NOT LISTED FOR SALE

312 Gull Rd Ocean City, NJ 08226

Estimated Value: $2,876,000 - $4,317,000

5 Beds
5.5 Baths
2,479 Sq Ft
$1,398/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $1,900,000 $766 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $19,889/month

Highlights

  • Deck
  • 1 Fireplace
  • 2 Car Attached Garage
  • Ocean City Primary School Rated A
  • No HOA
  • Living Room

About This Home

As of January 2017

Stunning Gardens Single Family Home with OCEAN VIEWS! Artfully Constructed, This Single Family Home Boasts 5 Bedrooms, 5.5 Bathrooms! Amenities Include, Hardwood Flooring, Custom Tiled Bathrooms, Gourmet Kitchen with Granite Countertops, Upgraded Cabinetry and Large Center Island with Ample Seating. The Master Suite Features a Walk In Closet, Large Master Bath, and Private Deck. The Exterior Features a Two Car Garage, Parking Pad, Rear Yard, Outside Shower, and Multiple Decks with Incredible Ocean Views!

Last Agent to Sell the Property

Dorothy Phillips

(609) 398-9100 dorothy@dorothyandcompany.com BHHS Fox & Roach-109 34th St Ocean City License #TREND:60038711 Listed on: 11/20/2016

BHHS Fox & Roach-109 34th St Ocean City

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,748

Year Built

  • Built in 2012

Lot Details

  • 4,550 Sq Ft Lot
  • Lot Dimensions are 50x91

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,479 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 08-00070 33-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,748

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2479
  • Living Area Sq Ft: 2479
  • Net Sq Ft: 2479.00
  • Price Per Sq Ft: 804.76
  • Above Grade Finished Sq Ft: 2479
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 312

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 50X91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4550.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13748.00
  • Assessor Parcel Number: 08-00070 33-00026
  • Tax Lot: 00026
  • Tax Year: 2016
  • Close Date: 01/30/2017

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2016
Closed on
Jan 30, 2017
Sold by
Armstrong Marc J and Armstrong Bernadette
Bought by
Sullivan Brian J and Sullivan Nancy
Seller's Agent
Dorothy Phillips
BHHS Fox & Roach-109 34th St Ocean City
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Current Estimated Value
$3,465,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,565,423
Avg. Annual Appreciation
7.16%
Original Mortgage
$900,000
Outstanding Balance
$721,572
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,743,851

Purchase Details

Closed on
Mar 23, 2007
Sold by
Soft Beach Ventures Llc
Bought by
Armstrong Marc J and Armstrong Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2006
Sold by
Pitfield David K
Bought by
Soft Beach Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Oxenham Helen W
Bought by
Pitfield David K and Soft Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,766,250
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Sullivan Brian J $1,900,000 The Title Company Of Jersey
Armstrong Marc J $1,350,000 Shore Title Agency Inc
Soft Beach Ventures Llc -- Ocean City Title Agency
Pitfield David K $1,199,000 Ocean City Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Brian J $900,000
Previous Owner Armstrong Marc J $1,000,000
Previous Owner Soft Beach Ventures Llc $1,875,000
Previous Owner Pitfield David K $1,766,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2017 01/30/17 Sold $1,900,000 -4.8% $766 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/20/2016 11/20/16 For Sale $1,995,000 -- $805 / Sq Ft
Source: Bright 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 $17,323 $1,543,900 $774,600 $769,300
2024 $17,323 $1,543,900 $774,600 $769,300
2023 $16,535 $1,543,900 $774,600 $769,300
2022 $15,887 $1,543,900 $774,600 $769,300
2021 $11,518 $1,543,900 $774,600 $769,300
2020 $15,099 $1,543,900 $774,600 $769,300
2019 $14,930 $1,543,900 $774,600 $769,300
2018 $14,521 $1,515,800 $774,600 $741,200
2017 $14,294 $1,515,800 $774,600 $741,200
2016 $13,748 $1,515,800 $774,600 $741,200
2015 $13,566 $1,515,800 $774,600 $741,200
2014 $13,390 $1,518,100 $873,600 $644,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dorothy Phillips

    BHHS Fox & Roach

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Map

Source: Bright MLS

MLS Number: 1002490620

Bright MLS

APN: 08-00070-33-00026

New Jersey Cape May County Ocean City 08226

312 Gull Rd, Ocean City, NJ

This home is located at 312 Gull Rd, Ocean City, NJ 08226 since 20 November 2016 and is currently estimated at $3,465,423, approximately $1,397 per square foot. This property was built in 2012. 312 Gull 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.

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