NOT LISTED FOR SALE

2 Leyte Ln Ocean City, NJ 08226

Estimated Value: $2,009,000 - $3,932,000

4 Beds
3 Baths
-- Sq Ft
5,053 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $1,455,000

Est. 114% increase in value since last sale

Current estimated payment $17,921/month

205 Days on Market

Highlights

  • Boat Slip
  • Spa
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Cathedral Ceiling

About This Home

As of December 2018

Great Opportunity to own a modern well priced 4bd 3ba lagoon front home located in one of the finest sections of town. Exterior features include, newer bulkhead, cedar impression vinyl siding, second and first floor lagoon side decks, large two car garage, large paver patio, 4 boat slips with a potential 10K in income; interior features include, huge foyer with vaulted staircase, large living room, private den with fireplace, hardwood floors, granite counters, huge master bedroom with whirl pool tub and private deck, laundry room/mud room, freshly painted, new carpets, great property offered at great price, easy to show.

Last Agent to Sell the Property

Chris Benson

MONIHAN REALTY Listed on: 05/10/2018

Last Buyer's Agent

Meghan Chorin

Compass New Jersey-Ocean City (O463E) License #1435077

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,750

Lot Details

  • Lot Dimensions are 50 x 100
  • Home fronts a lagoon or estuary
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Dining Room
  • Den
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Stone Driveway

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Slip
  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,750

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 11 To 15 Years
  • Also Includes: Rugs
  • Lvt Date: 05/10/2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Skylight(s), Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Boat Slip, Deck, Outside Shower, Patio, Porch, Sidewalks, Sprinkler System, Whirlpool/Spa
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Stone
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Lagoon Front
  • Lot Dimensions: 50 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Dec 18, 2018
Sold by
Ocean Pines Llc
Bought by
Whalen Thomas G and Whalen Gina N
Seller's Agent
Chris Benson
MONIHAN REALTY
Buyer's Agent
Meghan Chorin
Compass New Jersey-Ocean City (O463E)
List Price
$1,664,900
Sold Price
$1,455,000
Premium/Discount to List
-$209,900
-12.61%
Current Estimated Value
$3,116,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,661,871
Avg. Annual Appreciation
11.91%
Original Mortgage
$1,164,000
Outstanding Balance
$1,025,509
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,091,362

Purchase Details

Closed on
Mar 17, 2009
Sold by
Eni Louis J and Yingling Cynthia Eni
Bought by
Ocean Pines Llc

Purchase Details

Closed on
Feb 2, 2009
Sold by
Eni Louis J and Giacchino Lawrence
Bought by
Eni Louis J and Yingling Cynthia Eni
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
Whalen Thomas G $1,455,000 --
Ocean Pines Llc -- None Available
Eni Louis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whalen Thomas G $1,164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $1,455,000 -4.3% --
12/01/2018 12/01/18 Pending -- -- --
11/07/2018 11/07/18 Price Changed $1,519,900 -2.6% --
10/10/2018 10/10/18 Price Changed $1,559,900 -1.3% --
08/29/2018 08/29/18 Price Changed $1,579,900 -1.3% --
08/15/2018 08/15/18 Price Changed $1,599,900 0.0% --
06/12/2018 06/12/18 Price Changed $1,599,990 -3.9% --
05/10/2018 05/10/18 For Sale $1,664,900 -- --
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 $16,750 $1,492,900 $881,600 $611,300
2024 $16,750 $1,492,900 $881,600 $611,300
2023 $15,989 $1,492,900 $881,600 $611,300
2022 $15,362 $1,492,900 $881,600 $611,300
2021 $14,219 $1,470,400 $881,600 $588,800
2020 $14,381 $1,470,400 $881,600 $588,800
2019 $14,219 $1,470,400 $881,600 $588,800
2018 $14,086 $1,470,400 $881,600 $588,800
2017 $13,866 $1,470,400 $881,600 $588,800
2016 $13,337 $1,470,400 $881,600 $588,800
2015 $13,160 $1,470,400 $881,600 $588,800
2014 $12,969 $1,470,400 $881,600 $588,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chris Benson

    MONIHAN REALTY

    (609) 602-0808

    17 Total Sales

    Chris Benson
    Section Image
  • Meghan Chorin

    Buyer's Agent in 2018

    Meghan Chorin

    Compass New Jersey-Ocean City (O463E)

    (610) 299-9504

    391 Total Sales

    Meghan Chorin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505145

South Jersey Shore Regional MLS

APN: 08-02115-0000-00001

New Jersey Cape May County Ocean City 08226

2 Leyte Ln, Ocean City, NJ

This home is located at 2 Leyte Ln, Ocean City, NJ 08226 since 10 May 2018 and is currently estimated at $3,116,871. 2 Leyte Ln is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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