NOT LISTED FOR SALE

259 Bayshore Dr Ocean City, NJ 08226

Estimated Value: $3,814,654 - $4,778,000

4 Beds
4 Baths
3,278 Sq Ft
$1,306/Sq Ft Est. Value

About This Home

This home is located at 259 Bayshore Dr, Ocean City, NJ 08226 and is currently estimated at $4,280,414, approximately $1,305 per square foot. 259 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
Dec 13, 2019
Sold by
Schriver Eugene and Schriver Laura K
Bought by
Schulte Michael J and Schulte Kimberly A
Current Estimated Value
$4,280,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 28, 2002

Purchase Details

Closed on
Oct 18, 1994
Sold by
Luchsinger John
Bought by
Morrissey Francis and Morrissey Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Schulte Michael J $2,100,000 None Available
-- $1,980,000 --
Morrissey Francis $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulte Michael J $1,200,000
Previous Owner Schriver Eugene $312,000
Previous Owner Schriver Laura K T $1,631,000
Previous Owner Schriver Eugene $100,000
Previous Owner Schriver Eugene $575,000
Previous Owner Schriver Eugene $1,782,183
Previous Owner Schriver Laura K T $250,000
Previous Owner Morrissey Francis $300,000
Source: Public Records

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 $20,877 $1,860,700 $1,035,000 $825,700
2024 $20,877 $1,860,700 $1,035,000 $825,700
2023 $19,928 $1,860,700 $1,035,000 $825,700
2022 $19,147 $1,860,700 $1,035,000 $825,700
2021 $18,700 $1,860,700 $1,035,000 $825,700
2020 $18,198 $1,860,700 $1,035,000 $825,700
2019 $17,993 $1,860,700 $1,035,000 $825,700
2018 $17,826 $1,860,700 $1,035,000 $825,700
2017 $17,546 $1,860,700 $1,035,000 $825,700
2016 $16,877 $1,860,700 $1,035,000 $825,700
2015 $16,653 $1,860,700 $1,035,000 $825,700
2014 $16,411 $1,860,700 $1,035,000 $825,700
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

259 Bayshore Dr, Ocean City, NJ

This home is located at 259 Bayshore Dr, Ocean City, NJ 08226 and is currently estimated at $4,280,414, approximately $1,305 per square foot. 259 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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