NOT LISTED FOR SALE

16 Bay Ave Ocean City, NJ 08226

Estimated Value: $3,167,000 - $4,587,805

4 Beds
3 Baths
-- Sq Ft
9,757 Sq Ft Lot

Last Sold March 25, 2013

Last sale price $1,820,000

Est. 111% increase in value since last sale

Current estimated payment $23,263/month

256 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Ranch Style House
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2013

Sprawling rancher with 2nd floor family room added in 1995. OPEN BAY!!! One of the largest lots on the bayfront: 119'x103' (2 lots). Possible subdivision for 2 59.5'x103' lots. Home has 4 hugh bedrooms, 3 full baths, various improvements over the years. Vinyl bulkhead, multi level waterside decks, side yard with brick pavers, newer roof. Some furniture possible. Key call first.

Last Agent to Sell the Property

George Rumer

CENTURY 21 ALLIANCE-O1O4J License #SP-9233003 Listed on: 05/14/2012

CENTURY 21 ALLIANCE-O1O4J

Last Buyer's Agent

Brian Kolmer

BERGER REALTY-A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,921

Lot Details

  • Lot Dimensions are 119x103
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,921

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, W/W Carpet
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard
  • Siding Exterior: Stucco
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded
  • Lot Dimensions: 119x103
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2012
Closed on
Mar 21, 2013
Sold by
Hartz Kenneth A and Van Bortel Victoria L
Bought by
Trofa Mario John and Trofa Gretchen A
Seller's Agent
George Rumer
CENTURY 21 ALLIANCE-O1O4J
Buyer's Agent
Brian Kolmer
BERGER REALTY-A
List Price
$1,820,000
Sold Price
$1,820,000
Current Estimated Value
$3,835,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,015,701
Avg. Annual Appreciation
6.54%
Original Mortgage
$1,638,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 1989
Sold by
Parker Gloria
Bought by
Hartz T Jayes
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trofa Mario John $1,213,000 Chicago Title Company Llc
Hartz T Jayes $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trofa Mario John $1,560,000
Closed Trofa Mario John $1,638,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $1,820,000 0.0% --
01/25/2013 01/25/13 Pending -- -- --
05/14/2012 05/14/12 For Sale $1,820,000 -- --
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 $33,921 $3,023,300 $1,680,100 $1,343,200
2024 $33,921 $3,023,300 $1,680,100 $1,343,200
2023 $18,368 $1,715,000 $1,585,000 $130,000
2022 $17,647 $1,715,000 $1,585,000 $130,000
2021 $17,236 $1,715,000 $1,585,000 $130,000
2020 $16,773 $1,715,000 $1,585,000 $130,000
2019 $16,584 $1,715,000 $1,585,000 $130,000
2018 $16,430 $1,715,000 $1,585,000 $130,000
2017 $16,172 $1,715,000 $1,585,000 $130,000
2016 $15,555 $1,715,000 $1,585,000 $130,000
2015 $15,349 $1,715,000 $1,585,000 $130,000
2014 $15,126 $1,715,000 $1,585,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 394994

South Jersey Shore Regional MLS

APN: 08-00015-0000-00006