NOT LISTED FOR SALE

20 Ocean Rd Unit 405 Ocean City, NJ 08226

Estimated Value: $927,917 - $1,338,000

1 Bed
1 Bath
519 Sq Ft
$346/mo HOA Fee

Last Sold December 18, 2020

Last sale price $218,000 $420 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $6,908/month

Highlights

  • Ocean View
  • Penthouse
  • Heated Community Pool
  • Ocean City Primary School Rated A
  • Coastal Architecture
  • 2 Elevators

About This Home

As of December 2020

Penthouse end-unit with plenty of natural light! This is the ONLY condo at Biscayne Suites that faces the heated, rooftop pool!! This one bedroom, one bath condo features a kitchenette, private bay side balcony and is sure to please! Biscayne Suites is centrally located in the heart of the city, close to beach, boardwalk and downtown. Updates include; upgraded, high efficiency heat pump, queen size sleeper sofa and newer carpeting. Condo fee includes fire & flood insurance, water & sewer, internet, cable, and phone service. Front desk provides all services, including housekeeping, rentals, building & pool maintenance.

Last Agent to Sell the Property

Genevieve Haldeman

(609) 685-8423 genhaldemanrealtor@gmail.com Keller Williams Realty - Medford Listed on: 09/01/2020

Keller Williams Realty - Medford

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1991

Lot Details

  • 2,570

HOA Fees

  • $346 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Penthouse
  • Coastal Architecture
  • Entry on the 4th floor

Interior Spaces

  • 519 Sq Ft Home
  • Property has 1 Level
  • Living Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Ocean City Intermediate Middle School
  • Ocean City High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 08-00804-00013-C405

Community Details

Overview

  • Association fees include all ground fee, cable TV, common area maintenance, exterior building maintenance, insurance, management, pool(s), sewer, trash, standard phone service, water
  • Low-Rise Condominium

Amenities

  • Laundry Facilities
  • 2 Elevators

Recreation

  • Heated Community Pool
  • Saltwater Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,756

Year Built

Built in 1991

Lot Details

0

HOA Fees

$346 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Automatically Close On Close Date: Yes
  • Remarks Public: Penthouse end-unit with plenty of natural light! This is the ONLY condo at Biscayne Suites that faces the heated, rooftop pool!! This one bedroom, one bath condo features a kitchenette, private bay side balcony and is sure to please! Biscayne Suites is centrally located in the heart of the city, close to beach, boardwalk and downtown. Updates include; upgraded, high efficiency heat pump, queen size sleeper sofa and newer carpeting. Condo fee includes fire & flood insurance, water & sewer, internet, cable, and phone service. Front desk provides all services, including housekeeping, rentals, building & pool maintenance.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace: No
  • Elevators Count: 2
  • Floors In Unit Count: 4
  • Levels Count: 1
  • Room Count: 3
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Has Laundry, Shared
  • Total Sq Ft: 519
  • Living Area Sq Ft: 519
  • Price Per Sq Ft: 433.33
  • Above Grade Finished Sq Ft: 519
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 812

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • View: Bay, Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street, Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 346.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Cable, Elevator, Laundry Facilities, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Sewer, Trash, Standard Phone Service, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, Concrete, In Ground, Saltwater

Schools

  • School District: OCEAN CITY SCHOOLS
  • Middle School: OCEAN CITY INTERMEDIATE M.S.
  • High School: OCEAN CITY H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397020
  • School District Source: Listing Agent
  • High School: OCEAN CITY H.S.
  • Middle Or Junior School: OCEAN CITY INTERMEDIATE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 114800.00
  • Land Assessed Value: 64700.00
  • Lot Dimensions: 200.00 x 135.00
  • Year Assessed: 2020
  • Zoning: R

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4710171
  • Tax Annual Amount: 1756.00
  • Assessor Parcel Number: 08-00804-00013-C405
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 519
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Oroc Nj T and Missett Tr Steohen V
Bought by
Dagit Lisa
Current Estimated Value
$1,165,479

Purchase Details

Closed on
Apr 29, 2008
Sold by
Chakejian Richard N and Chakejian Jacqueline M
Bought by
Missett Stephen

Purchase Details

Closed on
Mar 8, 1999
Sold by
Graziola Joseph
Bought by
Chahejian Richard and Chahejian Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.73%
Source: Public Records

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 Buyer Sale Price Title Company
Dagit Lisa -- --
Missett Stephen -- Cape Atlantic Title Agency L
Chahejian Richard $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chahejian Richard $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $218,000 -3.1% $420 / Sq Ft
12/01/2020 12/01/20 Price Changed $224,900 0.0% $433 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/27/2020 09/27/20 Price Changed $224,900 -2.2% $433 / Sq Ft
09/01/2020 09/01/20 For Sale $229,900 -- $443 / 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 $4,293 $382,600 $307,800 $74,800
2024 $4,293 $382,600 $307,800 $74,800
2023 $4,098 $382,600 $307,800 $74,800
2022 $3,937 $382,600 $307,800 $74,800
2021 $3,845 $382,600 $307,800 $74,800
2020 $3,742 $382,600 $307,800 $74,800
2019 $3,700 $382,600 $307,800 $74,800
2018 $3,665 $382,600 $307,800 $74,800
2017 $3,608 $382,600 $307,800 $74,800
2016 $3,470 $382,600 $307,800 $74,800
2015 $3,424 $382,600 $307,800 $74,800
2014 $3,375 $382,600 $307,800 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Genevieve Haldeman

    Seller's Agent in 2020

    Genevieve Haldeman

    Keller Williams Realty - Medford

    (609) 685-8423

    2 in this area

    243 Total Sales

    Genevieve Haldeman
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCM104428

Bright MLS

APN: 08-00070-03-00014

New Jersey Cape May County Ocean City 08226

20 Ocean Rd Unit 405, Ocean City, NJ

This home is located at 20 Ocean Rd Unit 405, Ocean City, NJ 08226 since 01 September 2020 and is currently estimated at $1,165,479, approximately $2,245 per square foot. This property was built in 1991. 20 Ocean Rd Unit 405 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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