NOT LISTED FOR SALE

3 E Edinburgh Rd Ocean City, NJ 08226

Estimated Value: $2,731,000 - $4,703,000

6 Beds
6 Baths
2,118 Sq Ft
$1,897/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2021

Last sale price $2,618,863 $1,236 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $23,432 / mo

8 Days on Market

Highlights

  • Water Views
  • New Construction
  • Deck
  • Ocean City Primary School Rated A
  • In Ground Pool
  • Wood Flooring

About This Home

As of May 2021

Another masterpiece by Oasis! This 6 bedroom, 6 full bath home has it all. Imagine a 3-story home with an elevator that will stop at every floor, 2 luxurious master suites, inground heated pool, custom chef's kitchen, bedroom on first floor along with a full bath and an attached garage. The house features custom tile work, gorgeous hardwood flooring throughout, cabinetry and quartzite counter tops, wolf range, sub-zero refrigerator, custom trim and awesome fixtures that you won't see in most homes. On the second floor there is a luxurious master bedroom with 2 walk in closets and a full master bath. The 2nd floor also has 3 additional bedrooms, each with en-suite bathrooms. A spacious deck in the front of the 2nd floor and a back deck overlooking the pool. The 3rd floor is designed as a 2nd master suite with 3 decks, walk in closet and full bath. In the pool area you will find a swim up bar and barbecue area creating captivating outdoor living. Still time to customize, call us today!

Last Agent to Sell the Property

Alfi Naim

OASIS REALTY Listed on: 07/24/2020

Last Buyer's Agent

Kevin Decosta

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Lot Details

  • 4,835

Parking

  • 1 Car Attached Garage

Home Design

  • New Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Bar
  • Fireplace
  • Storage
  • Water Views
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Additional Features

  • Lot Dimensions are 52.74x93
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Lot Details

4,835 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • New Construction: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Built-In
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bar, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 6

Exterior Features

  • Outside Features: Deck, Outside Shower, Pool-In Ground, Porch Enclosed

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Water View
  • Lot Dimensions: 52.74x93
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
May 21, 2021
Sold by
3 E Edinburgh Llc
Bought by
Goodwin Peter and Celano-Goofwin Mary
Seller's Agent
Alfi Naim
OASIS REALTY
Buyer's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
List Price
$2,799,000
Sold Price
$2,618,863
Premium/Discount to List
-$180,137
-6.44%
Current Estimated Value
$4,017,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,398,917
Avg. Annual Appreciation
9.03%
Original Mortgage
$1,900,000
Outstanding Balance
$1,716,462
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,301,318

Purchase Details

Listed on
Jul 24, 2020
Closed on
May 17, 2021
Sold by
3 E Edinburgh Llc
Bought by
Goodwin Peter and Goodwin Mary Celano
Seller's Agent
Alfi Naim
OASIS REALTY
Buyer's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
List Price
$2,799,000
Sold Price
$2,618,863
Premium/Discount to List
-$180,137
-6.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,716,462
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,301,318

Purchase Details

Closed on
Jun 25, 2019
Sold by
Magee Clare M
Bought by
3 E Edinburgh Llc

Purchase Details

Closed on
Jul 1, 2004
Sold by
Cleaver Susan H
Bought by
Magee James J and Magee Clare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goodwin Peter $2,618,863 None Available
Goodwin Peter $2,618,863 None Available
Goodwin Peter $2,618,863 None Listed On Document
3 E Edinburgh Llc $850,000 --
Magee James J $775,000 Congress Title Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodwin Peter $1,900,000
Closed Goodwin Peter $1,900,000
Closed Goodwin Peter $1,900,000
Previous Owner Magee James J $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $2,618,863 -6.4% $1,236 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $2,799,000 -- $1,322 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $25,573 $2,279,200 $569,400 $1,709,800
2024 $25,573 $2,279,200 $569,400 $1,709,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alfi Naim

    OASIS REALTY

    (914) 426-7506

    1 in this area

    14 Total Sales

    Alfi Naim
    Section Image
  • Kevin Decosta

    Buyer's Agent in 2021

    Kevin Decosta

    BHHS Fox & Roach

    (609) 602-2627

    76 in this area

    84 Total Sales

    Kevin Decosta
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539658

South Jersey Shore Regional MLS

APN: 08-00070-59-00017

New Jersey Cape May County Ocean City 08226

3 E Edinburgh Rd, Ocean City, NJ

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