NOT LISTED FOR SALE

401 56th St Ocean City, NJ 08226

Estimated Value: $2,776,000 - $2,983,000

5 Beds
4.5 Baths
-- Sq Ft
2,788 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $2,750,000

Est. 4% increase in value since last sale

Current estimated payment $17,077/month

50 Days on Market

Highlights

  • Water Views
  • Deck
  • Corner Lot
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Den

About This Home

As of April 2024

Stunning custom built single family home situated on a corner lot in the quiet Southend neighborhood! Not only does this home span 3 levels, offering 5 bedrooms and 4.5 bathrooms, but it showcases ocean views from multiple decks and is just minutes to the beach! The ground level provides access to the fenced in yard, garage, and foyer where there is ample storage and elevator access. Four bedrooms, including two en suites with decks, and a full bath are found on the first level. The main level features a bright open floor plan with a spacious kitchen, complete with stainless steel appliances, center island, tiled backsplash, and dining area. There is an additional back deck, laundry room, and powder room off of the kitchen. The living area hosts a gas log fireplace and sliders that lead to a large deck, perfect for enjoying the views and entertaining guests. On the top floor is the private master suite, boasting 2 decks with stunning ocean views to wake up to, a wet bar, walk in closet, and a beautifully tiled bathroom. With a great location, ocean views, and plenty of space - You won't want to wait to make this home yours!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC License #SP-8433611 Listed on: 01/05/2024

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC License #SP-8433611 Listed on: 01/05/2024

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,970

Lot Details

  • Lot Dimensions are 40x70
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 2 To 5 Years
  • Also Includes: Partially Furnished
  • Lvt Date: 01/05/2024
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Sprinkler System
  • Siding Exterior: Stone, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Gas
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 40x70
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 12, 2024
Sold by
Tsatalis Marina Carol
Bought by
Bostancic Michael H and Bostancic Sara E
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$2,750,000
Sold Price
$2,750,000
Views
128
Current Estimated Value
$2,859,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,192
Avg. Annual Appreciation
6.11%
Original Mortgage
$500,000
Outstanding Balance
$463,729
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$2,517,276

Purchase Details

Closed on
Aug 6, 2018
Sold by
Arrow John
Bought by
John Arrow Custom Hms Llc

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 5, 2018
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Arrow John
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Jack Zaborowski
COMPASS RE - Moorestown
List Price
$550,000
Sold Price
$703,000
Premium/Discount to List
$153,000
27.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.05%

Purchase Details

Closed on
Jan 13, 2018
Sold by
Nolan Robert A
Bought by
Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
Feb 22, 2005
Sold by
Weiser Properties Llc
Bought by
Weiser Sean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2004
Sold by
Weiser Carol Ann
Bought by
Weiser Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2001
Sold by
Fowser Kenneth R
Bought by
Weiser Carol Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bostancic Michael H $2,750,000 Trident Land Transfer
John Arrow Custom Hms Llc -- --
Arrow John $703,000 --
Deutsche Bk Natl T Co Tr -- --
Weiser Sean B -- The Title Company Of Jersey
Weiser Property Group Llc -- Fidelity National Title
Weiser Carol Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostancic Michael H $500,000
Previous Owner Weiser Sean B $700,000
Previous Owner Weiser Charles B $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $2,750,000 0.0% --
02/24/2024 02/24/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $2,750,000 0.0% --
01/12/2024 01/12/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $2,750,000 +52.9% --
04/24/2020 04/24/20 Sold $1,799,000 +1.1% --
03/11/2020 03/11/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $1,779,900 +153.2% --
05/24/2018 05/24/18 Sold $703,000 +27.8% --
04/24/2018 04/24/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $550,000 -- --
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 $17,970 $1,601,600 $600,300 $1,001,300
2024 $17,970 $1,601,600 $600,300 $1,001,300
2023 $17,153 $1,601,600 $600,300 $1,001,300
2022 $16,480 $1,601,600 $600,300 $1,001,300
2021 $11,948 $1,601,600 $600,300 $1,001,300
2020 $15,664 $1,601,600 $600,300 $1,001,300
2019 $5,805 $600,300 $600,300 $0
2018 $5,751 $600,300 $600,300 $0
2017 $5,661 $600,300 $600,300 $0
2016 $5,445 $600,300 $600,300 $0
2015 $5,373 $600,300 $600,300 $0
2014 $5,295 $600,300 $600,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Huber

    Seller's Agent in 2024

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    220 in this area

    333 Total Sales

    Section Image
  • JACK ZABOROWSKI

    Seller's Agent in 2020

    JACK ZABOROWSKI

    eXp Realty - Ocean City S382K

    (609) 602-7140

    24 in this area

    72 Total Sales

    Section Image

  • E

    Seller's Agent in 2018

    Edward Augsberger

    COASTAL ELITE REALTY

    (609) 338-1189

    151 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 580984

South Jersey Shore Regional MLS

APN: 08-05502-0000-00002

New Jersey Cape May County Ocean City 08226

401 56th St, Ocean City, NJ

This home is located at 401 56th St, Ocean City, NJ 08226 since 05 January 2024 and is currently estimated at $2,894,052. 401 56th St 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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