NOT LISTED FOR SALE

2724 Bay Ave Ocean City, NJ 08226

Estimated Value: $458,000 - $495,000

2 Beds
1 Bath
-- Sq Ft
0.47 Acres

Last Sold May 15, 2015

Last sale price $196,500

Est. 144% increase in value since last sale

Current estimated payment $2,693/month

428 Days on Market

Highlights

  • Main Floor Bedroom
  • End Unit
  • Ceiling Fan
  • Ocean City Primary School Rated A
  • Bathroom on Main Level
  • Baseboard Heating

About This Home

As of May 2015

PRICED TO SELL! 2 bedroom, 1 bath first floor end unit condo across from bird sanctuary. Tile bath. Unfurnished, but includes washer, dryer, dishwasher, garbage disposal, refrigerator and 3 ceiling fans. Also includes off street parking, rear porch.

Last Agent to Sell the Property

Michael Monihan

MONIHAN REALTY License #7817669 Listed on: 03/05/2014

Last Buyer's Agent

Kevin Redmond

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 1976

Lot Details

  • End Unit

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, sewer, trash, water
  • Baylanding Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,236

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1976
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Brick, Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units, Wall Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Sewer, Trash, Water
  • Condo Name: Baylanding
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
May 15, 2015
Sold by
Hordis James C
Bought by
Mitchell Matthew and Mitchell Dawn
Seller's Agent
Michael Monihan
MONIHAN REALTY
Buyer's Agent
Kevin Redmond
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$196,500
Sold Price
$196,500
Current Estimated Value
$478,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,455
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Sep 20, 1991
Sold by
Reilly Mita Realty Part
Bought by
Rule George E and Rule Regina M
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
Mitchell Matthew $196,500 Infinity Title Agency
Rule George E $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $196,500 0.0% --
05/07/2015 05/07/15 Pending -- -- --
03/05/2014 03/05/14 For Sale $196,500 -- --
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 $2,236 $199,300 $113,000 $86,300
2024 $2,236 $199,300 $113,000 $86,300
2023 $2,135 $199,300 $113,000 $86,300
2022 $2,051 $199,300 $113,000 $86,300
2021 $1,487 $199,300 $113,000 $86,300
2020 $1,949 $199,300 $113,000 $86,300
2019 $1,927 $199,300 $113,000 $86,300
2018 $1,909 $199,300 $113,000 $86,300
2017 $1,879 $199,300 $113,000 $86,300
2016 $1,808 $199,300 $113,000 $86,300
2015 $1,784 $199,300 $113,000 $86,300
2014 $1,758 $199,300 $113,000 $86,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Monihan

    Seller's Agent in 2015

    Michael Monihan

    MONIHAN REALTY

    (609) 399-0998

    6 in this area

    6 Total Sales

    Michael Monihan
    Section Image
  • Kevin Redmond

    Buyer's Agent in 2015

    Kevin Redmond

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 513-6220

    67 in this area

    99 Total Sales

    Kevin Redmond
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 425081

South Jersey Shore Regional MLS

APN: 08-02707-0000-00001-0000-C2724

New Jersey Cape May County Ocean City 08226

2724 Bay Ave, Ocean City, NJ

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