NOT LISTED FOR SALE

309 E Inlet Rd Ocean City, NJ 08226

Estimated Value: $3,073,000 - $4,004,947

Studio
-- Bath
3,746 Sq Ft
$937/Sq Ft Est. Value

About This Home

This home is located at 309 E Inlet Rd, Ocean City, NJ 08226 and is currently estimated at $3,511,487, approximately $937 per square foot. 309 E Inlet Rd 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2006
Sold by
Englesbe Gregory
Bought by
Banzhof Kenneth and Banzhof Maryanne
Current Estimated Value
$3,511,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Outstanding Balance
$787,489
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,723,998

Purchase Details

Closed on
Nov 14, 2004
Sold by
Molfetta Ld Llc
Bought by
Englesbe Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2004
Sold by
Hartman Robert and Hartman Concetta G
Bought by
Molfetta Ld Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 6, 2002
Sold by
Benham Alice
Bought by
Hartman Robert and Hartman Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.08%

Purchase Details

Closed on
Sep 15, 1993
Sold by
Powell William T
Bought by
Benham Alice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Banzhof Kenneth $1,920,000 Independence Abstract & Titl
Englesbe Gregory $775,000 Constitution Title Inc
Molfetta Ld Llc $775,000 --
Hartman Robert $500,000 --
Benham Alice $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banzhof Kenneth $1,325,000
Previous Owner Englesbe Gregory $1,425,000
Previous Owner Hartman Robert $388,000
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 $19,002 $1,693,600 $570,000 $1,123,600
2024 $18,138 $1,693,600 $570,000 $1,123,600
2023 $18,138 $1,693,600 $570,000 $1,123,600
2022 $17,427 $1,693,600 $570,000 $1,123,600
2021 $17,021 $1,693,600 $570,000 $1,123,600
2020 $16,563 $1,693,600 $570,000 $1,123,600
2019 $16,377 $1,693,600 $570,000 $1,123,600
2018 $16,225 $1,693,600 $570,000 $1,123,600
2017 $15,971 $1,693,600 $570,000 $1,123,600
2016 $15,361 $1,693,600 $570,000 $1,123,600
2015 $15,158 $1,693,600 $570,000 $1,123,600
2014 $14,938 $1,693,600 $570,000 $1,123,600
Source: Public Records

Map

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