NOT LISTED FOR SALE

200 Bay Ave Unit 207 Ocean City, NJ 08226

Estimated Value: $245,811 - $364,000

-- Bed
1 Bath
300 Sq Ft
0.83 Acres

Last Sold February 22, 2013

Last sale price $105,000 $350 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,700/month

313 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Deck
  • Ocean City Primary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of February 2013

Put your boat in the water! This rare upper level efficiency is on the second floor of the center building and includes a balcony with a view across the pool deck to the bay. Harbor House offers the best in bayside living, with a clubhouse for visiting and entertaining, a huge bayside deck, a large pool, and its own marina. This condo comes with a 25-foot boat slip with water and electric service. Tax assessment has been reduced to $127,500 and at this number, 2011 taxes would have been $959.

Last Agent to Sell the Property

Joan Farrel

MONIHAN REALTY-A Listed on: 03/29/2012

Last Buyer's Agent

Joan Farrel

MONIHAN REALTY-A Listed on: 03/29/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,431

Lot Details

  • 0.83

Property Views

  • Water
  • Pool

Home Design

  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • 3-Story Property
  • Partially Furnished
  • Entrance Foyer

Kitchen

  • Stove
  • Microwave

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Harbor House Condos

Amenities

  • Building Patio
  • Community Deck or Porch
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,431

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Partially Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Pool View, Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Common Area Features: Bulkheaded, Cable Tv, Clubhouse/Clubroom, Deck/Porch, Dock/Boat Slip, Elevator, Enclsd/Covered Porch, Laundromat On Site, Patio, Pool

Exterior Features

  • Siding Exterior: Concrete

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Harbor House
  • Management: Association

Lot Info

  • Location: Bay Front

Multi Family

  • Unit Features: Foyer, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
Feb 18, 2013
Sold by
Pullman Michael J and Pierznik Christopher P
Bought by
Bay Brothers Llc
Seller's Agent
Joan Farrel
MONIHAN REALTY-A
Buyer's Agent
Joan Farrel
MONIHAN REALTY-A
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$292,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,453
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Jan 28, 2006
Sold by
Harris George N and Baldi Alfonso L
Bought by
Pullman Michael J and Pierznik Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
Regan Ann M
Bought by
Harris George N and Baldi Alfonso L

Purchase Details

Closed on
Jul 5, 2000
Sold by
R&R Co
Bought by
Persia Al
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
Bay Brothers Llc $105,000 Chicago Title
Pullman Michael J $247,500 None Available
Harris George N $151,100 --
Harris George N $151,100 --
Persia Al $72,900 --
Persia Al $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bay Brothers Llc $115,000
Previous Owner Pullman Michael J $198,000
Previous Owner Baldi Alfonso L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $105,000 0.0% $350 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
03/29/2012 03/29/12 For Sale $105,000 -- $350 / Sq Ft
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 $1,431 $127,500 $72,000 $55,500
2024 $1,431 $127,500 $72,000 $55,500
2023 $1,366 $127,500 $72,000 $55,500
2022 $1,312 $127,500 $72,000 $55,500
2021 $1,281 $127,500 $72,000 $55,500
2020 $1,247 $127,500 $72,000 $55,500
2019 $1,233 $127,500 $72,000 $55,500
2018 $1,221 $127,500 $72,000 $55,500
2017 $1,202 $127,500 $72,000 $55,500
2016 $1,156 $127,500 $72,000 $55,500
2015 $1,141 $127,500 $72,000 $55,500
2014 $1,125 $127,500 $72,000 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Joan Farrel

    Seller's Agent in 2013

    Joan Farrel

    MONIHAN REALTY-A

    (609) 517-7644

    19 Total Sales

    Joan Farrel
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 392791

South Jersey Shore Regional MLS

APN: 08-00112-0000-00001-0000-C207

New Jersey Cape May County Ocean City 08226

200 Bay Ave Unit 207, Ocean City, NJ

This home is located at 200 Bay Ave Unit 207, Ocean City, NJ 08226 since 29 March 2012 and is currently estimated at $292,453, approximately $974 per square foot. 200 Bay Ave Unit 207 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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