NOT LISTED FOR SALE

243 W Atlantic Blvd Ocean City, NJ 08226

Estimated Value: $2,359,000 - $4,000,000

5 Beds
4.5 Baths
-- Sq Ft
7,231 Sq Ft Lot

Last Sold November 29, 2021

Last sale price $2,550,000

Est. 27% increase in value since last sale

Current estimated payment $19,574/month

9 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Recreation Room
  • Ocean City Primary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of November 2021

Coming Soon! Stunning New Construction by Gabriel Development Group! Situated on an expansive 60x120 lot. The home will host three levels of living space with 5 oversized bedrooms, 4.5 bathrooms. The property will feature every bell and whistle with an ELEVATOR, hardwood flooring, tiled gas fireplace, vaulted ceilings, multi zoned gas heat and central air, crown molding, batten board, and more! The Kitchen will be outfitted with high-end appliances, soft close cabinetry, granite countertops and large center island. Exterior amenities will include an attached garage, fully manicured grounds, in-ground pool, outside shower, and multiple decks! There is still time to select all of your features and enhancements!

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC License #0121493 Listed on: 01/29/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC License #SB-8933621

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,743

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 60x120
  • Fenced
  • Sprinkler System

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Recreation Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Attached Garage
  • 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
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,743

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 01/29/2021
  • New Construction: Yes
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Porch, Sidewalks, Sprinkler System
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • 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
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 60x120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Nov 16, 2021
Sold by
Gabriel Building Group Inc
Bought by
Betchner Steven and Betchner Kathleen
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$2,250,000
Sold Price
$2,550,000
Premium/Discount to List
$300,000
13.33%
Current Estimated Value
$3,228,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,897
Avg. Annual Appreciation
7.10%
Original Mortgage
$1,906,600
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2019
Closed on
Apr 30, 2020
Sold by
Maccarone Jacquelyn
Bought by
Gabriel Building Group
Seller's Agent
Donna Ang
FOX REAL ESTATE-Brighton
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$975,000
Sold Price
$945,000
Premium/Discount to List
-$30,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.44%
Original Mortgage
$2,000,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
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
Betchner Steven $2,550,000 Garrett & Batastini Pa
Gabriel Building Group $945,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betchner Steve $125,000
Previous Owner Betchner Steven $1,906,600
Previous Owner Gabriel Building Group $2,000,000
Previous Owner Maccarone Jacquelyn $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $2,550,000 0.0% --
02/07/2021 02/07/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $2,550,000 +13.3% --
01/29/2021 01/29/21 For Sale $2,250,000 +138.1% --
05/01/2020 05/01/20 Sold $945,000 -3.1% --
02/16/2020 02/16/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $975,000 -- --
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 $22,743 $2,027,000 $602,600 $1,424,400
2024 $22,743 $2,027,000 $602,600 $1,424,400
2023 $21,709 $2,027,000 $602,600 $1,424,400
2022 $6,201 $602,600 $602,600 $0
2021 $5,561 $602,600 $602,600 $0
2020 $6,449 $659,400 $602,600 $56,800
2019 $6,376 $659,400 $602,600 $56,800
2018 $6,317 $659,400 $602,600 $56,800
2017 $6,218 $659,400 $602,600 $56,800
2016 $5,981 $659,400 $602,600 $56,800
2015 $5,902 $659,400 $602,600 $56,800
2014 $5,816 $659,400 $602,600 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 546695

South Jersey Shore Regional MLS

APN: 08-00070-17-00004