NOT LISTED FOR SALE

Estimated Value: $2,925,636

5 Beds
2.5 Baths
-- Sq Ft
5,706 Sq Ft Lot

Sale Details

Date Sold: September 16, 2024

Last sale price $2,552,000

Est. 15% increase in value since last sale

Current estimated payment $16,975 / mo

18 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Den
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Porch

About This Home

As of September 2024

Welcome to 315 East Inlet Road, nestled in the desired Gardens neighborhood of Ocean City, NJ. This exquisite two-story beach home, just one block from the North beaches, offers the ultimate coastal living experience. Enjoy the convenience of being steps away from the beach and boardwalk, perfect for seaside strolls and oceanfront relaxation.This expansive 3,135 sq. ft. home boasts five bedrooms and three bathrooms, providing ample space for family living and entertaining guests. Modern Renovations: Completely renovated with new windows and mechanical systems replaced in 2019, ensuring modern comfort and energy efficiency. Outdoor Oasis: Unwind in your private in-ground gunite pool featuring a built-in hot tub and sunshelf, creating a perfect retreat for leisure and entertainment. Entertainer's Dream: Designed with entertaining in mind, this home offers generous living areas and outdoor spaces ideal for hosting gatherings and creating lasting memories.Experience the blend of classic charm and modern luxury in this beautifully renovated coastal home. Don't miss the opportunity to make 315 East Inlet Road your own seaside sanctuary. Schedule a private showing today and discover the allure of coastal living in Ocean City, NJ.

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 06/10/2024

Compass New Jersey-Ocean City (O463E)

Co-Listed By

GLENN RICHARD EDGINTON

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 06/10/2024

Compass New Jersey-Ocean City (O463E)
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 52' x 110'
  • Building is beachfront but unit may not have water views
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Gardens Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

5,706 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Vinyl Plank
  • Interior Amenities: Bar, Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Paved Road, Pool-In Ground, Porch, Sidewalks, Sprinkler System, Whirlpool/Spa, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 52' X 110'
  • Lot Size: Less Than One Acre

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 28, 2024
Sold by
Bought by
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$2,995,000
Sold Price
$2,552,000
Premium/Discount to List
-$443,000
-14.79%
Views
30
Current Estimated Value
$2,925,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,636
Avg. Annual Appreciation
7.54%
Original Mortgage
$1,000,000
Outstanding Balance
$974,725
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,950,911

Purchase Details

Listed on
Mar 1, 2015
Closed on
Jul 13, 2015
Sold by
Bought by
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$550,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1990
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,552,000 Surety Title
$1,075,000 Surety Title Company
$300,000 --
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Previous Owner $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $2,552,000 -1.8% --
06/28/2024 06/28/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $2,599,000 -13.2% --
06/10/2024 06/10/24 For Sale $2,995,000 +178.6% --
07/31/2015 07/31/15 Sold $1,075,000 0.0% -- View Prior Sale
06/16/2015 06/16/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $1,075,000 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,111 $990,300 $587,500 $402,800
2025 $11,111 $990,300 $587,500 $402,800
2024 $11,111 $990,300 $587,500 $402,800
2023 $10,606 $990,300 $587,500 $402,800
2022 $10,190 $990,300 $587,500 $402,800
2021 $7,388 $990,300 $587,500 $402,800
2020 $9,685 $990,300 $587,500 $402,800
2019 $9,576 $990,300 $587,500 $402,800
2018 $9,487 $990,300 $587,500 $402,800
2017 $9,339 $990,300 $587,500 $402,800
2016 $8,982 $990,300 $587,500 $402,800
2015 $8,878 $991,900 $661,400 $330,500
2014 $8,749 $991,900 $661,400 $330,500
Source: Public Records

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586132

South Jersey Shore Regional MLS

APN: 08 00070- 24-00007- 01

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