NOT LISTED FOR SALE

112 W 10th St Ocean City, NJ 08226

Estimated Value: $2,485,000 - $2,888,000

2 Beds
2.5 Baths
1,800 Sq Ft
$1,479/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $650,000 $361 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $14,998/month

131 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water Oriented
  • Corner Lot
  • Ocean City Primary School Rated A
  • Deck
  • No HOA

About This Home

As of October 2012

Perfect Location for this Beautiful Open Bayfront Single Family Home. Unbelievable Views from every Room in the House. Home Includes Large Kitchen with Center Island and Breakfast Area, Diningroom, Livingroom that Leads out to the Back Deck Overlooking the Water. 2nd Floor Master Suite with Master Bath. Central Air, Fully Furnished. Each Bedroom has its own Private Deck Overlooking the Open Bay. 3 Boatslips Included. Once you See the Spectacular Sunsets you will never want to leave.

Last Agent to Sell the Property

Robert Bond

RE/MAX At the Shore Listed on: 04/24/2012

RE/MAX At the Shore

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 1991

Lot Details

  • 2,130 Sq Ft Lot
  • Lot Dimensions are 71x30
  • 100 Feet of Waterfront
  • Corner Lot
  • Property is in good condition
  • Property is zoned R1

Home Design

  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Private Parking
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Deck
  • Exterior Lighting

Schools

  • Ocean City Elementary And Middle School
  • Ocean City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Bay Area Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 08-01009 02-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,889

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1991
  • Remarks Public: Perfect Location for this Beautiful Open Bayfront Single Family Home. Unbelievable Views from every Room in the House. Home Includes Large Kitchen with Center Island and Breakfast Area, Diningroom, Livingroom that Leads out to the Back Deck Overlooking the Water. 2nd Floor Master Suite with Master Bath. Central Air, Fully Furnished. Each Bedroom has its own Private Deck Overlooking the Open Bay. 3 Boatslips Included. Once you See the Spectacular Sunsets you will never want to leave.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Refrigerator
  • Interior Amenities: Kitchen - Island, Butlers Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Net Sq Ft: 1800.00
  • Price Per Sq Ft: 416.61
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting, Outside Shower
  • Roof: Pitched, Shingle
  • View: Water
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Private
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: OCEAN CITY
  • High School: OCEAN CITY
  • School District Key: 300200397020
  • Elementary School: OCEAN CITY
  • High School: OCEAN CITY
  • Middle Or Junior School: OCEAN CITY

Lot Info

  • Improvement Assessed Value: 240900.00
  • Land Assessed Value: 808200.00
  • Lot Features: Corner
  • Lot Size Acres: 0.05
  • Lot Dimensions: 71X30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2130.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3798343
  • Tax Annual Amount: 7889.00
  • Assessor Parcel Number: 08-01009 02-00003
  • Tax Lot: 00003
  • Tax Year: 2011
  • Close Date: 10/19/2012

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2014
Sold by
Branch Banking & Trust Company
Bought by
Lagoon Glen Cove and Mccloskey Jon
Current Estimated Value
$2,662,300

Purchase Details

Listed on
Apr 24, 2012
Closed on
Oct 19, 2012
Sold by
Starn Nancy
Bought by
Ball John L and Ball Eileen
Seller's Agent
Robert Bond
RE/MAX At the Shore
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$749,900
Sold Price
$650,000
Premium/Discount to List
-$99,900
-13.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$168,000
Interest Rate
3.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2008
Sold by
Starn Harry and Starn Nancy
Bought by
Starn Nancy
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
Lagoon Glen Cove -- None Available
Ball John L $650,000 None Available
Starn Nancy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ball John L $168,000
Previous Owner Ball John L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $650,000 -13.3% $361 / Sq Ft
09/02/2012 09/02/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $749,900 0.0% $417 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $749,900 -- $417 / Sq Ft
Source: Bright 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 $9,760 $869,900 $488,100 $381,800
2024 $9,760 $869,900 $488,100 $381,800
2023 $9,317 $869,900 $488,100 $381,800
2022 $8,951 $869,900 $488,100 $381,800
2021 $8,743 $869,900 $488,100 $381,800
2020 $8,508 $869,900 $488,100 $381,800
2019 $8,412 $869,900 $488,100 $381,800
2018 $8,334 $869,900 $488,100 $381,800
2017 $8,203 $869,900 $488,100 $381,800
2016 $6,841 $754,200 $513,300 $240,900
2015 $6,750 $754,200 $513,300 $240,900
2014 $6,652 $754,200 $513,300 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003965880

Bright MLS

APN: 08-01009-02-00003