NOT LISTED FOR SALE

18-20 W Revere Place Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $1,085,673 - $1,473,000

4 Beds
3 Baths
-- Sq Ft
4,095 Sq Ft Lot

Last Sold November 25, 2013

Last sale price $595,000

Est. 113% increase in value since last sale

Current estimated payment $7,161/month

314 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Home fronts a lagoon or estuary
  • Ocean City Primary School Rated A
  • Newly Remodeled
  • Deck

About This Home

As of November 2013

Very rare lagoon front new construction, beautiful new unit, 4 br, 3 full baths, gas heat, central air, hardwood floors, 42 inch upgraded kitchen cabinets, granite counters, stainless steel appliances, front deck leading to back yard and separate private side entrance, access to garage from 1st floor. Includes boat slip, new bulkhead and pier. Vinyl siding and railings. Time to pick your colors. Completion date 6-1-13. (see plans in attached documents)

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 12/14/2012

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,441

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Boat Dock
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,441

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • New Construction: Yes
  • Year Built: 2013
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Dining Area
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Lot Info

  • Location: Bay Front, Lagoon Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Nov 25, 2013
Sold by
Hq Investments Llc
Bought by
Latta Richard A and Latta Lori E
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$1,265,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,418
Avg. Annual Appreciation
6.53%
Original Mortgage
$476,000
Outstanding Balance
$354,933
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$910,485
Source: Public Records

Range of Values:

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Average Value
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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
Latta Richard A $595,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latta Richard A $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2013 11/25/13 Sold $595,000 0.0% --
10/24/2013 10/24/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $595,000 -- --
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 $6,441 $574,100 $304,500 $269,600
2024 $6,441 $574,100 $304,500 $269,600
2023 $6,149 $574,100 $304,500 $269,600
2022 $5,907 $574,100 $304,500 $269,600
2021 $5,552 $574,100 $304,500 $269,600
2020 $5,615 $574,100 $304,500 $269,600
2019 $5,552 $574,100 $304,500 $269,600
2018 $5,500 $574,100 $304,500 $269,600
2017 $5,414 $574,100 $304,500 $269,600
2016 $5,207 $574,100 $304,500 $269,600
2015 $5,138 $574,100 $304,500 $269,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2013

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    151 in this area

    490 Total Sales

    Jeff Quintin
    Section Image
  • Dorothy Phillips

    Buyer's Agent in 2013

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    187 in this area

    273 Total Sales

    Dorothy Phillips
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 404226

South Jersey Shore Regional MLS

APN: 08-00811-0000-00015-0000-C1

New Jersey Cape May County Ocean City 08226

18-20 W Revere Place Unit 1st Floor, Ocean City, NJ

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