NOT LISTED FOR SALE

20 Arkansas Ave Ocean City, NJ 08226

Estimated Value: $3,428,000 - $3,629,000

5 Beds
4.5 Baths
2,988 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $1,300,000 $435 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $20,874/month

213 Days on Market

Highlights

  • Parking available for a boat
  • In Ground Pool
  • Waterfront
  • Ocean City Primary School Rated A
  • Water Oriented
  • Colonial Architecture

About This Home

As of July 2014

Words cannot express this home! Beautiful SFR in a pristine area. Home sits right on Sunny Harbor. Enjoy Beautiful bay views on one of the 2 decks. This homes boasts 5 bedrooms 4.5 bathrooms. Granite countertops, hardwood floors thru out the first floor. 2 First Floor bedrooms or guestrooms. Upstairs you will find grand views on the upper deck off the bedroom along with 2 other bedrooms with similar breathtaking views. There is TOO much to mention do not skip this opportunity. Will NOT last at this price. THIS IS NOT A SHORT SALE.

Last Agent to Sell the Property

Don Pollock

New Jersey Home Sales Inc Listed on: 11/18/2013

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,198

Year Built

  • Built in 2004

Lot Details

  • 5,460 Sq Ft Lot
  • Lot Dimensions are 52x105
  • Waterfront
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking
  • Parking available for a boat

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,988 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Marble Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property near a bay
  • Dock Against Bulkhead
  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Ocean City Middle School
  • Ocean City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 08-01910-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,198

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Stone
  • Interior Amenities: Master Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Attic/House Fan, Sprinkler System, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Marble
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2988
  • Living Area Sq Ft: 2988
  • Net Sq Ft: 2988.00
  • Price Per Sq Ft: 500.33
  • Above Grade Finished Sq Ft: 2988
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Lawn Sprinkler, Boat Storage
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • Middle School: OCEAN CITY
  • High School: OCEAN CITY
  • School District Key: 300200397020
  • High School: OCEAN CITY
  • Middle Or Junior School: OCEAN CITY

Lot Info

  • Improvement Assessed Value: 940200.00
  • Land Assessed Value: 746000.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.13
  • Lot Dimensions: 52X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5460.00
  • Outdoor Living Structures: Deck(s), Roof, Patio(s), Porch(es), Balcony
  • Property Condition: Good
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3801283
  • Tax Annual Amount: 14198.00
  • Assessor Parcel Number: 08-01910-00019
  • Tax Lot: 00019
  • Tax Year: 2013
  • Close Date: 07/02/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jul 2, 2014
Sold by
Njhr 2 Llc
Bought by
Mingone Linda
Seller's Agent
Don Pollock
New Jersey Home Sales Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,695,000
Sold Price
$1,300,000
Premium/Discount to List
-$395,000
-23.3%
Current Estimated Value
$3,526,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,226,944
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Nov 13, 2013
Sold by
Marchese Marie E and Voorhees Funeral Home
Bought by
N J H R 2 Llc

Purchase Details

Closed on
Nov 16, 2004
Sold by
Marchese Joseph D and Marchese Marie E
Bought by
Marchese Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Fazzio Development Corp
Bought by
Marchese Joseph D and Marchese Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Donatiello Guy T
Bought by
Fazzio Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.86%

Purchase Details

Closed on
Apr 10, 2003
Sold by
Stoeco Development Ltd
Bought by
Fazzio Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.86%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Fluehe Thomas
Bought by
Barr Joseph D and Barr Ann

Purchase Details

Closed on
Apr 29, 1989
Sold by
Barrj Exec/Est Of Kurtagertrude
Bought by
Fluehr Fluehr T and Fluehr E
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
Mingone Linda $1,300,000 The Title Company Of Jersey
N J H R 2 Llc $1,200,000 None Available
Marchese Marie E -- --
Marchese Joseph D $1,875,000 Fidelity Natl Title Ins Co
Fazzio Development Corp $950,000 --
Fazzio Development Corp -- --
Barr Joseph D $300,000 --
Fluehr Fluehr T $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchese Marie E $500,000
Previous Owner Marchese Marie E $1,400,000
Previous Owner Marchese Marie E $500,000
Previous Owner Marchese Joseph D $1,250,000
Previous Owner Fazzio Development Corp $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $1,300,000 -13.0% $435 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
05/19/2014 05/19/14 Price Changed $1,495,000 -6.3% $500 / Sq Ft
03/11/2014 03/11/14 Price Changed $1,595,000 -5.9% $534 / Sq Ft
11/18/2013 11/18/13 For Sale $1,695,000 -- $567 / Sq Ft
Source: Bright 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 $20,326 $1,811,600 $746,000 $1,065,600
2024 $20,326 $1,811,600 $746,000 $1,065,600
2023 $19,402 $1,811,600 $746,000 $1,065,600
2022 $18,641 $1,811,600 $746,000 $1,065,600
2021 $18,207 $1,811,600 $746,000 $1,065,600
2020 $16,491 $1,686,200 $746,000 $940,200
2019 $16,306 $1,686,200 $746,000 $940,200
2018 $16,154 $1,686,200 $746,000 $940,200
2017 $15,901 $1,686,200 $746,000 $940,200
2016 $15,294 $1,686,200 $746,000 $940,200
2015 $15,091 $1,686,200 $746,000 $940,200
2014 $14,872 $1,686,200 $746,000 $940,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Don Pollock

    New Jersey Home Sales Inc

    (856) 912-4310

    1 in this area

    180 Total Sales

    Don Pollock
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Map

Source: Bright MLS

MLS Number: 1003652960

Bright MLS

APN: 08-01910-0000-00019

New Jersey Cape May County Ocean City 08226

20 Arkansas Ave, Ocean City, NJ

This home is located at 20 Arkansas Ave, Ocean City, NJ 08226 since 18 November 2013 and is currently estimated at $3,526,944, approximately $1,180 per square foot. This property was built in 2004. 20 Arkansas Ave 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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