NOT LISTED FOR SALE

Estimated Value: $248,000 - $277,000

1 Bed
2 Baths
-- Sq Ft
1,002 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $225,000

Est. 15% increase in value since last sale

Current estimated payment $1,839/month

82 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • The property is located in a historic district
  • Sauna
  • Community Pool

About This Home

As of May 2023

Corner Freeport model with 2 balconies. Unmatchable views of the city, bay, ocean and sunsets. Entrance foyer w closet, tile floor and newer HVAC. Remodeled kitchen with tile floors/ granite counter tops, newer refrigerator, washer / dryer, dishwasher. Kitchen nook area use for office or kitchen table, Dinning / Living area / Bedroom have rugs. Comes fully furnished with 2 sofa beds in the living area. 2 Full remodeled baths rooms with tile floors. Secure building with pool, gym, 6th floor lounge with WIFI, concierge and front desk staff. 3 level secure parking garage F One time fee of $ 500 for the first car and $300 annually for additional car. Ready to move in just pack you bags and come watch the magnificent sunsets.

Last Agent to Sell the Property

DEBORAH GEGECKAS

OCEAN CLUB REALTY Listed on: 01/07/2023

Last Buyer's Agent

Gennifer Reiff

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • 1,002

Home Design

  • Concrete Siding
  • Steel Siding

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Cable TV Available

Additional Features

  • Deck
  • Ocean Front
  • The property is located in a historic district

Community Details

Overview

  • Association fees include amenities, management, sewer, trash, water, hot water, pool
  • Ocean Club 1 Condos
  • 11-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 2
  • Other Rooms: Breakfast Nook, Dining Area
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Outside Shower, Pool, Sauna, Security, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Concrete, Dryvit, Masonry/Block, Steel

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Management, Sewer, Trash, Water, Hot Water, Pool
  • Condo Name: Ocean Club 1
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Boardwalk Front, Historical District, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: Yes, Yes W/Restrictions

Multi Family

  • Unit Features: Foyer, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
May 8, 2023
Sold by
Credidio Gerard L and Credidio Margaret F
Bought by
Sabella Dennis and Herrmann Linda
Seller's Agent
DEBORAH GEGECKAS
OCEAN CLUB REALTY
Buyer's Agent
Gennifer Reiff
BHHS FOX and ROACH-Margate
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Views
130
Current Estimated Value
$259,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,776
Avg. Annual Appreciation
5.80%
Original Mortgage
$125,000
Outstanding Balance
$121,550
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$138,226
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sabella Dennis $225,000 Trident Land Transfer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabella Dennis $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2023 05/22/23 Sold $225,000 -8.2% --
03/30/2023 03/30/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $245,000 +19.5% --
07/26/2013 07/26/13 Sold $205,000 0.0% -- View Prior Sale
06/06/2013 06/06/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $205,000 -- --
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 $5,658 $163,900 $65,000 $98,900
2024 $5,658 $163,900 $65,000 $98,900
2023 $6,191 $163,900 $65,000 $98,900
2022 $6,191 $163,900 $65,000 $98,900
2021 $6,394 $163,900 $65,000 $98,900
2020 $6,448 $163,900 $65,000 $98,900
2019 $5,219 $131,000 $65,500 $65,500
2018 $4,628 $131,000 $65,500 $65,500
2017 $7,081 $207,000 $103,500 $103,500
2016 $7,990 $207,000 $103,500 $103,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 570022

South Jersey Shore Regional MLS

APN: 02-00028-0000-00001-01-C2104