NOT LISTED FOR SALE

8 Mgm Way Ocean View, NJ 08230

Estimated Value: $819,969 - $1,019,000

4 Beds
4 Baths
-- Sq Ft
3.72 Acres

Last Sold November 21, 2022

Last sale price $775,000

Est. 15% increase in value since last sale

Current estimated payment $5,928/month

41 Days on Market

Highlights

  • Cabana
  • Wood Flooring
  • Cul-De-Sac
  • Cathedral Ceiling
  • Sun or Florida Room
  • Walk-In Closet

About This Home

As of November 2022

A regal residence that you will be proud of. This fantastic 4 bedroom home is located on a quiet cul-de-sac just 10 minutes from the beach. Tons of natural light flood the first floor. Upon entering the foyer, look to your left to see the dedicated office space. To your right, the large formal living room and dining room. A beautiful kitchen leads into the family room with a built-in gas fireplace. In the kitchen are stainless steel appliances, Miele double wall oven, gas range, and Wolf steamer which is surrounded by timeless granite counter tops. Off of the family room is a big and bright 3-season room that overlooks the nicely landscaped backyard, deck, and pool area. A backyard built for entertaining! Listen to your favorite music through the custom surround sound throughout the backyard as you enjoy swimming in your heated salt water pool. Drinks and snacks are served from your pool-house that is equipped with a full bathroom. A 30 x 50 basketball court is lighted and situated next to the built-in brick paver fire-pit. You have plenty of room to spread out in this 3,400 square foot home. The huge finished basement has tons of room for all of your storage and entertaining needs, plus it has a half bath! The master bedroom has a huge walk in closet that you have to see to believe! Also in the master bedroom is a bonus area that can serve as a workout space or lounge area. The 3 additional bedrooms are spacious, with great closet space. The solar panels are owned! Do not let this paradise pass you by.

Last Agent to Sell the Property

Elsie Jamison

Compass New Jersey-Ocean City (O463H) License #1863412 Listed on: 08/24/2022

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

Justin Sheppard

BHHS FOX and ROACH-Simpson OC License #1864560

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,287

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 162 x 231
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Library
  • Sun or Florida Room
  • Storage
  • Storage In Attic
  • Carbon Monoxide Detectors
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Interior Basement Entry

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,287

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Curtains
  • Lvt Date: 08/24/2022
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: 6 Ft. Or More Head Room, Finished, Heated, Inside Entrance, Plumbing
  • Other Rooms: Dining Room, Florida Room, Library/Study, Pantry, Storage Attic

Exterior Features

  • Outside Features: Cabana, Outside Shower, Pool-In Ground, Shed, Sprinkler System

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Private, Septic
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Cul-De-Sac
  • Lot Dimensions: 162 x 231
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Nov 21, 2022
Sold by
Gregg Brian L
Bought by
Giroud Jeffrey and Giroud Bridget
Seller's Agent
Elsie Jamison
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
Justin Sheppard
BHHS FOX and ROACH-Simpson OC
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Views
87
Current Estimated Value
$887,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,992
Avg. Annual Appreciation
5.31%
Original Mortgage
$600,000
Outstanding Balance
$585,308
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$302,684

Purchase Details

Closed on
Dec 15, 2017
Sold by
Gullo Robert and Gullo Linda
Bought by
Gregg Brian L and Gregg Sara

Purchase Details

Closed on
Nov 29, 2004
Sold by
Olson Olaf
Bought by
Gullo Robert and Gullo Linda

Purchase Details

Closed on
Mar 25, 2004
Sold by
Dethomasis & Levari Inc
Bought by
Olson Olaf

Purchase Details

Closed on
Mar 3, 2004
Sold by
Smith Richard O
Bought by
Dethomasis & Levari Inc
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
Giroud Jeffrey $775,000 Surety Title
Gregg Brian L $675,000 Surety Title Company
Gullo Robert $529,000 --
Olson Olaf $150,000 --
Olson Olaf $150,000 --
Dethomasis & Levari Inc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giroud Jeffrey $600,000
Previous Owner Gullo Robert $350,000
Previous Owner Gullo Robert $200,000
Previous Owner Gullo Robert $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $775,000 -3.0% --
10/04/2022 10/04/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $799,000 -3.2% --
08/24/2022 08/24/22 For Sale $825,000 -- --
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
2024 $12,287 $535,400 $142,500 $392,900
2023 $11,682 $535,400 $142,500 $392,900
2022 $11,292 $535,400 $142,500 $392,900
2021 $8,068 $535,400 $142,500 $392,900
2020 $10,483 $535,400 $142,500 $392,900
2019 $10,231 $535,400 $142,500 $392,900
2018 $9,969 $535,400 $142,500 $392,900
2017 $9,857 $535,400 $142,500 $392,900
2016 $10,012 $535,400 $142,500 $392,900
2015 $9,750 $535,400 $142,500 $392,900
2014 $8,236 $553,900 $170,100 $383,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566424

South Jersey Shore Regional MLS

APN: 11-00565-03-00082-03