NOT LISTED FOR SALE

179 Flinders Reef Ocean City, NJ 08226

Estimated Value: $535,000 - $607,000

2 Beds
2 Baths
926 Sq Ft
4.1 Acres

Last Sold February 12, 2016

Last sale price $305,000 $329 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,267/month

Highlights

  • Deck
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Community Pool

About This Home

As of February 2016

Totally updated first floor 2BR in Ocean Villages South. New electrical panel & wiring, new gas heat, new central air, new windows, new door, new kitchen cabinets, countertops, etc. All new appliances. Two remodeled bathrooms with new toilets, vanities with marble tops, tile floors and wainscoting. New oak flooring in dining rm, liv rm and hallway. New carpet in bedrooms.

Last Agent to Sell the Property

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC Listed on: 02/09/2016

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC Listed on: 02/09/2016

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1975

Lot Details

  • 4.1

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,661

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 02/18/2016
  • 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: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes

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 9, 2016
Closed on
Feb 15, 2016
Sold by
Mayfield Robert W and Mayfield Diane T
Bought by
Burns Dorothy
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$572,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,078
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jan 15, 2014
Sold by
Maza Timothy W and Maza Carol E
Bought by
Mayfield Robert W and Mayfield Diane T
Seller's Agent
BONNIE GALLAGHER
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Butera Martha V
Bought by
Maza Timothy W and Maza Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.88%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Schul James
Bought by
Buters Martha V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.21%

Purchase Details

Closed on
May 18, 1990
Sold by
Lewin Sr Martin L and Lewin Helen H
Bought by
Cantarella Douglas and Cantarella Judith
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
Burns Dorothy $305,000 None Available
Mayfield Robert W $250,000 Freedom Title & Abstract Com
Maza Timothy W $205,000 --
Buters Martha V $155,000 --
Cantarella Douglas $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maza Timothy W $164,000
Previous Owner Buters Martha V $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2016 02/12/16 Sold $305,000 0.0% $329 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $305,000 +22.0% $329 / Sq Ft
01/15/2014 01/15/14 Sold $250,000 0.0% $270 / Sq Ft View Prior Sale
01/01/2014 01/01/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $250,000 -- $270 / Sq Ft
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 $2,661 $237,200 $106,700 $130,500
2024 $2,661 $237,200 $106,700 $130,500
2023 $2,540 $237,200 $106,700 $130,500
2022 $2,441 $237,200 $106,700 $130,500
2021 $1,603 $237,200 $106,700 $130,500
2020 $2,320 $237,200 $106,700 $130,500
2019 $2,294 $237,200 $106,700 $130,500
2018 $2,272 $237,200 $106,700 $130,500
2017 $2,237 $237,200 $106,700 $130,500
2016 $2,151 $237,200 $106,700 $130,500
2015 $2,123 $237,200 $106,700 $130,500
2014 $2,092 $237,200 $106,700 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 462984

South Jersey Shore Regional MLS

APN: 08-05950-0000-00008-0000-C69