NOT LISTED FOR SALE

108 Limpet Dr Unit 108 Ocean City, NJ 08226

Estimated Value: $590,936 - $678,000

2 Beds
2 Baths
1,005 Sq Ft
7 Acres

Last Sold April 08, 2016

Last sale price $280,000 $279 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,804/month

104 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Deck
  • Community Pool

About This Home

As of April 2016

Enjoy the bay views from the front & back deck of this desirable Bluewater 1st floor condo... Unit features: 2 Bedrooms, 2 Baths, Gas heat, Central air, Ceramic tile throughout, Spacious living room w/gas fireplace, dining area and kitchen w/ breakfast bar. Enjoy the endless amenities that the condo has to offer... pool onsite, tennis courts, marina, clubhouse and bayfront deck to name a few. Unit includes carport parking, storage unit and steps to the pool and tennis courts. Easy to see...

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) License #SP-9587438 Listed on: 11/17/2015

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC License #0338620

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1981

Lot Details

  • 7

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash
  • Bluewater Condos

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,823

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1981
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned, Carport

Utilities

  • Air Conditioner: Central
  • 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
  • Condo Name: Bluewater
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Foyer, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Apr 19, 2016
Sold by
Robert Boles
Bought by
Fallon Stephen and Fallon Barbara
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$655,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,074
Avg. Annual Appreciation
9.56%
Original Mortgage
$224,000
Outstanding Balance
$180,258
Interest Rate
3.58%
Estimated Equity
$477,582

Purchase Details

Closed on
Jan 17, 2006
Sold by
Parsons William
Bought by
Boles Robert

Purchase Details

Closed on
Mar 13, 2004
Sold by
Regalbuto James J
Bought by
Lloyd Maureen B

Purchase Details

Closed on
Jan 10, 2003
Sold by
Kirsch Michael J
Bought by
Regalbuto James J and Regalbuto Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.18%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Raley Jamses G
Bought by
Kirsch Michael J and Kirsch Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.88%
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
Fallon Stephen -- --
Boles Robert -- None Available
Lloyd Maureen B $315,000 --
Lloyd Maureen B $315,000 The Title Company Of Jersey
Regalbuto James J $262,500 --
Kirsch Michael J $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Stephen $224,000
Closed Fallon Stephen --
Previous Owner Regalbuto James J $240,000
Previous Owner Regalbuto James J $236,250
Previous Owner Kirsch Michael J $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $280,000 0.0% $279 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $280,000 -- $279 / 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 $2,823 $251,600 $126,900 $124,700
2024 $2,823 $251,600 $126,900 $124,700
2023 $2,695 $251,600 $126,900 $124,700
2022 $2,589 $251,600 $126,900 $124,700
2021 $1,877 $251,600 $126,900 $124,700
2020 $2,461 $251,600 $126,900 $124,700
2019 $2,433 $251,600 $126,900 $124,700
2018 $2,410 $251,600 $126,900 $124,700
2017 $2,373 $251,600 $126,900 $124,700
2016 $2,282 $251,600 $126,900 $124,700
2015 $2,252 $251,600 $126,900 $124,700
2014 $2,219 $251,600 $126,900 $124,700
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2016

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    115 in this area

    127 Total Sales

    Section Image
  • Michael Contino

    Buyer's Agent in 2016

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    374 in this area

    432 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 458431

South Jersey Shore Regional MLS

APN: 08-03509-0000-00001-0000-C108

New Jersey Cape May County Ocean City 08226

108 Limpet Dr Unit 108, Ocean City, NJ

This home is located at 108 Limpet Dr Unit 108, Ocean City, NJ 08226 since 17 November 2015 and is currently estimated at $651,734, approximately $648 per square foot. This property was built in 1981. 108 Limpet Dr Unit 108 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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