NOT LISTED FOR SALE

16 Genoa Ct Ocean City, NJ 08226

Estimated Value: $813,000 - $862,000

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

Last Sold November 21, 2014

Last sale price $375,000

Est. 122% increase in value since last sale

Current estimated payment $4,681/month

18 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Ocean City Primary School Rated A
  • Property is near a marina
  • Deck

About This Home

As of November 2014

Corner End unit townhome with endless, amazing open BAY FRONT views. All Brand new: granite kitchen, gas heat conversion, AC condensers & show windows & doors. TWO plus baths, 2 wrap around decks & 2 fireplaces. Master suite has view of marina, vaulted ceilings, fireplace, private bath & walk-in closet. Bonus features include 2 parking spots, 2 pools, 2 tennis courts, hot tub and clubhouse. This property is one of the BEST lots in Ocean Reef. The sunsets are captivating ! EZ 2 show call office for code.

Last Agent to Sell the Property

John Walton

Keller Williams Realty Jersey Shore-Ocean City Listed on: 09/20/2014

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

JACLYN SPIEGEL

OCEAN REEF CLUB REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,832

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • Cul-De-Sac

Home Design

  • Cedar Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,832

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, More Than 1
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Dock/Boat Slip, Pool, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Cedar, Stone

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

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

Lot Info

  • Location: Bay Front, Corner, Cul-De-Sac, Docks, Marina

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2014
Closed on
Nov 21, 2014
Sold by
Borden Stanley J and Borden Ann B
Bought by
Dronson Kevin G and Dronson Bernadette A
Seller's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$831,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,717
Avg. Annual Appreciation
7.55%
Original Mortgage
$300,000
Outstanding Balance
$230,907
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$600,810

Purchase Details

Closed on
Jun 29, 1991
Sold by
Kull Richard N
Bought by
Borden Stanley J and Borden Ann B

Purchase Details

Closed on
Oct 2, 1989
Sold by
Desmond Daniel
Bought by
Kull Richard and Kull Dana
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
Dronson Kevin G $375,000 The Title Company Of Jersey
Borden Stanley J $198,000 --
Borden Stanley J $198,000 --
Kull Richard $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dronson Kevin G $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $375,000 0.0% --
10/08/2014 10/08/14 Pending -- -- --
09/20/2014 09/20/14 For Sale $375,000 -- --
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 $3,832 $341,500 $164,400 $177,100
2024 $3,832 $341,500 $164,400 $177,100
2023 $3,657 $341,500 $164,400 $177,100
2022 $3,514 $341,500 $164,400 $177,100
2021 $2,548 $341,500 $164,400 $177,100
2020 $3,340 $341,500 $164,400 $177,100
2019 $3,302 $341,500 $164,400 $177,100
2018 $3,272 $341,500 $164,400 $177,100
2017 $3,220 $341,500 $164,400 $177,100
2016 $3,097 $341,500 $164,400 $177,100
2015 $3,056 $341,500 $164,400 $177,100
2014 $2,792 $316,500 $164,400 $152,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 436218

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C81