NOT LISTED FOR SALE

1500 Boardwalk Unit 202 Ocean City, NJ 08226

Estimated Value: $567,000 - $819,000

1 Bed
1 Bath
543 Sq Ft
0.31 Acres

Last Sold March 27, 2020

Last sale price $482,500 $889 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,238/month

84 Days on Market

Highlights

  • Ocean Front
  • Unit is on the top floor
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of March 2020

Now is your chance to own in Beautiful Cape House!!! 2nd floor Condo has been meticulously maintained . New Condenser unit, new refrigerator, upgraded TV, and over the counter kitchen storage bins. Bamboo flooring,this unit is fully furnished in Tommy Bahama like furniture. All you need are your clothes and toothbrush.Kitchen boasts stainless steel appliances, Bosch washer and dryer in unit. 2 parking spaces 11-12 one is covered. Elevator in lobby. Secure building. Deck box for storage of your beach gear. This unit has a great rental history and a few weeks in place for 2020. Buy now and collect the rents!!!!

Last Agent to Sell the Property

Gloria Votta

BHHS FOX and ROACH-Simpson OC Listed on: 10/14/2019

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Kevin Kozak

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 2006

Lot Details

  • 0.31

Parking

  • 2 Parking Spaces

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ocean Front
  • Unit is on the top floor

Community Details

Overview

  • Association fees include maintenance, management, trash, gas
  • Cape House Condos

Amenities

  • Building Patio
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,726

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Rugs
  • Lvt Date: 10/14/2019
  • Year Built: 2006
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Elevator, Outside Shower, Patio

Exterior Features

  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Maintenance, Management, Trash, Gas
  • Condo Name: Cape House
  • Management: Association

Lot Info

  • Location: Boardwalk Front, Ocean Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Cape House Condominium Association Inc
Current Estimated Value
$706,953

Purchase Details

Closed on
Jan 31, 2024
Sold by
Cape House Condominium Association Inc
Bought by
Given Not

Purchase Details

Closed on
Oct 16, 2023
Sold by
Cape House Condominium Association Inc
Bought by
Given Not
Source: Public Records

Range of Values:

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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
-- -- None Listed On Document
-- -- None Listed On Document
Given Not -- None Listed On Document
Given Not -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barone Joe $49,999
Previous Owner Reichert Robert A $261,800
Previous Owner Reichert Robert A $308,000
Previous Owner Reichert Robert A $307,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $482,500 -2.5% $889 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $495,000 -- $912 / 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 $4,726 $421,200 $265,700 $155,500
2024 $4,726 $421,200 $265,700 $155,500
2023 $4,511 $421,200 $265,700 $155,500
2022 $4,334 $421,200 $265,700 $155,500
2021 $3,142 $421,200 $265,700 $155,500
2020 $4,119 $421,200 $265,700 $155,500
2019 $4,073 $421,200 $265,700 $155,500
2018 $4,035 $421,200 $265,700 $155,500
2017 $3,972 $421,200 $265,700 $155,500
2016 $3,820 $421,200 $265,700 $155,500
2015 $3,770 $421,200 $265,700 $155,500
2014 $3,715 $421,200 $265,700 $155,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529324

South Jersey Shore Regional MLS

APN: 08-01501-0000-00011-0000-C202