NOT LISTED FOR SALE

7 Dolphin Ct Unit 7 Ocean City, NJ 08226

Estimated Value: $768,000 - $1,108,000

3 Beds
2.5 Baths
1,727 Sq Ft
915 Sq Ft Lot

Last Sold October 16, 2019

Last sale price $350,000 $203 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,928/month

57 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • End Unit

About This Home

As of October 2019

This is the best floor plan in Ocean Reef. 2 large master suites walk in closets in both master suites. Eat in Kitchen. Newer appliances. Gas heat Complex has 2 pools and 2 tennis courts as well as a bay front boardwalk. Seller is a licensed real estate agent in NJ

Last Agent to Sell the Property

MICHAEL RAYNO

BHHS FOX and ROACH-Simpson OC License #0448772 Listed on: 07/05/2019

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Stephen Booth

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,966

Lot Details

  • 915

Parking

  • 2 Parking Spaces

Home Design

  • Cedar Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include amenities, maintenance, management, trash, pool
  • Ocean Reef Condos

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,966

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Rugs
  • Lvt Date: 07/05/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Bedrooms: 3
  • Bedroom 1: Size: 17 x 14, On Level: Main
  • Bedroom 2: Size: 15 x 12, On Level: Main
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Family Room: Size: 12 x 11, On Level: Main
  • Kitchen: Size: 17 x 9, On Level: Main
  • Living Room: Size: 18 x 21, On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Outside Shower, Pool, Tennis Court

Exterior Features

  • Siding Exterior: Cedar, Stucco

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Maintenance, Management, Trash, Pool
  • Condo Name: Ocean Reef
  • Management: On-Site Professionals

Lot Info

  • Location: Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Master Bath, Skylight, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Oct 17, 2019
Sold by
Rayno Michael J and Rayno Patricia T
Bought by
Santo Gary and Santo Maria
Seller's Agent
MICHAEL RAYNO
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Stephen Booth
BHHS FOX and ROACH-109 34th OC
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Current Estimated Value
$876,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,541
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Mcavoy George C and Mcavoy Elizabeth D
Bought by
Rayno Michael J and Rayno Patricia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Santo Gary $350,000 --
Rayno Michael J $485,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rayno Michael J $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2019 10/16/19 Sold $350,000 -6.5% $203 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $374,500 -5.8% $217 / Sq Ft
08/09/2019 08/09/19 Price Changed $397,500 -0.6% $230 / Sq Ft
07/05/2019 07/05/19 For Sale $399,900 -- $232 / Sq Ft
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 $3,966 $353,500 $109,100 $244,400
2024 $3,966 $353,500 $109,100 $244,400
2023 $3,786 $353,500 $109,100 $244,400
2022 $3,638 $353,500 $109,100 $244,400
2021 $3,220 $353,500 $109,100 $244,400
2020 $3,457 $353,500 $109,100 $244,400
2019 $3,418 $353,500 $109,100 $244,400
2018 $3,387 $353,500 $109,100 $244,400
2017 $3,334 $353,500 $109,100 $244,400
2016 $3,206 $353,500 $109,100 $244,400
2015 $3,164 $353,500 $109,100 $244,400
2014 $3,118 $353,500 $109,100 $244,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MICHAEL RAYNO

    BHHS Fox & Roach

    Section Image
  • Stephen Booth

    Buyer's Agent in 2019

    Stephen Booth

    BHHS Fox & Roach

    (609) 425-5951

    10 in this area

    14 Total Sales

    Stephen Booth
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 524650

South Jersey Shore Regional MLS

APN: 08-03350-0000-00015-0000-C4

New Jersey Cape May County Ocean City 08226

7 Dolphin Ct Unit 7, Ocean City, NJ

This home is located at 7 Dolphin Ct Unit 7, Ocean City, NJ 08226 since 05 July 2019 and is currently estimated at $876,541, approximately $507 per square foot. 7 Dolphin Ct Unit 7 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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