NOT LISTED FOR SALE

1128 Bay Ave Unit 18 Ocean City, NJ 08226

Estimated Value: $1,154,000 - $1,261,000

3 Beds
2.5 Baths
-- Sq Ft
0.98 Acres

Last Sold November 09, 2018

Last sale price $605,000

Est. 99% increase in value since last sale

Current estimated payment $6,933/month

10 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Deck
  • Ocean City Primary School Rated A
  • Property is near a marina
  • Cathedral Ceiling

About This Home

As of November 2018

Looking for the perfect bayfront will all the improvements already done? This bayfront beauty has it all!! New hardwood floors, upgraded kitchen with corian counter tops, new baths with tiled showers and granite counter tops. Enjoy the bay breezes from one of the three decks. Plantation shutters in both living room and master bedroom. Exterior features a new roof, a/c, new fiberglass on decks, new deck and bulkhead. New Finger pier with railing. Pool deck and tiles were done this summer all assessments have been paid by current owner.

Last Agent to Sell the Property

Gloria Votta

BHHS FOX and ROACH-Simpson OC Listed on: 09/24/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1982

Lot Details

  • Property Fronts a Bay or Harbor

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Off-Site Parking

Outdoor Features

  • Property is near a marina
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, trash
  • Marina Mews Condos

Recreation

  • Boat Dock
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,748

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Rugs
  • Lvt Date: 09/24/2018
  • Year Built: 1982
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Breakfast Nook, Dining Area
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip, Outside Shower, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Off Site Parking

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Trash
  • Condo Name: Marina Mews
  • Management: Association

Lot Info

  • Location: Bay Front, Docks, Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed, Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Summers Craig W and Summers Kathy
Bought by
Mccarthy Christopher and Mccarthy Marsha Jeanne
Current Estimated Value
$1,205,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$930,457
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$274,726

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 9, 2018
Sold by
Rodriguez Hugo and Rodriguzez Gail
Bought by
Summers Craig and Summers Kathy
Seller's Agent
Gloria Votta
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$639,900
Sold Price
$605,000
Premium/Discount to List
-$34,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$200,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2010
Sold by
Potter Alfred H and Potter Elaine
Bought by
Rodriguez Hugo and Rodriguez Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1989
Sold by
Endler Evan and Endler Charlotte
Bought by
Potter Alfred and Potter Elaine
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
Mccarthy Christopher $1,325,000 Chicago Title
Mccarthy Christopher $1,325,000 Chicago Title
Summers Craig $605,000 --
Rodriguez Hugo $610,000 Fidelity Natl Title Ins Co
Potter Alfred -- --
Potter Alfred $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Christopher $950,000
Closed Mccarthy Christopher $950,000
Previous Owner Summers Craig $200,000
Previous Owner Rodriguez Hugo $311,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $605,000 -5.5% --
10/04/2018 10/04/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $639,900 -- --
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 $6,748 $601,400 $337,200 $264,200
2024 $6,748 $601,400 $337,200 $264,200
2023 $5,673 $529,700 $337,200 $192,500
2022 $5,451 $529,700 $337,200 $192,500
2021 $3,952 $529,700 $337,200 $192,500
2020 $5,180 $529,700 $337,200 $192,500
2019 $5,122 $529,700 $337,200 $192,500
2018 $5,075 $529,700 $337,200 $192,500
2017 $4,995 $529,700 $337,200 $192,500
2016 $4,804 $529,700 $337,200 $192,500
2015 $4,741 $529,700 $337,200 $192,500
2014 $4,672 $529,700 $337,200 $192,500
Source: Public Records

Agents Affiliated with this Home

  • Gloria Votta

    Seller's Agent in 2018

    Gloria Votta

    BHHS Fox & Roach

    (609) 425-6614

    28 in this area

    36 Total Sales

    Gloria Votta
    Section Image
  • RONALD C GIFFORD JR.

    Buyer's Agent in 2018

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    104 in this area

    115 Total Sales

    RONALD C GIFFORD JR.
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 511664

South Jersey Shore Regional MLS

APN: 08-01109-0000-00011-0000-C18

New Jersey Cape May County Ocean City 08226

1128 Bay Ave Unit 18, Ocean City, NJ

This home is located at 1128 Bay Ave Unit 18, Ocean City, NJ 08226 since 24 September 2018 and is currently estimated at $1,205,183. This property was built in 1982. 1128 Bay Ave Unit 18 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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