NOT LISTED FOR SALE

509 E 16th St Unit 1 Ocean City, NJ 08226

Ocean City Area

Estimated Value: $1,148,401

3 Beds
1.5 Baths
-- Sq Ft
2,701 Sq Ft Lot

Sale Details

Date Sold: May 24, 2019

Last sale price $392,500

Est. 193% increase in value since last sale

Current estimated payment $6,447 / mo

209 Days on Market

Highlights

  • Furnished
  • Ground Level Unit
  • Dining Room
  • Ocean City Primary School Rated A
  • Forced Air Heating and Cooling System
  • Community Deck or Porch

About This Home

As of May 2019

Charming 1st floor condo located only a short distance to Ocean City's 16th street beach and bardwalk. This 3 bedrooms 1 1/2 baths 1st floor condo is a great property. Park your car and walk to all of Ocean City's finest attractions! Property features large enclosed front deck, central air, and much more!

Last Agent to Sell the Property

Chip Collins

BERGER REALTY-Main Listed on: 09/14/2018

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,534

Lot Details

  • 2,701

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Dining Room
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 2-c1 / 1502

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,534

Lot Details

2,701 Sq Ft Lot

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Dining Room
  • Common Area Features: Enclsd/Covered Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Lot Number: 2-c1

Rental Info

  • Pets: Yes

Tax Info

  • Year: 2017
  • Taxes: 3534

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2004
Sold by
Fleming Lyne M
Bought by
Current Estimated Value
$1,148,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$122,811
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,025,590
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, NJ

  • Cindy Kaczmarski Real Estate Agent - Compass New Jersey, LLC - Ocean City

    Cindy Kaczmarski

    Responds Quickly

    Compass New Jersey, LLC - Ocean City

    (609) 733-5821

    83 Total Sales

    8 in Ocean City

    $221K - $935K Price Range

    Cindy Kaczmarski
     Section Image
  • Zach French Real Estate Agent - Compass New Jersey-Ocean City (O463E)

    Zach French

    Compass New Jersey-Ocean City (O463E)

    (609) 554-5810

    38 Total Sales

    22 in Ocean City

    $340K - $2.1M Price Range

    Zach French
     Section Image
  • Natalia Fogelstrom Real Estate Agent - Opus Elite Real Estate

    Natalia Fogelstrom

    Opus Elite Real Estate

    (888) 899-7691

    61 Total Sales

    1 in Ocean City

    $1,290,000 Price

    Natalia Fogelstrom
     Section Image
  • Carie Ann Ochsenreither Real Estate Agent - SERHANT PENNSYLVANIA LLC

    Carie Ann Ochsenreither

    SERHANT PENNSYLVANIA LLC

    (484) 806-1268

    103 Total Sales

    7 in Ocean City

    $1.2M - $2.8M Price Range

    Carie Ann Ochsenreither
     Section Image
  • Tom Montague Real Estate Agent - Keller Williams Real Estate - Langhorne

    Tom Montague

    Keller Williams Real Estate - Langhorne

    (267) 481-8690

    42 Total Sales

    3 in Ocean City

    $653K - $1.8M Price Range

    Tom Montague
     Section Image
  • Janet Cantwell-Papale Real Estate Agent - Compass RE

    Janet Cantwell-Papale

    Compass RE

    (856) 460-5663

    102 Total Sales

    1 in Ocean City

    $1,310,000 Price

    Janet Cantwell-Papale
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 Congress Title Division
Molyneaux Dennis J $390,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $312,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $392,500 -1.9% --
04/11/2019 04/11/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $399,900 0.0% --
03/18/2019 03/18/19 Pending -- -- --
03/13/2019 03/13/19 Price Changed $399,900 -2.4% --
10/04/2018 10/04/18 Price Changed $409,900 -3.5% --
09/14/2018 09/14/18 For Sale $424,900 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,225 $376,600 $284,200 $92,400
2025 $4,225 $376,600 $284,200 $92,400
2024 $4,225 $376,600 $284,200 $92,400
2023 $4,033 $376,600 $284,200 $92,400
2022 $3,875 $376,600 $284,200 $92,400
2021 $2,809 $376,600 $284,200 $92,400
2020 $3,683 $376,600 $284,200 $92,400
2019 $3,624 $374,800 $284,200 $90,600
2018 $3,591 $374,800 $284,200 $90,600
2017 $3,534 $374,800 $284,200 $90,600
2016 $3,399 $374,800 $284,200 $90,600
2015 $3,354 $374,800 $284,200 $90,600
2014 $3,306 $374,800 $284,200 $90,600
Source: Public Records

Agents Affiliated with this Home

  • CC

    Seller's Agent in 2019

    Chip Collins

    BERGER REALTY-Main

    (800) 427-0076

    48 Total Sales

    Chip Collins
    Section Image
  • Robert Gullo Real Estate Agent - Fox Real Estate-Ocean

    Buyer's Agent in 2019

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    142 Total Sales

    Robert Gullo
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 511183

South Jersey Shore Regional MLS

APN: 08-01502-0000-00002-0000-C1

New Jersey Cape May County Ocean City 08226

509 E 16th St Unit 1, Ocean City, NJ

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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