NOT LISTED FOR SALE

39 Spruce Rd Ocean City, NJ 08226

Estimated Value: $1,906,000 - $2,394,261

5 Beds
2.5 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $1,230,000

Est. 77% increase in value since last sale

Current estimated payment $12,754/month

35 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of March 2021

Exceptional Custom Single Family Home in desirable Riveria bay neighborhood in Ocean City. Located steps from schools, bike path, beach, bay and boards this traditional home offers room for the whole family and is ideal for entertaining. Relaxing evenings viewing the sunset from your covered front porch and 2nd flr master balcony wih peaks of the lagoons & boat activity. A two story foyer greets you as you enter the home w/ formal living rm, dining rm, eat in kitchen w/ new stainless steel appliances, granite countertops & powder room. Family room w/ inviting corner gas fireplace & easy access to your fenced rear yard w/ patio, outside shower and shed for additional storage. The 2nd Floor has an open balcony overlooking the foyer w/ 4 large bedrooms, full hall bath and luxurous Master Suite w/ WI closet, private balcony and master bath with shower/corner soaking tub. 5th bedroom is idea for bedroom, media rm, office or additional den. Recent improvements include new roof, updated ductwork thrughout and new ac units as well as maintenance free vinyl privacy fence. This home shows immaculate and offers every creature comfort you need in one of the best neighborhoods in Ocean City.

Last Agent to Sell the Property

Nicole Presnall

BHHS FOX and ROACH-Simpson OC Listed on: 12/17/2020

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

LARYN CRISCI

BHHS FOX and ROACH-Simpson OC License #1756525

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,477

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced
  • Sprinkler System

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Recreation Room
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 1 Car Attached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,477

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Curtains
  • Lvt Date: 01/04/2021
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: Size: 15 x 19,7.5, On Level: Upper
  • Bedroom 2: Size: 12 '1.5 x 11'1, On Level: Upper
  • Bedroom 3: Size: 13'9 x 11'1, On Level: Upper
  • Bedroom 4: Size: 12 x 15, On Level: Upper
  • Bedroom 5: Size: 19 x 16, On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space, Slab
  • Dining Room: Size: 12'9 x 15, On Level: Main
  • Family Room: Size: 15'6 x 15, On Level: Main
  • Kitchen: Size: 20 x 15, On Level: Main
  • Living Room: Size: 9 '9 x 17'2, On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch, Shed, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural, Hot Water, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 50 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Mar 5, 2021
Sold by
Faverzani Frank W and Faverzani Susan Sheppard
Bought by
Deprisco Michael and Deprisco Tina
Seller's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
LARYN CRISCI
BHHS FOX and ROACH-Simpson OC
List Price
$1,249,900
Sold Price
$1,230,000
Premium/Discount to List
-$19,900
-1.59%
Current Estimated Value
$2,180,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$950,565
Avg. Annual Appreciation
13.63%
Original Mortgage
$984,000
Outstanding Balance
$884,088
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,296,477

Purchase Details

Closed on
Jan 15, 1999
Sold by
Donailcen Barton Estate
Bought by
Faverzani Frank and Sheppard Susan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deprisco Michael $1,230,000 Misc Company
Faverzani Frank $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deprisco Michael $984,000
Previous Owner Faverzani Frank W $300,000
Previous Owner Faverzani Frank W $335,000
Previous Owner Faverzani Frank W $353,000
Previous Owner Faverzani Frank W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $1,230,000 -1.6% --
02/03/2021 02/03/21 For Sale $1,249,900 +1.6% --
01/21/2021 01/21/21 Pending -- -- --
01/18/2021 01/18/21 Off Market $1,230,000 -- --
12/17/2020 12/17/20 For Sale $1,249,900 -- --
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 $10,477 $933,800 $390,000 $543,800
2024 $10,477 $933,800 $390,000 $543,800
2023 $10,001 $933,800 $390,000 $543,800
2022 $9,609 $933,800 $390,000 $543,800
2021 $9,043 $924,600 $390,000 $534,600
2020 $9,043 $924,600 $390,000 $534,600
2019 $8,941 $924,600 $390,000 $534,600
2018 $8,858 $924,600 $390,000 $534,600
2017 $8,719 $924,600 $390,000 $534,600
2016 $8,386 $924,600 $390,000 $534,600
2015 $8,275 $924,600 $390,000 $534,600
2014 $8,155 $924,600 $390,000 $534,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 545833

South Jersey Shore Regional MLS

APN: 08-01913-0000-00018