Seller's Agent in 2020
Rocco D'Armiento
BHHS Fox & Roach
(267) 980-8546
1 in this area
183 Total Sales
116 E 55th St Unit 5 Ocean City, NJ 08226
Estimated Value: $744,000 - $837,000
3
Beds
2.5
Baths
1,734
Sq Ft
$463/Sq Ft
Est. Value
Highlights
- 0.24 Acre Lot
- Deck
- 1 Fireplace
- Ocean City Primary School Rated A
- Traditional Architecture
- Central Air
About This Home
As of December 2020Excellent opportunity to own a prime townhome in Ocean City! 3 bedrooms, 2 1/2 bathrooms ideally located! 2 first floor bedrooms. One with a sliding door to one of three balconies. There is a full bathroom to be found on the first floor, as well. Second floor contains dining room, living room with cathedral ceilings and kitchen with an additional back deck and half bath. Third floor loft with large bedrooms, 2 closets and a full bathroom. 1 designated parking spot is included. Newer vinyl thermopane windows.
Last Agent to Sell the Property
(267) 980-8546 rocco.darmiento@foxroach.com BHHS Fox & Roach - Princeton License #560482 Listed on: 10/30/2020
Last Buyer's Agent
Non Member Member
beta@mris.net Metropolitan Regional Information Systems, Inc.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,609
Year Built
- Built in 1981
Lot Details
- 10,454
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,734 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 2 Parking Spaces
- 2 Assigned Parking Spaces
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Additional Features
- Deck
- Lot Dimensions are 90.00 x 115.00
Community Details
- Sunset Condominiums HOA
Listing and Financial Details
- Tax Lot 00013
- Assessor Parcel Number 08-05505-00013-C5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2020
Closed on
Dec 15, 2020
Sold by
Butler Mary L and Butler Stephen
Bought by
Fodera Leonard and Fodera Mary L
Seller's Agent
Rocco D'Armiento
BHHS Fox & Roach - Princeton
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,016
Avg. Annual Appreciation
14.49%
Purchase Details
Closed on
Jun 11, 2004
Sold by
Butler Philip and Butler Mary Lou
Bought by
Butler Mary Lou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.39%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Apr 30, 2004
Sold by
Sinclair Roberta
Bought by
Butler Philip and Butler Mary Lou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.39%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
May 24, 2002
Sold by
Horn Philip J
Bought by
Sinclair Roberta S
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
Interest Rate
7%
Purchase Details
Closed on
Dec 15, 1988
Sold by
Linton Linton H and Linton Doris
Bought by
Horn Philip and Horn Ellen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fodera Leonard | $420,000 | None Available | |
| Fodera Leonard | $420,000 | None Listed On Document | |
| Butler Mary Lou | -- | -- | |
| Butler Philip | $415,000 | Congress Title Company | |
| Sinclair Roberta S | $270,000 | -- | |
| Horn Philip | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Butler Philip | $130,000 | |
| Previous Owner | Sinclair Roberta S | $216,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $420,000 | -1.2% | $242 / Sq Ft |
| 11/15/2020 11/15/20 | Pending | -- | -- | -- |
| 10/30/2020 10/30/20 | For Sale | $425,000 | -- | $245 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,140 | $369,000 | $214,600 | $154,400 |
| 2024 | $4,140 | $369,000 | $214,600 | $154,400 |
| 2023 | $3,952 | $369,000 | $214,600 | $154,400 |
| 2022 | $3,797 | $369,000 | $214,600 | $154,400 |
| 2021 | $3,609 | $369,000 | $214,600 | $154,400 |
| 2020 | $3,609 | $369,000 | $214,600 | $154,400 |
| 2019 | $3,568 | $369,000 | $214,600 | $154,400 |
| 2018 | $3,535 | $369,000 | $214,600 | $154,400 |
| 2017 | $3,480 | $369,000 | $214,600 | $154,400 |
| 2016 | $3,347 | $369,000 | $214,600 | $154,400 |
| 2015 | $3,303 | $369,000 | $214,600 | $154,400 |
| 2014 | $3,255 | $369,000 | $214,600 | $154,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rocco D'Armiento
-
N
Buyer's Agent in 2020
Non Member Member
Metropolitan Regional Information Systems
Map
Source: Bright MLS
MLS Number: NJCM104548
APN: 08-05505-0000-00013-0000-C5
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