249 Bayshore Dr Ocean City, NJ 08226
Estimated Value: $2,525,000 - $4,085,000
--
Bed
--
Bath
3,185
Sq Ft
$1,109/Sq Ft
Est. Value
About This Home
This home is located at 249 Bayshore Dr, Ocean City, NJ 08226 and is currently estimated at $3,531,004, approximately $1,108 per square foot. 249 Bayshore Dr is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 19, 2008
Sold by
Greenwood W Kenneth
Bought by
Margraf Timothy A and Washko Margraf Cynthia M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 1993
Sold by
Greenwood Mina
Bought by
Greenwood,Mina Hazel Family Trust
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 |
---|---|---|---|
Margraf Timothy A | $1,450,000 | Commonwealth Land Title Insu | |
Greenwood,Mina Hazel Family Trust | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Margraf Timothy | $1,250,000 | |
Open | Margraf Timothy A | $1,868,300 | |
Closed | Margraf Timothy A | $1,000,000 |
Source: Public Records
Tax History Compared to Growth
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 | $22,482 | $2,003,700 | $920,000 | $1,083,700 |
2024 | $22,482 | $2,003,700 | $920,000 | $1,083,700 |
2023 | $21,460 | $2,003,700 | $920,000 | $1,083,700 |
2022 | $20,618 | $2,003,700 | $920,000 | $1,083,700 |
2021 | $20,137 | $2,003,700 | $920,000 | $1,083,700 |
2020 | $19,596 | $2,003,700 | $920,000 | $1,083,700 |
2019 | $19,376 | $2,003,700 | $920,000 | $1,083,700 |
2018 | $19,195 | $2,003,700 | $920,000 | $1,083,700 |
2017 | $18,895 | $2,003,700 | $920,000 | $1,083,700 |
2016 | $18,174 | $2,003,700 | $920,000 | $1,083,700 |
2015 | $17,933 | $2,003,700 | $920,000 | $1,083,700 |
2014 | $17,673 | $2,003,700 | $920,000 | $1,083,700 |
Source: Public Records
Map
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