NOT LISTED FOR SALE

719 E 11th St Unit 802 Ocean City, NJ 08226

Estimated Value: $531,000 - $600,000

2 Beds
1 Bath
-- Sq Ft
1.19 Acres

Last Sold June 17, 2014

Last sale price $399,900

Est. 46% increase in value since last sale

Current estimated payment $3,527/month

257 Days on Market

Highlights

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

About This Home

As of June 2014

This direct ocean front condo offers incredible ocean views! Beautiful pristine 2BR/1BA condo has undergone recent renovations including granite counters and wainscoting on the walls. Fantastic rental history as there are a very limited number of 2BR units in Flanders. The FLANDERS Condominium Hotel is perhaps the best known, best run "condotel" in all of Ocean City. This beautiful boardwalk fronted building is steeped in tradition. It has been a part of the Ocean City skyline for almost 100 years.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean License #0233337 Listed on: 09/07/2013

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean License #0233337 Listed on: 09/07/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,071

Lot Details

  • 1.19

Home Design

  • Brick Front
  • Stucco

Interior Spaces

  • Furnished
  • Blinds
  • Dining Area
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Deck
  • Ocean Front

Community Details

Overview

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

Amenities

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

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,071

Lot Details

0

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: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Pool, Security, Storage Facility

Exterior Features

  • Siding Exterior: Brick Face, Stucco

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
  • Condo Name: Flanders
  • Management: Association

Lot Info

  • Location: Boardwalk Front, Ocean Front

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2013
Closed on
Jun 17, 2014
Sold by
Kuhar Realty Llc and Kuhar Thomas J
Bought by
Good Kate Elizabeth
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$582,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,273
Avg. Annual Appreciation
3.68%
Original Mortgage
$319,920
Outstanding Balance
$105,344
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$493,366

Purchase Details

Closed on
Dec 14, 2012
Sold by
Continental Leasing Co
Bought by
Kuhar Realty Llc

Purchase Details

Closed on
Jun 9, 2006
Sold by
Enru Enterprises
Bought by
Continental Leasing Co

Purchase Details

Closed on
Dec 5, 2003
Sold by
Weinstein Kevin
Bought by
Enru Enterprises

Purchase Details

Closed on
Feb 4, 2003
Sold by
Bontempo Dorothy
Bought by
Weinstein Kevin and Weinstein Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.98%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Latta Fin Management
Bought by
Bontempo Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
Good Kate Elizabeth $399,900 North American Title Agency
Kuhar Realty Llc $325,000 None Available
Continental Leasing Co $492,600 Congress Title Company
Enru Enterprises $335,000 --
Weinstein Kevin $218,000 --
Bontempo Dorothy $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Kate Elizabeth $319,920
Previous Owner Kuhar Realty Llc $211,250
Previous Owner Kleeman David $100,000
Previous Owner Weinstein Kevin $174,000
Previous Owner Bontempo Dorothy $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $399,900 0.0% --
05/22/2014 05/22/14 Pending -- -- --
09/07/2013 09/07/13 For Sale $399,900 -- --
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 $4,071 $362,800 $182,500 $180,300
2024 $4,071 $362,800 $182,500 $180,300
2023 $3,886 $362,800 $182,500 $180,300
2022 $3,733 $362,800 $182,500 $180,300
2021 $3,646 $362,800 $182,500 $180,300
2020 $3,548 $362,800 $182,500 $180,300
2019 $3,508 $362,800 $182,500 $180,300
2018 $3,476 $362,800 $182,500 $180,300
2017 $3,421 $362,800 $182,500 $180,300
2016 $3,291 $362,800 $182,500 $180,300
2015 $3,247 $362,800 $182,500 $180,300
2014 $3,200 $362,800 $182,500 $180,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 417100

South Jersey Shore Regional MLS

APN: 08-01001-0000-00010-0000-C802