NOT LISTED FOR SALE

108 1st St Ocean City, NJ 08226

Estimated Value: $702,000 - $1,197,022

-- Bed
-- Bath
2,048 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $350,000 $171 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $5,815/month

64 Days on Market

Highlights

  • Porch
  • Eat-In Kitchen
  • Living Room
  • Ocean City Primary School Rated A
  • Patio
  • Laundry Room

About This Home

As of January 2018

Duplex with large 576+/- SF detached garage sitting on a 40 x 130 lot. Unit 1 is 960+/- SF, Unit 2 is 880+/- SF. Lots of storage for your summer toys. Building sits on the corner of 1st Street and Warwick Road and provides off-street parking. Great location and neighborhood with easy access to downtown Ocean City, boardwalk & beach. Laundry room & utility room off back of first floor. Heating system currently not working.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 08/23/2017

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,142

Lot Details

  • Lot Dimensions are 40 x 130

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Utilities

  • Heating Available
  • Separate Meters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,142

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 08/23/2017
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Outside Shower, Patio, Porch
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 40 x 130

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Dantonio Jeffrey G and Dantonio Marie C
Bought by
Yosef Avraham and Yosef Karalina N
Current Estimated Value
$1,004,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Outstanding Balance
$166,683
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$837,323

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 8, 2018
Sold by
Jjm Holdings Llc
Bought by
Dantonio Jeffrey D and Dantonio Marie C
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%

Purchase Details

Closed on
Aug 22, 2017
Sold by
Trreo Holdings Llc
Bought by
Jjm Holdings Llc

Purchase Details

Closed on
Jun 6, 2017
Sold by
Golce Trosie Llc
Bought by
Trreo Holdings Llc

Purchase Details

Closed on
May 12, 2008
Sold by
Siegfried Michael S and Peter Hugh Mclane
Bought by
Golce Trosie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2008
Sold by
Siegfried Edith S and Siegfried Michael Stephen
Bought by
Siegfried Michael Stephen and Peter Hugh Mcclain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1990
Sold by
Siegfried Edith S
Bought by
Siegfried Edith S
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
Yosef Avraham -- None Available
Dantonio Jeffrey D $350,000 The Title Company Of Jersey
Jjm Holdings Llc $150,000 North American Title Agency
Trreo Holdings Llc -- None Available
Golce Trosie Llc $402,000 None Available
Siegfried Michael Stephen -- None Available
Siegfried Edith S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yosef Avraham $181,000
Closed Yosef Avraham $181,000
Previous Owner Dantonio Jeffrey G $175,000
Previous Owner Golce Trosie Llc $80,600
Previous Owner Golce Trosie Llc $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $350,000 0.0% $171 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $350,000 -- $171 / Sq Ft
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 $4,142 $369,200 $302,400 $66,800
2024 $4,142 $369,200 $302,400 $66,800
2023 $3,954 $369,200 $302,400 $66,800
2022 $3,799 $369,200 $302,400 $66,800
2021 $3,710 $369,200 $302,400 $66,800
2020 $3,611 $369,200 $302,400 $66,800
2019 $3,570 $369,200 $302,400 $66,800
2018 $3,537 $369,200 $302,400 $66,800
2017 $3,482 $369,200 $302,400 $66,800
2016 $3,349 $369,200 $302,400 $66,800
2015 $3,304 $369,200 $302,400 $66,800
2014 $3,256 $369,200 $302,400 $66,800
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Phillips

    Seller's Agent in 2018

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    186 in this area

    276 Total Sales

    Dorothy Phillips
    Section Image
  • Francis Davish

    Buyer's Agent in 2018

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    88 in this area

    140 Total Sales

    Francis Davish
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 492782

South Jersey Shore Regional MLS

APN: 08-00110-0000-00012

New Jersey Cape May County Ocean City 08226

108 1st St, Ocean City, NJ

This home is located at 108 1st St, Ocean City, NJ 08226 since 23 August 2017 and is currently estimated at $1,004,006, approximately $490 per square foot. 108 1st St is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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