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
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
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Home Values in the Area
Average Home Value in this Area
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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