NOT LISTED FOR SALE

305 36th St Unit 1 Ocean City, NJ 08226

Estimated Value: $1,023,000 - $1,349,000

3 Beds
2 Baths
-- Sq Ft
4,966 Sq Ft Lot

Last Sold June 29, 2020

Last sale price $590,000

Est. 91% increase in value since last sale

Current estimated payment $6,442/month

21 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to 34th Street Park

About This Home

As of June 2020

This immaculate over sized 1st Floor condominium is almost 1400 sq. feet and situated on a huge 55' X 90' corner lot just 6 houses from the 36th Street beach. This meticulously maintained condominium offers new hardwood floors, granite counters & stainless steel appliances. The home features 3 spacious bedrooms, 2 full baths, a very spacious great room with large living area & gas log fireplace, comfortable dining area and fully equipped kitchen with center island. There is lots of out door living space with a large wrap around front porch off the great room to enjoy the ocean breeze and incredible sunsets. There is an additional side deck off 2 of the bedrooms with beach and ocean views. Other amenities include gas heat, central air, outside shower, private storage area and 3 to 4 off street parking spots. This condominium is offered furnished & equipped for immediate occupancy. Great rental potential with rentals booked for 2020. Enjoy this summer at your new beach home just steps to one of Ocean City's widest beaches.

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 04/28/2020

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Mark Grimes

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,750

Year Built

  • Built in 1996

Lot Details

  • 4,966

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Carpet
  • Burglar Security System

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Pad

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,750

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Fireplace Equipment, Partially Furnished, Shades
  • Lvt Date: 04/28/2020
  • Year Built: 1996
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars, Parking Pad, Carport

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 18, 2020
Sold by
Rancor Properties Llc
Bought by
Arena Edward J and Arena Barbara A
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$1,124,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,700
Avg. Annual Appreciation
13.00%
Original Mortgage
$472,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2019
Closed on
Jun 17, 2019
Sold by
Teresa Selisker Adam and Teresa Silisker
Bought by
Rancor Properties Llc
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$539,000
Sold Price
$524,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
Dec 11, 2007
Sold by
Eichert Sherry D and Eichert Edwin
Bought by
Selisker Adam and Selisker Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
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
Arena Edward J $590,000 None Available
Rancor Properties Llc $524,000 --
Selisker Adam $515,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arena Edward J $472,000
Previous Owner Selisker Adam $200,000
Previous Owner Selisker Adam $263,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2020 06/29/20 Sold $590,000 -1.5% --
05/19/2020 05/19/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $599,000 +14.3% --
06/17/2019 06/17/19 Sold $524,000 -2.8% -- View Prior Sale
06/06/2019 06/06/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $539,000 -- --
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 $5,750 $512,500 $298,600 $213,900
2024 $5,750 $512,500 $298,600 $213,900
2023 $5,489 $512,500 $298,600 $213,900
2022 $5,274 $512,500 $298,600 $213,900
2021 $3,801 $512,500 $298,600 $213,900
2020 $4,922 $503,300 $298,600 $204,700
2019 $4,867 $503,300 $298,600 $204,700
2018 $4,822 $503,300 $298,600 $204,700
2017 $4,746 $503,300 $298,600 $204,700
2016 $4,565 $503,300 $298,600 $204,700
2015 $4,505 $503,300 $298,600 $204,700
2014 $4,439 $503,300 $298,600 $204,700
Source: Public Records

Agents Affiliated with this Home

  • Burton Wilkins

    Seller's Agent in 2020

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    90 in this area

    186 Total Sales

    Burton Wilkins
    Section Image
  • Mark Grimes

    Buyer's Agent in 2020

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536397

South Jersey Shore Regional MLS

APN: 08-03503-0000-00001-0000-C1

New Jersey Cape May County Ocean City 08226

305 36th St Unit 1, Ocean City, NJ

This home is located at 305 36th St Unit 1, Ocean City, NJ 08226 since 28 April 2020 and is currently estimated at $1,124,700. This property was built in 1996. 305 36th St Unit 1 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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