NOT LISTED FOR SALE

167 N Basin Dr Unit 1 Ocean City, NJ 08226

Estimated Value: $597,000 - $810,000

3 Beds
2 Baths
-- Sq Ft
4.1 Acres

Last Sold April 24, 2020

Last sale price $349,000

Est. 95% increase in value since last sale

Current estimated payment $3,891/month

18 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Main Floor Primary Bedroom
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of April 2020

Beautifully furnished and decorated 1st floor condo at Ocean Village South. Spacious Living and Dining Rooms with access to the back porch, fully equipped Kitchen, Master Bedroom with walk in closet, washer and dryer, beautiful updated tiled Bathrooms, ample storage space and newer AC unit . Exterior offers a large attached storage, 1 assigned parking spot, pool, recently renovated Clubhouse . Assoc. fee includes: ample visitor parking, flood insurance, landscaping, snow plowing of parking lot and all snow. Private pool w/ 6 passes. Walk to Southend beach, Ice Cream Place and Restaurants! Or drive to the boardwalk, downtown shops, restaurants during the day and Enjoy the night life just a few miles away in Strathmere and Sea Isle City!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 02/20/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

DONNA CAHILL

Keller Williams Realty Jersey Shore-Ocean City License #1859812

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1975

Lot Details

  • 4.1

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

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

Amenities

  • Building Patio
  • Clubhouse
  • Community Storage Space

Recreation

  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,243

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 02/20/2020
  • Year Built: 1975
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Primary Br On 1st Floor
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Outside Shower, Patio, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

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

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Apr 24, 2020
Sold by
Kolka Richard S and Kolka Lauribeth
Bought by
Adamson John R and Adamson Janean R
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
DONNA CAHILL
Keller Williams Realty Jersey Shore-Ocean City
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$680,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,243
Avg. Annual Appreciation
13.00%
Original Mortgage
$149,000
Outstanding Balance
$132,490
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$547,753

Purchase Details

Closed on
Feb 12, 2012
Sold by
Blake Melissa and Blake Richard
Bought by
Blake Richard and Blake Laraine

Purchase Details

Closed on
Oct 12, 2009
Sold by
Buono Elaine M
Bought by
Blake Melissa and Blake Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1988
Sold by
Warren William and Warren Regina
Bought by
Buono Ernest and Buono Elaine
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
Adamson John R $349,000 Misc Company
Blake Richard -- None Available
Blake Melissa $300,000 Foundation Title Llc
Buono Ernest $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamson John R $149,000
Previous Owner Blake Melissa $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $349,000 0.0% --
03/09/2020 03/09/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $349,000 -- --
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 $3,243 $289,000 $131,700 $157,300
2024 $3,243 $289,000 $131,700 $157,300
2023 $3,095 $289,000 $131,700 $157,300
2022 $2,974 $289,000 $131,700 $157,300
2021 $2,558 $289,000 $131,700 $157,300
2020 $2,587 $264,500 $131,700 $132,800
2019 $2,558 $264,500 $131,700 $132,800
2018 $2,534 $264,500 $131,700 $132,800
2017 $2,494 $264,500 $131,700 $132,800
2016 $2,399 $264,500 $131,700 $132,800
2015 $2,367 $264,500 $131,700 $132,800
2014 $2,333 $264,500 $131,700 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Huber

    Seller's Agent in 2020

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    210 in this area

    315 Total Sales

    Cheryl Huber
    Section Image

  • D

    Buyer's Agent in 2020

    DONNA CAHILL

    Keller Williams Realty Jersey Shore-Ocean City

    (215) 262-5543

    4 Total Sales

    DONNA CAHILL
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534199

South Jersey Shore Regional MLS

APN: 08-05950-0000-00008-0000-C57

New Jersey Cape May County Ocean City 08226

167 N Basin Dr Unit 1, Ocean City, NJ

This home is located at 167 N Basin Dr Unit 1, Ocean City, NJ 08226 since 20 February 2020 and is currently estimated at $680,243. This property was built in 1975. 167 N Basin Dr Unit 1 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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