NOT LISTED FOR SALE

11 Madaket Ct Ocean City, NJ 08226

Estimated Value: $527,000 - $543,902

2 Beds
2 Baths
-- Sq Ft
5.47 Acres

Last Sold November 04, 2020

Last sale price $302,000

Est. 78% increase in value since last sale

Current estimated payment $3,046/month

Highlights

  • Water Views
  • Deck
  • Community Pool
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Outdoor Community Showers

About This Home

As of November 2020

Bright and Sunny 2nd Floor 2 Bedroom, 2 bath unit in Nantucket Condos with cathedral ceiling and view of bay and airport. New Anderson windows, new vinyl flooring through-out the unit. New roof in past two years. Front steps and all fiberglass decks to be replaced in March 2021. On-site management. Pool, Whirlpool Hot tub and community exercise room.

Last Agent to Sell the Property

LARYN CRISCI

BHHS FOX and ROACH-Simpson OC License #1756525 Listed on: 09/26/2020

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1986

Lot Details

  • 5.47

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Shades
  • Blinds
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash, pool
  • Nantucket Condos

Recreation

  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,642

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Partially Furnished, Rugs, Shades
  • Year Built: 1986
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Deck/Porch, Outside Shower, Pool, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash, Pool
  • Condo Name: Nantucket
  • Management: Association

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Cathedral Ceiling(s), Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 18, 2020
Sold by
Robert & Carolyn Baum Ret
Bought by
Gakin Thomas and Pappas-Gakis Sophia
Seller's Agent
LARYN CRISCI
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$309,900
Sold Price
$302,000
Premium/Discount to List
-$7,900
-2.55%
Current Estimated Value
$537,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,226
Avg. Annual Appreciation
12.26%
Original Mortgage
$177,000
Outstanding Balance
$157,219
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$380,007

Purchase Details

Listed on
Oct 31, 2017
Closed on
Mar 27, 2018
Sold by
Munoz Santiago J
Bought by
Robert & Carolyn Baum Rt
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
LARYN CRISCI
BHHS FOX and ROACH-Simpson OC
List Price
$264,900
Sold Price
$262,000
Premium/Discount to List
-$2,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 2, 2016
Sold by
Forbes Patricia M
Bought by
Munoz Santiago J
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$258,000
Sold Price
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Kirk Viola
Bought by
Forbes Patricia M
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
Gakin Thomas $302,000 None Available
Robert & Carolyn Baum Rt $262,000 --
Munoz Santiago J $258,000 None Available
Forbes Patricia M $144,500 --
Forbes Patricia M $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gakin Thomas $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2020 11/04/20 Sold $302,000 -2.5% --
10/11/2020 10/11/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $309,900 +18.3% --
04/06/2018 04/06/18 Sold $262,000 -1.1% -- View Prior Sale
12/01/2017 12/01/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $264,900 +2.7% --
08/02/2016 08/02/16 Sold $258,000 0.0% -- View Prior Sale
06/17/2016 06/17/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $258,000 -- --
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 $2,642 $235,500 $98,600 $136,900
2024 $2,642 $235,500 $98,600 $136,900
2023 $2,522 $235,500 $98,600 $136,900
2022 $2,423 $235,500 $98,600 $136,900
2021 $2,303 $235,500 $98,600 $136,900
2020 $2,303 $235,500 $98,600 $136,900
2019 $2,277 $235,500 $98,600 $136,900
2018 $2,256 $235,500 $98,600 $136,900
2017 $2,221 $235,500 $98,600 $136,900
2016 $2,136 $235,500 $98,600 $136,900
2015 $2,108 $235,500 $98,600 $136,900
2014 $2,077 $235,500 $98,600 $136,900
Source: Public Records

Agents Affiliated with this Home

  • LARYN CRISCI

    Seller's Agent in 2020

    LARYN CRISCI

    BHHS Fox & Roach

    (610) 368-8416

    19 in this area

    23 Total Sales

    LARYN CRISCI
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2020

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    209 in this area

    314 Total Sales

    Cheryl Huber
    Section Image
  • Christopher Oliva

    Seller's Agent in 2018

    Christopher Oliva

    Compass New Jersey-Ocean City (O463E)

    (609) 602-0508

    40 in this area

    78 Total Sales

    Christopher Oliva
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 542697

South Jersey Shore Regional MLS

APN: 08-02707-0000-00002-0000-C12

New Jersey Cape May County Ocean City 08226

11 Madaket Ct, Ocean City, NJ

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