NOT LISTED FOR SALE

325 Ocean Rd Ocean City, NJ 08226

Estimated Value: $2,366,000 - $4,324,000

5 Beds
4.5 Baths
1,849 Sq Ft
$1,825/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $3,050,000 $1,650 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $19,713/month

42 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of July 2023

This Beautiful Custom Gardens Home with beach views awaits you! Not to be confused with the standard great room / kitchen / dining room design...where you and your family find no place to escape. This home is designed for those that enjoy entertaing weekends and dinners with family and guests. The beautifully designed interior allows separate areas for everyones enjoyment. The First floor layout includes not only a traditional Living room with gas Fireplace, Dining room and Kithchen but also a alternate Master bedroom with Bath and Den to allow the option of first floor living or Guest suite. The second floor offers 3 bedrooms, two with a shared bath and a beautiful Master suite with walk in closet, cedar closet and master bath with whirlpool tub and shower. The views from the ajoining deck with hot tub complete the ambience and privacy needed to escape, when those times call. On the Third floor, we find another great room complete with Wet bar, and rear deck with spectacular views. In addition there is a workout room with included equiptment and a half bath... plus a bunk room for the kids and an office. All 3 floors are seviced by stairs and elevator. There is ample parking, a 1.5 car garage, outside shower and Cabana room with full wet bar and hidden Flat screen TV. Home also includes a Generac backup up generator system to protect your power in all conditions.

Last Agent to Sell the Property

Douglas Weiland

Compass New Jersey-Ocean City (O463H) Listed on: 05/01/2023

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

Matthew Bader

BERGER REALTY-Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,052

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50 x 102
  • Fenced
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Drapes & Rods
  • Dining Area
  • Den
  • Recreation Room
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Cedar Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1.5 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,052

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Curtains, Fireplace Equipment, Partially Furnished, Rugs
  • Lvt Date: 05/01/2023
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood
  • Interior Amenities: Bar, Cathedral Ceiling, Cedar Closet, Elevator, Kitchen Center Island, Security System, Storage
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Upper
  • Other Rooms: Den/Tv Room, Dining Area, In-Law Quarters, Laundry/Utility Room, Pantry, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Fenced Yard, Patio, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Brick, Stone, Vinyl

Garage/Parking

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

Utilities

  • Air Conditioner: Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 50 x 102
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 14, 2023
Sold by
Schock Charles J and Schock Kathleen T
Bought by
Mchale Thomas and Mchale Christine
Seller's Agent
Douglas Weiland
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
Matthew Bader
BERGER REALTY-Main
List Price
$3,289,000
Sold Price
$3,050,000
Premium/Discount to List
-$239,000
-7.27%
Views
99
Current Estimated Value
$3,374,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,011
Avg. Annual Appreciation
4.63%
Original Mortgage
$955,000
Outstanding Balance
$931,878
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$2,442,133

Purchase Details

Closed on
Aug 25, 2020
Sold by
Schock Charles and Schock John
Bought by
Sgouros Christopher

Purchase Details

Closed on
Jan 13, 2003
Sold by
Schock Charles J
Bought by
Schock Charles J and Schock Kathleen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Source: Public Records

Range of Values:

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
Mchale Thomas $3,050,000 Stewart Title
Mchale Thomas $3,050,000 Stewart Title
Sgouros Christopher $24,000 National Title
Schock Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchale Thomas $955,000
Closed Mchale Thomas $955,000
Previous Owner Schock Charles J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $3,050,000 -7.3% $1,650 / Sq Ft
05/01/2023 05/01/23 For Sale $3,289,000 -- $1,779 / 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 $21,052 $1,876,300 $800,300 $1,076,000
2024 $21,052 $1,876,300 $800,300 $1,076,000
2023 $19,355 $1,807,200 $800,300 $1,006,900
2022 $18,596 $1,807,200 $800,300 $1,006,900
2021 $13,482 $1,807,200 $800,300 $1,006,900
2020 $17,674 $1,807,200 $800,300 $1,006,900
2019 $17,476 $1,807,200 $800,300 $1,006,900
2018 $17,313 $1,807,200 $800,300 $1,006,900
2017 $17,042 $1,807,200 $800,300 $1,006,900
2016 $16,391 $1,807,200 $800,300 $1,006,900
2015 $16,174 $1,807,200 $800,300 $1,006,900
2014 $15,940 $1,807,200 $800,300 $1,006,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 573578

South Jersey Shore Regional MLS

APN: 08-00070-27-00009