NOT LISTED FOR SALE

718 Bay Ave Unit 20 Ocean City, NJ 08226

Estimated Value: $942,000 - $1,240,000

-- Bed
-- Bath
1,601 Sq Ft
$677/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $175,000 $109 Per Sq Ft

Est. 520% increase in value since last sale

Current estimated payment $6,193/month

122 Days on Market

Highlights

  • Porch
  • Ocean City Primary School Rated A
  • Baseboard Heating

About This Home

As of May 2014

Estate sale! Duplex (corner). First floor, 3 bedroom, 1 bath. Second floor, 2 bedroom, 1 bath. Two new gas heaters and two new water heaters. Parking, garage, must see! Bring offers!!

Last Agent to Sell the Property

Donna Ang

FOX REAL ESTATE-Brighton Listed on: 01/13/2014

Last Buyer's Agent

JOHN DALEY

FOX REAL ESTATE-Asbury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,543

Lot Details

  • 4,225

Home Design

  • Duplex
  • Asbestos Siding

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Stove
  • Porch
  • Lot Dimensions are 65x65

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,543

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Refrigerator

Exterior Features

  • Outside Features: Porch, Sidewalks
  • Siding Exterior: Asbestos
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 65x65

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Cable Tv, Electric, Gas, Heat, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Jel Property Solutions
Bought by
Palombo Daniel and Neville David B
Current Estimated Value
$1,084,179

Purchase Details

Closed on
Apr 30, 2015
Sold by
Clc Property Solutions Llc
Bought by
Jel Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2014
Sold by
Seger Christopher and Seger Lisa
Bought by
Clc Property Solutions Llc

Purchase Details

Listed on
Jan 13, 2014
Closed on
May 28, 2014
Sold by
Estate Of Mary E Nell
Bought by
Seger Christopher and Seger Lise
Seller's Agent
Donna Ang
FOX REAL ESTATE-Brighton
Buyer's Agent
JOHN DALEY
FOX REAL ESTATE-Asbury
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%

Purchase Details

Closed on
Oct 14, 2005
Sold by
Kennedy Marie
Bought by
Nell Mary Elizabeth
Source: Public Records

Range of Values:

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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
Palombo Daniel $510,000 --
Jel Property Solutions Llc -- Attorney
Clc Property Solutions Llc -- None Available
Seger Christopher $175,000 None Available
Nell Mary Elizabeth $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jel Property Solutions Llc $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $175,000 0.0% $109 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $175,000 -- $109 / 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 $5,543 $494,000 $268,900 $225,100
2024 $5,543 $494,000 $268,900 $225,100
2023 $5,291 $494,000 $268,900 $225,100
2022 $5,083 $494,000 $268,900 $225,100
2021 $4,962 $494,000 $268,900 $225,100
2020 $4,831 $494,000 $268,900 $225,100
2019 $4,777 $494,000 $268,900 $225,100
2018 $4,733 $494,000 $268,900 $225,100
2017 $4,658 $494,000 $268,900 $225,100
2016 $4,481 $494,000 $268,900 $225,100
2015 $4,421 $444,100 $268,900 $175,200
2014 -- $444,100 $268,900 $175,200
Source: Public Records

Agents Affiliated with this Home

  • Donna Ang

    Seller's Agent in 2014

    Donna Ang

    FOX REAL ESTATE-Brighton

    (609) 703-8970

    54 in this area

    72 Total Sales

    Donna Ang
    Section Image
  • JOHN DALEY

    Buyer's Agent in 2014

    JOHN DALEY

    FOX REAL ESTATE-Asbury

    (609) 425-8548

    29 in this area

    38 Total Sales

    JOHN DALEY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 422529

South Jersey Shore Regional MLS

APN: 08-00713-0000-00005

New Jersey Cape May County Ocean City 08226

718 Bay Ave Unit 20, Ocean City, NJ

This home is located at 718 Bay Ave Unit 20, Ocean City, NJ 08226 since 13 January 2014 and is currently estimated at $1,084,179, approximately $677 per square foot. 718 Bay Ave Unit 20 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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