NOT LISTED FOR SALE

180 Flinders Reef Ocean City, NJ 08226

Estimated Value: $666,000 - $708,000

3 Beds
1 Bath
-- Sq Ft
4.1 Acre Lot

Sale Details

Date Sold: December 16, 2022

Last sale price $540,000

Est. 27% increase in value since last sale

Current estimated payment $3,928 / mo

26 Days on Market

Highlights

  • Clubhouse
  • Main Floor Bedroom
  • Great Room
  • Ocean City Primary School Rated A
  • Furnished
  • Community Pool

About This Home

As of December 2022

Just On the way out of Ocean City on 55th St you will find on the right side the Very Popular "Ocean Village So. Condos". This renowned complex features a Newly Renovated Clubhouse featuring Men's & Ladie's Locker Rooms w/Showers...Newer Kitchen...Pool Deck w/Composite Decking ...HUGE SWIMMING POOL w/Bar B-Que area. Now 180 Flinders Reef features a 2nd Fl with 3 Spacious Bedrooms & One Full Bath. Wall to Wall Carpeting...Central Air...Electric Heat...Very Private Deck off of your Living Room. Fully Furnished minus Owners Personal Pictures...Nik Naks... Dining Room Chandlier (Will Be Replaced) & Deck Furniture. All Appliances Included. These owners have owned this property for the last 25 years and have Meticiously Maintained the property. Never Rented and this complex is Pet Friendly

Last Agent to Sell the Property

Nick Marotta

BHHS FOX and ROACH-Simpson OC Listed on: 09/24/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 4.1

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Blinds
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Community Deck or Porch
  • Clubhouse
  • Community Storage Space

Recreation

  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

4.1 Acres

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Rugs
  • Year Built: 1975
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Clubhouse/Clubroom, Enclsd/Covered Porch, Outside Shower, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned, Parking Pad

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash, Pool
  • Condo Name: Ocean Village S
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Foyer, Pets Allowed, Wall To Wall Carpet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Dec 16, 2022
Sold by
Bought by
Seller's Agent
Nick Marotta
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$569,900
Sold Price
$540,000
Premium/Discount to List
-$29,900
-5.25%
Views
68
Current Estimated Value
$683,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,728
Avg. Annual Appreciation
6.95%
Original Mortgage
$432,000
Outstanding Balance
$415,331
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$268,397

Purchase Details

Closed on
Jun 27, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 1991
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 None Listed On Document
$95,000 --
$97,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $432,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $540,000 -5.2% --
10/20/2022 10/20/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $569,900 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,901 $258,600 $129,100 $129,500
2024 $2,770 $258,600 $129,100 $129,500
2023 $2,770 $258,600 $129,100 $129,500
2022 $2,661 $258,600 $129,100 $129,500
2021 $1,929 $258,600 $129,100 $129,500
2020 $2,529 $258,600 $129,100 $129,500
2019 $2,501 $258,600 $129,100 $129,500
2018 $2,477 $258,600 $129,100 $129,500
2017 $2,439 $258,600 $129,100 $129,500
2016 $2,346 $258,600 $129,100 $129,500
2015 $2,314 $258,600 $129,100 $129,500
2014 $2,281 $258,600 $129,100 $129,500
Source: Public Records

Agents Affiliated with this Home

  • Nick Marotta

    Seller's Agent in 2022

    Nick Marotta

    BHHS Fox & Roach

    (609) 412-0141

    19 Total Sales

    Nick Marotta
    Section Image
  • Michael Contino

    Buyer's Agent in 2022

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    365 Total Sales

    Michael Contino
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567453

South Jersey Shore Regional MLS

APN: 08-05950-0000-00008-0000-C70

New Jersey Cape May County Ocean City 08226

180 Flinders Reef, Ocean City, NJ

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