NOT LISTED FOR SALE

512 E Atlantic Blvd Ocean City, NJ 08226

Estimated Value: $2,366,660 - $2,963,000

5 Beds
3.5 Baths
2,700 Sq Ft
$966/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $1,180,000 $437 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $14,667/month

32 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Ocean City Primary School Rated A
  • Great Room
  • Porch

About This Home

As of September 2015

Beautiful Gardens Single, close to the Beach! Large home with 5 bedrooms/3.5 baths. Open concept floor plan on main level. Features include: hardwood fls., gas fireplace, stainless appliances & custom cabinets in kitchen, junior master on first floor w/full bath. Second floor with 4 large bedrooms, large master bath and balcony off master bedroom. Step outside to a large covered porch, outside shower, detached garage and parking. A perfect home for vacationing or year round living!

Last Agent to Sell the Property

Mark Grimes

BHHS FOX and ROACH-109 34th OC Listed on: 06/23/2015

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Scott Kirkpatrick

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 58 x 82
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Storage
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Parking Pad
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

4,748 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 11 To 15 Years
  • Also Includes: Blinds, Partially Furnished
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Storage
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Great Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage: One Car, Detached Garage
  • Parking Exterior: Parking Pad

Utilities

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

Lot Info

  • Lot Dimensions: 58 x 82
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Sep 4, 2015
Sold by
Fratamico Arthur J and Fratamico Lisa A
Bought by
Mcnamara Jane and Herrold George
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Scott Kirkpatrick
BHHS FOX and ROACH-Simpson OC
List Price
$1,180,000
Sold Price
$1,180,000
Current Estimated Value
$2,607,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,427,915
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Sea Structures Llc
Bought by
Fratamico Arthur J and Fratamico Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2003
Sold by
Allgood Richard
Bought by
Sea Structures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6.09%

Purchase Details

Closed on
Jun 30, 1989
Sold by
Provident National Bank
Bought by
Allgood Richard and Allgood Kathleen

Purchase Details

Closed on
Aug 23, 1988
Sold by
Hirsh M Decd Provident Bnk Exec
Bought by
Provident National Ban Et Al Trst
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcnamara Jane $1,180,000 Attorney
Fratamico Arthur J $1,087,500 Shore Title Agency Inc
Sea Structures Llc $450,000 --
Allgood Richard $176,500 --
Provident National Ban Et Al Trst $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fratamico Arthur J $650,000
Previous Owner Sea Structures Llc $635,000
Closed Fratamico Arthur J $112,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $1,180,000 0.0% $437 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $1,180,000 -- $437 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $13,166 $1,173,400 $515,700 $657,700
2024 $13,166 $1,173,400 $515,700 $657,700
2023 $12,567 $1,173,400 $515,700 $657,700
2022 $12,074 $1,173,400 $515,700 $657,700
2021 $8,694 $1,173,400 $515,700 $657,700
2020 $11,476 $1,173,400 $515,700 $657,700
2019 $11,347 $1,173,400 $515,700 $657,700
2018 $11,241 $1,173,400 $515,700 $657,700
2017 $10,992 $1,165,600 $515,700 $649,900
2016 $10,572 $1,165,600 $515,700 $649,900
2015 $10,432 $1,165,600 $515,700 $649,900
2014 $10,281 $1,165,600 $515,700 $649,900
Source: Public Records

Agents Affiliated with this Home

  • Mark Grimes

    Seller's Agent in 2015

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    119 in this area

    153 Total Sales

    Mark Grimes
    Section Image

  • S

    Buyer's Agent in 2015

    Scott Kirkpatrick

    BHHS Fox & Roach

    (609) 602-0500

    18 in this area

    23 Total Sales

    Scott Kirkpatrick
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 450477

South Jersey Shore Regional MLS

APN: 08-00070-23-00012

New Jersey Cape May County Ocean City 08226

512 E Atlantic Blvd, Ocean City, NJ

Not Listed for Sale

Detached

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