NOT LISTED FOR SALE

Estimated Value: $266,150 - $306,000

1 Bed
1.5 Baths
978 Sq Ft
1,002 Sq Ft Lot

Last Sold June 21, 2023

Last sale price $240,000 $245 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,102/month

49 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Main Floor Primary Bedroom
  • Building is beachfront but unit may not have water views
  • Deck
  • Sauna

About This Home

As of June 2023

Fabulous "Freeport" model one bedroom in Tower 2 facing north towards the City and Marina casinos. This unit is being sold mostly furnished and will be a turn key unit ready for the summer of 2023. Tile floor throughout with newer appliances and ceiling fans, plenty of storage in the bedroom, and a walk in shower in the primary bathroom. The dual exposure in these corner units makes the city and bay vistas really pop. Amazing apartment at a reasonable price based on recent sales. Don't miss this opportunity to get your summer get-a-way all set up for Memorial Day 2023! It is right around the corner.

Last Agent to Sell the Property

Scott Sandlin

BOARDWALK REALTY Listed on: 03/04/2023

Last Buyer's Agent

Scott Sandlin

BOARDWALK REALTY Listed on: 03/04/2023

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • 1,002

Parking

  • 1 Car Garage

Interior Spaces

  • Furnished
  • Blinds
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Overview

  • Association fees include amenities, sewer, trash, water, hot water, pool
  • Ocean Club 2 Condos
  • 11-Story Property

Amenities

  • Community Deck or Porch
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Year Built: 1985
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Primary Br On 1st Floor
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Outside Shower, Pool, Sauna, Whirlpool/Spa

Garage/Parking

  • Garage: One Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Sewer, Trash, Water, Hot Water, Pool
  • Condo Name: Ocean Club 2
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Jun 21, 2023
Sold by
Patryn Francis and Dolgae Claire E
Bought by
Coholan Thomas
Seller's Agent
Scott Sandlin
BOARDWALK REALTY
Buyer's Agent
Scott Sandlin
BOARDWALK REALTY
List Price
$244,000
Sold Price
$240,000
Premium/Discount to List
-$4,000
-1.64%
Views
54
Current Estimated Value
$292,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,038
Avg. Annual Appreciation
8.27%
Original Mortgage
$29,000
Outstanding Balance
$28,280
Interest Rate
6.57%
Estimated Equity
$263,759
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coholan Thomas $240,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coholan Thomas $29,000
Open Coholan Thomas $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $240,000 -1.6% $245 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $244,000 0.0% $249 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $244,000 +62.7% $249 / Sq Ft
02/27/2015 02/27/15 Sold $150,000 0.0% $153 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $150,000 -26.8% $153 / Sq Ft
03/15/2013 03/15/13 Sold $205,000 0.0% $210 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
07/22/2012 07/22/12 For Sale $205,000 -- $210 / 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 $6,787 $196,600 $75,000 $121,600
2024 $6,787 $196,600 $75,000 $121,600
2023 $7,426 $196,600 $75,000 $121,600
2022 $7,426 $196,600 $75,000 $121,600
2021 $7,669 $196,600 $75,000 $121,600
2020 $7,734 $196,600 $75,000 $121,600
2019 $4,980 $125,000 $62,500 $62,500
2018 $5,829 $165,000 $82,500 $82,500
2017 $5,645 $165,000 $82,500 $82,500
2016 $6,369 $165,000 $82,500 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571823

South Jersey Shore Regional MLS

APN: 02-00028-0000-00001-02-C1514