NOT LISTED FOR SALE

24 Tonkin Ct Ocean City, NJ 08226

Estimated Value: $541,000 - $576,660

2 Beds
2 Baths
961 Sq Ft
5.47 Acres

Last Sold October 19, 2018

Last sale price $306,500 $319 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,189/month

Highlights

  • Water Views
  • Clubhouse
  • End Unit
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2018

2nd Floor End Condo in lovely Nantucket Condos with vaulted ceilings and lovely views of bay and sunsets. Newer Anderson Construction windows including large floor to ceiling window with skylight. Very well maintained unit with newer appliances, disposal and new storm door. Unit has outside storage locker for beach chairs etc. Includes pool, hot tub, club house with exercise room and bike racks. New steps, railings and fiber glass decks installed in 2017. Excellent rental history. Nantucket is a WIFI community. On-site property manager and active board. Friendly community, pets allowed for owners.

Last Agent to Sell the Property

LARYN CRISCI

BHHS FOX and ROACH-Simpson OC License #1756525 Listed on: 09/07/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1986

Lot Details

  • End Unit

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2-C45 / 2707

Community Details

Overview

  • Association fees include maintenance, management, trash, pool
  • Nantucket Condos

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,330

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Shades
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Estimated Sq Ft: 961
  • Common Area Features: Clubhouse/Clubroom, Outside Shower, Pool, Storage Facility, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Maintenance, Management, Trash, Pool
  • Condo Name: Nantucket
  • Management: Association, On-Site Professionals

Lot Info

  • Lot Number: 2-C45
  • Location: Water View

Rental Info

  • Pets: Yes

Tax Info

  • Year: 2018
  • Taxes: 2330

Multi Family

  • Unit Features: Cathedral Ceiling(s), Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 12, 2018
Sold by
Britt Joseph P and Ottaviano Donna M
Bought by
Windt Edward A and Morales Nancy
Seller's Agent
LARYN CRISCI
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$295,000
Sold Price
$306,500
Premium/Discount to List
$11,500
3.9%
Current Estimated Value
$565,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,165
Avg. Annual Appreciation
9.08%
Original Mortgage
$245,000
Outstanding Balance
$214,109
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,556

Purchase Details

Closed on
Jul 20, 2001
Sold by
Masho Richard
Bought by
Britt Joseph Phillip and Ottaviano Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.14%

Purchase Details

Closed on
Dec 28, 1994
Sold by
Pabish Adele
Bought by
Masho Richard and Masho Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.2%
Source: Public Records

Range of Values:

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Average Value
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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
Windt Edward A $306,500 --
Britt Joseph Phillip $182,000 --
Britt Joseph Phillip $182,000 --
Masho Richard $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windt Edward A $245,000
Previous Owner Britt Joseph Phillip $145,600
Previous Owner Masho Richard $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $306,500 +3.9% $319 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $295,000 -- $307 / 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 $2,730 $243,300 $98,600 $144,700
2024 $2,730 $243,300 $98,600 $144,700
2023 $2,606 $243,300 $98,600 $144,700
2022 $2,504 $243,300 $98,600 $144,700
2021 $2,445 $243,300 $98,600 $144,700
2020 $2,379 $243,300 $98,600 $144,700
2019 $2,353 $243,300 $98,600 $144,700
2018 $2,331 $243,300 $98,600 $144,700
2017 $2,294 $243,300 $98,600 $144,700
2016 $2,207 $243,300 $98,600 $144,700
2015 $2,178 $243,300 $98,600 $144,700
2014 $2,146 $243,300 $98,600 $144,700
Source: Public Records

Agents Affiliated with this Home

  • LARYN CRISCI

    Seller's Agent in 2018

    LARYN CRISCI

    BHHS Fox & Roach

    (610) 368-8416

    20 in this area

    24 Total Sales

    LARYN CRISCI
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2018

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    209 in this area

    314 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 510892

South Jersey Shore Regional MLS

APN: 08-02707-0000-00002-0000-C45

New Jersey Cape May County Ocean City 08226

24 Tonkin Ct, Ocean City, NJ

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