NOT LISTED FOR SALE

Estimated Value: $241,000 - $275,000

2 Beds
2 Baths
808 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $165,000 $204 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,708/month

16 Days on Market

Highlights

  • Boat Dock
  • Deck
  • End Unit
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Ground Level Unit

About This Home

As of April 2022

Bayfront Condo in Chelsea just a short walk to beach. Two bedroom-two bath corner unit with large waterfront deck and private boat slip in Bay Colony Condominium. Recently renovated. Where can you find a waterfront unit with boat slip and deck for under $150,000?

Last Agent to Sell the Property

Kevin Corocan

KEVIN CORCORAN REAL ESTATE License #EB-7837814 Listed on: 02/08/2022

Last Buyer's Agent

Melissa Anthony

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #0230747

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,559

Year Built

  • 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water
  • Bay Colony Condos

Amenities

  • Community Storage Space

Recreation

  • Boat Dock

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,559

Year Built

1973

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 02/10/2022
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, First Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Refrigerator, Self Cleaning Oven
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Bay Colony
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 7, 2022
Sold by
Bay Colony Condominium Association
Bought by
Davis Whitney and Beyer Steven
Seller's Agent
Kevin Corocan
KEVIN CORCORAN REAL ESTATE
Buyer's Agent
Melissa Anthony
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$149,000
Sold Price
$165,000
Premium/Discount to List
$16,000
10.74%
Total Days on Market
16
Current Estimated Value
$252,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,357
Avg. Annual Appreciation
14.30%
Original Mortgage
$125,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 8, 2014
Sold by
The Federal Home Loan Mortgage Corp and Zucker Leonard B
Bought by
Lee Gregory J
Seller's Agent
Jacqueline Andrews
CASA BELLA REALTORS
List Price
$52,500
Sold Price
$52,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%

Purchase Details

Closed on
Jun 3, 2014
Sold by
Brady Lisa and Wester Stefan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 25, 2002
Sold by
Ginn M Michael
Bought by
Brady Lisa and Wester Stefan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Davis Whitney $165,000 Surety Title
Lee Gregory J $52,500 Fortune Title Agency Inc
Federal Home Loan Mortgage Corporation -- None Available
Brady Lisa $135,000 --
Brady Lisa $135,000 Premier Abstract & Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Whitney Ann $137,000
Previous Owner Davis Whitney $125,000
Previous Owner Brady Lisa $221,000
Previous Owner Brady Lida $34,345
Previous Owner Brady Lisa A $102,000
Previous Owner Brady Lisa $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $165,000 +10.7% $204 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $149,000 +183.8% $184 / Sq Ft
09/04/2014 09/04/14 Sold $52,500 0.0% $65 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $52,500 -- $65 / 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
2024 $3,559 $103,100 $35,000 $68,100
2023 $3,894 $103,100 $35,000 $68,100
2022 $3,894 $103,100 $35,000 $68,100
2021 $4,022 $103,100 $35,000 $68,100
2020 $4,056 $103,100 $35,000 $68,100
2019 $3,586 $90,000 $45,000 $45,000
2018 $3,180 $90,000 $45,000 $45,000
2017 $3,079 $90,000 $45,000 $45,000
2016 $3,860 $100,000 $80,000 $20,000
2015 $3,422 $100,000 $80,000 $20,000
2014 $3,348 $100,000 $80,000 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559546

South Jersey Shore Regional MLS

APN: 02-00243-0000-01801