NOT LISTED FOR SALE

18-20 W Revere Place Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $1,198,000 - $1,307,367

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

Last Sold June 27, 2014

Last sale price $595,000

Est. 110% increase in value since last sale

Current estimated payment $7,108/month

16 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 June 2014

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, amazing views from roof top deck and front deck, and separate private side entrance. Includes boat slip, new bulkhead and pier. Vinyl siding and railings. (see plans in attached documents)

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 05/29/2014

Last Buyer's Agent

Joseph Babcock

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,656

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
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Boat Dock
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,656

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • New Construction: Yes
  • Year Built: 2013
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Water View
  • 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: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2017
Sold by
Wiegand Scott and Wiegand Terri
Bought by
Rexon George Frederick and Rexon Virginia G
Current Estimated Value
$1,252,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$353,857
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$898,235

Purchase Details

Listed on
May 29, 2014
Closed on
Jun 26, 2014
Sold by
Hq Investments Llc
Bought by
Wiegand Scott and Wiegand Terri
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Joseph Babcock
BHHS FOX and ROACH-Simpson OC
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
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
Rexon George Frederick $800,000 Surety Title
Wiegand Scott $595,000 Freedom Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rexon George Frederick $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $595,000 0.0% --
06/14/2014 06/14/14 Pending -- -- --
05/29/2014 05/29/14 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 $6,656 $593,200 $304,500 $288,700
2024 $6,656 $593,200 $304,500 $288,700
2023 $6,353 $593,200 $304,500 $288,700
2022 $6,104 $593,200 $304,500 $288,700
2021 $5,962 $593,200 $304,500 $288,700
2020 $5,802 $593,200 $304,500 $288,700
2019 $5,736 $593,200 $304,500 $288,700
2018 $5,683 $593,200 $304,500 $288,700
2017 $5,594 $593,200 $304,500 $288,700
2016 $5,380 $593,200 $304,500 $288,700
2015 $5,309 $593,200 $304,500 $288,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 429902

South Jersey Shore Regional MLS

APN: 08-00811-0000-00015-0000-C2