Seller's Agent in 2022
Michael Contino
BHHS Fox & Roach
(609) 335-9100
362 in this area
420 Total Sales
505 E Atlantic Blvd Ocean City, NJ 08226
Estimated Value: $2,721,000 - $4,050,840
6
Beds
8
Baths
2,072
Sq Ft
$1,583/Sq Ft
Est. Value
Highlights
- Water Views
- New Construction
- Multiple Fireplaces
- Ocean City Primary School Rated A
- Deck
- Cathedral Ceiling
About This Home
As of November 2022*$10,000 in upgrades given to any buyer within the next 30 days!* JUST LISTED! Stunning New Construction Single Family Custom Home that will be ready in Q2 of 2022! Once you step foot inside this new construction masterpiece, you'll instantly fall in love. The open floor plan layout has been brilliantly designed by the renowned architect, and features a luxury exterior with a high-end, timeless façade, and stunning views from all of the opulent decks. This beach chateau features 6 spacious bedrooms, 6 full baths, and 2 half baths, as well as a luxury residential ELEVATOR servicing all floors! The home also features a private backyard oasis with magnificent DESIGNER POOL! As you move through the home, Gourmet Chef's kitchen flows eloquently into the grand dining and living room spaces. Tons of windows majestically light up each interior living space, and the timeless materials and color sections make you feel like you're on an extravagant vacation every time you step inside. The home also features beautiful hardwood flooring, 2-zone gas heat and C/A, an oversized, custom 2-car detached garage, en-suite bathrooms in every bedroom, and more! This spectacular build is an absolute must see - reach out soon while there's still time to pick out your selections! See you on the Beach!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,818
Year Built
- Built in 2021 | New Construction
Lot Details
- Lot Dimensions are 65 x 100
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Elevator
- Cathedral Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Gas Log Fireplace
- Insulated Windows
- Great Room
- Living Room with Fireplace
- Dining Room
- Den
- Storage
- Water Views
- Crawl Space
- Storage In Attic
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Screens
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Car Detached Garage
- Parking Pad
- Automatic Garage Door Opener
Outdoor Features
- Outdoor Shower
- Deck
- Patio
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2021
Closed on
Nov 7, 2022
Sold by
V2 Properties Entity 7 Llc
Bought by
Dukart Michael S and Dukart Kimberly L
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
List Price
$3,595,000
Sold Price
$3,565,000
Premium/Discount to List
-$30,000
-0.83%
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$285,790
Avg. Annual Appreciation
-2.82%
Original Mortgage
$2,673,750
Outstanding Balance
$2,535,302
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$743,908
Purchase Details
Listed on
Mar 8, 2021
Closed on
May 27, 2021
Sold by
Hay Helen N Est
Bought by
V2 Prop Entity 7 Llc
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$2,499,000
Sold Price
$1,687,500
Premium/Discount to List
-$811,500
-32.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.10%
Original Mortgage
$2,044,250
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 13, 2018
Sold by
Frank L Hay Ft
Bought by
Hay Helenn
Purchase Details
Closed on
Aug 14, 2000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dukart Michael S | $3,565,000 | -- | |
| V2 Prop Entity 7 Llc | $1,687,500 | Freedom Title | |
| V2 Properties Entity 7 Llc | $1,687,500 | Freedom Title | |
| Hay Helenn | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dukart Michael S | $2,673,750 | |
| Previous Owner | V2 Properties Entity 7 Llc | $2,044,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $3,565,000 | -0.8% | $1,721 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 08/03/2021 08/03/21 | For Sale | $3,595,000 | +113.0% | $1,735 / Sq Ft |
| 05/27/2021 05/27/21 | Sold | $1,687,500 | -15.6% | $814 / Sq Ft |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- |
| 03/19/2021 03/19/21 | Price Changed | $1,999,000 | -20.0% | $965 / Sq Ft |
| 03/08/2021 03/08/21 | For Sale | $2,499,000 | -- | $1,206 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $25,818 | $2,301,100 | $807,500 | $1,493,600 |
| 2024 | $25,818 | $2,301,100 | $807,500 | $1,493,600 |
| 2023 | $8,648 | $807,500 | $807,500 | $0 |
| 2022 | $8,309 | $807,500 | $807,500 | $0 |
| 2021 | $9,067 | $927,100 | $807,500 | $119,600 |
| 2020 | $8,817 | $927,100 | $807,500 | $119,600 |
| 2019 | $8,715 | $927,100 | $807,500 | $119,600 |
| 2018 | $8,632 | $927,100 | $807,500 | $119,600 |
| 2017 | $8,493 | $927,100 | $807,500 | $119,600 |
| 2016 | $8,159 | $927,100 | $807,500 | $119,600 |
| 2015 | $8,048 | $927,100 | $807,500 | $119,600 |
| 2014 | $7,927 | $927,100 | $807,500 | $119,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Contino
-
Jason Frost
Buyer's Agent in 2022
Jason Frost
BHHS Fox & Roach
(609) 335-2845
140 in this area
170 Total Sales
-
JOSEPH SHEPPARD
Seller's Agent in 2021
JOSEPH SHEPPARD
BHHS Fox & Roach
(609) 602-0501
76 in this area
93 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 553895
APN: 08-00070-54-00007
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© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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