$1,400,000
SOLD DEC 20, 2019

1704 Boardwalk Unit 1 Ocean City, NJ 08226

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

Recently Sold

22% Below List Price

30 Days on Market

Highlights

  • Ocean Front
  • Recreation Room
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Main Floor Primary Bedroom
  • Attached Garage

About This Home

As of January 2021

Impressive 1st floor oceanfront 5 bedroom condo on the boards! Amenities feature direct access to the boardwalk, vinyl siding, deep enclosed garage, large ground level storage room, 50x114 ft lot, huge decking, sweeping interior layout with endless ocean views, hardwood flooring, gas fireplace, crown molding, central air, gas heat, 5 spacious bedrooms, 4 baths, fully appointed and equipped, solid rental history makes this a fantastic investment. Perfect location just a short walk to downtown shopping, restaurants and amusements. 1704 Boardwalk could be yours!

Last Agent to Sell the Property

Chip Collins

BERGER REALTY-Main Listed on: 10/16/2019

Last Buyer's Agent

Chip Collins

BERGER REALTY-Main Listed on: 10/16/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,528

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Room
  • Recreation Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Ocean Front
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,528

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 10/16/2019
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Dining Room, Laundry/Utility Room, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Front, Bulkheaded, Ocean Front

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Foyer, Kitchen Center Island, Master Bath

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 Type Sale Price Title Company
Deed $2,095,000 Surety Title
Deed $1,900,000 None Available
Deed $829,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,571,250 Purchase Money Mortgage
Previous Owner $1,520,000 Negative Amortization
Previous Owner $600,000 No Value Available
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

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529398

South Jersey Shore Regional MLS

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