NOT LISTED FOR SALE

341 E Inlet Rd Ocean City, NJ 08226

Estimated Value: $1,901,000 - $2,123,097

3 Beds
1.5 Baths
-- Sq Ft
6,578 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $1,770,000

Est. 14% increase in value since last sale

Current estimated payment $11,238/month

2 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Main Floor Bedroom
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2023

Welcome to this classic Gardens single family cottage. Located steps from the Seaspray Rd beach. This cottage features 3 bedrooms and 1.5 bathrooms, a family room with fireplace, living room, dining room, breakfast nook,kitchen and hardwood flooring in most rooms. Two bedrooms and one full bathroom are located upstairs. The large primary bedroom has a private deck to catch the ocean breezes. The detached garage has been converted to an additional living space for your enjoyment. All of this is located on a large 45x137 irregular lot. Restore this cottage or tear down to build your Gardens dream home.

Last Agent to Sell the Property

Patricia Gallo

MONIHAN REALTY-A Listed on: 08/27/2023

Last Buyer's Agent

Patricia Gallo

MONIHAN REALTY-A Listed on: 08/27/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 6,578

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Storage
  • Crawl Space
  • Storage In Attic
  • Home Security System
  • Breakfast Area or Nook

Flooring

  • Wood
  • Wood Under Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed

Additional Features

  • Lot Dimensions are 45x137
  • Baseboard Heating

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

6,578 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Family Room
  • Flooring: Hardwood, Tile, Vinyl, W/W Over Hardwood
  • Interior Amenities: Security System, Storage
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 2 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: Breakfast Nook, Dining Room, Great Room, Storage Attic

Exterior Features

  • Outside Features: Deck, Needs Work, Outside Shower, Patio, Shed, Sidewalks
  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 45x137
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Lee Michael and Lee Laetitia
Bought by
Lee Michael and Lee Laetitia
Current Estimated Value
$2,012,049

Purchase Details

Listed on
Aug 27, 2023
Closed on
Oct 6, 2023
Sold by
Bennett Richard D
Bought by
Martin-Prince Llc
Seller's Agent
Patricia Gallo
MONIHAN REALTY-A
Buyer's Agent
Patricia Gallo
MONIHAN REALTY-A
List Price
$1,699,000
Sold Price
$1,770,000
Premium/Discount to List
$71,000
4.18%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Michael $2,000,000 Freedom Title
Lee Michael $2,000,000 Freedom Title
Martin-Prince Llc $1,770,000 Freedom Title
Martin-Prince Llc $1,770,000 Freedom Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $1,770,000 +4.2% --
08/29/2023 08/29/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $1,699,000 -- --
Source: South Jersey Shore Regional MLS

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 $9,225 $671,500 $671,500 --
2024 $9,225 $822,200 $671,500 $150,700
Source: Public Records

Agents Affiliated with this Home

  • Patricia Gallo

    Seller's Agent in 2023

    Patricia Gallo

    MONIHAN REALTY-A

    (609) 398-1147

    12 in this area

    15 Total Sales

    Patricia Gallo
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577227

South Jersey Shore Regional MLS

APN: 08-00070-24-00014

New Jersey Cape May County Ocean City 08226

341 E Inlet Rd, Ocean City, NJ

Not Listed for Sale

Detached

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