NOT LISTED FOR SALE

109 W Inlet Rd Unit 1 Ocean City, NJ 08226

2 Beds
1.5 Baths
-- Sq Ft
4,879 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $650,000

157 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Community Showers
  • Laundry Room
  • Ocean City Primary School Rated A
  • Building Patio
  • Central Air

About This Home

As of June 2023

Indulge in the luxurious lifestyle you deserve with this remarkable opportunity to own a stunning two-bedroom, one and a half bathroom first-floor unit in the highly sought-after Gardens section of Ocean City. The grandeur of this property is apparent from the moment you step inside, with exquisite hardwood flooring throughout the open living space and a state-of-the-art kitchen, complete with gorgeous granite countertops and top-of-the-line stainless steel appliances. This rare gem is perfectly situated in an unbeatable location, offering ample space for relaxation and entertainment. Imagine hosting lavish gatherings in your spacious living room, or preparing sumptuous feasts for loved ones in your stunning kitchen. Every moment spent in this luxurious space is sure to be a delight for the senses. And the perks don't stop there! The second floor of this magnificent property is rented seasonally, bringing in a remarkable $39,732, while the first floor is rented annually for a generous $2,100 per month, totaling an impressive $25,200 per year. Don't miss out on this extraordinary chance to elevate your lifestyle to new heights!

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 11/07/2022

Last Buyer's Agent

LINDA HINCHMAN

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0015314

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1962

Lot Details

  • 4,879

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Amenities

  • Building Patio

Recreation

  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,063

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 11/07/2022
  • Year Built: 1962
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Laundry/Utility Room
  • Common Area Features: Outside Shower, Patio

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2016
Sold by
Kohler Nancy
Bought by
Carnuccio Lawrence

Purchase Details

Closed on
Aug 15, 2013
Sold by
Jurman Charles
Bought by
Kohler Marley E
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
Carnuccio Lawrence $330,000 Attorney
Kohler Marley E $321,500 The Title Company Of Jersey
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $650,000 0.0% --
04/13/2023 04/13/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $649,900 +3.2% --
11/22/2022 11/22/22 Price Changed $629,900 -10.0% --
11/07/2022 11/07/22 For Sale $699,900 -- --
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
2024 $4,063 $362,100 $207,400 $154,700
2023 $3,437 $320,900 $207,400 $113,500
2022 $3,302 $320,900 $207,400 $113,500
2021 $3,225 $320,900 $207,400 $113,500
2020 $3,138 $320,900 $207,400 $113,500
2019 $3,103 $320,900 $207,400 $113,500
2018 $3,074 $320,900 $207,400 $113,500
2017 $3,026 $320,900 $207,400 $113,500
2016 $2,911 $320,900 $207,400 $113,500
2015 $2,872 $320,900 $207,400 $113,500
2014 -- $320,900 $207,400 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568754

South Jersey Shore Regional MLS

APN: 08-00070-18-00003-0000-C1