NOT LISTED FOR SALE

12 Spruce Rd Ocean City, NJ 08226

Estimated Value: $1,065,000 - $4,301,000

0.12 Acre
$21,880,817 Price per Acre
5,009 Sq Ft Lot

Last Sold October 15, 2012

Last sale price $425,000

Est. 492% increase in value since last sale

Current estimated payment $14,183/month

19 Days on Market

About This Lot

As of October 2012

This home is located at 12 Spruce Rd, Ocean City, NJ 08226 since 25 July 2012 and is currently estimated at $2,516,294. 12 Spruce Rd 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.

Last Agent to Sell the Property

DONNA BROWN

BERGER REALTY-Main Listed on: 07/25/2012

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,725

Lot Details

  • Lot Dimensions are 50x100
  • Cleared Lot

Property Details

Property Type

Land

Est. Annual Taxes

$10,725

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Lot Info

  • Lot Dimensions: 50x100
  • Number Of Lots: One
  • Topography: Cleared
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Oct 16, 2012
Sold by
James Michael A and James Heather Holtzapfel
Bought by
Fusco Anthony T and Fusco Linda J
Seller's Agent
DONNA BROWN
BERGER REALTY-Main
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$2,516,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,091,294
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Apr 11, 2012
Sold by
Sandbox Group Llc
Bought by
James Michael A and James Heather Holtzapfel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Brown Robert H and Brown Jean C
Bought by
Sandbox Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1988
Sold by
Sulzbach Frank
Bought by
Brown Robert and Brown Jean
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
Fusco Anthony T $425,000 None Available
James Michael A $421,940 Chicago Title
Sandbox Group Llc $645,000 Surety Title Corporation
Brown Robert $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Michael A $337,500
Previous Owner Sandbox Group Llc $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $425,000 0.0% --
08/13/2012 08/13/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $425,000 -- --
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 $10,725 $955,900 $390,000 $565,900
2024 $10,725 $955,900 $390,000 $565,900
2023 $10,238 $955,900 $390,000 $565,900
2022 $9,836 $955,900 $390,000 $565,900
2021 $7,131 $955,900 $390,000 $565,900
2020 $9,349 $955,900 $390,000 $565,900
2019 $9,244 $955,900 $390,000 $565,900
2018 $9,158 $955,900 $390,000 $565,900
2017 $9,014 $955,900 $390,000 $565,900
2016 $8,670 $955,900 $390,000 $565,900
2015 $8,555 $955,900 $390,000 $565,900
2014 $8,431 $390,000 $390,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    DONNA BROWN

    BERGER REALTY-Main

    36 in this area

    39 Total Sales

    DONNA BROWN
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2012

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    160 in this area

    509 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 398341

South Jersey Shore Regional MLS

APN: 08-02010-0000-00007

New Jersey Cape May County Ocean City 08226

12 Spruce Rd, Ocean City, NJ

This home is located at 12 Spruce Rd, Ocean City, NJ 08226 since 25 July 2012 and is currently estimated at $2,516,294. 12 Spruce Rd 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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