NOT LISTED FOR SALE

53 Walnut Rd Ocean City, NJ 08226

Estimated Value: $2,621,374 - $4,646,000

4 Beds
2.5 Baths
2,108 Sq Ft
$1,585/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2014

Last sale price $1,125,000 $534 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $18,604 / mo

26 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Furnished
  • Ocean City Primary School Rated A
  • Recreation Room
  • Screened Porch

About This Home

As of October 2014

Bayfront single family on Walnut Road on a large lot. 4 bedrooms, 2.5 baths + family room. Deep water for a large boat.

Last Agent to Sell the Property

PATRICIA WADSWORTH

Compass New Jersey-Ocean City (O463H) License #SP-8332478 Listed on: 07/18/2014

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 79x105
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Recreation Room
  • Screened Porch
  • Storage
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Boat Slip

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Furnished
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In
  • Flooring: Vinyl, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Recreation/Family

Exterior Features

  • Outside Features: Boat Slip, Porch Enclosed, Porch Screened, Sprinkler System
  • Siding Exterior: Wood Shingle
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded
  • Lot Dimensions: 79x105
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Oct 23, 2014
Sold by
53 Walnut Road Llc
Bought by
Gallagher Edward F and Gallagher Jane A
Seller's Agent
PATRICIA WADSWORTH
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$3,340,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,215,844
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Dec 27, 2006
Sold by
Gessner Edward H
Bought by
Walnut Road Llc

Purchase Details

Closed on
Feb 13, 1990
Sold by
Gessner Edward
Bought by
Gessner,Edward Trustee
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
Gallagher Edward F $1,125,000 The Title Company Of Jersey
Walnut Road Llc -- None Available
Gessner,Edward Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $1,125,000 0.0% $534 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $1,125,000 -- $534 / 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 $10,704 $954,000 $903,000 $51,000
2024 $10,704 $954,000 $903,000 $51,000
2023 $10,217 $954,000 $903,000 $51,000
2022 $9,817 $954,000 $903,000 $51,000
2021 $9,588 $954,000 $903,000 $51,000
2020 $9,330 $954,000 $903,000 $51,000
2019 $9,225 $954,000 $903,000 $51,000
2018 $9,139 $954,000 $903,000 $51,000
2017 $8,996 $954,000 $903,000 $51,000
2016 $8,595 $947,600 $903,000 $44,600
2015 $8,481 $947,600 $903,000 $44,600
2014 $8,358 $947,600 $903,000 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 432612

South Jersey Shore Regional MLS

APN: 08-01911-0000-00012

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