NOT LISTED FOR SALE

15 Arkansas Ave Ocean City, NJ 08226

Estimated Value: $2,125,000 - $3,913,000

5 Beds
6 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $2,650,000

Est. 26% increase in value since last sale

Current estimated payment $20,179/month

2 Days on Market

Highlights

  • New Construction
  • Deck
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2022

Royalty in the Riviera! Single family with three-stories of expansive living in this custom home. First floor will host your large living room with gas fireplace & dining room, fully equipped kitchen with center island including additional seating and plenty of room to entertain guests, foyer to mudroom, full bathroom, multiple porches & study/6th bedroom. Second floor will boast 4 bedrooms & 4 bathrooms. Third floor includes the master bedroom & bathroom, open deck to sun or covered porch to cozy up with a great read. Custom upgrades include elevator, additional family room on the second floor, one of a kind floor plan and more! Customize with ample time to make selections, choose colors and upgrade your finishes. Outdoor oasis with in ground pool, plush landscaping, outdoor fireplace, grilling area, cabana, outstanding entertainment all Summer long! One car garage, ample parking, decks & porches galore, irrigation...the list goes on!

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 11/02/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 11/02/2021

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,566

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 70 x 100
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • 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

$23,566

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 11/02/2021
  • New Construction: Yes
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 6
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Deck, Outside Shower, Patio, Porch, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

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

  • Lot Dimensions: 70 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
May 24, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Berberian Brian Matthew and Berberian Kaitlyn Ryan
Seller's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$2,729,900
Sold Price
$2,650,000
Premium/Discount to List
-$79,900
-2.93%
Current Estimated Value
$3,349,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,465
Avg. Annual Appreciation
7.45%

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 4, 2021
Sold by
V2 Properties Entity 7 Llc
Bought by
1St Bank Of Sea Isle City
Seller's Agent
Christie Martin
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.60%
Original Mortgage
$1,526,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 28, 2021
Sold by
V2 Properties Entity 7 Llc
Bought by
1St Bank Of Sea Isle City
Seller's Agent
Christie Martin
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,526,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2020
Sold by
Ebensperger E C Est
Bought by
Ebensperger E C Est
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
Berberian Brian Matthew $2,650,000 Teitler Avery S
1St Bank Of Sea Isle City -- Freedom Title
1St Bank Of Sea Isle City -- Freedom Title
V2 Prop Entity 7 Llc $1,125,000 Freedom Title
V2 Properties Entity 7 Llc $1,125,000 Freedom Title
Ebensperger E C Est -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner V2 Properties Entity 7 Llc $1,526,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $2,650,000 -2.9% --
11/04/2021 11/04/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $2,729,900 +142.7% --
05/28/2021 05/28/21 Sold $1,125,000 -10.0% --
04/13/2021 04/13/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,250,000 -- --
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 $23,566 $2,100,400 $436,000 $1,664,400
2024 $23,566 $2,100,400 $436,000 $1,664,400
2023 $22,495 $2,100,400 $436,000 $1,664,400
2022 $4,486 $436,000 $436,000 $0
2021 $4,382 $436,000 $436,000 $0
2020 $4,264 $436,000 $436,000 $0
2019 $4,216 $436,000 $436,000 $0
2018 $4,177 $436,000 $436,000 $0
2017 $4,111 $436,000 $436,000 $0
2016 $3,955 $436,000 $436,000 $0
2015 $3,902 $436,000 $436,000 $0
2014 $4,279 $485,100 $436,000 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557075

South Jersey Shore Regional MLS

APN: 08-01816-0000-00008