NOT LISTED FOR SALE

38 Revere Place Unit East Ocean City, NJ 08226

Estimated Value: $1,559,000 - $1,992,000

5 Beds
4 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold August 16, 2018

Last sale price $979,000

Est. 85% increase in value since last sale

Current estimated payment $10,334/month

82 Days on Market

Highlights

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

About This Home

As of August 2018

Gorgeous Waterfront New Construction for 2018! Rare and highly sought after Townhouse from one of Ocean City's Finest Builders, "Duncan Homes". This high-end home features 5 bedrooms, 4 baths, 2 waterfront decks with water views, new bulkhead and boat slip. A boater's paradise - this location offers open bay views while still providing a protected boat slip. Optional ELEVATOR available. High-end finishes throughout - some highlights include oak hardwood flooring in the great room, stairs and hallway, gourmet island kitchen with custom cabinets, countertops and stainless appliances, tile backsplash, tiled shower/tub in all baths, semi-frameless shower doors, and tankless water heater. Ground floor will include a 1 car garage, entry foyer and storage area, first floor layout includes a large great room with water views, spacious kitchen and jr. master suite. Second floor layout includes 4 additional bedrooms and 3 baths including the master suite with private waterfront deck. Buy ahead of completion and choose your finishes and appliances!

Last Agent to Sell the Property

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC Listed on: 11/07/2017

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,471

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • End Unit

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 20.01 / 811

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,471

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 11/07/2017
  • New Construction: Yes
  • Year Built: 2018
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Water View
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip

Exterior Features

  • Siding Exterior: Vinyl
  • Waterfront: Yes

Garage/Parking

  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: One Car, Parking Pad

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

  • Management: Co-Owner

Lot Info

  • Lot Number: 20.01
  • Location: Bay Front, Docks, Lagoon Front, Water View

Rental Info

  • Pets: Yes

Multi Family

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

Tax Info

  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Aug 17, 2018
Sold by
Duncan Re Inv Llc
Bought by
Sullivan Danilel and Sullivan Susan
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$999,900
Sold Price
$979,000
Premium/Discount to List
-$20,900
-2.09%
Current Estimated Value
$1,807,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,491
Avg. Annual Appreciation
8.89%
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
Sullivan Danilel $979,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $979,000 -2.1% --
01/28/2018 01/28/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $999,900 -- --
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 $10,471 $933,200 $381,600 $551,600
2024 $10,471 $933,200 $381,600 $551,600
2023 $9,995 $933,200 $381,600 $551,600
2022 $9,603 $933,200 $381,600 $551,600
2021 $9,379 $933,200 $381,600 $551,600
2020 $9,127 $933,200 $381,600 $551,600
2019 $9,024 $933,200 $381,600 $551,600
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH SHEPPARD

    Seller's Agent in 2018

    JOSEPH SHEPPARD

    BHHS Fox & Roach

    (609) 602-0501

    76 in this area

    96 Total Sales

    JOSEPH SHEPPARD
    Section Image

  • A

    Buyer's Agent in 2018

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 496813

South Jersey Shore Regional MLS

APN: 08 00811-0000-00020- 01-C38

New Jersey Cape May County Ocean City 08226

38 Revere Place Unit East, Ocean City, NJ

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