NOT LISTED FOR SALE

719 E 11th St Unit 617 Ocean City, NJ 08226

Estimated Value: $339,000 - $416,000

1 Bed
1 Bath
-- Sq Ft
51,793 Sq Ft Lot

Last Sold August 15, 2024

Last sale price $365,000

Current estimated payment $2,093/month

33 Days on Market

Highlights

  • Water Views
  • Deck
  • Community Pool
  • Ocean City Primary School Rated A
  • Furnished
  • Elevator

About This Home

As of August 2024

Fantastic Opportunity to own a piece of the Historic Flanders Hotel on the Beautiful Ocean City Boardwalk. This Condo is in pristine condition for your enjoyment and relaxation. Enjoy the sparkling Ocean views from all 3 windows ! The unit includes new flooring, an updated kitchen with granite counter and beautiful bath. The unit comes fully furnished with all appliances. Condo fees include water, sewer, flood & building insurance, cable TV, phone, Wi-Fi and common area maintenance. Enjoy all of the amenities that the Flanders and the Boardwalk have to offer while having the opportunity to participate in the Flanders well managed Rental Program to get a great return on your investment. The Flanders Rental Program of this Condotel is run with all of the luxury of a full service Hotel with a first class Reservations department, Front Desk, daily maid and linen service and concierge service. Enjoy the outside heated pool, fitness facility and library. Emily's restaurant is conveniently located on-site as well as Banquet facilities and gift shop. All rentals must go through the Flanders on-site rental program, no outside rentals are permitted. Year-round residency is not permitted at The Flanders. City Ordinance restricts owner usage to 200 nights per year. If participating in the rental program, owner usage from mid-June through Labor Day is limited to 14 nights plus an additional 186 nights throughout the remainder of the year. If not renting owners can stay any 200 nights per year. Whether you are interested in rental income or a unique 2nd Home with the luxury of a first class Hotel this unit offers a great opportunity in a wonderful resort.

Last Agent to Sell the Property

VINCENT SKALSKI

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 06/20/2024

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

CHARLES (BUD) RINCK

FOX REAL ESTATE-Asbury

Property Details

Home Type

  • Condominium

Lot Details

  • 1.19

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Furnished
  • Blinds
  • Dining Area
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • 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
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Lot Details

1.19 Acres

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • 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
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Patio, Pool

Exterior Features

  • Siding Exterior: Brick, Stucco

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Boardwalk Front, Water View

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 15, 2024
Sold by
Randanella Joseph
Bought by
Barone John and Barone Catherine
Seller's Agent
VINCENT SKALSKI
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
CHARLES (BUD) RINCK
FOX REAL ESTATE-Asbury
List Price
$374,999
Sold Price
$365,000
Premium/Discount to List
-$9,999
-2.67%
Views
71
Current Estimated Value
$364,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$204
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Gubitosi Concetta
Bought by
Randanella Joseph

Purchase Details

Closed on
Aug 21, 1997
Sold by
James Dwyer Re
Bought by
Gubitosi Concetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Barone John $365,000 Title Company Of Jersey
Barone John $365,000 Title Company Of Jersey
Randanella Joseph $222,500 North American Title Agency
Gubitosi Concetta $121,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gubitosi Concetta $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $365,000 -1.1% --
07/23/2024 07/23/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $368,999 -1.6% --
06/20/2024 06/20/24 For Sale $374,999 -- --
Source: South Jersey Shore Regional MLS

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 $2,339 $208,500 $105,000 $103,500
2024 $2,339 $208,500 $105,000 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586416

South Jersey Shore Regional MLS

APN: 08-01001-0000-00010-0000-C617

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