NOT LISTED FOR SALE

708 E 6th St Ocean City, NJ 08226

Estimated Value: $662,000 - $1,112,000

4 Beds
2 Baths
-- Sq Ft
1,089 Sq Ft Lot

Last Sold February 12, 2020

Last sale price $350,000

Est. 135% increase in value since last sale

Current estimated payment $4,600/month

77 Days on Market

Highlights

  • Furnished
  • Porch
  • Storage
  • Ocean City Primary School Rated A
  • Laundry Room
  • 3-minute walk to Veterans Memorial Park

About This Home

As of February 2020

This four bedroom, two bathroom single family home offers a tremendous amount of opportunity and potential. Located just a short walk to the 6th Street beach, boardwalk and downtown Asbury Ave., you can enjoy the shore life at it's finest. Featuring a living space, large dining room, and spacious kitchen, you will find that there is room for the entire family. The bedrooms also offer plenty of space to spread out and stay awhile. Go up to the attic and you will find that the possibilities are endless- create a master suite, add two more bedrooms, use for family storage... whatever your goals may be, you'll have the space to get it done. The attic also has the ground work laid for a third bathroom! Schedule your tour today as this opportunity won't last long.

Last Agent to Sell the Property

Thomas Palermo

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #SB-7818322 Listed on: 10/18/2019

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

VALERIE WOODLAND

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Jim Murray

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 49'x22'
  • Fenced

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Storage In Attic

Kitchen

  • Stove
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Window Unit Cooling System
  • No Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Furnished
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Vinyl, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Porch
  • Siding Exterior: Brick, Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: No Heating
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 49'x22'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Feb 12, 2020
Sold by
Carlson Lind
Bought by
Teofanov Anguel and Vasseva Mira
Seller's Agent
Thomas Palermo
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jim Murray
Keller Williams Realty Jersey Shore-Ocean City
List Price
$449,000
Sold Price
$350,000
Premium/Discount to List
-$99,000
-22.05%
Current Estimated Value
$821,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,430
Avg. Annual Appreciation
16.80%
Original Mortgage
$280,000
Outstanding Balance
$247,920
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$618,746

Purchase Details

Closed on
May 20, 1977
Bought by
Carlson Robert Lind and Carlson Marjorie F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teofanov Anguel $350,000 None Available
Carlson Robert Lind $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teofanov Anguel $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $350,000 -17.6% --
01/03/2020 01/03/20 Pending -- -- --
12/16/2019 12/16/19 Price Changed $425,000 -5.3% --
10/18/2019 10/18/19 For Sale $449,000 -- --
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 $3,346 $298,200 $177,400 $120,800
2024 $3,346 $298,200 $177,400 $120,800
2023 $3,194 $298,200 $177,400 $120,800
2022 $3,068 $298,200 $177,400 $120,800
2021 $2,971 $289,300 $177,400 $111,900
2020 $2,829 $289,300 $177,400 $111,900
2019 $2,798 $289,300 $177,400 $111,900
2018 $2,771 $289,300 $177,400 $111,900
2017 $2,728 $289,300 $177,400 $111,900
2016 $2,624 $289,300 $177,400 $111,900
2015 $2,589 $289,300 $177,400 $111,900
2014 $2,552 $289,300 $177,400 $111,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Palermo

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 442-0454

    2 Total Sales

    Thomas Palermo
    Section Image
  • VALERIE WOODLAND

    Seller Co-Listing Agent in 2020

    VALERIE WOODLAND

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 226-2611

    6 Total Sales

    VALERIE WOODLAND
    Section Image
  • Jim Murray

    Buyer's Agent in 2020

    Jim Murray

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 338-8974

    44 in this area

    59 Total Sales

    Jim Murray
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 529525

South Jersey Shore Regional MLS

APN: 08-00601-0000-00015

New Jersey Cape May County Ocean City 08226

708 E 6th St, Ocean City, NJ

Not Listed for Sale

Detached

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