$319,900
SOLD JUN 1, 2022

719 E 11th St Unit 509 Ocean City, NJ 08226

1 Bed
1 Bath
-- Sq Ft
1.19 Acres

Recently Sold

3% Below List Price

27 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

1 Bedroom Condo At Historic Flanders Hotel. Located Directly On The Famous Ocean City NJ Boardwalk. Updated Bathroom, New Comfort Height Toilet, Granite Counters In The Kitchen, And Room Darkening Cellular Shades On All Windows. 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!

Last Agent to Sell the Property

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City Listed on: 04/15/2022

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,270

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

$2,270

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Furnished
  • Lvt Date: 04/15/2022
  • 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 15, 2022
Closed on
May 24, 2022
Sold by
Mcelhenney Christopher E and Mcelhenney Karyn J
Bought by
Lesser Marjorie
Seller's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$329,900
Sold Price
$319,900
Premium/Discount to List
-$10,000
-3.03%
Current Estimated Value
$367,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,578
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jun 4, 2018
Sold by
Marciano Albert A and Marciano Lisa R
Bought by
Langlade David P and Langdale Ann M
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
George Cash
BERGER REALTY-Main
List Price
$224,900
Sold Price
$212,500
Premium/Discount to List
-$12,400
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Dwyer James M
Bought by
Marciano Albert A and Marciano Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.17%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $319,900 Surety Title
Deed $212,500 --
Deed $104,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $46,000 Credit Line Revolving
Previous Owner $120,000 Unknown
Previous Owner $111,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $94,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $319,900 0.0% --
05/12/2022 05/12/22 Pending -- -- --
04/27/2022 04/27/22 Price Changed $319,900 -3.0% --
04/15/2022 04/15/22 For Sale $329,900 +53.4% --
04/30/2021 04/30/21 Sold $215,000 -2.2% --
03/29/2021 03/29/21 Pending -- -- --
10/31/2020 10/31/20 For Sale $219,900 +3.5% --
06/04/2018 06/04/18 Sold $212,500 -5.5% --
04/12/2018 04/12/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $224,900 -- --
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 $2,270 $202,300 $91,000 $111,300
2024 $2,270 $202,300 $91,000 $111,300
2023 $2,167 $202,300 $91,000 $111,300
2022 $1,899 $184,500 $91,000 $93,500
2021 $1,854 $184,500 $91,000 $93,500
2020 $1,804 $184,500 $91,000 $93,500
2019 $1,784 $184,500 $91,000 $93,500
2018 $1,768 $184,500 $91,000 $93,500
2017 $1,740 $184,500 $91,000 $93,500
2016 $1,673 $184,500 $91,000 $93,500
2015 $1,651 $184,500 $91,000 $93,500
2014 $1,627 $184,500 $91,000 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561838

South Jersey Shore Regional MLS

APN: 08-01001-0000-00010-0000-C509