boat - Electric Motor Only, Canoe/Kayak, Personal Watercraft (PWC), Sail
  • Water Access: Yes
  • Water Body Name: Garnet Thorofare
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 80

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Monthly Average Electric: 100
  • Previous Twelve Months Electric Expense: 1200.00
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Motion Detectors
  • Sewer/Septic System: No Septic System, Public Sewer
  • Utilities: Under Ground
  • Monthly Water Average: 50
  • Water Previous Twelve Months: 600.00
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1764.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Ocean Reef Club Condominium Association
  • HOA Condo Co-Op Amenities: Club House, Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Picnic Area, Common Grounds, Marina/Marina Club
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pier/Dock Maintenance, Trash, Pool(s), Parking Fee
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced, Heated, Pool/Spa Combo

Fee Information

  • Capital Contribution Fee: 2500.00

Schools

  • School District: OCEAN CITY SCHOOLS
  • Middle School: OCEAN CITY INTERMEDIATE M.S.
  • High School: OCEAN CITY H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397020
  • School District Source: Listing Agent
  • High School: OCEAN CITY H.S.
  • Middle Or Junior School: OCEAN CITY INTERMEDIATE M.S.

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Boat Slip Valued at 60k;
  • Lot Features: Backs - Open Common Area, Level
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RES CONDO 6-3-3

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Multi Family

  • Mean Low Water Feet: 30
  • Waterfront Features: Shared

Tax Info

  • Tax Annual Amount: 4021.00
  • Assessor Parcel Number: 08-03350-00015-C97
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/20/2024

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 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, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$999,999
Sold Price
$999,999
Views
11
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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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 Type Sale Price Title Company
Deed $949,999 None Listed On Document
Deed $949,999 None Listed On Document
Deed $949,999 None Listed On Document
Deed $50,000 Atrium Executive Abstract
Deed $50,000 Atrium Executive Abstract
Deed $380,000 --
Deed $200,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $395,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $387,210 New Conventional
Previous Owner $406,250 Unknown
Previous Owner $180,000 Unknown
Previous Owner $180,000 Unknown
Previous Owner $304,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $999,999 0.0% $588 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $999,999 -- $588 / Sq Ft
Source: Bright 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: Bright MLS

MLS Number: NJCM2003606

Bright MLS

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