NOT LISTED FOR SALE

1128 Bay Ave Unit 11 Ocean City, NJ 08226

Estimated Value: $1,084,696 - $1,312,000

3 Beds
2.5 Baths
-- Sq Ft
0.98 Acres

Last Sold November 17, 2013

Last sale price $499,000

Est. 143% increase in value since last sale

Current estimated payment $6,891/month

138 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Building Patio
  • Ocean City Primary School Rated A
  • Community Pool
  • Dining Room

About This Home

As of November 2013

Beautiful 3 bedroom 2.5 bath Marina Mews townhouse with deep water boat slip and bay views. This property features a custom kitchen, granite tops, hardwood/tile floors,3 decks and a huge 2 car garage with large storage room. This unit has one of the largest boat slips in the complex (30'-35' boat slip depending on beam). Safe, secluded family friendly environment with private pool. New bulkhead, docks, and vinyl fencing throughout the property and pool area done in 2012. All assessments have been paid.

Last Agent to Sell the Property

William Godfrey

MARR AGENCY Listed on: 05/16/2013

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1982

Lot Details

  • 0.98

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor

Community Details

Overview

  • Association fees include insurance, maintenance, management
  • Marina Mews Condos

Amenities

  • Building Patio

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,699

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Year Built: 1982
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room
  • Common Area Features: Deck/Porch, Patio, Pool

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Marina Mews
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Bay Front

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Nov 22, 2013
Sold by
Farber Donna M and Hendel Donald S
Bought by
Tuck Stephen
Seller's Agent
William Godfrey
MARR AGENCY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$1,213,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,674
Avg. Annual Appreciation
7.73%
Original Mortgage
$350,000
Outstanding Balance
$244,045
Interest Rate
2.67%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$969,629

Purchase Details

Closed on
Dec 20, 2012
Sold by
Farber Donna M and Farber Stuart A
Bought by
Farber Donna M and Farber Stuart A

Purchase Details

Closed on
Apr 24, 2006
Sold by
Farber Stuart A and Farber Donna M
Bought by
Farber Donna M and Farber Stuart A

Purchase Details

Closed on
Jun 12, 1992
Sold by
Roper Robert W
Bought by
Farber Stuart A and Farber Donna M
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
Tuck Stephen $499,000 North American Title Agency
Farber Donna M -- None Available
Farber Donna M -- None Available
Farber Donna M -- None Available
Farber Stuart A $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuck Stephen $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2013 11/17/13 Sold $499,000 0.0% --
10/01/2013 10/01/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $499,000 -- --
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 $5,699 $507,900 $337,200 $170,700
2024 $5,699 $507,900 $337,200 $170,700
2023 $5,440 $507,900 $337,200 $170,700
2022 $5,226 $507,900 $337,200 $170,700
2021 $5,104 $507,900 $337,200 $170,700
2020 $4,967 $507,900 $337,200 $170,700
2019 $4,911 $507,900 $337,200 $170,700
2018 $4,866 $507,900 $337,200 $170,700
2017 $4,790 $507,900 $337,200 $170,700
2016 $4,607 $507,900 $337,200 $170,700
2015 $4,546 $507,900 $337,200 $170,700
2014 $4,480 $507,900 $337,200 $170,700
Source: Public Records

Agents Affiliated with this Home

  • William Godfrey

    Seller's Agent in 2013

    William Godfrey

    MARR AGENCY

    (609) 780-7363

    75 in this area

    86 Total Sales

    William Godfrey
    Section Image

  • A

    Buyer's Agent in 2013

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 411539

South Jersey Shore Regional MLS

APN: 08-01109-0000-00011-0000-C11

New Jersey Cape May County Ocean City 08226

1128 Bay Ave Unit 11, Ocean City, NJ

This home is located at 1128 Bay Ave Unit 11, Ocean City, NJ 08226 since 16 May 2013 and is currently estimated at $1,213,674. This property was built in 1982. 1128 Bay Ave Unit 11 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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