8 Caroline Ln Ocean City, NJ 08226
Estimated Value: $2,821,000 - $2,972,355
4
Beds
3
Baths
3,020
Sq Ft
$955/Sq Ft
Est. Value
About This Home
This home is located at 8 Caroline Ln, Ocean City, NJ 08226 and is currently estimated at $2,885,589, approximately $955 per square foot. 8 Caroline Ln 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2011
Sold by
Phalines Richard and Phalines Michele
Bought by
Davis James C and Davis Rachel S
Current Estimated Value
Purchase Details
Closed on
Mar 28, 2002
Sold by
Smith Donald T
Bought by
Phalines Richard and Phalines Michele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.88%
Purchase Details
Closed on
Jul 27, 1994
Sold by
Holzhauer Helen
Bought by
Smith Donald and Smith Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
8.25%
Purchase Details
Closed on
Jan 31, 1991
Sold by
Holzhauer George M and Holzhauer Hellen E
Bought by
Holzhauer Helen E
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 |
|---|---|---|---|
| Davis James C | $960,000 | Fidelity Natl Title Ins Co | |
| Phalines Richard | $800,000 | -- | |
| Smith Donald | $495,000 | -- | |
| Holzhauer Helen E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Phalines Richard | $300,000 | |
| Previous Owner | Smith Donald | $34,000 |
Source: Public Records
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 | $14,635 | $1,304,400 | $720,000 | $584,400 |
| 2024 | $14,635 | $1,304,400 | $720,000 | $584,400 |
| 2023 | $13,970 | $1,304,400 | $720,000 | $584,400 |
| 2022 | $13,422 | $1,304,400 | $720,000 | $584,400 |
| 2021 | $12,614 | $1,304,400 | $720,000 | $584,400 |
| 2020 | $12,757 | $1,304,400 | $720,000 | $584,400 |
| 2019 | $12,614 | $1,304,400 | $720,000 | $584,400 |
| 2018 | $12,496 | $1,304,400 | $720,000 | $584,400 |
| 2017 | $12,300 | $1,304,400 | $720,000 | $584,400 |
| 2016 | $11,831 | $1,304,400 | $720,000 | $584,400 |
| 2015 | $11,674 | $1,304,400 | $720,000 | $584,400 |
| 2014 | $11,505 | $1,304,400 | $720,000 | $584,400 |
Source: Public Records
Map
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