NOT LISTED FOR SALE

2912 Bayland Dr Ocean City, NJ 08226

Estimated Value: $1,085,000 - $1,478,504

3 Beds
2 Baths
1,302 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $650,000 $499 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,787/month

Highlights

  • Deck
  • Corner Lot
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Porch
  • Patio

About This Home

As of December 2020

Super clean single family rancher in desirable quite baylanding neighborhood. Sprawling corner lot, consist of 3 Bedroom 2 Baths, electric heat, central air, 1 car garage, enclosed front porch, vinyl siding and vinyl fenced in yard, newer roof, all stone maintenance free landscaping. Perfect for year round or 2nd home living. Move right in , or possibly develop down the road. Vacant easy to show.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 10/22/2020

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 10/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,713

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 50x100
  • Fenced
  • Corner Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,713

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Also Includes: Partially Furnished
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Tile, W/W Carpet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Master Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 30, 2020
Sold by
Mcgarvey Francis J and Mcgarvey Edna May
Bought by
Panichelli Anthony Michael and Panichelli Laurie Ann
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$679,900
Sold Price
$650,000
Premium/Discount to List
-$29,900
-4.4%
Current Estimated Value
$1,333,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,126
Avg. Annual Appreciation
16.03%
Original Mortgage
$485,000
Outstanding Balance
$432,788
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$900,338

Purchase Details

Closed on
Aug 27, 2004
Sold by
Krapf Dallas L and Krapf Diane J
Bought by
Mcgarvey Francis J and Mcgarvey Edna May

Purchase Details

Closed on
Aug 3, 1990
Sold by
Bomba John L and Bomba Thelma B
Bought by
Krapf Dallas L and Krapf Diane J
Source: Public Records

Range of Values:

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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
Panichelli Anthony Michael $650,000 Freedom Title
Mcgarvey Francis J $525,000 --
Krapf Dallas L $171,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panichelli Anthony Michael $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $650,000 -4.4% $499 / Sq Ft
12/16/2020 12/16/20 For Sale $679,900 0.0% $522 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $679,900 -- $522 / 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 $9,713 $865,700 $295,000 $570,700
2024 $9,713 $865,700 $295,000 $570,700
2023 $9,272 $865,700 $295,000 $570,700
2022 $4,343 $422,100 $295,000 $127,100
2021 $4,082 $422,100 $295,000 $127,100
2020 $4,128 $422,100 $295,000 $127,100
2019 $4,082 $422,100 $295,000 $127,100
2018 $4,044 $422,100 $295,000 $127,100
2017 $3,980 $422,100 $295,000 $127,100
2016 $3,828 $422,100 $295,000 $127,100
2015 $3,778 $422,100 $295,000 $127,100
2014 $3,723 $422,100 $295,000 $127,100
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2020

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    151 in this area

    490 Total Sales

    Jeff Quintin
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543808

South Jersey Shore Regional MLS

APN: 08-02907-0000-00001

New Jersey Cape May County Ocean City 08226

2912 Bayland Dr, Ocean City, NJ

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