NOT LISTED FOR SALE

110 Easterly Dr Unit 115 Ocean City, NJ 08226

Estimated Value: $728,000 - $1,073,000

3 Beds
3 Baths
-- Sq Ft
610 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $549,000

Est. 56% increase in value since last sale

Current estimated payment $4,974/month

12 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Loft
  • Ocean City Primary School Rated A
  • Deck
  • Community Pool

About This Home

As of February 2022

Give yourself the gift of living in the premier Bayfront community of Ocean Reef. One of Ocean City’s most sought after communities. This 2 level 1700 square foot home features 3 bedroom and 3 renovated bathrooms. Bay views from the dining room, living room and deck. The first level features living room and dining room with cathedral ceilings, gas fireplace, updated kitchen, 2 bedrooms – 1 Master with an ensuite bathroom, a second full bath. The second level features a huge loft, perfect for a second living space or office, laundry area, and an over- sized bedroom with bathroom. The HVAC, Washer, Dryer, Dishwasher and slider have all been updated. Ocean Reef offers 2 pools, tennis courts, Club House and 20 plus acres of meticulously kept grounds. All this and professional on-site property management. No maintenance, drive up and enjoy your new life style.

Last Agent to Sell the Property

JACLYN SPIEGEL

OCEAN REEF CLUB REALTY Listed on: 12/07/2021

Last Buyer's Agent

Stacy Demcher

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1986

Lot Details

  • 610

Home Design

  • Cedar Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Loft
  • Water Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,006

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 02/24/2022
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Loft
  • 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, Assigned

Utilities

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

Condo/Co-op/Association

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

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 25, 2022
Sold by
Frederick John P and Frederick Patricia L
Bought by
Steer Anita L
Seller's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
Buyer's Agent
Stacy Demcher
Keller Williams Realty Jersey Shore-Ocean City
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$858,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,216
Avg. Annual Appreciation
13.53%
Original Mortgage
$99,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2017
Sold by
Chelli Ronald and Chelli Judith
Bought by
Frederick John P and Frederick Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Silver Brian R and Silver Carmella N
Bought by
Chelli Ronald and Chelli Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Steer Anita L $549,000 First American Title
Frederick John P $399,000 None Available
Chelli Ronald $447,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steer Anita L $99,000
Previous Owner Fredrick John P $301,847
Previous Owner Frederick John P $319,200
Previous Owner Chelli Ronald $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $549,000 0.0% --
12/19/2021 12/19/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $549,000 -- --
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 $4,006 $357,000 $128,000 $229,000
2024 $4,006 $357,000 $128,000 $229,000
2023 $3,823 $357,000 $128,000 $229,000
2022 $3,674 $357,000 $128,000 $229,000
2021 $3,588 $357,000 $128,000 $229,000
2020 $3,491 $357,000 $128,000 $229,000
2019 $3,452 $357,000 $128,000 $229,000
2018 $3,420 $357,000 $128,000 $229,000
2017 $3,001 $318,200 $128,000 $190,200
2016 $2,886 $318,200 $128,000 $190,200
2015 $2,848 $318,200 $128,000 $190,200
2014 $2,807 $318,200 $128,000 $190,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559963

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C115