NOT LISTED FOR SALE

127 Wahoo Dr Ocean City, NJ 08226

Estimated Value: $892,000 - $1,113,000

3 Beds
3 Baths
1,700 Sq Ft
523 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $502,500 $296 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,536/month

75 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Unit is on the top floor
  • Deck
  • Ocean City Primary School Rated A
  • Clubhouse
  • Loft

About This Home

As of April 2018

Incredible Ocean Reef 3BR/3BA 2nd floor condo with unobstructed views of the bay and inter-coastal way from all rooms. This spectacular condo is in pristine condition with many recent Upgrades including kitchen with granite counters, wood bead board cabinets and recently installed tile back-splash, oven and microwave. Other recent upgrades include beautiful floor to ceiling stacked stone fireplace wall, Pella picture window, mostly new paint and carpet throughout, Wi-Fi enabled thermostat, built in window seat with custom Sun-brella anti-fade cushion, two wine/beverage coolers with granite tops, tile flooring in kitchen and foyer, HVAC system and hot water heater. Plantation shutters in guest bedroom and huge master bedroom with vaulted ceilings. Big master bath with double granite vanity top and huge walk-in shower with double shower heads. Large loft includes built in shelving great for office space or lounge area. Ocean Reef amenities include two swimming pools, tennis courts, clubhouse, manicured grounds and professional onsite property management. Boat slips available for rent!

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 11/29/2017

Last Buyer's Agent

Suzanne Hampton

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1986

Lot Details

  • 523

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor
  • Unit is on the top floor

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,853

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Fireplace Equipment, Partially Furnished, Rugs
  • Lvt Date: 11/29/2017
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Laundry/Utility Room, Loft
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Pool, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Stucco, Wood

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Central
  • Heating: Electric, Forced Air, Heat Pump
  • 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: On-Site Professionals

Lot Info

  • Location: Bay Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Apr 6, 2018
Sold by
Robb Ronald W and Robb Sherry L
Bought by
Fisher Stacy A
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Suzanne Hampton
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$524,900
Sold Price
$502,500
Premium/Discount to List
-$22,400
-4.27%
Current Estimated Value
$967,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,423
Avg. Annual Appreciation
9.08%
Original Mortgage
$402,000
Outstanding Balance
$345,874
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$622,049

Purchase Details

Listed on
Jan 28, 2015
Closed on
Nov 20, 2015
Sold by
Christofely George M
Bought by
Robb Ronald W and Robb Sherry L
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%

Purchase Details

Closed on
Jan 3, 2003
Sold by
Mascaro Joel P
Bought by
Christofely George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.19%

Purchase Details

Closed on
Jun 13, 1998
Sold by
Roedel Paul R
Bought by
Raphaels Lewis and Rafaels Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 19, 1990
Sold by
Schweikart John and Schweikart Alana
Bought by
Roedel Paul and Roedel June
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
Fisher Stacy A $502,500 --
Robb Ronald W $460,000 The Company Of Jersey
Christofely George M $435,000 --
Raphaels Lewis $212,000 --
Roedel Paul $292,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Stacy A $402,000
Previous Owner Christofely George M $185,000
Previous Owner Raphaels Lewis $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2018 04/06/18 Sold $502,500 -4.3% $296 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $524,900 +14.1% $309 / Sq Ft
11/20/2015 11/20/15 Sold $460,000 0.0% $271 / Sq Ft View Prior Sale
10/25/2015 10/25/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $460,000 -- $271 / 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 $4,853 $432,500 $163,000 $269,500
2024 $4,853 $432,500 $163,000 $269,500
2023 $4,632 $432,500 $163,000 $269,500
2022 $4,450 $432,500 $163,000 $269,500
2021 $3,226 $432,500 $163,000 $269,500
2020 $4,230 $432,500 $163,000 $269,500
2019 $4,182 $432,500 $163,000 $269,500
2018 $4,143 $432,500 $163,000 $269,500
2017 $4,078 $432,500 $163,000 $269,500
2016 $3,923 $432,500 $163,000 $269,500
2015 $3,167 $353,900 $163,000 $190,900
2014 $3,121 $353,900 $163,000 $190,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497681

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C163