Seller's Agent in 2023
Michael Contino
BHHS Fox & Roach
(609) 335-9100
330 in this area
380 Total Sales
217 Bay Rd Ocean City, NJ 08226
Estimated Value: $3,878,000 - $4,734,000
5
Beds
6.5
Baths
--
Sq Ft
7,492
Sq Ft Lot Lot
Highlights
- Water Views
- New Construction
- Deck
- Ocean City Primary School Rated A
- In Ground Pool
- Multiple Fireplaces
About This Home
As of August 2023$50,000 BUYERS CREDIT WITH A FULL PRICE OFFER! OUTSTANDING VALUE! GORGEOUS PROPERTY! The Design and Features of this Brand-New Custom OCNJ Estate with Bay Views are Second to None! Wait until you See this Stunning Single Family New Construction Property for 2023! Once you step foot inside, you'll instantly fall in love. The open floor plan layout has been brilliantly designed by a renowned architect, and features a magnificent exterior with high-end materials, as well as many opulent decks featuring MAHOGANY PORCH CEILINGS with AMAZING BAY VIEWS! This beach chateau features 5 spacious bedrooms, 6 full luxury baths plus a half bath, 2 family rooms, and a luxury residential ELEVATOR servicing all floors! The home also features a private backyard oasis with DESIGNER POOL featuring UPGRADED SILVER TRAVERTINE and POOL HEATER! As you move through the home, the Lavish Gourmet Chef's kitchen featuring a STAINLESS STEEL JENN-AIR PACKAGE with 48” freestanding range flows eloquently into the grand dining and living room spaces. A Plethora of windows majestically and elegantly lights up each interior living space, which features timeless materials and color sections. The home also features beautiful wide-plank flooring, 2-zone gas heat and C/A, an oversized, custom 2-car detached garage, en-suite bathrooms in every bedroom, smart home features, and more! This spectacular build is an absolute must see. Great Location! Great Quality New Construction! Stunning Home! See you on the Bay!
Home Details
Home Type
- Single Family
Year Built
- Built in 2023 | New Construction
Lot Details
- Lot Dimensions are 75 x 100
- Cul-De-Sac
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Elevator
- Cathedral Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Gas Log Fireplace
- Insulated Windows
- Great Room
- Living Room with Fireplace
- Dining Room
- Den
- Recreation Room
- Storage
- Water Views
- Crawl Space
- Storage In Attic
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Storm Screens
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Car Detached Garage
- Parking Pad
- Automatic Garage Door Opener
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2023
Closed on
Aug 25, 2023
Sold by
V2 Properties Entity 7 Llc
Bought by
Barto Linda and Ream Scott
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Tim McLaughlin
MONIHAN REALTY
List Price
$3,850,000
Sold Price
$3,600,000
Premium/Discount to List
-$250,000
-6.49%
Views
201
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,671
Avg. Annual Appreciation
7.40%
Purchase Details
Listed on
Oct 4, 2021
Closed on
Dec 17, 2021
Sold by
Palermo James A
Bought by
V2 Properties Entity 7 Llc
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$1,799,000
Sold Price
$1,662,500
Premium/Discount to List
-$136,500
-7.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.96%
Original Mortgage
$2,025,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barto Linda | $3,600,000 | Title Company Of Jersey | |
| Barto Linda | $3,600,000 | Title Company Of Jersey | |
| V2 Properties Entity 7 Llc | $1,662,500 | Freedom Title | |
| V2 Properties Entity 7 Llc | $1,662,500 | Freedom Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | V2 Properties Entity 7 Llc | $2,025,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $3,600,000 | -2.0% | -- | |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- | |
| 07/26/2023 07/26/23 | Price Changed | $3,675,000 | -0.7% | -- | |
| 06/02/2023 06/02/23 | Price Changed | $3,700,000 | -3.9% | -- | |
| 05/11/2023 05/11/23 | For Sale | $3,850,000 | +131.6% | -- | |
| 12/17/2021 12/17/21 | Sold | $1,662,500 | -7.6% | -- | View Prior Sale |
| 10/12/2021 10/12/21 | Pending | -- | -- | -- | |
| 10/04/2021 10/04/21 | For Sale | $1,799,000 | -- | -- |
Source: South Jersey Shore Regional MLS
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 | $26,250 | $2,339,600 | $617,000 | $1,722,600 |
| 2024 | $26,250 | $2,339,600 | $617,000 | $1,722,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Contino
-
Tim McLaughlin
Buyer's Agent in 2023
Tim McLaughlin
MONIHAN REALTY
(609) 576-0002
39 in this area
51 Total Sales
-
JOSEPH SHEPPARD
Seller's Agent in 2021
JOSEPH SHEPPARD
BHHS Fox & Roach
(609) 602-0501
60 in this area
78 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 573904
APN: 08-00070-15-00003
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