NOT LISTED FOR SALE

108 Wahoo Dr Ocean City, NJ 08226

Estimated Value: $658,000 - $792,000

2 Beds
2 Baths
-- Sq Ft
523 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $580,000

Est. 23% increase in value since last sale

Current estimated payment $4,072/month

Highlights

  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Deck
  • Community Pool

About This Home

As of October 2021

LIVE LIKE YOU'RE ON VACATION - a rare opportunity to have unobstructed bay views and evening breezes from your oversized deck, 1 of only 4 in the Ocean Reef Complex. This first floor meticulously maintained 2 bed 2 bath is a must see! Plus all of Ocean Reef amenities, 2 pools, 2 tennis courts, clubhouse, onsite property management, and 30 boat slips!

Last Agent to Sell the Property

NANCIE CURRY

OCEAN REEF CLUB REALTY Listed on: 07/25/2021

Last Buyer's Agent

JACLYN SPIEGEL

OCEAN REEF CLUB REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,353

Lot Details

  • 523

Home Design

  • Cedar Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor
  • Ground Level Unit

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,353

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 07/27/2021
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Wood Burning
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Master Br On 1st Floor
  • Common Area Features: Bulkheaded, Clubhouse/Clubroom, Deck/Porch, Outside Shower, Pool, Tennis Court

Exterior Features

  • Siding Exterior: Cedar, Stucco

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Bay Front, Bulkheaded

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Bredell Leslie R and Bredell Theresa L
Bought by
Hager Lucille and Hager Steven
Current Estimated Value
$714,782

Purchase Details

Listed on
Jul 25, 2021
Closed on
Oct 15, 2021
Sold by
Web 205 Llc
Bought by
Bredell Leslie R and Bredell Theresa L
Seller's Agent
NANCIE CURRY
OCEAN REEF CLUB REALTY
Buyer's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$435,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 25, 2021
Closed on
Oct 1, 2021
Sold by
Mcmanus Michae W and Mcmanus Sandra R
Bought by
Web 205 Llc
Seller's Agent
NANCIE CURRY
OCEAN REEF CLUB REALTY
Buyer's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1986
Bought by
Mcmanus Michael W and Mcmanus Sandra R
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
Hager Lucille $582,500 The Title Company
Hager Lucille $582,500 The Title Company
Bredell Leslie R $580,000 None Available
Web 205 Llc -- None Available
Mcmanus Michael W $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bredell Leslie R $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $580,000 -7.2% --
08/16/2021 08/16/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $625,000 -3.8% --
07/25/2021 07/25/21 For Sale $650,000 -- --
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 $3,353 $315,000 $159,600 $155,400
2024 $3,353 $298,800 $159,600 $139,200
2023 $3,200 $298,800 $159,600 $139,200
2022 $3,075 $298,800 $159,600 $139,200
2021 $3,003 $298,800 $159,600 $139,200
2020 $2,922 $298,800 $159,600 $139,200
2019 $2,889 $298,800 $159,600 $139,200
2018 $2,863 $298,800 $159,600 $139,200
2017 $2,818 $298,800 $159,600 $139,200
2016 $2,710 $298,800 $159,600 $139,200
2015 $2,674 $298,800 $159,600 $139,200
2014 $2,635 $298,800 $159,600 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 553605

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C146