NOT LISTED FOR SALE

719 E 11th St Unit 811 Ocean City, NJ 08226

Estimated Value: $349,000 - $450,000

1 Bed
1 Bath
-- Sq Ft
1.19 Acres

Last Sold September 24, 2020

Last sale price $222,000

Est. 71% increase in value since last sale

Current estimated payment $2,280/month

169 Days on Market

Highlights

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

About This Home

As of September 2020

Ocean and AC skyline views from this 8th floor 1BR/1BA condo located in the famous Flanders Hotel. This unit has been renovated with all new bathroom and granite kitchen counters and tile backsplash. This spacious & pristine condition condo comes fully furnished and equipped and has a great rental history. Flanders offers care free ownership. 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. She offers all the conveniences of Hotel Living daily check ins via the front desk, daily maid & linens service, concierge service, heated pool, fitness room, onsite restaurant, banquet center, spa and gift shop. Flanders offer excellent rental income without the headaches of a typical rental property.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean License #0233337 Listed on: 03/12/2020

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC License #SP-8433611

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,457

Lot Details

  • 1.19

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Furnished
  • Blinds
  • Dining Room
  • 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
  • 6-Story Property

Amenities

  • Building Patio
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,457

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 03/12/2020
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Room
  • Common Area Features: Cable Tv, 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: 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

Lot Info

  • Location: Boardwalk Front

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Sep 16, 2020
Sold by
Penza Louis and Penza Candace P
Bought by
Diehl Mary L and Diehl Jeffrey A
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$223,900
Sold Price
$222,000
Premium/Discount to List
-$1,900
-0.85%
Current Estimated Value
$378,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,906
Avg. Annual Appreciation
12.45%

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jan 12, 2015
Sold by
The Bank Of New York Mellon
Bought by
Penza Louis and Penza Candace P
Seller's Agent
Joseph Zarroli
ISLAND REALTY GROUP, LLC
Buyer's Agent
Joseph Zarroli
ISLAND REALTY GROUP, LLC
List Price
$204,000
Sold Price
$204,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$153,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Kelly Daniel P and Kelly Jacqueline T
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 8, 2005
Sold by
Zaffarano Thomas F and Zaffarano Elizabeth K
Bought by
Kelly Daniel P and Kelly Jacqueline T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Diehl Mary L $222,000 None Available
Penza Louis $204,000 Dataquick
The Bank Of New York Mellon -- None Available
Kelly Daniel P $259,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penza Louis $153,000
Previous Owner Kelly Daniel P $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $222,000 -0.8% --
03/12/2020 03/12/20 For Sale $223,900 +9.8% --
12/19/2014 12/19/14 Sold $204,000 0.0% --
10/21/2014 10/21/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $204,000 -- --
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 $2,457 $219,000 $95,500 $123,500
2024 $2,457 $219,000 $95,500 $123,500
2023 $2,345 $219,000 $95,500 $123,500
2022 $2,254 $219,000 $95,500 $123,500
2021 $2,201 $219,000 $95,500 $123,500
2020 $2,142 $219,000 $95,500 $123,500
2019 $2,118 $219,000 $95,500 $123,500
2018 $2,098 $219,000 $95,500 $123,500
2017 $2,065 $219,000 $95,500 $123,500
2016 $1,986 $219,000 $95,500 $123,500
2015 $1,960 $219,000 $95,500 $123,500
2014 $1,932 $219,000 $95,500 $123,500
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2020

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    184 in this area

    194 Total Sales

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  • Cheryl Huber

    Buyer's Agent in 2020

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    220 in this area

    334 Total Sales

    Section Image
  • Joseph Zarroli

    Seller's Agent in 2014

    Joseph Zarroli

    ISLAND REALTY GROUP, LLC

    (609) 402-8900

    46 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 535191

South Jersey Shore Regional MLS

APN: 08-01001-0000-00010-0000-C811

New Jersey Cape May County Ocean City 08226

719 E 11th St Unit 811, Ocean City, NJ

This home is located at 719 E 11th St Unit 811, Ocean City, NJ 08226 since 12 March 2020 and is currently estimated at $386,910. 719 E 11th St Unit 811 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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