NOT LISTED FOR SALE

215 Ocean Rd Ocean City, NJ 08226

Estimated Value: $3,414,000 - $3,936,000

5 Beds
6 Baths
4,325 Sq Ft
$834/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $1,607,310 $372 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $20,553/month

153 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Living Room with Fireplace
  • Ocean City Primary School Rated A
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of May 2018

Stunning Ocean Views!! East Side Gardens Single Family Home Situated Just One Block to the Beach! Offering 4,400 sq ft of spacious living, the unique home is accessed by an Open Three Story Staircase, boasting 5 Bedrooms and 4.5 Bathrooms. The first floor offers a Sitting Room, Three Bedrooms, Two Full Bathrooms, Powder Room, Utility Room and Access to The Private Rear Patio. The Second Floor is a Bright, Spacious Great Room with Custom Kitchen with Center Island, High End Appliances, and Granite Countertops. Master Suite with Walk In Closet, and Private Porch. Beautiful Family Room with Hardwood Flooring Throughout, Opening to a Sprawling Back Deck, Ideal to enjoy Morning Coffee or The Afternoon Sun while Capturing the Panoramic Ocean Views! The Third Floor Features a Large Guest Suite, with Private Terrace and Unparalleled Ocean Views!

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 09/07/2017

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 09/07/2017

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,217

Lot Details

  • Lot Dimensions are 50 x 100
  • Building is beachfront but unit may not have water views
  • Fenced
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Cathedral Ceiling
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,217

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished
  • Lvt Date: 09/09/2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 50 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
May 18, 2018
Sold by
Parahus Robert and Parhus Banna M
Bought by
Lehman Christopher A and Lehman Diane P
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$1,695,000
Sold Price
$1,607,310
Premium/Discount to List
-$87,690
-5.17%
Current Estimated Value
$3,607,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,000,118
Avg. Annual Appreciation
11.56%

Purchase Details

Listed on
May 1, 2012
Closed on
Nov 4, 2012
Sold by
Rakoff Martin
Bought by
Parahus Robert and Parahus Bethann M
Seller's Agent
ROBERT D PITERA
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$1,440,000
Sold Price
$1,440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Kennedy Alan D
Bought by
Rakoff Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Kennedy Alan E
Bought by
Kennedy Alan D and Kennedy Marcie S

Purchase Details

Closed on
Dec 1, 1999
Sold by
Myers Robert S
Bought by
Kennedy Alan D
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
Lehman Christopher A $1,607,310 --
Parahus Robert $1,440,000 Freedom Title & Abstract Com
Rakoff Martin $1,750,000 --
Kennedy Alan D $267,500 --
Kennedy Alan D $267,500 --
Kennedy Alan D $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parahus Robert $417,000
Previous Owner Rakoff Martin $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2018 05/18/18 Sold $1,607,310 -5.2% $372 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
09/07/2017 09/07/17 For Sale $1,695,000 +17.7% $392 / Sq Ft
09/28/2012 09/28/12 Sold $1,440,000 0.0% $333 / Sq Ft View Prior Sale
08/04/2012 08/04/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $1,440,000 -- $333 / 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 $16,217 $1,445,400 $857,000 $588,400
2024 $16,217 $1,445,400 $857,000 $588,400
2023 $15,480 $1,445,400 $857,000 $588,400
2022 $14,873 $1,445,400 $857,000 $588,400
2021 $13,977 $1,445,400 $857,000 $588,400
2020 $14,136 $1,445,400 $857,000 $588,400
2019 $13,977 $1,445,400 $857,000 $588,400
2018 $13,847 $1,445,400 $857,000 $588,400
2017 $13,630 $1,445,400 $857,000 $588,400
2016 $13,110 $1,445,400 $857,000 $588,400
2015 $12,936 $1,445,400 $857,000 $588,400
2014 $12,748 $1,440,000 $857,000 $583,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 493748

South Jersey Shore Regional MLS

APN: 08-00070-28-00004