NOT LISTED FOR SALE

12 Bass Ct Unit 12 Ocean City, NJ 08226

Estimated Value: $701,000 - $865,000

3 Beds
2.5 Baths
1,727 Sq Ft
915 Sq Ft Lot

Last Sold November 02, 2018

Last sale price $442,000 $256 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,645/month

394 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Clubhouse
  • Ocean City Primary School Rated A
  • Unit is on the top floor
  • Deck

About This Home

As of November 2018

ONLY one of its kind on the market! *Recently completely remodeled *3 Bedrooms 2.5 Baths *Brand New Gas Heat and remote controlled gas fireplace surrounded by stunning floor to ceiling white ledger stone *New Washer & Dryer *Kitchen with stainless steel appliances and granite countertops *Built in breakfast nook w/ storage under seating *New carpeting and hardwood floors *New tiled bathroom floors *Master Suite with two large closets (one is a new custom walk-in) plus other closet w/ attic storage *Another Master Suite with a large closet *Nice sized 3rd bedroom *Soaring Cathedral ceiling in spacious living and dining area *Convenient access to the pool *2 Decks/Back deck with bay views and breathtaking seasonal sunsets *Steps away from tennis, boating, kayaking, paddle boarding, and fishing *Municipal 12 hole golf course nearby *Gated Community *2 assigned parking spaces included *Mostly furnished *BRING OFFERS!

Last Agent to Sell the Property

Thomas Palermo

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #SB-7818322 Listed on: 09/11/2017

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

TANYA PINKERTON

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 1984

Lot Details

  • 915

Property Views

  • Water
  • Pool

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Area
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Cul-De-Sac
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash
  • Ocean Reef Condos

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,847

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 09/11/2017
  • Year Built: 1984
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Pool View, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Storage Attic
  • Common Area Features: Bulkheaded, Clubhouse/Clubroom, Deck/Porch, Dock/Boat Slip, Pool, Tennis Court

Exterior Features

  • Siding Exterior: Wood

Garage/Parking

  • Parking Exterior: Two Car, Assigned, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash
  • Condo Name: Ocean Reef
  • Management: Association

Lot Info

  • Location: Bulkheaded, Cul-De-Sac, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 2, 2018
Sold by
Harvey Meredith M
Bought by
Stevenson Charles D and Stevenson Patricia A
Seller's Agent
Thomas Palermo
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
TANYA PINKERTON
BERGER REALTY-Main
List Price
$498,500
Sold Price
$442,000
Premium/Discount to List
-$56,500
-11.33%
Current Estimated Value
$818,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,141
Avg. Annual Appreciation
9.22%

Purchase Details

Listed on
Sep 1, 2016
Closed on
Jan 23, 2017
Sold by
Turner Bart and Mcparland Turner Kelly A
Bought by
Morrison Harvey Meredith
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Thomas Palermo
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Turner Bart and Mcpharland Kelly A
Bought by
Turner Bart and Mcparland Turner Kelly A

Purchase Details

Closed on
Aug 1, 2008
Sold by
Angelo Alfred
Bought by
Turner Bart and Mcpharland Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 26, 2002
Sold by
Weirich Robert C
Bought by
Angelo Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.18%
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
Stevenson Charles D $442,000 --
Morrison Harvey Meredith $390,000 Freedom Title And Abstract
Turner Bart -- None Available
Turner Bart $460,000 None Available
Angelo Alfred $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Bart $368,000
Previous Owner Angelo Alfred $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2018 11/02/18 Sold $442,000 -7.6% $256 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $478,500 -2.0% $277 / Sq Ft
04/18/2018 04/18/18 Price Changed $488,500 -2.0% $283 / Sq Ft
09/11/2017 09/11/17 For Sale $498,500 +27.8% $289 / Sq Ft
01/23/2017 01/23/17 Sold $390,000 0.0% $226 / Sq Ft View Prior Sale
01/02/2017 01/02/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $390,000 -- $226 / Sq Ft
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 $3,847 $342,900 $109,100 $233,800
2024 $3,847 $342,900 $109,100 $233,800
2023 $3,672 $342,900 $109,100 $233,800
2022 $3,528 $342,900 $109,100 $233,800
2021 $2,558 $342,900 $109,100 $233,800
2020 $3,354 $342,900 $109,100 $233,800
2019 $3,316 $342,900 $109,100 $233,800
2018 $3,285 $342,900 $109,100 $233,800
2017 $2,820 $299,000 $109,100 $189,900
2016 $2,712 $299,000 $109,100 $189,900
2015 $2,676 $299,000 $109,100 $189,900
2014 $2,637 $299,000 $109,100 $189,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 493843

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C38