NOT LISTED FOR SALE

14 W 17th St Ocean City, NJ 08226

Estimated Value: $1,646,953 - $2,258,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $1,050,000

Est. 93% increase in value since last sale

Current estimated payment $11,767/month

165 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • 4-minute walk to 14 Th Street Playground

About This Home

As of June 2020

Bay front duplex on HUGE lot on the end of the 17th Street lagoon! Property features 2 large deep water boat slips, a pool and southern exposure giving you sun on your back deck all day! The 1st floor features 3 bedrooms, 1 bathroom and nice size living area that leads to the expansive back deck overlooking the lagoon. 2nd floor offers a small 1 bedroom unit with access to a large deck with incredible bay views. Perfect summer retreat or build your dream home on this massive bay front lot! Call listing agent for more details.

Last Agent to Sell the Property

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City Listed on: 12/09/2019

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Gray Haenn

BERGER REALTY-Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,804

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Bay Views
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,804

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 12/09/2019
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Outside Features: Bay View, In Ground Pool, Deck
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded, Lagoon Front, Water View
  • Lot Dimensions: 76x104 irr per tax record

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jun 5, 2020
Sold by
Johnson Freida E
Bought by
Morad Daniel
Seller's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Gray Haenn
BERGER REALTY-Main
List Price
$1,499,000
Sold Price
$1,050,000
Premium/Discount to List
-$449,000
-29.95%
Current Estimated Value
$2,024,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,738
Avg. Annual Appreciation
13.38%
Original Mortgage
$840,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1994
Sold by
Johnson Jay R
Bought by
Edmund Robert and Edmund Ann

Purchase Details

Closed on
Sep 20, 1993
Sold by
Stephan Darlene B
Bought by
Johnson Jay Robert and Johnson Frieda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.1%
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
Morad Daniel $1,050,000 Misc Company
Edmund Robert $53,500 --
Johnson Jay Robert $337,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morad Daniel $3,600,000
Closed Morad Daniel $826,000
Closed Morad Daniel $840,000
Previous Owner Johnson Jay Robert $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $1,050,000 -12.4% --
05/22/2020 05/22/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $1,199,000 -20.0% --
12/09/2019 12/09/19 For Sale $1,499,000 -- --
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 $8,804 $745,200 $724,000 $21,200
2024 $8,804 $784,700 $724,000 $60,700
2023 $8,404 $784,700 $724,000 $60,700
2022 $8,075 $784,700 $724,000 $60,700
2021 $7,673 $784,700 $724,000 $60,700
2020 $7,674 $784,700 $724,000 $60,700
2019 $7,588 $784,700 $724,000 $60,700
2018 $7,517 $784,700 $724,000 $60,700
2017 $7,402 $784,900 $724,000 $60,900
2016 $7,119 $784,900 $724,000 $60,900
2015 $7,025 $784,900 $724,000 $60,900
2014 $6,923 $784,900 $724,000 $60,900
Source: Public Records

Agents Affiliated with this Home

  • Francis Davish

    Seller's Agent in 2020

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    88 in this area

    140 Total Sales

    Francis Davish
    Section Image
  • Gray Haenn

    Buyer's Agent in 2020

    Gray Haenn

    BERGER REALTY-Main

    (215) 421-7609

    144 in this area

    163 Total Sales

    Gray Haenn
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531270

South Jersey Shore Regional MLS

APN: 08-01711-0000-00024

New Jersey Cape May County Ocean City 08226

14 W 17th St, Ocean City, NJ

This home is located at 14 W 17th St, Ocean City, NJ 08226 since 09 December 2019 and is currently estimated at $2,024,738. 14 W 17th St 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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