$3,450,000
SOLD JUN 23, 2022

20 E Newcastle Rd Ocean City, NJ 08226

6 Beds
4 Baths
-- Sq Ft
7,013 Sq Ft Lot

Recently Sold

7% Below List Price

75 Days on Market

Highlights

  • Water Views
  • Deck
  • Recreation Room
  • Ocean City Primary School Rated A
  • Multiple Fireplaces
  • Cathedral Ceiling

About This Home

As of June 2022

The panoramic views of the inlet and ocean are breathtaking from this Gardens Oasis. This pristine 6 bedroom, 4 bath home is located steps from the inlet beach. As you enter the home, you are welcomed by a grand foyer, ground level living room with fireplace, wet bar, and a wrap around covered front porch. The home is perfect for entertaining, with the kitchen and main living room on the 2nd floor. The great area features an open floor plan with cathedral ceilings, 2 sided fireplace, living/dining areas, and a large kitchen with granite counter tops. Just off the living & dining area you will find a sprawling balcony overlooking the Atlantic Ocean, inlet, and Atlantic City Skyline. The second floor also has a master suite with an office area, rain head custom tiled shower, and his & her sinks. The first floor junior suite boasts an additional space used as a sitting area. Meticulously landscaped, the property has a fenced in rear yard as well as an outdoor shower. This location can't be beat and is one of the most sought after on the island.

Last Agent to Sell the Property

Harry Vanderslice

Compass New Jersey-Ocean City (O463H) License #0903201 Listed on: 02/02/2022

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

MAUREEN SCHNEIDER

BHHS FOX and ROACH-West Ave OC License #1432311

BHHS FOX and ROACH-West Ave OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,683

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 70x100
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Recreation Room
  • Storage
  • Water Views
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • 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

$15,683

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Drapes, Furnished
  • Lvt Date: 02/02/2022
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room, More Than 1
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Storage
  • Bedrooms: 6
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Lower
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Upper
  • Family Room: On Level: Lower
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study, Recreation/Family, Master Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Paved Road, Porch, Shed
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Stone
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 70x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
May 27, 2022
Sold by
Andreson Thomas R
Bought by
Cox Mark and Cox Leticia
Seller's Agent
Harry Vanderslice
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
MAUREEN SCHNEIDER
BHHS FOX and ROACH-West Ave OC
List Price
$3,699,000
Sold Price
$3,450,000
Premium/Discount to List
-$249,000
-6.73%
Current Estimated Value
$3,495,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,434
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,500,000
Outstanding Balance
$1,435,540
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$2,059,894

Purchase Details

Closed on
Dec 22, 2020
Sold by
Anderson Thomas R
Bought by
Anderson Thomas R and Anderson-Knedler Michelle

Purchase Details

Listed on
Sep 17, 2016
Closed on
Nov 30, 2016
Sold by
Sautter Claire A
Bought by
Anderson Thomas R
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Douglas Weiland
Compass New Jersey-Ocean City (O463H)
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Mar 15, 1996
Sold by
Silvestri Howard G
Bought by
Sautter Claire A

Purchase Details

Closed on
Oct 13, 1994
Sold by
White William
Bought by
Silvestri Howard and Silvestri Carole
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,450,000 Teitler Avery S
Deed -- None Available
Deed $2,300,000 None Available
Deed $450,000 --
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $3,450,000 -6.7% --
04/27/2022 04/27/22 For Sale $3,699,000 +7.2% --
04/18/2022 04/18/22 Pending -- -- --
04/06/2022 04/06/22 Off Market $3,450,000 -- --
02/02/2022 02/02/22 For Sale $3,699,000 +60.8% --
12/05/2016 12/05/16 Sold $2,300,000 0.0% --
11/08/2016 11/08/16 Pending -- -- --
09/17/2016 09/17/16 For Sale $2,300,000 -- --
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
2024 $15,683 $1,397,800 $1,023,800 $374,000
2023 $14,970 $1,397,800 $1,023,800 $374,000
2022 $14,321 $1,391,700 $1,023,800 $367,900
2021 $13,987 $1,391,700 $1,023,800 $367,900
2020 $13,611 $1,391,700 $1,023,800 $367,900
2019 $13,458 $1,391,700 $1,023,800 $367,900
2018 $13,332 $1,391,700 $1,023,800 $367,900
2017 $13,124 $1,391,700 $1,023,800 $367,900
2016 $12,554 $1,384,100 $1,023,800 $360,300
2015 $12,388 $1,384,100 $1,023,800 $360,300
2014 $12,208 $1,384,100 $1,023,800 $360,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559281

South Jersey Shore Regional MLS

APN: 08-00070-60-00018