$560,000
SOLD MAR 28, 2025

11 Inlet Terrace Ocean View, NJ 08230

4 Beds
2.5 Baths
-- Sq Ft
0.55 Acres

Recently Sold

2% Above List Price

12 Days on Market

Highlights

  • Cathedral Ceiling
  • Skylights
  • Patio
  • Workshop
  • Walk-In Closet
  • Laundry Room

About This Home

As of March 2025

Experience timeless elegance in this well maintained corner property. Every detail has been lovingly cared for, ensuring a home that shows warmth and character. Step inside to a dramatic foyer entrance leading to spacious living areas. The family room, complete with a cozy fireplace and wet bar, is perfect for gatherings. A formal living room and dining room offer additional spaces to host or relax. The first floor features a private bedroom with a half bathroom, ideal for guests. Upstairs, the primary bedroom includes a bonus space, perfect for a home office, nursery, or a 4th bedroom to suit your needs. The 2-car garage has been converted into a versatile workshop and art studio with a private entrance. Let your imagination run wild—this space is perfect for an exercise room, crafting studio, kids' playroom, or whatever your heart desires. Outside, a beautifully landscaped backyard awaits, complete with a trellised patio and in-ground sprinklers. This serene oasis is ideal for entertaining or simply unwinding after a day at the nearby beaches. This home is a rare gem, located only minutes away from the shores of Ocean City and Sea Isle. Don’t miss your chance to make this your forever home! Schedule your private showing today! OPEN HOUSE SATURDAY January 25 from 11am -1pm

Last Agent to Sell the Property

Michael Sutley

Keller Williams Realty Jersey Shore-Ocean City License #2187118 Listed on: 01/24/2025

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,936

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Workshop
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 200' x 149'

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,936

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains, Drapes
  • Lvt Date: 01/24/2025
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Wood Burning
  • Flooring: W/W Carpet, Laminate Flooring
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Skylight(s), Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Laundry/Utility Room, Workshop

Exterior Features

  • Outside Features: Patio
  • Siding Exterior: Brick Face, Vinyl

Garage/Parking

  • Driveway: Blacktop
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 200' x 149'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Mar 28, 2025
Sold by
Balderson Lance D
Bought by
Phillips Renee Suzanne
Seller's Agent
Michael Sutley
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$549,900
Sold Price
$560,000
Premium/Discount to List
$10,100
1.84%
Views
46
Current Estimated Value
$563,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,845
Avg. Annual Appreciation
2.77%
Original Mortgage
$448,000
Outstanding Balance
$448,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$115,845

Purchase Details

Closed on
May 12, 1989
Sold by
Balderson Lance and Balderson Carol
Bought by
Balderson Lance
Source: Public Records

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Range of Values:

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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 $560,000 Seaboard Title
Deed $560,000 Seaboard Title
Quit Claim Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,000 New Conventional
Closed $448,000 New Conventional
Previous Owner $517,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $22,300 No Value Available
Previous Owner $15,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $560,000 +1.8% --
02/05/2025 02/05/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $549,900 -- --
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 $6,936 $313,100 $124,400 $188,700
2023 $6,582 $313,100 $124,400 $188,700
2022 $6,353 $313,100 $124,400 $188,700
2021 $4,066 $313,100 $124,400 $188,700
2020 $5,881 $313,100 $124,400 $188,700
2019 $5,733 $313,100 $124,400 $188,700
2018 $5,580 $313,100 $124,400 $188,700
2017 $5,514 $313,100 $124,400 $188,700
2016 $4,995 $280,500 $124,400 $156,100
2015 $4,849 $280,000 $123,900 $156,100
2014 $5,659 $397,400 $157,800 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 592433

South Jersey Shore Regional MLS

APN: 11-00453-10-00341