J
Seller's Agent in 2015
John Woolam
BHHS Fox & Roach
(609) 665-2031
5 in this area
7 Total Sales
7 Gilbert Ln Ocean City, NJ 08226
Estimated Value: $2,702,000 - $3,582,000
8
Beds
4
Baths
3,136
Sq Ft
$959/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Boat Slip
- Deck
- Ocean City Primary School Rated A
- Home fronts a lagoon or estuary
- Family Room with Fireplace
About This Home
As of February 2015Rehab or build your dream house on the lagoon in the Riviera section of Ocean City. 4 boat slips, newer bulkhead, near the end of the lagoon, and deep water. One of the finest lagoon front communities in the entire South Jersey Shore. Tastefully landscaped, the home offers 8 BR's, a living room on each floor, plus a great room over looking the deck and lagoon. With a kitchen, living area, and 2 BA's on each floor the lay out accommodates 2 complete living areas.
Last Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE License #00000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,628
Year Built
- Built in 1982
Lot Details
- Lot Dimensions are 50 x 100
- Home fronts a lagoon or estuary
- Property Fronts a Bay or Harbor
Home Design
- Stucco
Interior Spaces
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Shades
- Drapes & Rods
- Blinds
- Family Room with Fireplace
- Great Room
- Dining Room
- Den
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- In-Law or Guest Suite
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Boat Slip
- Deck
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2014
Closed on
Mar 12, 2015
Sold by
Milne Jack H and Beverly Milne Ryan Living Trus
Bought by
Guzzo David
Seller's Agent
John Woolam
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$980,000
Sold Price
$980,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,028,242
Avg. Annual Appreciation
11.09%
Original Mortgage
$417,000
Outstanding Balance
$318,434
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,689,808
Purchase Details
Closed on
May 26, 2004
Sold by
Milne Ryan Beverly and Milne Beverly K
Bought by
Milne Ryan Beverly and Beverly Milne Ryan Living Trus
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guzzo David | $980,000 | Old Republic Natl Title Ins | |
| Milne Ryan Beverly | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guzzo David | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2015 02/27/15 | Sold | $980,000 | 0.0% | $313 / Sq Ft |
| 01/09/2015 01/09/15 | Pending | -- | -- | -- |
| 11/22/2014 11/22/14 | For Sale | $980,000 | -- | $313 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $11,628 | $1,036,400 | $770,000 | $266,400 |
| 2024 | $11,628 | $1,036,400 | $770,000 | $266,400 |
| 2023 | $11,100 | $1,036,400 | $770,000 | $266,400 |
| 2022 | $10,665 | $1,036,400 | $770,000 | $266,400 |
| 2021 | $10,136 | $1,036,400 | $770,000 | $266,400 |
| 2020 | $10,136 | $1,036,400 | $770,000 | $266,400 |
| 2019 | $10,022 | $1,036,400 | $770,000 | $266,400 |
| 2018 | $9,929 | $1,036,400 | $770,000 | $266,400 |
| 2017 | $9,773 | $1,036,400 | $770,000 | $266,400 |
| 2016 | $9,400 | $1,036,400 | $770,000 | $266,400 |
| 2015 | $9,276 | $1,036,400 | $770,000 | $266,400 |
| 2014 | $9,141 | $1,036,400 | $770,000 | $266,400 |
Source: Public Records
Agents Affiliated with this Home
-
John Woolam
-
A
Buyer's Agent in 2015
AGENT NON-MEMBER
NON-MEMBER OFFICE
Map
Source: South Jersey Shore Regional MLS
MLS Number: 439478
APN: 08-02213-0000-00015
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