NOT LISTED FOR SALE

705 Pennlyn Place Unit 7 Ocean City, NJ 08226

Estimated Value: $1,465,000 - $1,803,730

-- Bed
-- Bath
2,534 Sq Ft
$650/Sq Ft Est. Value

About This Home

This home is located at 705 Pennlyn Place Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,647,433, approximately $650 per square foot. 705 Pennlyn Place 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Wertz Frank I and Wertz Bonnie J
Bought by
F & B Wertz Family Llc
Current Estimated Value
$1,647,433

Purchase Details

Closed on
May 14, 2010
Sold by
Leach Terry and Leach Johanna
Bought by
Wertz Frank I and Wertz Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Kantruss Mackenzie A and Kantruss Michele Hennessey
Bought by
Leach Terry and Leach Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
F & B Wertz Family Llc -- None Available
Wertz Frank I $750,000 The Title Company Of Jersey
Leach Terry $875,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wertz Frank I $562,500
Previous Owner Leach Terry $700,000
Source: Public Records

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 $8,047 $717,200 $268,900 $448,300
2024 $8,047 $717,200 $268,900 $448,300
2023 $7,681 $717,200 $268,900 $448,300
2022 $7,380 $717,200 $268,900 $448,300
2021 $5,350 $717,200 $268,900 $448,300
2020 $7,014 $717,200 $268,900 $448,300
2019 $6,935 $717,200 $268,900 $448,300
2018 $6,871 $717,200 $268,900 $448,300
2017 $6,763 $717,200 $268,900 $448,300
2016 $6,505 $717,200 $268,900 $448,300
2015 $6,419 $717,200 $268,900 $448,300
2014 $6,326 $717,200 $268,900 $448,300
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

705 Pennlyn Place Unit 7, Ocean City, NJ

This home is located at 705 Pennlyn Place Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,647,433, approximately $650 per square foot. 705 Pennlyn Place 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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