NOT LISTED FOR SALE

510 E 16th St Unit 510 Ocean City, NJ 08226

Estimated Value: $731,349 - $1,106,000

3 Beds
1.5 Baths
-- Sq Ft
1,960 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $475,000

Est. 80% increase in value since last sale

Current estimated payment $4,899/month

95 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of July 2020

Adorable town-home in the great 16th street neighborhood! Eight homes separate you from one of the best beaches in town! Enjoy everything Ocean City has to offer, great family town, incredible beaches, steps to the beach and boardwalk. Gas heat/central Air, updated kitchen. Walking distance to community center and Library. Currently 3 weeks booked.

Last Agent to Sell the Property

John Kotakis

FOX REAL ESTATE-Brighton Listed on: 03/01/2020

Last Buyer's Agent

John Kotakis

FOX REAL ESTATE-Brighton Listed on: 03/01/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1932

Lot Details

  • 1,960

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Blinds
  • Dining Room
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Utilities

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

Community Details

Overview

  • 16Th St Condos

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,101

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Furnished
  • Lvt Date: 03/01/2020
  • Year Built: 1932
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Condo/Co-op/Association

  • Condo Name: 16th St
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2017
Sold by
Capanna Charles L and Capanna Pamela
Bought by
Swietlik Joseph I and Swietlik Marguerite
Current Estimated Value
$856,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,200
Outstanding Balance
$283,098
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$572,989

Purchase Details

Closed on
Mar 11, 2011
Sold by
Tonelli Joseph A and Miller Tonelli Teresa A
Bought by
Capanna Charles L and Capanna Pamela
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
Swietlik Joseph I $378,000 None Available
Capanna Charles L $388,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swietlik Joseph I $340,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $475,000 -5.0% --
06/04/2020 06/04/20 Pending -- -- --
03/18/2020 03/18/20 Price Changed $499,900 -3.8% --
03/01/2020 03/01/20 For Sale $519,900 -- --
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 $4,101 $365,500 $232,900 $132,600
2024 $4,101 $365,500 $232,900 $132,600
2023 $3,915 $365,500 $232,900 $132,600
2022 $3,761 $365,500 $232,900 $132,600
2021 $3,673 $365,500 $232,900 $132,600
2020 $3,575 $365,500 $232,900 $132,600
2019 $3,534 $365,500 $232,900 $132,600
2018 $3,501 $365,500 $232,900 $132,600
2017 $3,447 $365,500 $232,900 $132,600
2016 $3,315 $365,500 $232,900 $132,600
2015 $3,271 $365,500 $232,900 $132,600
2014 $3,224 $365,500 $232,900 $132,600
Source: Public Records

Agents Affiliated with this Home

  • John Kotakis

    Seller's Agent in 2020

    John Kotakis

    FOX REAL ESTATE-Brighton

    (609) 703-0288

    46 in this area

    57 Total Sales

    John Kotakis
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534671

South Jersey Shore Regional MLS

APN: 08-01602-0000-00017-0000-C510

New Jersey Cape May County Ocean City 08226

510 E 16th St Unit 510, Ocean City, NJ

This home is located at 510 E 16th St Unit 510, Ocean City, NJ 08226 since 01 March 2020 and is currently estimated at $856,087. This property was built in 1932. 510 E 16th St Unit 510 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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