NOT LISTED FOR SALE

200 31st St Unit 2 Ocean City, NJ 08226

Estimated Value: $1,183,000 - $1,249,000

-- Bed
-- Bath
1,684 Sq Ft
$725/Sq Ft Est. Value

About This Home

This home is located at 200 31st St Unit 2, Ocean City, NJ 08226 and is currently estimated at $1,220,312, approximately $724 per square foot. 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.

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
$1,220,312

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
New Conventional
Estimated Equity
$796,373

Purchase Details

Closed on
Dec 16, 2016
Sold by
Ochs Matthew E and Ochs Judith J
Bought by
Milam Matthew W and Milam Karen M

Purchase Details

Closed on
May 26, 2005
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Ochs Matthew E and Ochs Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,200
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Shore Title
Milam Matthew W $610,000 Freedom Title & Abstract Co
Ochs Matthew E $739,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn Norman J $475,000
Previous Owner Ochs Matthew E $591,200
Source: Public Records

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 $7,176 $639,600 $283,400 $356,200
2024 $7,176 $639,600 $283,400 $356,200
2023 $6,687 $624,400 $283,400 $341,000
2022 $6,425 $624,400 $283,400 $341,000
2021 $6,275 $624,400 $283,400 $341,000
2020 $6,107 $624,400 $283,400 $341,000
2019 $6,038 $624,400 $283,400 $341,000
2018 $5,982 $624,400 $283,400 $341,000
2017 $5,888 $624,400 $283,400 $341,000
2016 $5,663 $624,400 $283,400 $341,000
2015 $5,570 $622,300 $318,800 $303,500
2014 $5,489 $622,300 $318,800 $303,500
Source: Public Records

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