NOT LISTED FOR SALE

220 W Atlantic Blvd Ocean City, NJ 08226

Estimated Value: $2,271,000 - $3,414,000

3 Beds
2.5 Baths
1,452 Sq Ft
$1,900/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $1,556,250 $1,072 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $16,254/month

109 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Deck
  • Porch

About This Home

As of August 2018

This beautiful Gardens Bayfront Home is located on one of the most sought after lagoons on the island. This custom built home features a spacious floor plan with an open living room, dining room and kitchen overlooking the water and taking advantage of the breathtaking water and sunset views. The home offers two large elevated decks on the second and third floors with an expansive waterfront deck for entertaining. Other features of the home include hand-laid oak floors, a gourmet kitchen with beautiful cabinetry, top of the line Monogram appliances, hand selected granite counter tops, custom trim work, custom tiled bathrooms, heated floors, a large two car garage and two boat slips.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 03/05/2018

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Chris Monihan

MONIHAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,690

Lot Details

  • Lot Dimensions are 33x101
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Storm Screens

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,690

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds
  • Lvt Date: 03/05/2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bar, Kitchen Center Island
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Outside Shower, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Screens
  • Waterfront: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Number: 6
  • Location: Bay Front, Bulkheaded, Water View
  • Lot Dimensions: 33x101
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2016
  • Taxes: 11672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Aug 21, 2018
Sold by
Leonard Keith S and Leonard Linda K
Bought by
Moler Steen B and Gaffaney Tara A
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Chris Monihan
MONIHAN REALTY
List Price
$1,699,000
Sold Price
$1,556,250
Premium/Discount to List
-$142,750
-8.4%
Current Estimated Value
$2,758,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,202,316
Avg. Annual Appreciation
8.51%
Original Mortgage
$449,943
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2009
Sold by
Estate Of Jane D Hack and Waters Jo Ann
Bought by
Leonard Keith S and Leonard Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.31%
Mortgage Type
New Conventional
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
Moler Steen B $1,556,250 --
Leonard Keith S $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moller Steen B $417,800
Closed Moler Steen B $449,943
Previous Owner Leonard Keith S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $1,556,250 -8.4% $1,072 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $1,699,000 -- $1,170 / 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 $14,690 $1,309,300 $936,200 $373,100
2024 $14,690 $1,309,300 $936,200 $373,100
2023 $14,023 $1,309,300 $936,200 $373,100
2022 $13,242 $1,286,900 $936,200 $350,700
2021 $9,600 $1,286,900 $936,200 $350,700
2020 $12,586 $1,286,900 $936,200 $350,700
2019 $12,444 $1,286,900 $936,200 $350,700
2018 $12,329 $1,286,900 $936,200 $350,700
2017 $12,135 $1,286,900 $936,200 $350,700
2016 $11,672 $1,286,900 $936,200 $350,700
2015 $11,518 $1,286,900 $936,200 $350,700
2014 $11,350 $1,286,900 $936,200 $350,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 501874

South Jersey Shore Regional MLS

APN: 08-00070-14-00006