NOT LISTED FOR SALE

15 Spinnaker Ct Unit 64 Ocean City, NJ 08226

Estimated Value: $659,000 - $794,000

2 Beds
2.5 Baths
-- Sq Ft
610 Sq Ft Lot

Last Sold July 27, 2015

Last sale price $315,000

Est. 136% increase in value since last sale

Current estimated payment $4,165/month

24 Days on Market

Highlights

  • Clubhouse
  • Deck
  • End Unit
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of July 2015

Beautiful 2 bedroom, 2.5 bath corner Ocean Reef townhome. New carpet throughout, brand new furniture included in sale (less personal exclusions), plantation shutters, 2 wraparound decks, large master. Only steps away from everything Ocean Reef has to offer, 2 pools, 2 newly finished tennis courts, clubhouse, and 30 private docks available for purchase or rent to Ocean Reef owners only! Call today to make an appointment!

Last Agent to Sell the Property

JACLYN SPIEGEL

OCEAN REEF CLUB REALTY Listed on: 06/01/2015

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1985

Lot Details

  • 610

Parking

  • Assigned Parking

Home Design

  • Cedar Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Entrance Foyer
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • End Unit
  • Central Air

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,191

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Furnished
  • Year Built: 1985
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Outside Shower, Pool, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Cedar, Stucco

Garage/Parking

  • Parking Exterior: Assigned

Utilities

  • Air Conditioner: Central
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash
  • Condo Name: Ocean Reef
  • Management: Association, On-Site Professionals

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Cathedral Ceiling(s), Foyer, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 27, 2015
Sold by
Malott Joseph F
Bought by
Mcgarvey James S and Mcgarvey Maureen A
Seller's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$743,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,472
Avg. Annual Appreciation
8.73%
Original Mortgage
$283,500
Outstanding Balance
$222,515
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$520,957

Purchase Details

Closed on
Apr 16, 2013
Sold by
Leo Michael L and Leo Frances
Bought by
Malott Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2011
Sold by
Mcdonald Brian and Mcdonald Theresa
Bought by
Leo Michael L and Leo Frances

Purchase Details

Closed on
Apr 22, 1994
Sold by
Novello Joseph A
Bought by
Donald Brian Mc Deonald and Mcdonald Theresa Mc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.7%
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
Mcgarvey James S $315,000 Attorney
Malott Joseph F $300,000 None Available
Leo Michael L $250,000 North American Title Agency
Donald Brian Mc Deonald $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgarvey James S $283,500
Previous Owner Malott Joseph F $240,000
Previous Owner Donald Brian Mc Deonald $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2015 07/27/15 Sold $315,000 0.0% --
06/25/2015 06/25/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $315,000 -- --
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 $3,191 $284,400 $94,400 $190,000
2024 $3,191 $284,400 $94,400 $190,000
2023 $3,046 $284,400 $94,400 $190,000
2022 $2,926 $284,400 $94,400 $190,000
2021 $2,122 $284,400 $94,400 $190,000
2020 $2,781 $284,400 $94,400 $190,000
2019 $2,750 $284,400 $94,400 $190,000
2018 $2,725 $284,400 $94,400 $190,000
2017 $2,682 $284,400 $94,400 $190,000
2016 $2,580 $284,400 $94,400 $190,000
2015 $2,545 $284,400 $94,400 $190,000
2014 $2,508 $284,400 $94,400 $190,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    JACLYN SPIEGEL

    OCEAN REEF CLUB REALTY

    (609) 287-3233

    14 in this area

    15 Total Sales

    JACLYN SPIEGEL
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2015

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    209 in this area

    316 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 449244

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C64

New Jersey Cape May County Ocean City 08226

15 Spinnaker Ct Unit 64, Ocean City, NJ

This home is located at 15 Spinnaker Ct Unit 64, Ocean City, NJ 08226 since 01 June 2015 and is currently estimated at $743,472. This property was built in 1985. 15 Spinnaker Ct Unit 64 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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