NOT LISTED FOR SALE

719 E 11th St Unit 416 Ocean City, NJ 08226

Estimated Value: $350,000 - $373,000

1 Bed
1 Bath
-- Sq Ft
1.19 Acres

Last Sold June 15, 2022

Last sale price $300,000

Est. 24% increase in value since last sale

Current estimated payment $2,205/month

2 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Community Pool
  • Building Patio

About This Home

As of June 2022

Ocean View 1 Bedroom Condo At Historic Flanders Hotel. Located Directly On The Famous Ocean City NJ Boardwalk. This Clean and Updated Unit Features A Larger Floor Plan Due To It's Corner Location. Flanders Hotel Features A Heated Pool, Restaurant, Spa, Fitness Room, Banquet and Event Area, and More. Condo Fee Includes Everything Except For Your Electric And Interior Contents Insurance. Great Rental Income Investment Without The Headaches Of Being A Landlord, The Hotel Front Desk Manages Everything For You. All Rentals Must Go Through The Flanders On-site Rental Program, No Outside Rentals Permitted. Year Round Residency Is Not Permitted At Flanders. Sold Fully Furnished And Equipped Minus The Seller's Personal Exclusions. Buy Now And Start Collecting Income Right Away! Click The Virtual Tour Link OR Copy And Paste This Link Into Your Browser For 3D Tour: https://bit.ly/36cliqi

Last Agent to Sell the Property

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City License #1221988 Listed on: 04/14/2022

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC License #0338620

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,008

Lot Details

  • Ocean Front

Parking

  • Off-Site Parking

Home Design

  • Brick Front
  • Stucco

Interior Spaces

  • Furnished
  • Carpet
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, cable, pool
  • Flanders Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,008

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Furnished
  • Lvt Date: 04/14/2022
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Elevator, Laundromat On Site, Outside Shower, Patio, Pool, Security, Storage Facility

Exterior Features

  • Siding Exterior: Brick Face, Masonry/Block, Stucco

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Air Conditioner: Central
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • Condo Name: Flanders
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Boardwalk Front, Ocean Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 15, 2022
Sold by
Patricia Mackay
Bought by
Fasano Matthew D and Fasano Mary E
Seller's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$372,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,307
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
Aug 28, 2013
Closed on
Apr 11, 2014
Sold by
Albanese John and Albanese Marie
Bought by
Mackay Patricia
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
George Rumer
CENTURY 21 ALLIANCE-O1O4J
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$172,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2007
Sold by
Christoffers Karyn L
Bought by
Albanese John and Albanese Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2004
Sold by
Depman Stanley and Depman Diane M
Bought by
Christoffers Karyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Schwehm Philip
Bought by
Depman Stanley and Depman Diane M

Purchase Details

Closed on
Aug 28, 1997
Sold by
James Dwyer Re
Bought by
Schwehm Philip
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
Fasano Matthew D $300,000 Surety Title
Mackay Patricia $215,000 None Available
Albanese John $210,000 Foundation Title Llc
Christoffers Karyn L $219,000 --
Depman Stanley $159,000 --
Schwehm Philip $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mackay Patricia $172,000
Previous Owner Albanese John $170,000
Previous Owner Albanese John $168,000
Previous Owner Christoffers Karyn L $197,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $300,000 0.0% --
04/16/2022 04/16/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $300,000 +39.5% --
04/11/2014 04/11/14 Sold $215,000 0.0% --
02/05/2014 02/05/14 Pending -- -- --
08/28/2013 08/28/13 For Sale $215,000 -- --
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 $2,008 $179,000 $95,500 $83,500
2024 $2,008 $179,000 $95,500 $83,500
2023 $1,917 $179,000 $95,500 $83,500
2022 $1,842 $179,000 $95,500 $83,500
2021 $1,335 $179,000 $95,500 $83,500
2020 $1,751 $179,000 $95,500 $83,500
2019 $1,731 $179,000 $95,500 $83,500
2018 $1,715 $179,000 $95,500 $83,500
2017 $1,688 $179,000 $95,500 $83,500
2016 $1,624 $179,000 $95,500 $83,500
2015 $1,602 $179,000 $95,500 $83,500
2014 $1,579 $179,000 $95,500 $83,500
Source: Public Records

Agents Affiliated with this Home

  • Adam D'Annunzio

    Seller's Agent in 2022

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    59 in this area

    138 Total Sales

    Section Image
  • Michael Contino

    Buyer's Agent in 2022

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    375 in this area

    434 Total Sales

    Section Image
  • Robert Gullo

    Seller's Agent in 2014

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    184 in this area

    194 Total Sales

    Section Image

  • G

    Buyer's Agent in 2014

    George Rumer

    CENTURY 21 ALLIANCE-O1O4J

    (609) 442-3478

    3 in this area

    7 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561792

South Jersey Shore Regional MLS

APN: 08-01001-0000-00010-0000-C416

New Jersey Cape May County Ocean City 08226

719 E 11th St Unit 416, Ocean City, NJ

This home is located at 719 E 11th St Unit 416, Ocean City, NJ 08226 since 14 April 2022 and is currently estimated at $361,884. 719 E 11th St Unit 416 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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