NOT LISTED FOR SALE

3313-15 Bay Ave Unit 18 Ocean City, NJ 08226

Estimated Value: $233,000 - $361,050

2 Beds
1 Bath
-- Sq Ft
1.04 Acres

Last Sold November 26, 2019

Last sale price $115,000

Est. 158% increase in value since last sale

Current estimated payment $1,664/month

18 Days on Market

Highlights

  • Unit is on the top floor
  • End Unit
  • Community Pool
  • Ocean City Primary School Rated A
  • Pool View
  • 3-minute walk to Sand Castle Park

About This Home

As of November 2019

A great opportunity to finish a property to your liking awaits. Check out this end unit condo overlooking a pool in the desirable Seaspray Condominium. Conveniently located near markets, restaurants, ice cream, playground, etc. you can walk or bike to virtually everything. This unique layout provides a much larger and more versatile living area, and larger bedrooms that most of the units in the complex. Strong association, and tight community makes this property one of the islands best buys. Seller has done the following over the last month: New heat pump, air handler, duct work, and new hot water tank ordered and to be installed upon arrival. All framing complete as well. Note: the property is currently a shell, and will need to be finished by the new owner.

Last Agent to Sell the Property

John Moore

WEICHERT REALTORS ASBURY GROUP-OC Listed on: 08/30/2019

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

Stacey Burns

TIM KERR SOTHEBY'S INTL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,000

Lot Details

  • 1.04

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Pool Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, pool
  • Seaspray Condos

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 08/30/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Pool View, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Laundromat On Site, Pool, Storage Facility

Garage/Parking

  • Parking Exterior: One Car, Assigned, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Seaspray
  • Management: Association

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2017
Sold by
Fischer Ellen E and The Estate Of Gilbert Cohen
Bought by
Hillegass Elsita P
Current Estimated Value
$297,013

Purchase Details

Closed on
May 23, 2011
Sold by
Mcneill Robert F and Mcneill Donna M
Bought by
Cohen Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.85%
Mortgage Type
New Conventional
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
Hillegass Elsita P $65,000 None Available
Cohen Gilbert $125,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Gilbert $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $115,000 -4.1% --
09/17/2019 09/17/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $119,900 -- --
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 $1,000 $89,100 $45,300 $43,800
2024 $1,000 $89,100 $45,300 $43,800
2023 $954 $89,100 $45,300 $43,800
2022 $917 $89,100 $45,300 $43,800
2021 $895 $89,100 $45,300 $43,800
2020 $871 $89,100 $45,300 $43,800
2019 $862 $89,100 $45,300 $43,800
2018 $854 $89,100 $45,300 $43,800
2017 $840 $89,100 $45,300 $43,800
2016 $808 $89,100 $45,300 $43,800
2015 $797 $89,100 $45,300 $43,800
2014 $786 $89,100 $45,300 $43,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 527246

South Jersey Shore Regional MLS

APN: 08-03306-0000-00001-0000-C18