NOT LISTED FOR SALE

2921 Bay Ave Ocean City, NJ 08226

Estimated Value: $1,306,000 - $1,414,000

4 Beds
2.5 Baths
2,056 Sq Ft
$663/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $590,000 $287 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $7,731/month

15 Days on Market

Highlights

  • Cathedral Ceiling
  • Furnished
  • 1 Car Attached Garage
  • Ocean City Primary School Rated A
  • Enclosed Patio or Porch
  • Eat-In Kitchen

About This Home

As of May 2016

Spacious 1,912 square foot single family home in Ocean City... Home features: 4 Bedrooms, 2/5 baths, 2 zone gas hot water baseboard, Central air, wall to wall carpet, gas log fireplace, eat in kitchen, formal living and dining areas, screened in porch and front covered porch. 1 car attached garage, parking pad, outside shower and low maintenance yard. Call for more information

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 04/11/2016

Last Buyer's Agent

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 04/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 40 x 115

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,778

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Furnished
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Outside Shower, Paved Road, Porch, Porch Enclosed, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 X 115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 26, 2016
Sold by
Longo August A and Longo Margaret A
Bought by
Kelly William P and Kelly Diane M
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
$1,362,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,309
Avg. Annual Appreciation
9.29%
Original Mortgage
$50,000
Outstanding Balance
$21,687
Interest Rate
2.81%
Mortgage Type
New Conventional
Estimated Equity
$1,340,622

Purchase Details

Closed on
Apr 8, 1998
Sold by
Stoeco Development Ltd
Bought by
Longo August A and Longo Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.98%
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
Kelly William P $590,000 None Available
Longo August A $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly William P $50,000
Previous Owner Longo August A $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $590,000 0.0% $287 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $590,000 -- $287 / 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 $6,778 $604,100 $284,100 $320,000
2024 $6,778 $604,100 $284,100 $320,000
2023 $6,470 $604,100 $284,100 $320,000
2022 $6,216 $604,100 $284,100 $320,000
2021 $4,507 $604,100 $284,100 $320,000
2020 $5,908 $604,100 $284,100 $320,000
2019 $5,842 $604,100 $284,100 $320,000
2018 $5,787 $604,100 $284,100 $320,000
2017 $5,697 $604,100 $284,100 $320,000
2016 $5,479 $604,100 $284,100 $320,000
2015 $5,407 $604,100 $284,100 $320,000
2014 $5,328 $604,100 $284,100 $320,000
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2016

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    105 in this area

    116 Total Sales

    RONALD C GIFFORD JR.
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 466240

South Jersey Shore Regional MLS

APN: 08-02906-0000-00007

New Jersey Cape May County Ocean City 08226

2921 Bay Ave, Ocean City, NJ

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