NOT LISTED FOR SALE

642 Pleasure Ave Unit 16 Ocean City, NJ 08226

Estimated Value: $765,000 - $1,454,000

3 Beds
3 Baths
-- Sq Ft
0.62 Acres

Last Sold December 02, 2020

Last sale price $975,000

Est. 29% increase in value since last sale

Current estimated payment $7,156/month

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • End Unit
  • Ocean City Primary School Rated A
  • Unit is on the top floor
  • Eat-In Kitchen

About This Home

As of December 2020

Gorgeous END unit open bayfront with spectacular views! Features 3 spacious bedrooms and 3 full baths, gas heat, central air. Custom kitchen with Quartz counter tops, tile backsplash, center island with wine cooler & additional seating, stainless steel appliances, large living and dining area for entertaining with gas fireplace, beautiful flooring and more! Huge master suite with wood burning fireplace, sitting area and views galore! Two rear decks with corner views of the open bay for those breathtaking sunsets! Exterior features include private storage, 2-car parking, newer-bulkhead, deep boat slip, deck, walkways, vinyl siding, plush landscaping and paved parking lot. One of a kind location with one of a kind views!

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 10/15/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

LARYN CRISCI

BHHS FOX and ROACH-Simpson OC License #1756525

BHHS FOX and ROACH-Simpson OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1981

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Family Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Location

  • Unit is on the top floor

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management
  • Sunset Harbour Condos

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,367

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 10/15/2020
  • Year Built: 1981
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Family Room
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Other Rooms: Eat In Kitchen
  • Common Area Features: Dock/Boat Slip

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Carport

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management
  • Condo Name: Sunset Harbour
  • Management: Association

Lot Info

  • Location: Bay Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Hess Charles P
Bought by
Madrigale Arnold J and Madrigale Denise R
Current Estimated Value
$1,253,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$535,228
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$718,014

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 30, 2020
Sold by
Hawthorne Paul B and Hawthorne Susan P
Bought by
Hess Charles P
Seller's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
LARYN CRISCI
BHHS FOX and ROACH-Simpson OC
List Price
$999,900
Sold Price
$975,000
Premium/Discount to List
-$24,900
-2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Nov 13, 1981
Bought by
Maussner Spencer
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
Madrigale Arnold J $1,260,000 Freedom Title
Madrigale Arnold J $1,260,000 Freedom Title
Hess Charles P $975,000 Misc Company
Maussner Spencer $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigale Arnold J $560,000
Closed Madrigale Arnold J $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2020 12/02/20 Sold $975,000 -2.5% --
10/24/2020 10/24/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $999,900 +37.9% --
04/12/2019 04/12/19 Sold $725,000 -7.0% -- View Prior Sale
03/01/2019 03/01/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $779,900 -- --
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 $6,367 $567,500 $272,500 $295,000
2024 $6,367 $567,500 $272,500 $295,000
2023 $6,078 $567,500 $272,500 $295,000
2022 $4,936 $479,700 $272,500 $207,200
2021 $4,821 $479,700 $272,500 $207,200
2020 $4,691 $479,700 $272,500 $207,200
2019 $4,405 $455,500 $272,500 $183,000
2018 $4,364 $455,500 $272,500 $183,000
2017 $4,295 $455,500 $272,500 $183,000
2016 $4,131 $455,500 $272,500 $183,000
2015 $4,077 $455,500 $272,500 $183,000
2014 $4,018 $455,500 $272,500 $183,000
Source: Public Records

Agents Affiliated with this Home

  • Dean Chorin

    Seller's Agent in 2020

    Dean Chorin

    BHHS Fox & Roach

    (609) 602-0313

    144 in this area

    175 Total Sales

    Dean Chorin
    Section Image
  • LARYN CRISCI

    Buyer's Agent in 2020

    LARYN CRISCI

    BHHS Fox & Roach

    (610) 368-8416

    20 in this area

    24 Total Sales

    LARYN CRISCI
    Section Image
  • Peter Madden

    Seller's Agent in 2019

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    125 in this area

    146 Total Sales

    Peter Madden
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543518

South Jersey Shore Regional MLS

APN: 08-00610-0000-00001-0000-C16

New Jersey Cape May County Ocean City 08226

642 Pleasure Ave Unit 16, Ocean City, NJ

This home is located at 642 Pleasure Ave Unit 16, Ocean City, NJ 08226 since 15 October 2020 and is currently estimated at $1,253,242. This property was built in 1981. 642 Pleasure Ave Unit 16 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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