NOT LISTED FOR SALE

300 Ocean Ave Unit A-1 Ocean City, NJ 08226

Estimated Value: $967,000

3 Beds
2 Baths
-- Sq Ft
0.93 Acres

Last Sold September 30, 2016

Last sale price $240,000

Est. 303% increase in value since last sale

Current estimated payment $6,114/month

26 Days on Market

Highlights

  • Community Pool
  • Elevator
  • Ceiling Fan
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • 2-minute walk to Lake Memorial Park

About This Home

As of September 2016

"Ocean Court" is Ocean City's only true "Co-Op". This is not a "real estate" purchase per se.....you are buying into a Co-Op, which means you own a piece of the entire building (a share of stock into the Corporation) with exclusive rights of usage to A-20. Buyer must pay cash (you can't mortgage this). Monthly fee of $860 includes EVERYTHING except TV cable & phone. Included is the heat, hot water, taxes, insurance, and electric! No pets. No rentals. Gorgeous on site POOL! Very EZ to show!

Last Agent to Sell the Property

Jessee Briglia

Fox Real Estate-Ocean Listed on: 07/07/2016

Last Buyer's Agent

Sean McGinnis

BERGER REALTY-Main

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $61,846

Lot Details

  • 0.93

Parking

  • 1 Parking Space

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

Overview

  • Association fees include amenities, electric, insurance, management, maintenance, sewer, trash, taxes, water
  • Ocean Court Condos

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$61,846

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Co-Op
  • Lvt Date: 07/07/2016
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Common Area Features: Elevator, Laundromat On Site, Outside Shower, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Masonry/Block

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Management, Maintenance, Sewer, Trash, Taxes, Water
  • Condo Name: Ocean Court
  • Management: Association

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 1999
Sold by
The Development Estment
Bought by
Ciprich Theresa
Current Estimated Value
$967,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,300
Outstanding Balance
$30,775
Interest Rate
6.92%
Mortgage Type
Commercial
Estimated Equity
$936,226
Source: Public Records

Range of Values:

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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
Ciprich Theresa $133,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciprich Theresa $120,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $240,000 0.0% --
08/02/2016 08/02/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $240,000 -- --
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 $61,846 $5,623,500 $2,460,000 $3,163,500
2024 $61,846 $5,623,500 $2,460,000 $3,163,500
2023 $58,728 $5,623,500 $2,460,000 $3,163,500
2022 $56,116 $5,623,500 $2,460,000 $3,163,500
2021 $40,451 $5,623,500 $2,460,000 $3,163,500
2020 $52,998 $5,623,500 $2,460,000 $3,163,500
2019 $51,879 $5,623,500 $2,460,000 $3,163,500
2018 $51,373 $5,623,500 $2,460,000 $3,163,500
2017 $50,280 $5,623,500 $2,460,000 $3,163,500
2016 $48,005 $5,623,500 $2,460,000 $3,163,500
2015 $47,330 $5,623,500 $2,460,000 $3,163,500
2014 $46,599 $5,623,500 $2,460,000 $3,163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 470919

South Jersey Shore Regional MLS

APN: 08-00305-0000-00014