NOT LISTED FOR SALE

115 Folger Ct Unit 26 Ocean City, NJ 08226

Estimated Value: $381,000 - $585,779

2 Beds
2 Baths
-- Sq Ft
5.47 Acres

Last Sold October 23, 2019

Last sale price $310,000

Est. 67% increase in value since last sale

Current estimated payment $2,956/month

48 Days on Market

Highlights

  • Water Views
  • Unit is on the top floor
  • End Unit
  • Ocean City Primary School Rated A
  • Deck
  • Corner Lot

About This Home

As of October 2019

Phenomenal Location Top Floor End Unit perfectly positioned on the NW corner offering views of the bay and the municipal airport. Amenities include, pool, exercise facility. Beautiful New Kitchen & Flooring, extra storage, Two parking spaces, condo fee includes; Insurances and outside amenities. Season Tenant for Summer 2019. Showings will be permitted after Labor Day.

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 07/29/2019

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 07/29/2019

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1985

Lot Details

  • 5.47

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash, cable, pool
  • Nantucket Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,942

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Year Built: 1985
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Deck/Porch, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash, Cable, Pool
  • Condo Name: Nantucket
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Corner, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2013
Sold by
Mallas Patricia N and Hoover Patricia N
Bought by
Schwab Joseph
Current Estimated Value
$517,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$157,263
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$360,682

Purchase Details

Closed on
Jun 22, 2001
Sold by
Skutlin Joseph A
Bought by
Hoover Patricia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.09%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Sierra Anthony
Bought by
Skutlin Joseph and Skutlin Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.83%
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
Schwab Joseph $270,000 North American Title Agency
Hoover Patricia N $169,900 --
Skutlin Joseph $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Joseph $216,000
Previous Owner Hoover Patricia N $68,000
Previous Owner Skutlin Joseph $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $310,000 -3.1% --
09/15/2019 09/15/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $320,000 -- --
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 $2,942 $262,200 $98,600 $163,600
2024 $2,942 $262,200 $98,600 $163,600
2023 $2,808 $262,200 $98,600 $163,600
2022 $2,698 $262,200 $98,600 $163,600
2021 $1,956 $262,200 $98,600 $163,600
2020 $2,564 $262,200 $98,600 $163,600
2019 $2,353 $243,300 $98,600 $144,700
2018 $2,331 $243,300 $98,600 $144,700
2017 $2,294 $243,300 $98,600 $144,700
2016 $2,207 $243,300 $98,600 $144,700
2015 $2,178 $243,300 $98,600 $144,700
2014 $2,146 $243,300 $98,600 $144,700
Source: Public Records

Agents Affiliated with this Home

  • Christopher Oliva

    Seller's Agent in 2019

    Christopher Oliva

    Compass New Jersey-Ocean City (O463E)

    (609) 602-0508

    40 in this area

    78 Total Sales

    Christopher Oliva
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 525690

South Jersey Shore Regional MLS

APN: 08-02707-0000-00002-0000-C26

New Jersey Cape May County Ocean City 08226

115 Folger Ct Unit 26, Ocean City, NJ

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