NOT LISTED FOR SALE

47 Spruce Rd Ocean City, NJ 08226

Estimated Value: $1,527,000 - $2,760,435

3 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot Lot

Sale Details

Date Sold: May 13, 2019

Last sale price $640,000

Est. 227% increase in value since last sale

Current estimated payment $12,661 / mo

8 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Central Air
  • Ocean City Primary School Rated A
  • Porch
  • Wood Burning Fireplace

About This Home

As of May 2019

Location, location, location! Beautiful lagoon views right from your porch! A chance to live in one of Ocean City's most desirable neighborhoods at the best price. Keep this well maintained home as is or build the home or your dreams on the 50x100 lot!

Last Agent to Sell the Property

MEGAN ZERBO

BALSLEY/LOSCO Listed on: 03/21/2019

BALSLEY/LOSCO

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Lot Details

  • 5,009

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Lot Dimensions are 50x100

Home Details

Home Type

Single Family

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Water View
  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 13, 2019
Sold by
Jran Long Irt
Bought by
Timken Michael and Timken Denise
Seller's Agent
MEGAN ZERBO
BALSLEY/LOSCO
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$610,000
Sold Price
$640,000
Premium/Discount to List
$30,000
4.92%
Current Estimated Value
$2,091,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,451,609
Avg. Annual Appreciation
18.64%
Original Mortgage
$480,000
Outstanding Balance
$416,714
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,674,895

Purchase Details

Closed on
Jun 1, 2001
Sold by
Bulack Robert K
Bought by
Long Jean

Purchase Details

Closed on
Dec 29, 1999
Sold by
Maquire William F
Bought by
Bulack Robert K and Bulack Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.71%

Purchase Details

Closed on
Mar 25, 1993
Sold by
New Jersey Dep
Bought by
Maguire William F and Maguire Lois G

Purchase Details

Closed on
Jan 4, 1992
Sold by
Smith Raymond J and Smith Joan C
Bought by
Maguire William F and Maguire Lois G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Timken Michael $640,000 --
Long Jean $365,000 --
Long Jean $365,000 --
Bulack Robert K $265,000 --
Maguire William F $6,400 --
Maguire William F $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timken Michael $480,000
Previous Owner Bulack Robert K $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2019 05/13/19 Sold $640,000 +4.9% --
03/29/2019 03/29/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $610,000 -- --
Source: South Jersey Shore Regional MLS

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 $19,773 $1,762,300 $434,500 $1,327,800
2024 $18,874 $1,762,300 $434,500 $1,327,800
2023 $18,874 $1,762,300 $434,500 $1,327,800
2022 $4,471 $434,500 $434,500 $0
2021 $3,589 $434,500 $434,500 $0
2020 $5,639 $576,600 $434,500 $142,100
2019 $5,576 $576,600 $434,500 $142,100
2018 $5,524 $576,600 $434,500 $142,100
2017 $5,437 $576,600 $434,500 $142,100
2016 $5,230 $576,600 $434,500 $142,100
2015 $5,161 $576,600 $434,500 $142,100
2014 $5,086 $576,600 $434,500 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 519478

South Jersey Shore Regional MLS

APN: 08-01914-0000-00018

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