NOT LISTED FOR SALE

703 Ocean Ave Ocean City, NJ 08226

Estimated Value: $533,000 - $1,318,000

-- Bed
-- Bath
2,816 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $240,975 $86 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $6,230/month

27 Days on Market

About This Home

As of January 2017

Great Investment opportunity in Ocean City! only one block to the boardwalk and beaches of Ocean City NJ. Dont miss out on this opportunity. Come check this one out!

Last Agent to Sell the Property

BRETT NEAL

Shoreside Realty LLC Listed on: 12/01/2016

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,091

Home Design

  • Triplex

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Allow Comsumer Comment: Yes
  • Special Features: 1092
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Dimensions: 0.04

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jan 4, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Granese Geancarlo
Seller's Agent
BRETT NEAL
Shoreside Realty LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$240,975
Sold Price
$240,975
Current Estimated Value
$1,093,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,678
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Sep 27, 2016
Sold by
Scarborough James L and Scarborough Lorraine J
Bought by
U S Bank Na

Purchase Details

Closed on
Jul 26, 2002
Sold by
Mcewen Malcolm F
Bought by
Scarborough James L and Scarborough Lorraine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
6.73%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Foster Glen R
Bought by
Ewen Malcolm K Mc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Granese Geancarlo $240,975 Freedom Title And Abstract
U S Bank Na $10,000 None Available
Scarborough James L $269,900 --
Ewen Malcolm K Mc $124,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarborough James L $215,900
Previous Owner Ewen Malcolm K Mc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $240,975 0.0% $86 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $240,975 -- $86 / 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 $5,718 $509,600 $300,700 $208,900
2024 $5,718 $509,600 $300,700 $208,900
2023 $5,458 $509,600 $300,700 $208,900
2022 $5,244 $509,600 $300,700 $208,900
2021 $5,121 $509,600 $300,700 $208,900
2020 $4,984 $509,600 $300,700 $208,900
2019 $4,928 $509,600 $300,700 $208,900
2018 $4,882 $509,600 $300,700 $208,900
2017 $4,806 $509,600 $300,700 $208,900
2016 $4,622 $509,600 $300,700 $208,900
2015 $4,561 $509,600 $300,700 $208,900
2014 $4,495 $509,600 $300,700 $208,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    BRETT NEAL

    Shoreside Realty LLC

    (856) 229-2229

    121 Total Sales

    BRETT NEAL
    Section Image

  • A

    Buyer's Agent in 2017

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 478524

South Jersey Shore Regional MLS

APN: 08-00703-0000-00002

New Jersey Cape May County Ocean City 08226

703 Ocean Ave, Ocean City, NJ

Not Listed for Sale

MultiFamily

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