NOT LISTED FOR SALE

608 15th St Ocean City, NJ 08226

Estimated Value: $2,572,000 - $5,341,075

-- Bed
-- Bath
-- Sq Ft
5,140 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $3,950,000

Est. 8% decrease in value since last sale

Current estimated payment $21,784/month

Highlights

  • Ocean View
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • 1 Car Attached Garage

About This Home

As of August 2020

Custom Georgetti Built Side-by-Side Duplex With Sweeping Ocean Views! Over 5600 Sq/Ft and Loaded with Upgrades. Rental Potential of $225k+/season (West Unit Generating $100k+/season alone). Sold Furnished and Turn Key. This a One-of-a-Kind Property in OCNJ That Will Be Hard Matched to Duplicate.

Last Agent to Sell the Property

ZACHERY FEINSTEIN

Compass New Jersey-Ocean City (O463E) Listed on: 07/10/2020

Compass New Jersey-Ocean City (O463E)

Co-Listed By

Kurt Feinstein

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,851

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 50x103
  • Building is beachfront but unit may not have water views
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Ocean Views
  • Crawl Space

Kitchen

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,851

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Furnished, Security System
  • Lvt Date: 07/11/2020
  • Year Built: 2016
  • Age: 2 To 5 Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Dining Room, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Deck, Fenced Yard, Handicap Access, Ocean View, Outside Shower, Patio, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Beach Block, Boardwalk Area
  • Lot Dimensions: 50x103

Rental Info

  • Rental Information: Seasonal, Weekly

Multi Family

  • Number Of Units: 2
  • Separate Meters: Cable Tv, Electric, Gas, Hot Water, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 10, 2020
Sold by
Briggs Charles S and Briggs Lynn A
Bought by
Pain Stake & Lee Llc
Seller's Agent
ZACHERY FEINSTEIN
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$4,000,000
Sold Price
$3,950,000
Premium/Discount to List
-$50,000
-1.25%
Current Estimated Value
$3,633,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$316,975
Avg. Annual Appreciation
-1.64%

Purchase Details

Closed on
Sep 19, 2012
Sold by
Mcnichol Joan F
Bought by
Briggs Charles S and Briggs Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.44%
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
Pain Stake & Lee Llc $3,950,000 Freedom Title
Briggs Charles S $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briggs Charles S $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $3,950,000 -1.3% --
07/10/2020 07/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $4,000,000 +281.0% --
11/30/2012 11/30/12 Sold $1,050,000 0.0% --
07/15/2012 07/15/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $1,050,000 -- --
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 $23,851 $2,125,800 $861,700 $1,264,100
2024 $23,851 $2,125,800 $861,700 $1,264,100
2023 $22,767 $2,125,800 $861,700 $1,264,100
2022 $21,874 $2,125,800 $861,700 $1,264,100
2021 $15,854 $2,125,800 $861,700 $1,264,100
2020 $20,790 $2,125,800 $861,700 $1,264,100
2019 $20,556 $2,125,800 $861,700 $1,264,100
2018 $20,365 $2,125,800 $861,700 $1,264,100
2017 $8,126 $861,700 $861,700 $0
2016 $7,816 $861,700 $861,700 $0
2015 $9,334 $1,042,900 $861,700 $181,200
2014 $9,198 $1,042,900 $861,700 $181,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539100

South Jersey Shore Regional MLS

APN: 08-01501-0000-00010