NOT LISTED FOR SALE

502 24th St Ocean City, NJ 08226

Estimated Value: $1,823,000 - $2,308,000

5 Beds
4 Baths
1,352 Sq Ft
4,792 Sq Ft Lot

Last Sold December 22, 2015

Last sale price $999,000 $739 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $11,362/month

21 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Furnished
  • Ocean City Primary School Rated A
  • Corner Lot
  • Ground Level Unit

About This Home

As of December 2015

BEAUTIFUL corner property located just 3 homes from the beach. This 1st fl condo has 5 bedrooms,3 full baths and a full cabana bath with a separate entrance. Great for coming off the beach. Wrap around porch to enjoy. Hardwood floors, granite kitchen and bathroom counter tops. Stainless steel appliances, accent lights in kitchen cabinets, surround sound system,recess lighting. Deck off the master. 2 car garage plus 2 car parking pad. Coming fully furnished with exceptions also includes 6 TVs.Only 3 yrs old.

Last Agent to Sell the Property

PATRICIA CAREY

RE/MAX AT THE SHORE License #9911396 Listed on: 09/15/2015

RE/MAX AT THE SHORE

Last Buyer's Agent

JOSEPH WILHELM JR

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,625

Year Built

  • Built in 2012

Lot Details

  • 4,792

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • 24Th St Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,625

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished, Rugs
  • Year Built: 2012
  • Age: 2 To 5 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Bedroom 5: On Level: Main
  • Full Bathrooms: 4
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Condo Name: 24th St
  • Management: Co-Owner

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Dec 22, 2015
Sold by
Hallman Robert W and Hallman Wendy Y
Bought by
Gatesman Gregory and Gatesman Jacqueline
Seller's Agent
PATRICIA CAREY
RE/MAX AT THE SHORE
Buyer's Agent
JOSEPH WILHELM JR
BHHS FOX and ROACH-109 34th OC
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,968,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$969,314
Avg. Annual Appreciation
7.17%
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
Gatesman Gregory $99,900,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2015 12/22/15 Sold $999,000 0.0% $739 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $999,000 +5.2% $739 / Sq Ft
10/22/2012 10/22/12 Sold $950,000 0.0% $703 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $950,000 -- $703 / Sq Ft
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 $10,625 $947,000 $499,600 $447,400
2024 $10,625 $947,000 $499,600 $447,400
2023 $10,142 $947,000 $499,600 $447,400
2022 $9,745 $947,000 $499,600 $447,400
2021 $7,065 $947,000 $499,600 $447,400
2020 $9,262 $947,000 $499,600 $447,400
2019 $9,157 $947,000 $499,600 $447,400
2018 $9,072 $947,000 $499,600 $447,400
2017 $8,930 $947,000 $499,600 $447,400
2016 $8,589 $947,000 $499,600 $447,400
2015 $8,476 $947,000 $499,600 $447,400
2014 $8,353 $947,000 $499,600 $447,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    PATRICIA CAREY

    RE/MAX

    (609) 432-2606

    1 in this area

    1 Total Sale

    PATRICIA CAREY
    Section Image

  • J

    Buyer's Agent in 2015

    JOSEPH WILHELM JR

    BHHS Fox & Roach

    9 in this area

    12 Total Sales

    JOSEPH WILHELM JR
    Section Image

  • C

    Seller's Agent in 2012

    CHRISTOPHER PUSTIZZI

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 741-1156

    CHRISTOPHER PUSTIZZI
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 455006

South Jersey Shore Regional MLS

APN: 08-02401-0000-00010-0000-C1

New Jersey Cape May County Ocean City 08226

502 24th St, Ocean City, NJ

This home is located at 502 24th St, Ocean City, NJ 08226 since 15 September 2015 and is currently estimated at $1,968,314, approximately $1,455 per square foot. This property was built in 2012. 502 24th 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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