NOT LISTED FOR SALE

123 Victoria Ln Ocean City, NJ 08226

Estimated Value: $1,094,000 - $1,497,000

5 Beds
3.5 Baths
2,252 Sq Ft
$569/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $815,000 $362 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,450/month

1 Day on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Living Room with Fireplace
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2022

Best Buy Newer Single Family Home! This charming and spacious 4 bedroom/3.5 bath single with bay/meadow views on large 50x100' lot is in one of Ocean City's finest family neighborhood! Features include: beautiful hardwood flooring on first floor, stairs and 2nd floor hallway. First floor boasts a Jr. Master Suite, living room, dining room, gourmet kitchen, and hallway powder room, plus cozy front porche & spacious rear decks. Eat-in kitchen is upscale with granite counters, beautiful cherry cabinetry and S/S appliances. Second floor offers master suite with direct access to large private deck overlooking the Intracoastal Waterway and meadow views. There are two spacious additional bedrooms and hallway bathroom on this floor. Third floor has large bonus room that could be used as a 5th bedroom! Two separate HVAC (gas heat) systems provide outstanding climate control. This premier home is among the most elevated in the neighborhood, and is eager to make incredible memories with you and your friends & family! Great location! (Quiet Single Family Neighborhood) Great Property! (Newer and in Excellent Condition) Great Value! (Lowest Priced Newer Single Family) See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 12/10/2021

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Colin Halliday

BERGER REALTY-D

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,406

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50x100
  • Fenced
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,406

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Curtains, Fireplace Equipment, Partially Furnished, Rugs
  • Lvt Date: 12/11/2021
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Great Room, Laundry/Utility Room, Pantry, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Lot Info

  • Location: Water View
  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Mar 1, 2022
Sold by
Susan Gillian
Bought by
Halliday Colin
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Colin Halliday
BERGER REALTY-D
List Price
$849,900
Sold Price
$815,000
Premium/Discount to List
-$34,900
-4.11%
Current Estimated Value
$1,282,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,487
Avg. Annual Appreciation
15.08%
Original Mortgage
$647,200
Outstanding Balance
$604,222
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$735,724

Purchase Details

Closed on
May 7, 2004
Sold by
Palumbo Raymond W and Pellini Michael A
Bought by
Gillian Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Valianti Michael R
Bought by
Palumbo Raymond W and Pellini Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.98%

Purchase Details

Closed on
Oct 30, 2002
Sold by
Scheibein James J
Bought by
Pellini Raymond W and Pellini Michael A
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
Halliday Colin $815,000 Title Company Of Jersey
Gillian Susan $585,000 --
Palumbo Raymond W -- --
Pellini Raymond W $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halliday Colin $647,200
Previous Owner Gillian Susan M $250,000
Previous Owner Gillian Susan $400,000
Previous Owner Gillian Susan M $300,000
Previous Owner Gillian Susan $585,000
Previous Owner Palumbo Raymond W $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $815,000 -4.1% $362 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $849,900 -- $377 / 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 $7,406 $660,100 $220,000 $440,100
2024 $7,406 $660,100 $220,000 $440,100
2023 $7,070 $660,100 $220,000 $440,100
2022 $6,077 $590,600 $220,000 $370,600
2021 $5,450 $590,600 $220,000 $370,600
2020 $5,776 $590,600 $220,000 $370,600
2019 $5,711 $590,600 $220,000 $370,600
2018 $5,658 $590,600 $220,000 $370,600
2017 $5,569 $590,600 $220,000 $370,600
2016 $5,357 $590,600 $220,000 $370,600
2015 $5,286 $590,600 $220,000 $370,600
2014 $5,209 $590,600 $220,000 $370,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 558089

South Jersey Shore Regional MLS

APN: 08-03508-0000-00027