NOT LISTED FOR SALE

511 E 16th St Ocean City, NJ 08226

Estimated Value: $1,688,000 - $1,977,000

3 Beds
3.5 Baths
943 Sq Ft
$1,921/Sq Ft Est. Value

Last Sold April 02, 2016

Last sale price $744,000 $789 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $10,643/month

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Ocean City Primary School Rated A
  • Storage
  • Outdoor Shower

About This Home

As of April 2016

Exceptional opportunity to own a SINGLE FAMILY HOME W/ ROOFTOP DECK steps to beach & boards. Located right off Wesley Avenue this custom built home offers 3 bedrooms, 3.5 baths! Reverse design allows for open vaulted ceilings on top level w/ Eat in kitchen w/ center island & granite countertops, spacious living rm, front porch & rooftop deck w/ views. Property is fully elevated w/ lg storage rm, 1st flr bath & garage + off street parking. Excellent rental history! Call for details! Why settle for a condo?

Last Agent to Sell the Property

Nicole Presnall

BHHS FOX and ROACH-Simpson OC Listed on: 01/15/2016

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Nicole Presnall

BHHS FOX and ROACH-Simpson OC Listed on: 01/15/2016

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,280

Year Built

  • Built in 2006

Lot Details

  • 1,742

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Storage

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 25 x 70

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,280

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds
  • Lvt Date: 01/15/2016
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Storage
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Powder Room Level: Main
  • Other Rooms: Dining Area

Exterior Features

  • Outside Features: Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 25 X 70
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Apr 2, 2016
Sold by
Mowery Susan
Bought by
Bradburd Keith R and Bradburd Trina
Seller's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Nicole Presnall
BHHS FOX and ROACH-Simpson OC
List Price
$744,000
Sold Price
$744,000
Current Estimated Value
$1,811,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,067,343
Avg. Annual Appreciation
9.92%
Original Mortgage
$65,000
Outstanding Balance
$51,677
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,759,666

Purchase Details

Closed on
Apr 6, 2011
Sold by
Mowery Robert Francis and Mowery Susan
Bought by
Mowery Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,113
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Bradburd Keith R $744,000 None Available
Mowery Susan -- Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradburd Keith R $65,000
Previous Owner Mowery Robert Francis $255,113
Previous Owner Mowery Robert F $265,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2016 04/02/16 Sold $744,000 0.0% $789 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $744,000 -- $789 / 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 $9,280 $827,100 $422,000 $405,100
2024 $9,280 $827,100 $422,000 $405,100
2023 $8,858 $827,100 $422,000 $405,100
2022 $8,511 $827,100 $422,000 $405,100
2021 $6,170 $827,100 $422,000 $405,100
2020 $8,089 $827,100 $422,000 $405,100
2019 $7,998 $827,100 $422,000 $405,100
2018 $7,924 $827,100 $422,000 $405,100
2017 $7,800 $827,100 $422,000 $405,100
2016 $7,502 $827,100 $422,000 $405,100
2015 $7,403 $827,100 $422,000 $405,100
2014 $7,295 $827,100 $422,000 $405,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 460996

South Jersey Shore Regional MLS

APN: 08-01502-0000-00025