NOT LISTED FOR SALE

112 W Atlantic Blvd Ocean City, NJ 08226

Estimated Value: $2,883,887 - $3,300,000

6 Beds
3.5 Baths
-- Sq Ft
5,619 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $1,600,000

Est. 88% increase in value since last sale

Current estimated payment $17,575/month

12 Days on Market

Highlights

  • Water Views
  • Greenhouse
  • In Ground Pool
  • Ocean City Primary School Rated A
  • Boat Slip
  • Home fronts a lagoon or estuary

About This Home

As of May 2020

This Gardens Lagoon 3-story home is waterfront living at its best. The property offers endless entertaining possibilities including boating, kayaking (3 kayaks included), paddle boarding, fishing, swimming, and Night in Venice boat parade. The home also features an in-ground pool and hot tub. There are two separate living rooms, each with a fireplace; and private 3rd floor master suite with water views, fireplace, full bath, two walk-in closets, and side deck perfect for watching 4th of July fireworks. Over 3650 sf with 6 bedrooms and 3.5 baths. Two-zone HVAC; one zone is 4 years old, and one is one year old featuring tankless water heaters. Brand new bulkhead and Wolf brand lagoon decking. Boat slip with removable floating EZ dock. Enjoy outdoor shower after beach. Fully fenced rear yard. Two backyard decks with water views. 3-car parking in driveway and oversized one car garage.

Last Agent to Sell the Property

Matthew Corcory

Keller Williams Realty Jersey Shore-Ocean City License #1754191 Listed on: 04/19/2020

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

ZACHERY FEINSTEIN

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,976

Lot Details

  • Home fronts a lagoon or estuary
  • Fenced

Home Design

  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Shades
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Workshop
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Slip
  • Deck
  • Patio
  • Greenhouse
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Fireplace Equipment, Shades
  • Lvt Date: 04/19/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log, Living Room, More Than 1, Wood Burning
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Greenhouse, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Storage Attic, Workshop

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Porch, Sidewalks, Whirlpool/Spa
  • Siding Exterior: Cedar
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Gas, Multi-Zoned
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bulkheaded, Docks, Lagoon Front, Water View
  • Lot Dimensions: 37' x 250' Irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2020
Closed on
May 22, 2020
Sold by
Tully Paul J and Tully Kathleen F
Bought by
Smith Melissa G and Smith Andrew H
Seller's Agent
Matthew Corcory
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
ZACHERY FEINSTEIN
Compass New Jersey-Ocean City (O463E)
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
$3,011,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,411,722
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Dec 14, 2012
Sold by
Madonna Peter and Madonna Michael P
Bought by
Tully Paul J and Tully Kathleen F

Purchase Details

Closed on
May 7, 1991
Sold by
Landi Barbara
Bought by
Action Federal Savings Bank

Purchase Details

Closed on
Feb 9, 1991
Sold by
Landi Jr Warren F and Landi Barbara
Bought by
Action Federal Savings Bank

Purchase Details

Closed on
Jul 12, 1990
Sold by
Landi Jr Warren F
Bought by
Landi Warren F and Landi Barbara
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
Smith Melissa G $1,600,000 None Available
Tully Paul J $995,000 None Available
Action Federal Savings Bank -- --
Madonna Margaret P $729,900 --
Action Federal Savings Bank -- --
Landi Warren F $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tully Paul J $250,000
Previous Owner Tully Paul J $825,000
Previous Owner Tully Paul J $1,056,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $1,600,000 -5.6% --
05/01/2020 05/01/20 Pending -- -- --
04/19/2020 04/19/20 For Sale $1,695,000 -- --
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 $13,976 $1,245,600 $767,100 $478,500
2024 $13,976 $1,245,600 $767,100 $478,500
2023 $13,106 $1,223,700 $767,100 $456,600
2022 $12,592 $1,223,700 $767,100 $456,600
2021 $9,126 $1,223,700 $767,100 $456,600
2020 $11,968 $1,223,700 $767,100 $456,600
2019 $11,833 $1,223,700 $767,100 $456,600
2018 $11,723 $1,223,700 $767,100 $456,600
2017 $11,539 $1,223,700 $767,100 $456,600
2016 $11,099 $1,223,700 $767,100 $456,600
2015 $10,952 $1,223,700 $767,100 $456,600
2014 $10,793 $1,223,700 $767,100 $456,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536199

South Jersey Shore Regional MLS

APN: 08-00070-12-00031