NOT LISTED FOR SALE

309 E 17th St Ocean City, NJ 08226

Estimated Value: $1,282,000 - $1,687,000

3 Beds
2.5 Baths
1,120 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,075,000 $960 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,609/month

48 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Corner Lot
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of January 2024

Incredible single family home for the price of a condo! Desirable location, close to everything Ocean City has to offer! This custom built, french inspired home features 3 bedrooms, 2.5 bathrooms, ELEVATOR, upgraded kitchen with 42" cabinets, quartz counters, custom tiled bathrooms, multiple decks, high ceilings on every floor, hardwood flooring, plenty of storage, off-street parking and a small rear yard. This property is in a great location just off Asbury Avenue close to the Community Center, library, ball fields, boardwalk and only 2 short blocks to some of the islands most desired beaches. Call today for your private tour!

Last Agent to Sell the Property

Patrick Davish

Keller Williams Realty Jersey Shore-Ocean City Listed on: 10/05/2023

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

STEPHEN ROBINSON

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 25'x70'
  • Corner Lot

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Storage
  • Storage In Attic
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Tile, W/W Carpet, Wood
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Smoke/Fire Alarm, Storage
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Finished
  • Other Rooms: Dining Area, Great Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Sidewalks
  • Siding Exterior: Stucco, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Carport

Utilities

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

Lot Info

  • Location: Boardwalk Area, Corner
  • Lot Dimensions: 25'x70'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 19, 2024
Sold by
Mcelhinney Elinore E
Bought by
Muhic Peter A and Muhic Dana M
Seller's Agent
Patrick Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
STEPHEN ROBINSON
Keller Williams Realty Jersey Shore-Ocean City
List Price
$1,229,000
Sold Price
$1,075,000
Premium/Discount to List
-$154,000
-12.53%
Views
94
Current Estimated Value
$1,482,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,901
Avg. Annual Appreciation
14.19%
Original Mortgage
$860,000
Outstanding Balance
$845,092
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$547,411

Purchase Details

Closed on
Jun 15, 2021
Sold by
Cotilla Edward
Bought by
Mcelhinney Elinore E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,925
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2017
Sold by
Mcelhinney Michael Brandon and Mcelhinney Elinore E
Bought by
Cotilla Edward

Purchase Details

Closed on
May 30, 2002
Sold by
Pasternak Gary E
Bought by
Mcelhinney Michael Brandon and Mcelhinney Elinore E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 28, 2002
Sold by
Compari David J
Bought by
Pasternak Gary E and Pasternak Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
7.13%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Edith Mcgrath Estate
Bought by
Compari David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.26%
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
Muhic Peter A $1,075,000 Surety Title
Muhic Peter A $1,075,000 Surety Title
Mcelhinney Elinore E -- None Available
Cotilla Edward -- None Available
Mcelhinney Michael Brandon $240,000 --
Pasternak Gary E $201,000 --
Compari David J $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhic Peter A $860,000
Previous Owner Mcelhinney Elinore E $41,925
Previous Owner Mcelhinney Michael Brandon $192,000
Previous Owner Pasternak Gary E $160,800
Previous Owner Compari David J $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $1,075,000 -12.5% $960 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $1,229,000 -- $1,097 / 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 $10,358 $923,200 $367,600 $555,600
2024 $10,358 $923,200 $367,600 $555,600
2023 $9,887 $923,200 $367,600 $555,600
2022 $9,500 $923,200 $367,600 $555,600
2021 $9,278 $923,200 $367,600 $555,600
2020 $9,029 $923,200 $367,600 $555,600
2019 $8,927 $923,200 $367,600 $555,600
2018 $3,522 $367,600 $367,600 $0
2017 $3,681 $390,400 $367,600 $22,800
2016 $3,541 $390,400 $367,600 $22,800
2015 $3,494 $390,400 $367,600 $22,800
2014 $3,675 $390,400 $367,600 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 578448

South Jersey Shore Regional MLS

APN: 08-01604-0000-00031