NOT LISTED FOR SALE

41 W 16th St Unit 43 Ocean City, NJ 08226

Estimated Value: $1,180,000 - $1,855,000

3 Beds
2 Baths
1,388 Sq Ft
$994/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $799,000 $576 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,772/month

Highlights

  • Bay View
  • Solar Power System
  • Cape Cod Architecture
  • Ocean City Primary School Rated A
  • Open Floorplan
  • 4-minute walk to 14 Th Street Playground

About This Home

As of June 2021

Highly sought after Bay area single in America’s Greatest Family Resort across from Carnival Bayou lagoon. Three bedrooms, 2 baths, open concept living room w/fireplace, dining & kitchen with hardwood floors. Granite counters & sea glass tile backsplash. Garage can accommodate 2 cars & plenty of storage. Roof & HVAC replaced in 2013, solar installed July 2019. Relax on the porch or walk a short distance to the bay & view amazing sunsets. Short walk to the beach & boardwalk too. Seller is a licensed NJ Realtor. Contingent on seller finding suitable housing.

Last Agent to Sell the Property

George Stone

(856) 767-1776 georgestone@comcast.net Century 21 Reilly Realtors Listed on: 04/16/2021

Century 21 Reilly Realtors

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 1967

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 40.00 x 65.00
  • Picket Fence
  • Landscaped
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Foundation Flood Vent
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,388 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Living Room
  • Dining Room
  • Bay Views
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Area Subdivision

Listing and Financial Details

  • Tax Lot 00024 01
  • Assessor Parcel Number 08-01510-00024 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,633

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All existing appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Remarks Public: Highly sought after Bay area single in America’s Greatest Family Resort across from Carnival Bayou lagoon. Three bedrooms, 2 baths, open concept living room w/fireplace, dining & kitchen with hardwood floors. Granite counters & sea glass tile backsplash. Garage can accommodate 2 cars & plenty of storage. Roof & HVAC replaced in 2013, solar installed July 2019. Relax on the porch or walk a short distance to the bay & view amazing sunsets. Short walk to the beach & boardwalk too. Seller is a licensed NJ Realtor. Contingent on seller finding suitable housing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Primary Bath(s), Skylight(s), Stall Shower, Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Mantel(s), Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1388
  • Living Area Sq Ft: 1388
  • Price Per Sq Ft: 575.65
  • Above Grade Finished Sq Ft: 1388
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 41

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Awning(s), Outside Shower
  • Roof: Shingle
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Solar Photovoltaic
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Picket
  • Improvement Assessed Value: 300400.00
  • Land Assessed Value: 275600.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.06
  • Lot Dimensions: 40.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2600.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3800052
  • Tax Annual Amount: 5633.00
  • Assessor Parcel Number: 08-01510-00024 01
  • Tax Lot: 00024 01
  • Tax Total Finished Sq Ft: 1388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 30, 2021
Sold by
Stone George and Stone Sandra
Bought by
Twiggs Christian and Twiggs Kaitlyn
Seller's Agent
George Stone
Century 21 Reilly Realtors
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$1,379,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,049
Avg. Annual Appreciation
13.43%
Original Mortgage
$580,000
Outstanding Balance
$526,742
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$852,307

Purchase Details

Closed on
May 8, 2006
Sold by
Stott Lindsay S and Stott Ellen M
Bought by
Stone George and Stone Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 1998
Sold by
Lowe Michael
Bought by
Stott Lindsay S and Stott Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
6.84%

Purchase Details

Closed on
Aug 9, 1990
Sold by
Lowe Michael and Lowe Susan F
Bought by
Atlantic City Electric Co

Purchase Details

Closed on
Jan 30, 1990
Sold by
Landi Warren
Bought by
Lowe Michael and Lowe Fagan,Susan
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
Twiggs Christian $799,000 None Available
Twiggs Christian $799,000 None Listed On Document
Stone George $730,000 Landis Title Corporation
Stott Lindsay S $245,000 --
Atlantic City Electric Co -- --
Lowe Michael $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twiggs Christian $580,000
Closed Twiggs Christian $580,000
Previous Owner Stone George $580,000
Previous Owner Stott Lindsay S $208,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $799,000 0.0% $576 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $799,000 -- $576 / Sq Ft
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 $6,463 $576,000 $275,600 $300,400
2024 $6,463 $576,000 $275,600 $300,400
2023 $6,169 $576,000 $275,600 $300,400
2022 $5,927 $576,000 $275,600 $300,400
2021 $5,463 $576,000 $275,600 $300,400
2020 $5,633 $576,000 $275,600 $300,400
2019 $5,570 $576,000 $275,600 $300,400
2018 $5,518 $576,000 $275,600 $300,400
2017 $5,432 $576,000 $275,600 $300,400
2016 $5,224 $576,000 $275,600 $300,400
2015 $5,155 $576,000 $275,600 $300,400
2014 $5,080 $576,000 $275,600 $300,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM104906

Bright MLS

APN: 08 01510-0000-00024- 01