NOT LISTED FOR SALE

112 Ocean Rd Ocean City, NJ 08226

Estimated Value: $2,054,000 - $2,986,000

-- Bed
-- Bath
1,936 Sq Ft
$1,329/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $450,000 $232 Per Sq Ft

Est. 472% increase in value since last sale

Current estimated payment $15,506/month

54 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • Living Room

About This Home

As of May 2013

Traditional duplex in delightful Gardens neighborhood. Spacious 2 BR/2 BA 1st fl redone 11 yrs ago w/eat-in kit + dining area, lg concrete porch w/awning, front & rear entrances. Inviting 3 BR/1 1/2 BA 2nd fl w/fpl, rear mud rm w/access to small deck & rear steps, in-wall AC's, lg breezy front porch w/awning. Replacemnt wndws & ceil fns, lg curb cut for 2-car parking, rear patio w/storage shed & lg holly trees, huge encl outside shwr, very little exterior maintenance. Use 2nd fl this summer + 1st fl income!

Last Agent to Sell the Property

Glenn Wagner

MONIHAN REALTY-A License #SP-8343619 Listed on: 02/23/2013

Last Buyer's Agent

Glenn Wagner

MONIHAN REALTY-A License #SP-8343619 Listed on: 02/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,686

Lot Details

  • Lot Dimensions are 31' x 110'

Home Design

  • Duplex
  • Asbestos Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,686

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Curtains, Partially Furnished
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Living Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Patio, Porch, Shed, Sidewalks
  • Siding Exterior: Asbestos
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 31' x 110'

Rental Info

  • Rental Information: Security Deposit, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Cable Tv, Electric, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2013
Closed on
May 23, 2013
Sold by
Talbot Linda Susan
Bought by
Tha Iii Properties Llc
Seller's Agent
Glenn Wagner
MONIHAN REALTY-A
Buyer's Agent
Glenn Wagner
MONIHAN REALTY-A
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$2,573,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,123,627
Avg. Annual Appreciation
15.13%

Purchase Details

Closed on
Sep 13, 1991
Sold by
Edmiston Walter and Edmiston Mary S
Bought by
Edmiston,Walter & Mary S Trustee
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
Tha Iii Properties Llc $450,000 None Available
Edmiston,Walter & Mary S Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $450,000 0.0% $232 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
02/23/2013 02/23/13 For Sale $450,000 -- $232 / Sq Ft
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 $21,686 $1,932,800 $409,000 $1,523,800
2024 $21,686 $1,932,800 $409,000 $1,523,800
2023 $20,700 $1,932,800 $409,000 $1,523,800
2022 $4,209 $409,000 $409,000 $0
2021 $4,110 $409,000 $409,000 $0
2020 $4,605 $470,900 $409,000 $61,900
2019 $4,554 $470,900 $409,000 $61,900
2018 $4,511 $470,900 $409,000 $61,900
2017 $4,441 $470,900 $409,000 $61,900
2016 $4,271 $470,900 $409,000 $61,900
2015 $4,215 $470,900 $409,000 $61,900
2014 $4,153 $470,900 $409,000 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 407185

South Jersey Shore Regional MLS

APN: 08-00070-32-00045