NOT LISTED FOR SALE

11 Spinnaker Ct Ocean City, NJ 08226

Estimated Value: $659,000 - $866,000

2 Beds
2.5 Baths
-- Sq Ft
610 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $595,000

Est. 25% increase in value since last sale

Current estimated payment $4,181/month

Highlights

  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Community Pool
  • Ocean City Primary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of April 2022

Lovely townhouse style unit at OCEAN REEF!! Move right into this two level unit with renovated kitchen beautiful open views to Lacrosse field, 2nd floor features two bedrooms each with own bath. The amenities for this building include 2 Pools(one heated), 2 tennis courts (lined for pickle ball also), hot tub, launch and storage area for kayaks, Clubhouse available for owners to rent, on site management, 30 private boat slips only available to residents.

Last Agent to Sell the Property

CELESTE SMITH

BHHS FOX and ROACH-Brigantine Listed on: 03/09/2022

BHHS FOX and ROACH-Brigantine

Last Buyer's Agent

Dawn Delorenzo

COLDWELL BANKER REALTY - Moorestown

COLDWELL BANKER REALTY - Moorestown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1985

Lot Details

  • 610

Parking

  • 2 Parking Spaces

Home Design

  • Cedar Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,191

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 03/09/2022
  • Year Built: 1985
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Wood Burning
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Lower
  • Kitchen: On Level: Lower
  • Living Room: On Level: Lower
  • Powder Room Level: Lower
  • Other Rooms: Dining Area, Laundry/Utility Room, Storage Attic
  • Common Area Features: Bulkheaded, Clubhouse/Clubroom, Deck/Porch, Outside Shower, Pool, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Cedar, Stucco

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Electric, Heat Pump
  • Sewer: Private
  • 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, Docks

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 29, 2022
Sold by
Ziccardi Anthony and Ziccardi Renee
Bought by
Kubacki Michael and Kubacki Michelle
Seller's Agent
CELESTE SMITH
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Dawn Delorenzo
COLDWELL BANKER REALTY - Moorestown
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Current Estimated Value
$746,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,532
Avg. Annual Appreciation
6.72%
Original Mortgage
$535,500
Outstanding Balance
$503,389
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$243,143

Purchase Details

Listed on
Jul 14, 2015
Closed on
Sep 21, 2015
Sold by
Westley Dennis J and Westley Cynthia D
Bought by
Ziccardi Anthony and Ziccardi Renee
Seller's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
Buyer's Agent
CELESTE SMITH
BHHS FOX and ROACH-Brigantine
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$195,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1995
Sold by
Filmore Const
Bought by
Westley Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.47%

Purchase Details

Closed on
Mar 7, 1995
Sold by
Connor John T
Bought by
Filmore Construction Co

Purchase Details

Closed on
Mar 15, 1991
Sold by
Dougherty George J and Dougherty Linda F
Bought by
Connor John T and Connor Joann

Purchase Details

Closed on
Oct 6, 1989
Sold by
Thompson Thomas
Bought by
Dougherty George and Dougherty Linda
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
Kubacki Michael $595,000 Ziccardi Anthony
Ziccardi Anthony $260,000 Attorney
Westley Dennis $128,000 --
Filmore Construction Co $118,000 --
Connor John T $141,000 --
Dougherty George $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kubacki Michael $535,500
Previous Owner Ziccardi Anthony $195,000
Previous Owner Westley Dennis $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $595,000 -0.7% --
03/18/2022 03/18/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $599,000 +130.4% --
09/23/2015 09/23/15 Sold $260,000 0.0% -- View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $260,000 -- --
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 $3,191 $284,400 $94,400 $190,000
2024 $3,191 $284,400 $94,400 $190,000
2023 $3,046 $284,400 $94,400 $190,000
2022 $2,478 $240,800 $94,400 $146,400
2021 $2,420 $240,800 $94,400 $146,400
2020 $2,355 $240,800 $94,400 $146,400
2019 $2,329 $240,800 $94,400 $146,400
2018 $2,307 $240,800 $94,400 $146,400
2017 $2,271 $240,800 $94,400 $146,400
2016 $2,184 $240,800 $94,400 $146,400
2015 $2,155 $240,800 $94,400 $146,400
2014 $2,124 $240,800 $94,400 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560492

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C62