NOT LISTED FOR SALE

Estimated Value: $758,000 - $898,000

2 Beds
2.5 Baths
1,600 Sq Ft
$511/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $649,900 $406 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,379/month

11 Days on Market

Highlights

  • Beach Access
  • Deck
  • 1 Fireplace
  • Roger Sherman Elementary School Rated A
  • Attic
  • 3-minute walk to Veterans Park

About This Home

As of November 2022

Ocean Reef is a hidden gem of a condo community of 11 townhomes in the beach area. Close to beach, town and train and all amenities that in town living has to offer. Newer white kitchen with stainless appliances. Upscale baths. Skylights. Open Living Room with Dining Area and Fireplace. Sliders to lovely deck. Pretty powder room. Primary bedroom with vaulted ceiling and full bath. Guest bedroom with full bath. Large storage room, laundry room and cedar closet. Tandem 2 car garage. Hardwood floors thruout. Updated mechanicals. Possible to convert part of garage to living space and add additional bath in the lower level. Beautiful landscape with exterior plantings, lights and irrigation system. Each unit has the feel of a single family home. Enjoy the lifestyle without the headaches of yard maintenance. Each unit has a private driveway and garage. An additional parking spot with each unit. Plenty of guest parking. Excellent value for beach and carefree lifestyle. Move in condition. Please note fence around the perimeter of property to be replaced. Details to be announced. Living room TV and sound bar are included with the property. Coat rack and bench in mudroom included with the property. Shelves and cabinetry in garage included with the property.

Last Agent to Sell the Property

Marlene Marrucco-Recchia

William Pitt Sotheby's Int'l License #RES.0564449 Listed on: 09/26/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Brittany Ursini

eXp Realty License #RES.0808667

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,852

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Frame Construction
  • Clap Board Siding
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,600 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Tandem Garage
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Exclusions: As per inclusion exclusion document .

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance, flood insurance
  • 11 Units
  • Ocean Reef Community
  • Property managed by The Property Group

Recreation

  • Bocce Ball Court

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,852

Year Built

Built in 1985

Lot Details

1.19 Acres

HOA Fees

$500 per month

Listing Details

  • Neighborhood: Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1600
  • Public Record Living Room Sq Ft: 1600
  • Total Sq Ft: 1600
  • Year Built: 1985
  • Nearby Amenities: Basketball Court, Bocci Court, Library, Park, Playground/Tot Lot, Public Rec Facilities, Tennis Courts
  • In Law Access: Lower Level
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • In Law Apartment: Possible
  • Exclusions: As per inclusion exclusion document .
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S), Truck(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: 90.00 per month * poss.new asses./fence
  • Public Record Gross Sq Ft: 2558
  • Tax Year Updated Dt: 09/13/2022
  • Directions: Post Rd. or Reef Rd. towards beach. Turn right at Veterans Park (Waite Way or Rod Hwy). Turn right onto Ocean Reef Drive. #5 is on other side of island.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Walk-Out
  • Interior Amenities: Cable - Available
  • Appliances: Gas Cooktop, Gas Range, Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: LOWER LEVEL LAUNDRY ROOM
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Porch, Underground Sprinkler
  • Exterior Siding: Clapboard, Vinyl Siding
  • Waterfront Description: Water Community, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Masonry

Garage/Parking

  • Garage Parking Info: Tandem, Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance, Flood Insurance
  • Complex Name: Ocean Reef
  • HOA Fees: 500
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: The Property Group
  • Property Mgt Phone: 203-967-8337

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: On Cul-De-Sac, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: DRD1

Rental Info

  • Pets Allowed Info: Restrictions as per HOA
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7852
  • Mil Rate Base: 27.240
  • Assessor Parcel Number: 132494

Multi Family

  • Total Num Of Units: 11

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Oct 28, 2022
Sold by
Jain Neil
Bought by
Rodkey Jennifer and Rodkey Clifford
Seller's Agent
Marlene Marrucco-Recchia
William Pitt Sotheby's Int'l
Buyer's Agent
Brittany Ursini
eXp Realty
List Price
$649,900
Sold Price
$649,900
Views
47
Current Estimated Value
$817,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,199
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Feb 28, 2018
Closed on
Sep 24, 2018
Sold by
Swist Martin and Swist Jessica
Bought by
Jain Neil
Seller's Agent
Marlene Marrucco-Recchia
William Pitt Sotheby's Int'l
Buyer's Agent
Shannon McAvoy
Brown Harris Stevens
List Price
$489,000
Sold Price
$458,000
Premium/Discount to List
-$31,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$343,454
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodkey Jennifer $649,900 None Available
Rodkey Jennifer $649,900 None Available
Jain Neil $458,000 --
Jain Neil $458,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Neil $343,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $649,900 0.0% $406 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $649,900 +41.9% $406 / Sq Ft
09/21/2018 09/21/18 Sold $458,000 -3.4% $39 / Sq Ft View Prior Sale
09/19/2018 09/19/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $474,000 -1.0% $41 / Sq Ft
05/22/2018 05/22/18 Price Changed $479,000 -2.0% $41 / Sq Ft
02/28/2018 02/28/18 For Sale $489,000 -- $42 / Sq Ft
Source: SmartMLS

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 $8,184 $288,260 $0 $288,260
2024 $8,042 $288,260 $0 $288,260
2023 $7,930 $288,260 $0 $288,260
2022 $7,852 $288,260 $0 $288,260
2021 $7,777 $288,260 $0 $288,260
2020 $7,499 $279,930 $0 $279,930
2019 $7,499 $279,930 $0 $279,930
2018 $7,379 $279,930 $0 $279,930
2017 $7,228 $279,930 $0 $279,930
2016 $7,124 $279,930 $0 $279,930
2015 $6,695 $270,060 $0 $270,060
2014 $6,589 $270,060 $0 $270,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170503111

SmartMLS

APN: FAIR-000183-000155-000005

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