NOT LISTED FOR SALE

1704 Boardwalk Unit 1 Ocean City, NJ 08226

Estimated Value: $2,255,000 - $3,066,799

5 Beds
4 Baths
-- Sq Ft
5,706 Sq Ft Lot

Last Sold January 04, 2021

Last sale price $2,095,000

Est. 30% increase in value since last sale

Current estimated payment $15,952/month

Highlights

  • Ocean Front
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • 3 Car Attached Garage

About This Home

As of January 2021

Enjoy breathtaking views from this 5 bedroom 4 bath luxurious beachfront home located on Ocean City's boardwalk. Property highlights include, massive 3 car garage + 2 car driveway parking, private cabana with full bath, private storage and much more. This stunning home was completely remodeled in 2020. Gourmet kitchen includes: stainless steel Jenn-Air appliances (wine cooler, pullout microwave drawer, stove, dishwasher and refrigerator), oversized quartz island and custom cabinetry. Fantastic master suite features extra large walk-in/sit down shower, floor to ceiling mirror and private ocean view deck. The home has five extra-large hdtv's smart televisions and wireless internet. Attached garage for four car on-site parking. Private entrance to beach and boardwalk .This prime vacation spot is only blocks away from restaurants, shopping and entertainment. This one of a kind property is being offered furnished and boasts a fantastic rental history!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 07/30/2020

Last Buyer's Agent

Gloria Votta

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,528

Lot Details

  • 5,706

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Ocean Front
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch
  • Community Storage Space

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,528

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 07/30/2020
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen
  • Common Area Features: Bulkheaded, Enclsd/Covered Porch, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Three Or More Cars, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Front, Ocean Front, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Jan 4, 2021
Sold by
Vanartsdalen Gerald and Vanartsdalen Linda
Bought by
Graham Bruce M and Graham Marcia L
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
Gloria Votta
BHHS FOX and ROACH-Simpson OC
List Price
$2,095,000
Sold Price
$2,095,000
Current Estimated Value
$2,733,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,200
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,571,250
Outstanding Balance
$1,402,346
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,330,854

Purchase Details

Closed on
Jan 12, 2007
Sold by
Lebb William and Lebb Susan
Bought by
Sussman Steven A and Sussman Cindy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
6.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2000
Sold by
Chase Andrew B
Bought by
Lebb William and Lebb Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.19%
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
Graham Bruce M $2,095,000 Surety Title
Sussman Steven A $1,900,000 None Available
Lebb William $829,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Bruce M $1,571,250
Previous Owner Sussman Steven A $1,520,000
Previous Owner Lebb William $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $2,095,000 0.0% --
08/02/2020 08/02/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $2,095,000 +49.6% --
12/20/2019 12/20/19 Sold $1,400,000 -17.4% --
11/15/2019 11/15/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $1,695,000 -5.6% --
10/16/2019 10/16/19 For Sale $1,795,000 -- --
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 $17,528 $1,562,200 $873,600 $688,600
2024 $17,528 $1,562,200 $873,600 $688,600
2023 $16,731 $1,562,200 $873,600 $688,600
2022 $16,075 $1,562,200 $873,600 $688,600
2021 $14,200 $1,451,900 $873,600 $578,300
2020 $14,200 $1,451,900 $873,600 $578,300
2019 $14,040 $1,451,900 $873,600 $578,300
2018 $13,909 $1,451,900 $873,600 $578,300
2017 $13,691 $1,451,900 $873,600 $578,300
2016 $13,169 $1,451,900 $873,600 $578,300
2015 $12,995 $1,451,900 $873,600 $578,300
2014 $12,806 $1,451,900 $873,600 $578,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2021

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    65 in this area

    71 Total Sales

    Matthew Bader
    Section Image
  • Gloria Votta

    Buyer's Agent in 2021

    Gloria Votta

    BHHS Fox & Roach

    (609) 425-6614

    27 in this area

    35 Total Sales

    Gloria Votta
    Section Image

  • C

    Seller's Agent in 2019

    Chip Collins

    BERGER REALTY-Main

    (800) 427-0076

    53 in this area

    58 Total Sales

    Chip Collins
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539936

South Jersey Shore Regional MLS

APN: 08-01701-0000-00013-0000-C1

New Jersey Cape May County Ocean City 08226

1704 Boardwalk Unit 1, Ocean City, NJ

This home is located at 1704 Boardwalk Unit 1, Ocean City, NJ 08226 since 30 July 2020 and is currently estimated at $2,733,200. 1704 Boardwalk 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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