NOT LISTED FOR SALE

118 S Inlet Dr Unit 118 South Inlet Driv Ocean City, NJ 08226

Estimated Value: $559,000 - $663,000

3 Beds
1.5 Baths
-- Sq Ft
4.1 Acres

Last Sold July 09, 2020

Last sale price $280,000

Est. 115% increase in value since last sale

Current estimated payment $3,462/month

271 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Community Pool

About This Home

As of July 2020

Rare three-bedroom in Ocean Village South, one of the nicest condo complexes on the island with a pool and renovated clubhouse, assigned parking, storage, and professional management. This second floor unit features three bedrooms with a one and a half bath in the Jack-and-Jill style, a galley kitchen, and a living room and dining area. Open and airy, bright and sunny.

Last Agent to Sell the Property

Ellen Senft

BERGER REALTY-A Listed on: 09/09/2019

Last Buyer's Agent

Nicole Presnall

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,024

Lot Details

  • 4.1

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Carpet
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include insurance, maintenance, management, pool
  • Ocean Village S Condos

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,024

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished, Rugs, Shades
  • Lvt Date: 09/16/2019
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second 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: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Storage Attic
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Pool
  • Condo Name: Ocean Village S
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jun 30, 2020
Sold by
Scherler William B and Scherler Norrine K
Bought by
Daywalt Damon and Daywalt Aimee
Seller's Agent
Ellen Senft
BERGER REALTY-A
Buyer's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
List Price
$329,900
Sold Price
$280,000
Premium/Discount to List
-$49,900
-15.13%
Current Estimated Value
$603,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,052
Avg. Annual Appreciation
15.74%
Original Mortgage
$224,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Daywalt Damon $280,000 None Available
-- $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daywalt Damon $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $280,000 -11.4% --
06/06/2020 06/06/20 Pending -- -- --
02/04/2020 02/04/20 Price Changed $315,900 -4.2% --
09/09/2019 09/09/19 For Sale $329,900 -- --
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 $3,024 $269,500 $131,700 $137,800
2024 $3,024 $269,500 $131,700 $137,800
2023 $2,886 $269,500 $131,700 $137,800
2022 $2,773 $269,500 $131,700 $137,800
2021 $2,010 $269,500 $131,700 $137,800
2020 $2,636 $269,500 $131,700 $137,800
2019 $2,606 $269,500 $131,700 $137,800
2018 $2,582 $269,500 $131,700 $137,800
2017 $2,541 $269,500 $131,700 $137,800
2016 $2,444 $269,500 $131,700 $137,800
2015 $2,412 $269,500 $131,700 $137,800
2014 $2,377 $269,500 $131,700 $137,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Ellen Senft

    BERGER REALTY-A

    13 in this area

    15 Total Sales

    Ellen Senft
    Section Image
  • Nicole Presnall

    Buyer's Agent in 2020

    Nicole Presnall

    BHHS Fox & Roach

    (609) 827-3119

    68 in this area

    101 Total Sales

    Nicole Presnall
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528019

South Jersey Shore Regional MLS

APN: 08-05950-0000-00008-0000-C10

New Jersey Cape May County Ocean City 08226

118 S Inlet Dr Unit 118 South Inlet Driv, Ocean City, NJ

This home is located at 118 S Inlet Dr Unit 118 South Inlet Driv, Ocean City, NJ 08226 since 09 September 2019 and is currently estimated at $603,052. 118 S Inlet Dr Unit 118 South Inlet Driv 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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