NOT LISTED FOR SALE

608 E 6th St Ocean City, NJ 08226

Estimated Value: $1,064,462 - $1,205,000

5 Beds
4 Baths
1,886 Sq Ft
$609/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $478,750 $254 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,711/month

100 Days on Market

Highlights

  • Island Location
  • Deck
  • Porch
  • Ocean City Primary School Rated A
  • Corner Lot
  • 1-minute walk to Veterans Memorial Park

About This Home

As of July 2017

1st floor has a yearly tenant through the end of the summer season. Tenant pays $900/month plus utilities. Tenant would like to remain. 2nd floor has a strong summer rental history and has averaged about $17,000 for the season. Please provide 24 hour notice of showings to accommodate the first floor tenant. 2nd floor can be shown on shorter notice. 1st floor tenant does have a cat.

Last Agent to Sell the Property

JOSEPH SHEPPARD

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson Listed on: 03/13/2017

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 20x46
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,886 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 16 / 602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,374

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Island
  • District Township: 08-Ocean City
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1986
  • New Construction: No
  • Second Address Number: 608
  • Lot Size2: 20x46
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Total Sq Ft: 1886
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Porch

Utilities

  • Cooling: Central Air, Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public
  • Cable Available: Lease Information

Lot Info

  • Lot Number: 16
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 482200

Tax Info

  • Taxes: 4374

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Aug 17, 2017
Sold by
Sueann M Hall
Bought by
Ardelean Harris and Ardelean Christina
Seller's Agent
JOSEPH SHEPPARD
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$519,000
Sold Price
$478,750
Premium/Discount to List
-$40,250
-7.76%
Current Estimated Value
$1,149,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,616
Avg. Annual Appreciation
11.24%
Original Mortgage
$351,000
Outstanding Balance
$296,515
Interest Rate
3.89%
Estimated Equity
$833,082

Purchase Details

Closed on
May 13, 2005
Sold by
608 6Th Street Llc
Bought by
Hall Sueann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,310
Interest Rate
5.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 25, 2004
Sold by
Ashodian Henry
Bought by
608 6Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 1995
Sold by
Romeo Stephen J
Bought by
Ashodian Henry and Ashodian Nancy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ardelean Harris $478,750 --
Hall Sueann M $663,300 Congress Title Company
608 6Th Street Llc $300,000 The Title Company Of Jersey
Ashodian Henry $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardelean Harris $95,000
Open Ardelean Harris $351,000
Closed Ardelean Harris --
Closed Ardelean Harris $351,000
Previous Owner Hall Sueann M $464,310
Previous Owner 608 6Th Street Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $478,750 -7.8% $254 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $519,000 -- $275 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $5,390 $480,400 $137,300 $343,100
2024 $5,390 $480,400 $137,300 $343,100
2023 $5,145 $480,400 $137,300 $343,100
2022 $4,943 $480,400 $137,300 $343,100
2021 $3,371 $480,400 $137,300 $343,100
2020 $4,698 $480,400 $137,300 $343,100
2019 $4,645 $480,400 $137,300 $343,100
2018 $4,602 $480,400 $137,300 $343,100
2017 $4,547 $482,200 $137,300 $344,900
2016 $4,374 $482,200 $137,300 $344,900
2015 $4,316 $482,200 $137,300 $344,900
2014 $4,253 $482,200 $137,300 $344,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175146

Cape May County Association of REALTORS®

APN: 08-00602-0000-00016