NOT LISTED FOR SALE

701 Moore Ave Ocean City, NJ 08226

Estimated Value: $981,090 - $1,202,000

3 Beds
2.5 Baths
1,422 Sq Ft
$797/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $725,000 $510 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,358/month

Highlights

  • Primary bedroom faces the bay
  • Water Oriented
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of November 2020

This Stunning North End single with bay views offers 3 bedrooms, 2.5 bathrooms and is loaded with many options and extras. It is suitably situated on a large corner lot complete with a fenced-in dog run. Upon walking up to the beautifully appointed exterior with mahogany steps, you will be greeted by the wrap around and gated front porch which is a perfect place to relax and enjoy the outdoors! On the Main level, you will enter the home and see the inviting living room which features a gas-fireplace and is open to the dining area. The open dining area leads to the updated kitchen and has access to the EZBreeze 3 Season room. The beautiful/bright kitchen features; Stainless Steel appliances, Granite countertops, Upgraded cabinets, a Trash compactor and an island. Also, on the Main Level is the well-appointed half bathroom with a granite vanity. On the Second Level you will find the Primary Bedroom Suite which features; a walk-in closet, access to a private Balcony with Bay views, and a private Bathroom which has been nicely updated with upgraded tile, a designer collection self-heating/cleaning Whirlpool tub, and a separate shower. There are also 2 more wonderful bedrooms and a full hall bathroom with a shower tub. Additional features include; a security system, central air, gas heat, ceiling fans, crown molding throughout the entire first level, convenient interior stair access to the garage from the living area, plantation shutters throughout both levels, and Pella storm doors. On the lower level is the 1 1/2 car garage with 2 driveways, sprinkler system and 400 Sq. Ft. of enclosed storage space. Don't miss your opportunity to see this beautiful home!

Last Agent to Sell the Property

Naoji Moriuchi

(609) 781-0080 naoji.moriuchi@compass.com Compass New Jersey, LLC - Moorestown License #336501 Listed on: 09/29/2020

Compass New Jersey, LLC - Moorestown

Co-Listed By

Dave Castorino

(609) 304-5307 david.castorino@compass.com Compass New Jersey, LLC - Moorestown

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 2006

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 40.00 x 65.00
  • Property is Fully Fenced
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,422 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony
  • Screened Patio
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ocean City Subdivision

Listing and Financial Details

  • Tax Lot 00010 02
  • Assessor Parcel Number 08-00710-00010 02

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Kitchen appliances, Washer, Dryer, Fixtures, and Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-29
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: This Stunning North End single with bay views offers 3 bedrooms, 2.5 bathrooms and is loaded with many options and extras. It is suitably situated on a large corner lot complete with a fenced-in dog run. Upon walking up to the beautifully appointed exterior with mahogany steps, you will be greeted by the wrap around and gated front porch which is a perfect place to relax and enjoy the outdoors! On the Main level, you will enter the home and see the inviting living room which features a gas-fireplace and is open to the dining area. The open dining area leads to the updated kitchen and has access to the EZBreeze 3 Season room. The beautiful/bright kitchen features; Stainless Steel appliances, Granite countertops, Upgraded cabinets, a Trash compactor and an island. Also, on the Main Level is the well-appointed half bathroom with a granite vanity. On the Second Level you will find the Primary Bedroom Suite which features; a walk-in closet, access to a private Balcony with Bay views, and a private Bathroom which has been nicely updated with upgraded tile, a designer collection self-heating/cleaning Whirlpool tub, and a separate shower. There are also 2 more wonderful bedrooms and a full hall bathroom with a shower tub. Additional features include; a security system, central air, gas heat, ceiling fans, crown molding throughout the entire first level, convenient interior stair access to the garage from the living area, plantation shutters throughout both levels, and Pella storm doors. On the lower level is the 1 1/2 car garage with 2 driveways, sprinkler system and 400 Sq. Ft. of enclosed storage space. Don't miss your opportunity to see this beautiful home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors, Primary Bedroom - Bay Front
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1422
  • Living Area Sq Ft: 1422
  • Price Per Sq Ft: 509.85
  • Above Grade Finished Sq Ft: 1422
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Lawn Sprinkler, Sidewalks, Street Lights
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area, Inside Access, Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 264300.00
  • Land Assessed Value: 147700.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 40.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2600.00
  • Outdoor Living Structures: Balcony, Porch(es), Screened, Wrap Around
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4665811
  • Tax Annual Amount: 3984.00
  • Assessor Parcel Number: 08-00710-00010 02
  • Tax Lot: 00010 02
  • Tax Total Finished Sq Ft: 1422
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/13/2020

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 13, 2020
Sold by
Castorino-Buker Donna and Buker Robert
Bought by
Roesch Martin P and Roesch Judith L
Seller's Agent
Naoji Moriuchi
Compass New Jersey, LLC - Moorestown
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,133,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,773
Avg. Annual Appreciation
9.43%
Original Mortgage
$510,400
Outstanding Balance
$454,183
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$679,590

Purchase Details

Closed on
Aug 9, 2012
Sold by
Castorino John and Castorino Donna
Bought by
Castorino Donna

Purchase Details

Closed on
Mar 28, 2008
Sold by
Borger Dallas W and Borger Kathleen J
Bought by
Castorino John and Castorino Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Colleen Michelle Llc
Bought by
Borger Dallas W and Borger Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.87%
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
Roesch Martin P $725,000 Freedom Title
Castorino Donna -- None Available
Castorino John $557,000 North American Title Agency
Borger Dallas W $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roesch Martin P $510,400
Previous Owner Castorino John $200,000
Previous Owner Borger Dallas W $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $725,000 0.0% $510 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $725,000 -- $510 / Sq Ft
Source: Bright 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 $4,938 $440,100 $147,700 $292,400
2024 $4,938 $440,100 $147,700 $292,400
2023 $4,713 $440,100 $147,700 $292,400
2022 $4,529 $440,100 $147,700 $292,400
2021 $3,214 $440,100 $147,700 $292,400
2020 $4,029 $412,000 $147,700 $264,300
2019 $3,984 $412,000 $147,700 $264,300
2018 $3,947 $412,000 $147,700 $264,300
2017 $3,885 $412,000 $147,700 $264,300
2016 $3,737 $412,000 $147,700 $264,300
2015 $3,687 $412,000 $147,700 $264,300
2014 $3,634 $412,000 $147,700 $264,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM104490

Bright MLS

APN: 08-00710-0000-00010-02