NOT LISTED FOR SALE

201 25th St Unit 1 Ocean City, NJ 08226

Estimated Value: $894,271 - $1,229,000

3 Beds
2 Baths
-- Sq Ft
5,750 Sq Ft Lot

Last Sold October 30, 2018

Last sale price $469,900

Est. 112% increase in value since last sale

Current estimated payment $5,707/month

40 Days on Market

Highlights

  • Corner Lot
  • Furnished
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of October 2018

Large 1st Floor corner condo overlooking the Ocean City Wildlife Preserve. Home Features: 3 Bedrooms, 2 Full baths, Gas heat, Central Air, Living room with wall to wall carpet and gas fireplace, and Equipped kitchen with Ceramic tile and center island breakfast bar. Relax on your deck overlooking the wildlife preserve or large wraparound deck... Plenty of offshore carport parking and outside shower. Easy access to the OC Bike Path, boardwalk and beach. This corner property sits on a large 50 X 115 lot giving a bigger floor plan than the average 3Bd unit. Call for more information...

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 07/24/2018

Last Buyer's Agent

George Cash

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1994

Lot Details

  • 5,750

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Pad
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

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

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,857

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 07/24/2018
  • Year Built: 1994
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars, Assigned, Parking Pad, Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), 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), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 30, 2018
Sold by
Edge Ryan and Edge Jeanice
Bought by
Vernon Andrew P and Schaefer Carolyn P
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
George Cash
BERGER REALTY-Main
List Price
$469,900
Sold Price
$469,900
Current Estimated Value
$996,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,168
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
May 8, 2015
Sold by
Brooks Dale F and Brooks Wendy A
Bought by
Edge Ryan and Edge Jeanice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Sanderson Earl T and Sanderson Colleen M
Bought by
Brooks Dale F and Brooks Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Vernon Andrew P $469,900 --
Edge Ryan $467,500 The Title Company Of Jersey
Brooks Dale F $485,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edge Ryan $287,500
Previous Owner Brooks Dale F $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $469,900 0.0% --
09/02/2018 09/02/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $469,900 -- --
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 $4,857 $432,900 $252,000 $180,900
2024 $4,857 $432,900 $252,000 $180,900
2023 $4,636 $432,900 $252,000 $180,900
2022 $4,455 $432,900 $252,000 $180,900
2021 $3,229 $432,900 $252,000 $180,900
2020 $4,234 $432,900 $252,000 $180,900
2019 $4,186 $432,900 $252,000 $180,900
2018 $4,147 $432,900 $252,000 $180,900
2017 $4,082 $432,900 $252,000 $180,900
2016 $3,926 $432,900 $252,000 $180,900
2015 $3,874 $432,900 $252,000 $180,900
2014 -- $432,900 $252,000 $180,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 508659

South Jersey Shore Regional MLS

APN: 08-02404-0000-00001-0000-C1