Seller's Agent in 2022
Debra D'acqua
CENTURY 21 ALLIANCE-S104B
(609) 425-3436
1 in this area
1 Total Sale
719 E 11th St Unit 714 Ocean City, NJ 08226
Estimated Value: $500,000 - $747,825
2
Beds
1
Bath
--
Sq Ft
1.19
Acres
Highlights
- Ocean Front
- End Unit
- Community Pool
- Ocean City Primary School Rated A
- Furnished
- Breakfast Area or Nook
About This Home
As of May 2022THE FLANDERS with its fabulous oceanfront location is one of Ocean City's most prominent landmarks. This TWO bedroom suite on the 7th floor has direct ocean view along with an endless site of the famous beach. Kitchen is updated with white cabinets & appliances, granite countertops and an adjoining dining area. The living area has updated flooring, high ceilings and plenty of natural light. Bedrooms are spacious with closet space, ceiling fans....the bath has been remodeled as well. This completely furnished unit with seaside flare is fully equipped ready to go for personal enjoyment, strong rentals or a little of both. Condo fees includes water, sewer, flood & building insurances, cable TV, Wi-Fi and phone. The Flanders offers resort style amenities such as heated pool, fitness center, onsite restaurant, coffee shop, spa & salon, gift shops and banquet center. With rental income consistently over $40k+ makes this a solid investment with the convenience of hotel living. This stress free investment offers a front desk to handle daily check ins, daily maid & linen service and concierge. DON'T MISS AN OPPORTUNITY TO OWN BEACHFRONT IN OCEAN CITY NEW JERSEY
Last Agent to Sell the Property
CENTURY 21 ALLIANCE-S104B License #0787280 Listed on: 02/01/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,746
Lot Details
- Ocean Front
- End Unit
Parking
- Off-Site Parking
Home Design
- Brick Exterior Construction
- Stucco
Interior Spaces
- Furnished
- Ceiling Fan
- Drapes & Rods
- Blinds
- Dining Area
- Water Views
Kitchen
- Breakfast Area or Nook
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 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
- Elevator
Recreation
- Community Boardwalk
- Outdoor Community Showers
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Apr 29, 2022
Sold by
Defilippo Matthew S and Ryan Martha
Bought by
Simonian Armen and Simonian Sabina
Seller's Agent
Debra D'acqua
CENTURY 21 ALLIANCE-S104B
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$519,900
Sold Price
$495,000
Premium/Discount to List
-$24,900
-4.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,465
Avg. Annual Appreciation
7.33%
Original Mortgage
$371,250
Outstanding Balance
$354,763
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$269,491
Purchase Details
Closed on
May 14, 2004
Sold by
Wallace James H
Bought by
Defilippo Matthew S and Defilippo Martha Ryan
Purchase Details
Closed on
Feb 2, 1998
Sold by
Dwyer James M
Bought by
Latta Financial Management
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
7.02%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Simonian Armen | $495,000 | Surety Title | |
| Defilippo Matthew S | $335,000 | -- | |
| Defilippo Matthew S | $335,000 | The Title Company Of Jersey | |
| Latta Financial Management | $179,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simonian Armen | $371,250 | |
| Previous Owner | Defilippo Matthew S | $950,000 | |
| Previous Owner | Defilippo Matthew S | $417,000 | |
| Previous Owner | Latta Financial Management | $179,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $495,000 | -4.8% | -- |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 02/21/2022 02/21/22 | For Sale | $519,900 | 0.0% | -- |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | For Sale | $519,900 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $3,746 | $333,900 | $185,000 | $148,900 |
| 2024 | $3,746 | $333,900 | $185,000 | $148,900 |
| 2023 | $3,576 | $333,900 | $185,000 | $148,900 |
| 2022 | $3,072 | $298,500 | $185,000 | $113,500 |
| 2021 | $3,000 | $298,500 | $185,000 | $113,500 |
| 2020 | $2,919 | $298,500 | $185,000 | $113,500 |
| 2019 | $2,887 | $298,500 | $185,000 | $113,500 |
| 2018 | $2,860 | $298,500 | $185,000 | $113,500 |
| 2017 | $2,815 | $298,500 | $185,000 | $113,500 |
| 2016 | $2,707 | $298,500 | $185,000 | $113,500 |
| 2015 | $2,672 | $298,500 | $185,000 | $113,500 |
| 2014 | $2,633 | $298,500 | $185,000 | $113,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Robert Gullo
Fox Real Estate-Ocean
(856) 305-2091
184 in this area
194 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 559387
APN: 08-01001-0000-00010-0000-C714
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