NOT LISTED FOR SALE

162 N Basin Dr Ocean City, NJ 08226

Estimated Value: $528,000 - $604,000

2 Beds
1.5 Baths
-- Sq Ft
4.1 Acres

Last Sold July 15, 2015

Last sale price $255,000

Est. 122% increase in value since last sale

Current estimated payment $3,244/month

128 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Community Pool

About This Home

As of July 2015

SOUTHEND GEM! Lots of Upgrades in this 2nd flr-2 bed, 1.5 Bath Condo in Ocean Village South. Cozy Living Room, Dining Room w/Hardwood Floors & Vaulted Ceilings. Upgraded Kitchen w/ Granite Countertops. Master Bedroom w/ Walk-in Closet. LARGE CLOSETS & HUGE ATTIC SPACE...STORAGE GALORE! Assoc. Fee includes Fire/Flood Insurance, Trash, Snow Removal. Private Pool & Walking Distance to the Beach & Corson's Inlet!

Last Agent to Sell the Property

Clarise Fazzio-Stell

BHHS FOX and ROACH-109 34th OC License #0339220 Listed on: 02/22/2015

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Clarise Fazzio-Stell

BHHS FOX and ROACH-109 34th OC License #0339220 Listed on: 02/22/2015

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,725

Lot Details

  • 4.1

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • Deck

Community Details

Overview

  • Association fees include insurance, maintenance, management
  • Ocean Village S Condos

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,725

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Ocean Village S
  • Management: Association

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2017
Sold by
Kellett Chris and Klimuk Sonya
Bought by
Oesterling Barry and Oesterling Brian
Current Estimated Value
$566,804

Purchase Details

Listed on
Feb 22, 2015
Closed on
Jul 15, 2015
Sold by
Stacy Virginia
Bought by
Kellett Chris and Klimuk Sonya
Seller's Agent
Clarise Fazzio-Stell
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Clarise Fazzio-Stell
BHHS FOX and ROACH-109 34th OC
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Kroesche Ronald B
Bought by
Stacy Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.67%

Purchase Details

Closed on
Sep 9, 1998
Sold by
Brooks John
Bought by
Kroesche Ronald and Kroesche Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.9%
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
Oesterling Barry $289,500 Shore Title
Kellett Chris $255,000 Attorney
Stacy Virginia $170,000 --
Kroesche Ronald $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stacy Virginia $120,000
Previous Owner Kroesche Ronald $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $255,000 0.0% --
06/30/2015 06/30/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $255,000 -- --
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 $2,725 $242,900 $107,800 $135,100
2024 $2,725 $242,900 $107,800 $135,100
2023 $2,601 $242,900 $107,800 $135,100
2022 $2,499 $242,900 $107,800 $135,100
2021 $1,812 $242,900 $107,800 $135,100
2020 $2,376 $242,900 $107,800 $135,100
2019 $2,349 $242,900 $107,800 $135,100
2018 $2,327 $242,900 $107,800 $135,100
2017 $2,291 $242,900 $107,800 $135,100
2016 $2,203 $242,900 $107,800 $135,100
2015 $2,014 $225,000 $107,800 $117,200
2014 $1,985 $225,000 $107,800 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 443897

South Jersey Shore Regional MLS

APN: 08-05950-0000-00008-0000-C52