NOT LISTED FOR SALE

200 31st St Unit 2 Ocean City, NJ 08226

Estimated Value: $1,185,000 - $1,256,000

4 Beds
2 Baths
-- Sq Ft
5,184 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $610,000

Est. 102% increase in value since last sale

Current estimated payment $7,111/month

293 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Furnished
  • 2 Car Attached Garage

About This Home

As of December 2016

This is a beautifully appointed 'one-of-a-kind' 2nd floor, 4 bedroom, 2 bath condo. Come see this top of the line summer home with granite counter tops, hardwood floors and a vaulted ceiling. It offers a wrap around deck with views of the wildlife sanctuary at 28th Street and a rooftop deck with magnificent views of the ocean. This property has a proven rental history of over $23,000 per season.

Last Agent to Sell the Property

George Cash

BERGER REALTY-Main Listed on: 01/26/2016

Last Buyer's Agent

Michael Bushong Jr

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 2005

Lot Details

  • 5,184

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad

Utilities

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

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,885

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 02/05/2016
  • Year Built: 2005
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Milam Matthew W and Milam Karen M
Bought by
Gunn Norman J and Gunn Patricia E
Current Estimated Value
$1,232,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$423,939
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$808,920

Purchase Details

Closed on
Mar 23, 2016
Sold by
Nowakowski Heather C
Bought by
Nowakowski Roger M

Purchase Details

Closed on
Aug 10, 2015
Sold by
Rudnicki Richard A and Rudnicki Susan
Bought by
Nowakowski Roger M and Nowakowski Heather C

Purchase Details

Closed on
May 27, 2005
Sold by
Mackie Daniel J
Bought by
Rudnicki Richard A and Rudnicki Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gunn Norman J $710,000 Misc Company
Nowakowski Roger M -- None Available
Nowakowski Roger M -- --
Rudnicki Richard A $760,000 Freedom Title & Abstract Com
Mackie Daniel J $675,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn Norman J $475,000
Previous Owner Rudnicki Richard A $608,000
Closed Rudnicki Richard A $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $610,000 0.0% --
11/14/2016 11/14/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $610,000 -- --
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 $6,885 $613,600 $283,400 $330,200
2024 $6,885 $613,600 $283,400 $330,200
2023 $6,410 $598,500 $283,400 $315,100
2022 $6,159 $598,500 $283,400 $315,100
2021 $4,465 $598,500 $283,400 $315,100
2020 $5,853 $598,500 $283,400 $315,100
2019 $5,788 $598,500 $283,400 $315,100
2018 $5,734 $598,500 $283,400 $315,100
2017 $5,644 $598,500 $283,400 $315,100
2016 $5,428 $598,500 $283,400 $315,100
2015 $5,340 $596,600 $318,800 $277,800
2014 $5,262 $596,600 $318,800 $277,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Cash

    BERGER REALTY-Main

    (609) 231-3586

    19 in this area

    21 Total Sales

    George Cash
    Section Image
  • Michael Bushong Jr

    Buyer's Agent in 2016

    Michael Bushong Jr

    Compass New Jersey-Ocean City (O463E)

    (609) 231-1353

    41 in this area

    75 Total Sales

    Michael Bushong Jr
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 462185

South Jersey Shore Regional MLS

APN: 08-03104-0000-00009-0000-C1

New Jersey Cape May County Ocean City 08226

200 31st St Unit 2, Ocean City, NJ

This home is located at 200 31st St Unit 2, Ocean City, NJ 08226 since 26 January 2016 and is currently estimated at $1,232,859. This property was built in 2005. 200 31st St Unit 2 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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