NOT LISTED FOR SALE

12 Spinnaker Ct Unit 12 Ocean City, NJ 08226

Estimated Value: $374,000 - $630,000

2 Beds
1.5 Baths
920 Sq Ft
$595/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $293,000 $318 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,150/month

148 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Tennis Courts
  • Ocean City Primary School Rated A
  • Community Pool
  • Cul-De-Sac

About This Home

As of January 2020

Don't miss this beautifully updated 2 bedroom / 1.5 bath townhome style condo in Ocean Reef. Set back in a quiet area with great exposure for plenty of natural light, this location is ideal. Close to the tennis courts, pool, and club house, this condo will not last long on the market. Designer updates include an open and fresh kitchen, great built in fireplace, updated 1st floor powder room, custom full bath with large stand up shower, and everything has been maintained with the utmost care. Come see this one before it's gone....

Last Agent to Sell the Property

Chris Monihan

MONIHAN REALTY Listed on: 05/03/2019

Last Buyer's Agent

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,337

Lot Details

  • 653

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Cul-De-Sac

Community Details

Overview

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

Amenities

  • Building Patio
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,337

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Partially Furnished
  • Lvt Date: 05/03/2019
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Powder Room Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Patio, Pool, Tennis Court

Exterior Features

  • Siding Exterior: Stucco, Wood

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Cul-De-Sac

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2017
Sold by
Ward Victoria
Bought by
Wheaton Alice M
Current Estimated Value
$547,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$201,215
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$346,380

Purchase Details

Closed on
May 29, 2012
Sold by
Delpizzo Matthew and Delpizzo Del Pizzo
Bought by
Ward Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2008
Sold by
Design One Llc
Bought by
Delpizzo Matthew A and Delpizzo Del Pizzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Votta Domenico and Votta Joan
Bought by
Design One Llc

Purchase Details

Closed on
Apr 16, 1999
Sold by
Waddell Linda
Bought by
Arwood George and Arwood Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.95%
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
Wheaton Alice M $300,000 None Available
Ward Victoria $307,000 North American Title Agency
Delpizzo Matthew A $315,000 None Available
Design One Llc $270,000 --
Arwood George $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheaton Alice M $240,000
Previous Owner Ward Victoria $245,000
Previous Owner Delpizzo Matthew A $236,000
Previous Owner Arwood George $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $293,000 -1.3% $318 / Sq Ft
09/29/2019 09/29/19 For Sale $297,000 +1.4% $323 / Sq Ft
09/29/2019 09/29/19 Off Market $293,000 -- --
09/28/2019 09/28/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $297,000 -7.0% $323 / Sq Ft
07/17/2019 07/17/19 Price Changed $319,500 +7.6% $347 / Sq Ft
07/12/2019 07/12/19 Price Changed $297,000 -4.2% $323 / Sq Ft
06/26/2019 06/26/19 Price Changed $309,900 -3.0% $337 / Sq Ft
06/26/2019 06/26/19 Price Changed $319,500 +3.1% $347 / Sq Ft
06/21/2019 06/21/19 Price Changed $309,900 -3.0% $337 / Sq Ft
06/12/2019 06/12/19 Price Changed $319,500 -2.9% $347 / Sq Ft
05/03/2019 05/03/19 Price Changed $329,000 +1.2% $358 / Sq Ft
05/03/2019 05/03/19 For Sale $325,000 -- $353 / 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 $3,337 $297,400 $92,200 $205,200
2024 $3,337 $297,400 $92,200 $205,200
2023 $3,185 $297,400 $92,200 $205,200
2022 $3,060 $297,400 $92,200 $205,200
2021 $2,219 $297,400 $92,200 $205,200
2020 $2,909 $297,400 $92,200 $205,200
2019 $2,876 $297,400 $92,200 $205,200
2018 $2,849 $297,400 $92,200 $205,200
2017 $2,804 $297,400 $92,200 $205,200
2016 $2,697 $297,400 $92,200 $205,200
2015 $2,662 $297,400 $92,200 $205,200
2014 $2,623 $297,400 $92,200 $205,200
Source: Public Records

Agents Affiliated with this Home

  • Chris Monihan

    Seller's Agent in 2020

    Chris Monihan

    MONIHAN REALTY

    (609) 602-3336

    88 in this area

    110 Total Sales

    Chris Monihan
    Section Image
  • RONALD C GIFFORD JR.

    Buyer's Agent in 2020

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    105 in this area

    116 Total Sales

    RONALD C GIFFORD JR.
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 521696

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C66

New Jersey Cape May County Ocean City 08226

12 Spinnaker Ct Unit 12, Ocean City, NJ

This home is located at 12 Spinnaker Ct Unit 12, Ocean City, NJ 08226 since 03 May 2019 and is currently estimated at $547,595, approximately $595 per square foot. 12 Spinnaker Ct Unit 12 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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