NOT LISTED FOR SALE

405 44th St Ocean City, NJ 08226

Estimated Value: $2,027,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $2,100,000

Est. 3% decrease in value since last sale

Current estimated payment $12,784/month

65 Days on Market

Highlights

  • Ocean View
  • Deck
  • Shades
  • Ocean City Primary School Rated A
  • Great Room
  • Porch

About This Home

As of April 2019

This stunning South End Home just hit the market in Ocean City, NJ and is a MUST SEE! This recently built custom duplex features a total of 8 bedrooms and 4.5 bathrooms, and offers two floors of private living space. The first floor features 7 foot solid-core doors, 10 and 8 foot ceilings, and TONS of storage space! The second floor features 8 foot solid-core doors, 10 and 9 foot ceilings, and a private roof top deck, with extra storage. The first floor kitchen comes equipped with KitchenAid stainless steel appliances, and the second floor kitchen features Viking Appliances. Both floors feature fully solid-core doors, beautiful hardwood floors, inner-wall insulation, central vac systems, a spacious back yard, and is fitted throughout with MANY smart home features. No details were overlooked! This home also boasts OCEAN VIEWS and PRIVATE entrances for each floor including entrances from each private garage! Located just three homes in from the 44th Street Beach, you can entertain in style in this move-in ready home or relax on the beach! The possibilities of this duplex are endless- enjoy both floors for you and your family or enjoy one while bringing in RENTAL INCOME on the other. Be sure to add this home to your list of "MUST SEE" as this property won't last long!

Last Agent to Sell the Property

Kevin Mcgonigle

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 12/26/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kevin Halliday

BERGER REALTY-A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,916

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 50x70
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Central Vacuum
  • Partially Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Ocean Views
  • Crawl Space
  • Storm Screens

Kitchen

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

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,916

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished, Rugs, Shades
  • Lvt Date: 12/28/2018
  • Year Built: 2015
  • Age: 2 To 5 Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Living Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Ocean View, Outside Shower, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Combination

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 50x70

Rental Info

  • Rental Information: Monthly, Security Deposit, Weekly, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of4 Bedroom Units: 2
  • Separate Meters: Cooling, Cable Tv, Electric, Gas, Heat, Hot Water, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Asplundh Reed K and Asplundh Elaine S
Bought by
Davis Thomas G and Davis Carolyn S
Current Estimated Value
$2,027,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2021
Sold by
Asplundh Reed K and Asplundh Elaine S
Bought by
Shukla Pratik and Shukla Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2021
Sold by
Asplundh Reed K
Bought by
405-407 44Th Street Condominium Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 26, 2018
Closed on
Mar 29, 2019
Sold by
Giosa Edmond
Bought by
Asplundh Reed K and Asplundh Elaine S
Seller's Agent
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kevin Halliday
BERGER REALTY-A
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Purchase Details

Listed on
Apr 16, 2013
Closed on
Sep 6, 2013
Sold by
Carlin James J and Merbrier Karl D
Bought by
Giosa Edmond
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$830,000
Sold Price
$830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Original Mortgage
$575,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Davis Thomas G $1,275,000 None Available
Shukla Pratik $1,550,000 Freedom Title
405-407 44Th Street Condominium Association -- Freedom Title
Asplundh Reed K $2,100,000 Surety Title
Giosa Edmond $830,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shukla Pratik $1,240,000
Previous Owner Giosa Edmond $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2019 04/12/19 Sold $2,100,000 -6.7% --
03/01/2019 03/01/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $2,250,000 +171.1% --
09/06/2013 09/06/13 Sold $830,000 0.0% -- View Prior Sale
05/28/2013 05/28/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $830,000 -- --
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
2021 $13,916 $1,422,900 $649,900 $773,000
2020 $13,916 $1,422,900 $649,900 $773,000
2019 $13,703 $1,417,100 $649,900 $767,200
2018 $13,278 $1,417,100 $649,900 $767,200
2017 $13,151 $1,417,100 $649,900 $767,200
2016 $12,853 $1,417,100 $649,900 $767,200
2015 $12,683 $1,417,100 $649,900 $767,200
2014 $12,499 $649,900 $649,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 515434

South Jersey Shore Regional MLS

APN: 08-04302-0000-00001