NOT LISTED FOR SALE

8 E 7th St Ocean City, NJ 08226

Estimated Value: $875,976 - $1,038,000

3 Beds
2.5 Baths
-- Sq Ft
2,439 Sq Ft Lot

Last Sold February 10, 2020

Last sale price $501,250

Est. 89% increase in value since last sale

Current estimated payment $5,369/month

102 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Ocean City Primary School Rated A
  • Living Room with Fireplace
  • Eat-In Kitchen

About This Home

As of February 2020

Located in the desirable North End of Ocean City and a block from the bay, you'll find this lovely, well maintained, 10 year young colonial. Situated on a corner lot with five grown trees and off-street parking that can fit up to 4 cars. This is a great property with low taxes and insurance premiums and zero flood damage from Superstorm Sandy. This home also features a large walk up unfinished 3rd floor which is currently used for storage. Featuring 3 bedrooms, 2.5 baths, nice kitchen and living room with gas fireplace. Being newer, this home is built on pilings and a high crawl space. Other features include a cozy front porch, rear shed and decks off both the kitchen and master bedroom. This area is very walkable ( right off 9th Street Bridge ) - to the beach, boardwalk, the many shops on Asbury Ave , Acme, playground, elementary and high school, various bay activities and more!! Also You're just a block from the bay and all that has to offer with magnificent sunsets, peaceful breezes and a relaxing pace with lovely views. Make an appointment today.

Last Agent to Sell the Property

Robert Bornstein

1-2-3, REALTORS License #8134915 Listed on: 07/11/2019

Last Buyer's Agent

Dean Chorin

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,376

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 35x70
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Storage
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,376

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Also Includes: Blinds
  • Lvt Date: 07/11/2019
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Fireplace: Living Room
  • Flooring: Vinyl, W/W Carpet
  • Interior Amenities: Storage
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Storage Attic

Exterior Features

  • Outside Features: Deck, Shed, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Corner
  • Lot Dimensions: 35x70
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2008
Sold by
Ridgway Jean C
Bought by
Thompson Karen
Current Estimated Value
$946,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Thompson Karen $180,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thompson Karen $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $501,250 -5.2% --
10/21/2019 10/21/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $529,000 -3.6% --
07/26/2019 07/26/19 Price Changed $549,000 -0.2% --
07/26/2019 07/26/19 Price Changed $549,900 -2.7% --
07/11/2019 07/11/19 For Sale $564,900 -- --
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 $4,376 $390,000 $147,900 $242,100
2024 $4,376 $390,000 $147,900 $242,100
2023 $4,177 $390,000 $147,900 $242,100
2022 $3,806 $369,900 $147,900 $222,000
2021 $2,759 $369,900 $147,900 $222,000
2020 $3,618 $369,900 $147,900 $222,000
2019 $3,577 $369,900 $147,900 $222,000
2018 $3,544 $369,900 $147,900 $222,000
2017 $3,488 $369,900 $147,900 $222,000
2016 $3,355 $369,900 $147,900 $222,000
2015 $3,311 $369,900 $147,900 $222,000
2014 $3,263 $369,900 $147,900 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 524917

South Jersey Shore Regional MLS

APN: 08-00711-01-00012