NOT LISTED FOR SALE

Estimated Value: $195,000 - $218,000

1 Bed
1.5 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $155,000

Est. 33% increase in value since last sale

Current estimated payment $1,408/month

244 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Ground Level Unit
  • Clubhouse
  • Sauna
  • Community Pool

About This Home

As of March 2023

So, the rugs aren't great, but buy me some new flooring and a little touch up, and I am looking GOOD!! Psst..I got a brand new washer and dyer... Just remember this is one and only iconic OCEAN CLUB, on the BOARDWALK. Lay back and relax in your 1 bedroom, 1.5 baths oasis. Ocean breezes and pool views from your private balcony. You are right on the beach, ride the waves or jump in our pool... Check out the exercise room, or play little tennis....If need some extra action, the casinos, dining, and shopping are all right around the corner. The famous Atlantic City Boardwalk awaits you for your morning jog, bike or ocean breeze evening stroll. You can't miss at the Ocean Club

Last Agent to Sell the Property

Kenneth Robinson

BHHS FOX and ROACH-Margate Listed on: 05/13/2022

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Kenneth Robinson

BHHS FOX and ROACH-Margate Listed on: 05/13/2022

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,894

Lot Details

  • 871

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Drapes & Rods
  • Entrance Foyer
  • Dining Area
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Ocean Club 2 Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,894

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Curtains, Drapes, Rugs
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Pantry
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Elevator, Patio, Pool, Sauna, Security, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Garage: One Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Foyer, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Mar 20, 2023
Sold by
Rovner Daniel
Bought by
4 Cs Lakefront Lodging Llc
Seller's Agent
Kenneth Robinson
BHHS FOX and ROACH-Margate
Buyer's Agent
Kenneth Robinson
BHHS FOX and ROACH-Margate
List Price
$169,990
Sold Price
$155,000
Premium/Discount to List
-$14,990
-8.82%
Views
78
Current Estimated Value
$205,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,486
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Hsu Ruth
Bought by
Valumax Investment Inc
Source: Public Records

Range of Values:

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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
4 Cs Lakefront Lodging Llc $155,000 Trident Land Transfer
Valumax Investment Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $155,000 -8.8% --
03/10/2023 03/10/23 For Sale $169,990 0.0% --
01/12/2023 01/12/23 Pending -- -- --
01/10/2023 01/10/23 Pending -- -- --
05/13/2022 05/13/22 For Sale $169,990 +54.5% --
07/30/2013 07/30/13 Sold $110,000 0.0% -- View Prior Sale
07/01/2013 07/01/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $110,000 -- --
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 $3,894 $112,800 $50,000 $62,800
2024 $3,894 $112,800 $50,000 $62,800
2023 $4,260 $112,800 $50,000 $62,800
2022 $4,260 $112,800 $50,000 $62,800
2021 $4,400 $112,800 $50,000 $62,800
2020 $4,438 $112,800 $50,000 $62,800
2019 $3,586 $90,000 $45,000 $45,000
2018 $3,356 $95,000 $47,500 $47,500
2017 $3,763 $110,000 $55,000 $55,000
2016 $4,246 $110,000 $55,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 562937

South Jersey Shore Regional MLS

APN: 02-00028-0000-00001-02-C0602