NOT LISTED FOR SALE

3313-15 Bay Ave Unit 7 Ocean City, NJ 08226

Estimated Value: $242,000 - $334,000

2 Beds
1 Bath
-- Sq Ft
1.04 Acres

Last Sold August 06, 2021

Last sale price $189,000

Est. 53% increase in value since last sale

Current estimated payment $1,627/month

Highlights

  • Ground Level Unit
  • Central Air
  • 3-minute walk to Sand Castle Park
  • Ocean City Primary School Rated A
  • Ceiling Fan

About This Home

As of August 2021

An excellent buy for someone looking for an entry level investment or you can occupy throughout the year. This is your very own sand castle by the sea! Just a short walk to the shops and restaurants at the 34th street location. It is pet friendly for the family that has the 4 legged family member. There is a laundry room on site, storage and parking so you can just park your vehicle and have a short walk to the beach or shopping. The taxes and association fee isn't a large periodic amount. Contact agent for details.

Last Agent to Sell the Property

George Cash

BERGER REALTY-Main Listed on: 04/14/2021

Last Buyer's Agent

Kevin Segich

Compass New Jersey-Ocean City (O463H)

Compass New Jersey-Ocean City (O463H)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1960

Lot Details

  • 1.04

Parking

  • 2 Parking Spaces

Home Design

  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,121

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Curtains
  • Lvt Date: 04/15/2021
  • Year Built: 1960
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Concrete

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 13, 2021
Sold by
Diane Adams
Bought by
Wheeldon Gregory I and Wheeldon Erin M
Seller's Agent
George Cash
BERGER REALTY-Main
Buyer's Agent
Kevin Segich
Compass New Jersey-Ocean City (O463H)
List Price
$249,999
Sold Price
$189,000
Premium/Discount to List
-$60,999
-24.4%
Current Estimated Value
$288,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,270
Avg. Annual Appreciation
10.63%
Original Mortgage
$151,200
Outstanding Balance
$137,191
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,079

Purchase Details

Listed on
Apr 30, 2014
Closed on
Oct 29, 2014
Sold by
Mcdevitt Robert and Mcdevitt Gina
Bought by
Jensen Keith J and Jensen Daneene M
Seller's Agent
Donna Ang
FOX REAL ESTATE-Brighton
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$111,200
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2011
Sold by
Harper Jim and Harper Wendy
Bought by
Mcdevitt Robert and Mcdevitt Gina

Purchase Details

Closed on
May 25, 1990
Sold by
Bate John G
Bought by
Elefante Michael F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wheeldon Gregory I $189,000 None Listed On Document
Jensen Keith J $139,000 None Available
Mcdevitt Robert $90,000 The Title Company Of Jersey
Elefante Michael F $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeldon Gregory I $151,200
Previous Owner Jensen Keith J $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $189,000 -17.8% --
05/06/2021 05/06/21 Price Changed $230,000 -8.0% --
04/16/2021 04/16/21 For Sale $249,999 +32.3% --
04/16/2021 04/16/21 Off Market $189,000 -- --
04/14/2021 04/14/21 Pending -- -- --
06/24/2020 06/24/20 Sold $169,900 0.0% -- View Prior Sale
05/25/2020 05/25/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $169,900 +22.2% --
10/29/2014 10/29/14 Sold $139,000 0.0% -- View Prior Sale
08/23/2014 08/23/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $139,000 -- --
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 $1,121 $99,900 $45,200 $54,700
2024 $1,121 $99,900 $45,200 $54,700
2023 $1,070 $99,900 $45,200 $54,700
2022 $1,028 $99,900 $45,200 $54,700
2021 $642 $86,000 $45,200 $40,800
2020 $841 $86,000 $45,200 $40,800
2019 $832 $86,000 $45,200 $40,800
2018 $824 $86,000 $45,200 $40,800
2017 $811 $86,000 $45,200 $40,800
2016 $780 $86,000 $45,200 $40,800
2015 $770 $86,000 $45,200 $40,800
2014 -- $86,000 $45,200 $40,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    George Cash

    BERGER REALTY-Main

    (609) 231-3586

    19 in this area

    21 Total Sales

    George Cash
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Segich

    Compass New Jersey-Ocean City (O463H)

    (609) 233-1623

    11 in this area

    17 Total Sales

    Kevin Segich
    Section Image
  • Donna Ang

    Seller's Agent in 2020

    Donna Ang

    FOX REAL ESTATE-Brighton

    (609) 703-8970

    56 in this area

    74 Total Sales

    Donna Ang
    Section Image

  • A

    Buyer's Agent in 2014

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 549485

South Jersey Shore Regional MLS

APN: 08-03306-0000-00001-0000-C7

New Jersey Cape May County Ocean City 08226

3313-15 Bay Ave Unit 7, Ocean City, NJ

This home is located at 3313-15 Bay Ave Unit 7, Ocean City, NJ 08226 since 14 April 2021 and is currently estimated at $288,270. This property was built in 1960. 3313-15 Bay Ave Unit 7 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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