NOT LISTED FOR SALE

2 Spinnaker Ct Unit 69 Ocean City, NJ 08226

Estimated Value: $630,000 - $799,000

2 Beds
2.5 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $300,000

Est. 132% increase in value since last sale

Current estimated payment $3,854/month

231 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Main Floor Primary Bedroom
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • End Unit

About This Home

As of July 2018

Located in Ocean City's desirable condominium complex, Ocean Reef, this 2 bed, 2.5 bath end townhome has everything you are looking for! One bedroom is located on the first floor with access to the wrap around back deck and a second LARGE bedroom is located on the second floor with a sunny balcony! Great location in Ocean Reef with only STEPS to BOTH pools, tennis courts, docks, clubhouse and on site property management! BRAND NEW heat pump installed October 2017! Beautifully maintained property comes mostly furnished, inclusions available upon request.

Last Agent to Sell the Property

JACLYN SPIEGEL

OCEAN REEF CLUB REALTY Listed on: 10/14/2017

Last Buyer's Agent

JACLYN SPIEGEL

OCEAN REEF CLUB REALTY Listed on: 10/14/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1985

Lot Details

  • 871

Home Design

  • Cedar Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash, pool
  • Ocean Reef Condos

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,498

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Partially Furnished
  • Lvt Date: 10/14/2017
  • Year Built: 1985
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Wood Burning
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Primary Br On 1st Floor
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Outside Shower, Pool, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Cedar, Stucco

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash, Pool
  • Condo Name: Ocean Reef
  • Management: Association, On-Site Professionals

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2017
Closed on
Jul 13, 2018
Sold by
Longo Lalia
Bought by
Kulbox Joan
Seller's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
Buyer's Agent
JACLYN SPIEGEL
OCEAN REEF CLUB REALTY
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%
Current Estimated Value
$695,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,203
Avg. Annual Appreciation
12.25%
Original Mortgage
$200,000
Outstanding Balance
$173,713
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$521,490

Purchase Details

Closed on
Sep 6, 2017
Sold by
Longo Joseph and Longo Lalia
Bought by
Longo Joseph and Longo Lalia

Purchase Details

Closed on
Sep 26, 2012
Sold by
Longo Joseph and Longo Lalia
Bought by
Longo Joseph and Longo Lalia

Purchase Details

Closed on
Jun 24, 2004
Sold by
Conner Edwin K and Conner Lura M
Bought by
Longo Joseph and Longo Lalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Brown Jeffrey M
Bought by
Conner Edwin K and Conner Lura M
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
Kulbox Joan $300,000 --
Longo Joseph -- None Available
Longo Joseph -- None Available
Longo Joseph $355,000 --
Conner Edwin K $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulbox Joan $200,000
Previous Owner Longo Joseph $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $300,000 -6.0% --
06/02/2018 06/02/18 Pending -- -- --
10/14/2017 10/14/17 For Sale $319,000 -- --
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 $2,498 $222,600 $87,400 $135,200
2024 $2,498 $222,600 $87,400 $135,200
2023 $2,384 $222,600 $87,400 $135,200
2022 $2,291 $222,600 $87,400 $135,200
2021 $1,661 $222,600 $87,400 $135,200
2020 $2,177 $222,600 $87,400 $135,200
2019 $2,153 $222,600 $87,400 $135,200
2018 $2,133 $222,600 $87,400 $135,200
2017 $2,099 $222,600 $87,400 $135,200
2016 $2,019 $222,600 $87,400 $135,200
2015 $1,992 $222,600 $87,400 $135,200
2014 $1,963 $222,600 $87,400 $135,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JACLYN SPIEGEL

    OCEAN REEF CLUB REALTY

    (609) 287-3233

    14 in this area

    15 Total Sales

    JACLYN SPIEGEL
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 495603

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C69

New Jersey Cape May County Ocean City 08226

2 Spinnaker Ct Unit 69, Ocean City, NJ

This home is located at 2 Spinnaker Ct Unit 69, Ocean City, NJ 08226 since 14 October 2017 and is currently estimated at $695,203. This property was built in 1985. 2 Spinnaker Ct Unit 69 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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