NOT LISTED FOR SALE

207 Limpet Dr Ocean City, NJ 08226

Estimated Value: $750,000 - $819,000

3 Beds
2 Baths
1,435 Sq Ft
$546/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $352,500 $246 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,579/month

107 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Ocean City Primary School Rated A
  • Furnished
  • Tennis Courts

About This Home

As of March 2015

Great 3br 2ba Blue Water condo w/bay views. This unit in immaculately clean. Custom furniture, stainless steel appliances

Last Agent to Sell the Property

PAUL GILBERT

BHHS FOX and ROACH-109 34th OC License #SP-9696838 Listed on: 09/03/2014

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC License #SP-8433611

BHHS FOX and ROACH-109 34th OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,703

Lot Details

  • Property Fronts a Bay or Harbor

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, trash
  • Bluewater Condos

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,703

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Furnished, Rugs, Shades
  • Age: 25+ Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Storage Attic
  • Common Area Features: Dock/Boat Slip, Pool, Tennis Court

Exterior Features

  • Siding Exterior: Brick, Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Trash
  • Condo Name: Bluewater
  • Management: Off-Site Professionals

Lot Info

  • Location: Bay Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Fireplace(s), Foyer, Kitchen Center Island, Master Bath, Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Mar 27, 2015
Sold by
Peppelman Raymond G and Peppelman Linda S
Bought by
Gers Joseph A
Seller's Agent
PAUL GILBERT
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$352,500
Sold Price
$352,500
Current Estimated Value
$783,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,262
Avg. Annual Appreciation
7.82%
Original Mortgage
$202,500
Outstanding Balance
$158,176
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$613,484

Purchase Details

Closed on
May 23, 2003
Sold by
Gilbert Paul S
Bought by
Peppelman Raymond G and Peppelman Linda S

Purchase Details

Closed on
Mar 31, 1999
Sold by
Kreckel Gerd
Bought by
Gilbert Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.78%

Purchase Details

Closed on
May 3, 1996
Sold by
Brinker Charles
Bought by
Kreckel Gerd and Kreckel Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.67%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gers Joseph A $352,500 Old Republic Natl Title Ins
Peppelman Raymond G $337,000 --
Gilbert Paul $152,000 --
Kreckel Gerd $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gers Joseph A $202,500
Previous Owner Gilbert Paul $127,000
Previous Owner Kreckel Gerd $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $352,500 0.0% $246 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $352,500 -- $246 / 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 $3,703 $330,000 $135,500 $194,500
2024 $3,703 $330,000 $135,500 $194,500
2023 $3,534 $330,000 $135,500 $194,500
2022 $3,396 $330,000 $135,500 $194,500
2021 $2,462 $330,000 $135,500 $194,500
2020 $3,227 $330,000 $135,500 $194,500
2019 $3,191 $330,000 $135,500 $194,500
2018 $3,161 $330,000 $135,500 $194,500
2017 $3,112 $330,000 $135,500 $194,500
2016 $2,993 $330,000 $135,500 $194,500
2015 $2,954 $330,000 $135,500 $194,500
2014 $2,911 $330,000 $135,500 $194,500
Source: Public Records

Agents Affiliated with this Home

  • PAUL GILBERT

    Seller's Agent in 2015

    PAUL GILBERT

    BHHS Fox & Roach

    (609) 408-2402

    6 in this area

    7 Total Sales

    Section Image
  • Cheryl Huber

    Buyer's Agent in 2015

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    220 in this area

    333 Total Sales

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 435155

South Jersey Shore Regional MLS

APN: 08-03509-0000-00001-0000-C207

New Jersey Cape May County Ocean City 08226

207 Limpet Dr, Ocean City, NJ

This home is located at 207 Limpet Dr, Ocean City, NJ 08226 since 03 September 2014 and is currently estimated at $783,762, approximately $546 per square foot. 207 Limpet Dr 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes