NOT LISTED FOR SALE

3724 Waterview Blvd Unit 1 Ocean City, NJ 08226

Estimated Value: $1,621,000 - $1,822,645

4 Beds
2.5 Baths
-- Sq Ft
0.56 Acres

Last Sold September 24, 2021

Last sale price $1,345,000

Est. 28% increase in value since last sale

Current estimated payment $10,193/month

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Multiple Fireplaces

About This Home

As of September 2021

Bayfront Single 2 Story luxurious home part of Water View Estates Home Owners Association of 5 detached single family homes. First level includes a gourmet eat in kitchen, sizable family room/den with fireplace and half bath. Formal Dining room with travertine floor and step down into the large great room with fireplace and expansive wet bar. The home is made for entertaining and Sea Shore Life. The great room opens onto a covered deck with beautiful views of the Bay and swimming pool. The second level consists of a Massive Master Bedroom and large full bath with Jacuzzi, double vanity, large walk in shower and double sided fire place shared with the bedroom. There is a huge walk in closet, and seating area opening on to a deck overlooking the Bay, pool and awesome sunsets. There are 3 additional bedrooms and a full bath on the 2nd floor. Also included is a deep water (recently dredged) boat slip and large garage. Enjoy the sunny summer days lounging around the resort style pool, and the evening sunsets are world class. Enjoy fishing, boating and All kinds of water sports right in your back yard. This is a lot of house and amenities for the money in a neighborhood that is one of Ocean City's "best kept secrets"

Last Agent to Sell the Property

Rick Adams

MONIHAN REALTY Listed on: 05/21/2021

Co-Listed By

MARILYN BOOTH ADAMS

MONIHAN REALTY

Last Buyer's Agent

ROBERT MCNEILL JR

MONIHAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,150

Year Built

  • Built in 1995

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • 1.5 Car Garage

Property Views

  • Water
  • Pool

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash, pool

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,150

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Detached
  • Also Includes: Blinds, Fireplace Equipment, Furnished
  • Lvt Date: 05/21/2021
  • Year Built: 1995
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Pool View, Water View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: More Than 1, Built-In, Family Room, Gas Log, Living Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • 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 Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip, Fenced Yard, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car
  • 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
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash, Pool
  • Condo Name: Waterview
  • Management: Off-Site Professionals

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Lagoon Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Bar, Cathedral Ceiling(s), Fireplace(s), Foyer, Kitchen Center Island, Master Bath, Pets Allowed, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Sep 23, 2021
Sold by
Keys Associates Llc
Bought by
Merino Stephen G and Fretz-Merino Meredith
Seller's Agent
Rick Adams
MONIHAN REALTY
Buyer's Agent
ROBERT MCNEILL JR
MONIHAN REALTY
List Price
$1,400,000
Sold Price
$1,345,000
Premium/Discount to List
-$55,000
-3.93%
Current Estimated Value
$1,724,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,661
Avg. Annual Appreciation
6.40%
Original Mortgage
$845,000
Outstanding Balance
$768,887
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$955,774

Purchase Details

Closed on
Mar 17, 2017
Sold by
U S Bank Na
Bought by
Keys Associates Llc

Purchase Details

Closed on
Jan 29, 2016
Sold by
Brasslett Steven D and Brasslett Dawn M
Bought by
U S Bank Na and The Thornburg Mortgage Securities Trust

Purchase Details

Closed on
Jun 16, 1999
Sold by
Cannon Homes Llc
Bought by
Prasslett Steven and Prasslett Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
Merino Stephen G $1,345,000 None Available
Keys Associates Llc $79,200,000 None Available
Keys Associates Llc $792,000 None Available
U S Bank Na -- Servicelink Aliquippa Title
Prasslett Steven $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merino Stephen G $845,000
Previous Owner Prasslett Steven $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $1,345,000 -3.9% --
08/01/2021 08/01/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,400,000 -- --
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 $12,150 $1,082,900 $560,700 $522,200
2024 $12,150 $1,082,900 $560,700 $522,200
2023 $11,598 $1,082,900 $560,700 $522,200
2022 $11,143 $1,082,900 $560,700 $522,200
2021 $8,078 $1,082,900 $560,700 $522,200
2020 $10,591 $1,082,900 $560,700 $522,200
2019 $10,472 $1,082,900 $560,700 $522,200
2018 $10,374 $1,082,900 $560,700 $522,200
2017 $10,212 $1,082,900 $560,700 $522,200
2016 $9,822 $1,082,900 $560,700 $522,200
2015 $9,692 $1,082,900 $560,700 $522,200
2014 $9,551 $1,082,900 $560,700 $522,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rick Adams

    MONIHAN REALTY

    (609) 602-0684

    16 in this area

    22 Total Sales

    Rick Adams
    Section Image
  • MARILYN BOOTH ADAMS

    Seller Co-Listing Agent in 2021

    MARILYN BOOTH ADAMS

    MONIHAN REALTY

    (609) 602-1509

    11 in this area

    27 Total Sales

    MARILYN BOOTH ADAMS
    Section Image
  • ROBERT MCNEILL JR

    Buyer's Agent in 2021

    ROBERT MCNEILL JR

    MONIHAN REALTY

    (215) 470-0853

    8 in this area

    9 Total Sales

    ROBERT MCNEILL JR
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 550953

South Jersey Shore Regional MLS

APN: 08-03711-0000-00007-0000-C1

New Jersey Cape May County Ocean City 08226

3724 Waterview Blvd Unit 1, Ocean City, NJ

This home is located at 3724 Waterview Blvd Unit 1, Ocean City, NJ 08226 since 21 May 2021 and is currently estimated at $1,724,661. This property was built in 1995. 3724 Waterview Blvd Unit 1 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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