NOT LISTED FOR SALE

228 W Atlantic Blvd Ocean City, NJ 08226

Estimated Value: $3,684,461 - $5,363,000

5 Beds
4.5 Baths
-- Sq Ft
4,922 Sq Ft Lot

Last Sold November 19, 2018

Last sale price $2,525,000

Est. 90% increase in value since last sale

Current estimated payment $28,643/month

45 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Family Room with Fireplace

About This Home

As of November 2018

PLAY ON THE BAY WHILE JUST STEPS TO "GARDENS BEACHES!" STUNNING AND WELL APPOINTED GARDENS BAYFRONT HOME! SITUATED ON THE MOST SOUGHT AFTER LAGOON FRONT LOCATIONS ON THE ISLAND! 2'X6' CONSTRUCTION, CEDAR SIDING W/FLARE DETAIL, ANDERSEN HURRICANE WINDOWS, ORNAMENTAL COPPER ROOFING, COPPER GUTTERS AND DOWNSPOUTS, CHEF'S KITCHEN W/ APPLIANCES BY WOLF AND SUB-ZERO, WETBAR W/ SCOTTSMAN ICE-MAKER & WINE/BEVERAGE COOLER, SUB-ZERO BEVERAGE DRAWER BUILT IN TO A VERY LARGE AND ENTERTAINING CENTER ISLAND, BRAZILIAN CHERRY HARDWOOD WITH WALNUT FINISH, COFFERED CEILING IN LIVING ROOM, BEAUTIFUL WAINSCOTING THROUGHOUT, MASTER BEDROOM BREAKFAST BAR W/SINK AND BEVERAGE COOLER, IPA COVERED AND OPEN DECKING OVERLOOKING FLOATING CONCRETE BOAT SLIPS, ADDITIONAL DEDICATED HOT WATER HEATER SERVICING RADIANT FLOOR HEATING THROUGHOUT ENTIRE FIRST FLOOR AND MASTER BATHROOM, HOME WAS PREPARED WITH AN ELEVATOR SHAFT FINISHED AS UNTILY CLOSETS ON 1ST & 2ND FLOORS FOR FUTURE USE (ELEVATOR NOT INCLUDED), MASTER BEDROOM SUNDECK VIEWING SUNSETS FREQUENTLY AT THE MOUTH OF THE LAGOON, MINUTES TO GREAT EGG HARBOR INLET! YOU ARE HIGHLY ENCOURAGED TO CHECK OUT VIRTUAL TOUR ABOVE!!!!

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) License #SP-8837473 Listed on: 09/04/2018

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E) License #SP-8837473 Listed on: 09/04/2018

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,988

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 49 x 100
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Deck
  • Porch

Utilities

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

Community Details

Overview

  • Gardens Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,988

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 11 To 15 Years
  • Also Includes: Blinds
  • Lvt Date: 09/05/2018
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Outside Shower, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Insulated Glass, Screens, Storms

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Bay Front, Boardwalk Front, Bulkheaded, Lagoon Front, Water View
  • Lot Dimensions: 49 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 26, 2018
Sold by
Dimarco Robert P and Dimarco Mary A
Bought by
Bnoc Inc
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$2,599,000
Sold Price
$2,525,000
Premium/Discount to List
-$74,000
-2.85%
Current Estimated Value
$4,794,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,269,049
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Dec 7, 2004
Sold by
Underwood Thomas and Underwood Judy
Bought by
Dimarco Robert P and Dimarco Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
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
Bnoc Inc $2,525,000 --
Dimarco Robert P $2,100,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimarco Robert P $400,000
Previous Owner Dimarco Robert P $1,300,000
Previous Owner Dimarco Robert P $417,000
Previous Owner Dimarco Robert P $300,000
Previous Owner Dimarco Robert P $1,304,500
Previous Owner Dimarco Robert P $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $2,525,000 -2.8% --
10/19/2018 10/19/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $2,599,000 -- --
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 $25,988 $2,316,200 $1,316,000 $1,000,200
2024 $25,988 $2,316,200 $1,316,000 $1,000,200
2023 $24,807 $2,316,200 $1,316,000 $1,000,200
2022 $23,834 $2,316,200 $1,316,000 $1,000,200
2021 $11,847 $2,316,200 $1,316,000 $1,000,200
2020 $22,652 $2,316,200 $1,316,000 $1,000,200
2019 $22,398 $2,316,200 $1,316,000 $1,000,200
2018 $22,189 $2,316,200 $1,316,000 $1,000,200
2017 $21,842 $2,316,200 $1,316,000 $1,000,200
2016 $21,008 $2,316,200 $1,316,000 $1,000,200
2015 $20,730 $2,316,200 $1,316,000 $1,000,200
2014 $20,429 $2,316,200 $1,316,000 $1,000,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 510712

South Jersey Shore Regional MLS

APN: 08-00070-14-00009