NOT LISTED FOR SALE

401 24th St Ocean City, NJ 08226

Estimated Value: $1,323,000 - $3,009,000

2 Beds
1.5 Baths
1,143 Sq Ft
$2,157/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $849,000 $743 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $14,557/month

272 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of October 2015

Adorable Ocean City cottage in prime Goldcoast Asbury Avenue corner location. The updated home features a newer kitchen with stainless steel appliances, hardwood floors and beach chic decor. The home has a cozy covered front porch and upper deck with ocean views. The property sits on a 50' x 70' lot with nice sized side yard, detached garage with parking pad and an enclosed outside shower. Purchase now to enjoy the best of Goldcoast living just steps to the beach and boardwalk.

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 12/13/2014

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Chris Benson

MONIHAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,521

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x 70

Home Design

  • Cape Cod Architecture
  • Asbestos Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Blinds
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Storm Screens

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,521

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Age: 25+ Years
  • Also Includes: Blinds, Furnished, Shades
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Asbestos
  • Storm Screens: Screens, Storms

Garage/Parking

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

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 50 X 70
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2009
Sold by
Boyle Brian P and Boyle Mary
Bought by
Reber Matthew and Reber Michele
Current Estimated Value
$2,465,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$365,041
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,100,309

Purchase Details

Closed on
Jun 9, 2005
Sold by
Estate Of Isabelle Kevis and Custer Jane
Bought by
Boyle Brian P and Boyle Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,787
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Reber Matthew $715,000 The Title Company Of Jersey
Boyle Brian P $941,050 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reber Matthew $572,000
Previous Owner Boyle Brian P $705,787
Closed Boyle Brian P $141,157
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $849,000 0.0% $743 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
12/13/2014 12/13/14 For Sale $849,000 -- $743 / Sq Ft
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 $19,521 $1,739,800 $615,500 $1,124,300
2024 $19,521 $1,739,800 $615,500 $1,124,300
2023 $6,592 $615,500 $615,500 $0
2022 $6,334 $615,500 $615,500 $0
2021 $5,085 $681,700 $615,500 $66,200
2020 $6,667 $681,700 $615,500 $66,200
2019 $6,592 $681,700 $615,500 $66,200
2018 $6,531 $681,700 $615,500 $66,200
2017 $6,428 $681,700 $615,500 $66,200
2016 $6,183 $681,700 $615,500 $66,200
2015 $5,912 $660,600 $615,500 $45,100
2014 $5,826 $660,600 $615,500 $45,100
Source: Public Records

Agents Affiliated with this Home

  • Burton Wilkins

    Seller's Agent in 2015

    Burton Wilkins

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-2500

    87 in this area

    185 Total Sales

    Burton Wilkins
    Section Image

  • C

    Buyer's Agent in 2015

    Chris Benson

    MONIHAN REALTY

    (609) 602-0808

    17 in this area

    17 Total Sales

    Chris Benson
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 440243

South Jersey Shore Regional MLS

APN: 08-02302-0000-00002

New Jersey Cape May County Ocean City 08226

401 24th St, Ocean City, NJ

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