NOT LISTED FOR SALE

503 Gull Rd Ocean City, NJ 08226

Estimated Value: $1,553,443 - $1,747,000

-- Bed
-- Bath
1,321 Sq Ft
$1,219/Sq Ft Est. Value

About This Home

This home is located at 503 Gull Rd, Ocean City, NJ 08226 and is currently estimated at $1,610,111, approximately $1,218 per square foot. 503 Gull Rd 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Clifford John F and Clifford Dorothy A
Bought by
Gerardi Michael and Gerardi Kimberly
Current Estimated Value
$1,610,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$649,457
Interest Rate
3.15%
Mortgage Type
Balloon
Estimated Equity
$971,332

Purchase Details

Closed on
Jun 3, 2005
Sold by
Mahoney William J and Mahoney Margaret M
Bought by
Dolaway John R and Dolaway Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,250
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 19, 1990
Sold by
Patrick Leonard and Patrick Karen
Bought by
Mahoney William and Mahoney Margaret
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gerardi Michael $1,169,000 Dougherty Joseph R
Dolaway John R $831,000 The Title Company Of Jersey
Mahoney William $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerardi Michael V $800,000
Previous Owner Dolaway John R $623,250
Source: Public Records

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 $7,421 $661,400 $486,800 $174,600
2024 $7,421 $661,400 $486,800 $174,600
2023 $7,084 $661,400 $486,800 $174,600
2022 $6,062 $589,100 $486,800 $102,300
2021 $5,920 $589,100 $486,800 $102,300
2020 $5,624 $575,100 $486,800 $88,300
2019 $5,561 $575,100 $486,800 $88,300
2018 $5,509 $575,100 $486,800 $88,300
2017 $5,423 $575,100 $486,800 $88,300
2016 $5,216 $575,100 $486,800 $88,300
2015 $5,147 $575,100 $486,800 $88,300
2014 $6,526 $739,900 $617,100 $122,800
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

503 Gull Rd, Ocean City, NJ

This home is located at 503 Gull Rd, Ocean City, NJ 08226 and is currently estimated at $1,610,111, approximately $1,218 per square foot. 503 Gull Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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