NOT LISTED FOR SALE

719 E 11th St Unit 511 Ocean City, NJ 08226

Estimated Value: $349,000 - $396,000

1 Bed
1 Bath
-- Sq Ft
1.19 Acres

Last Sold January 15, 2014

Last sale price $170,000

Est. 117% increase in value since last sale

Current estimated payment $2,195/month

95 Days on Market

About This Home

As of January 2014

Own a part of Ocean City history with this lovely unit in the famously grand Flanders hotel. Enjoy your own fully furnished condo, just steps to the beach, with all the amenities of a hotel...pool, fitness facilities and concierge services. Or have it pay for itself as an excellent rental property investment. Either way...or a little of both... it's your time to own a part of America's Greatest Family Resort!

Last Agent to Sell the Property

John A. McCann

C A McCann and Sons, Inc License #8545402 Listed on: 08/17/2013

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean License #0233337

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,121

Lot Details

  • 1.19

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, water
  • Flanders Condos
  • 6-Story Property

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,121

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Bedrooms: 1
  • Full Bathrooms: 1

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Water
  • Condo Name: Flanders
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2013
Closed on
Feb 27, 2014
Sold by
Geraghty Erica J
Bought by
Cestaro R Michael
Seller's Agent
John A. McCann
C A McCann and Sons, Inc
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$368,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,665
Avg. Annual Appreciation
7.00%
Original Mortgage
$110,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1997
Sold by
Dwyer James M
Bought by
Geraghty Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.11%
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
Cestaro R Michael $170,000 Chicago Title Insurance Co
Cestaro R Michael $170,000 Chicago Title Insurance Co
Geraghty Jack $115,000 --
Geraghty Jack $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cestaro R Michael $110,500
Previous Owner Geraghty Jack $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $170,000 0.0% --
11/20/2013 11/20/13 Pending -- -- --
08/17/2013 08/17/13 For Sale $170,000 -- --
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 $2,121 $189,000 $95,500 $93,500
2024 $2,121 $189,000 $95,500 $93,500
2023 $2,024 $189,000 $95,500 $93,500
2022 $1,945 $189,000 $95,500 $93,500
2021 $1,848 $189,000 $95,500 $93,500
2020 $1,848 $189,000 $95,500 $93,500
2019 $1,828 $189,000 $95,500 $93,500
2018 $1,811 $189,000 $95,500 $93,500
2017 $1,782 $189,000 $95,500 $93,500
2016 $1,714 $189,000 $95,500 $93,500
2015 $1,692 $189,000 $95,500 $93,500
2014 $1,667 $189,000 $95,500 $93,500
Source: Public Records

Agents Affiliated with this Home

  • John A. McCann

    Seller's Agent in 2014

    John A. McCann

    C A McCann and Sons, Inc

    (609) 408-8106

    44 in this area

    148 Total Sales

    Section Image
  • Robert Gullo

    Buyer's Agent in 2014

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    184 in this area

    194 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 416215

South Jersey Shore Regional MLS

APN: 08-01001-0000-00010-0000-C511

New Jersey Cape May County Ocean City 08226

719 E 11th St Unit 511, Ocean City, NJ

This home is located at 719 E 11th St Unit 511, Ocean City, NJ 08226 since 17 August 2013 and is currently estimated at $371,870. 719 E 11th St Unit 511 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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