NOT LISTED FOR SALE

38 Sunset Place Unit 1 Ocean City, NJ 08226

Estimated Value: $673,782 - $1,073,000

3 Beds
2 Baths
1,150 Sq Ft
2,614 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $380,000 $330 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,676/month

Highlights

  • Wood Flooring
  • Furnished
  • Porch
  • Ocean City Primary School Rated A
  • No HOA
  • 2-minute walk to 14 Th Street Playground

About This Home

As of February 2020

Open House Sunday, Jan. 19th from 11:30 to 2:30 .Location Bay Views! Condition Turn Key! Price Hurry before it is gone!This lovely 3 bedroom, 2 bath first floor home is only steps to the bay permitting for you to enjoy the golden sunsets upon the glistening bay! Recent upgrades of this charming Beach House includes; new carpets, newly updated baths, new appliances (refrigerator, range, dishwasher, microwave, washer & dryer), freshly painted, new storm door and electrical upgrades! The inviting front porch is the perfect place to relax to take in the morning sunrise or the moonlit sky of a warm summer evening. More features of this home include an outside shower, shed for beach chairs & bikes and upgraded crawl space with new dehumidifier. Make this home your special retreat!

Last Agent to Sell the Property

Beth Scarpello

(267) 981-8057 beth.scarpello@foxroach.com BHHS Fox & Roach-Doylestown License #RS297808 Listed on: 11/25/2019

BHHS Fox & Roach-Doylestown

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1977

Lot Details

  • 2,614

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Living Room
  • Dining Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater

Additional Features

  • Property is in good condition
  • Flood Risk

Community Details

  • No Home Owners Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,524

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer, Microwave, Washer
  • Flooring Type: Hardwood, Fully Carpeted
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 347.74
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Asbestos
  • Exterior Features: Outside Shower, Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 40 x 65
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: BV1-35

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Tax Annual Amount: 2524.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2019
  • Close Date: 02/28/2020

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 9, 2014
Sold by
Zuino Matthew and Zuino Nicole
Bought by
Mccloskey Michael J and Mccloskey Michele M
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Douglas Weiland
Compass New Jersey-Ocean City (O463H)
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$841,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,196
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Apr 6, 2012
Sold by
Zuino Alan
Bought by
Zuino Matthew and Zuino Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2000
Sold by
Gifford Ronald C
Bought by
Zuino Alan and Zuino Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.64%
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
Mccloskey Michael J $310,000 North American Title
Zuino Matthew $200,000 The Title Company Of Jersey
Zuino Alan $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zuino Matthew $150,000
Previous Owner Zuino Alan $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $380,000 -5.0% $330 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $399,900 +29.0% $348 / Sq Ft
05/09/2014 05/09/14 Sold $310,000 0.0% -- View Prior Sale
04/18/2014 04/18/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $310,000 -- --
Source: Bright 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 $3,181 $283,500 $151,100 $132,400
2024 $3,181 $283,500 $151,100 $132,400
2023 $3,036 $283,500 $151,100 $132,400
2022 $2,917 $283,500 $151,100 $132,400
2021 $2,849 $283,500 $151,100 $132,400
2020 $2,553 $261,000 $151,100 $109,900
2019 $2,524 $261,000 $151,100 $109,900
2018 $2,500 $261,000 $151,100 $109,900
2017 $2,461 $261,000 $151,100 $109,900
2016 $2,367 $261,000 $151,100 $109,900
2015 $2,336 $261,000 $151,100 $109,900
2014 $2,302 $261,000 $151,100 $109,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM103732

Bright MLS

APN: 08-01509-0000-00007-0000-C1