NOT LISTED FOR SALE

800 3rd St Unit 2 Ocean City, NJ 08226

Estimated Value: $2,099,000 - $2,906,000

-- Bed
-- Bath
2,919 Sq Ft
$875/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,850,000 $634 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $14,977/month

3 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Great Room
  • Ocean City Primary School Rated A
  • Furnished
  • 4-minute walk to Lake Memorial Park

About This Home

As of March 2021

This immaculate Oceanside retreat is located just steps from Ocean City's famous beaches and boardwalk. This unique corner property features 4 bedrooms, 2 bathrooms on the first floor and 5 bedrooms, 3 bathrooms on the second floor. Each unit is appointed with hardwood floors, gourmet kitchen, granite countertops, stainless steel appliances, private enclosed parking, outside shower and more. A must see!

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC License #0453531 Listed on: 01/27/2021

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC License #0336248

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,231

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 50x67
  • Corner Lot
  • Sprinkler System

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room
  • Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,231

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 01/27/2021
  • Year Built: 2010
  • Age: 11 To 15 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Great Room

Exterior Features

  • Outside Features: Deck, Outside Shower, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Auto Door Opener, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Boardwalk Area
  • Lot Dimensions: 50x67

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 4
  • Number Of2 Bedroom Units: 5
  • Separate Meters: Cable Tv, Electric, Gas, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 31, 2021
Sold by
Aniloff Larry and Aniloff Elizabeth
Bought by
Baker Michael F and Baker Elizabeth A
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
List Price
$1,799,000
Sold Price
$1,850,000
Premium/Discount to List
$51,000
2.83%
Current Estimated Value
$2,534,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,005
Avg. Annual Appreciation
8.13%
Original Mortgage
$1,200,000
Outstanding Balance
$1,093,606
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,512,101

Purchase Details

Closed on
Jul 2, 2010
Sold by
Cape Coral Developments Llc
Bought by
Aniloff Larry and Aniloff Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
4.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 1, 2005
Sold by
Mayo William M and Mayo Jill F
Bought by
Cape Coral Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,276,000
Interest Rate
6.17%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2001
Sold by
First Fidelity Bk
Bought by
Mayo William M and Mayo Jill F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.08%

Purchase Details

Closed on
Jan 13, 1989
Sold by
Gummel Frank and Gummel Elizabeth
Bought by
Gummel Frank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baker Michael F $1,850,000 Misc Company
Aniloff Larry $740,000 Freedom Title & Abstract Com
Cape Coral Developments Llc $945,000 Independence Abstract & Titl
Mayo William M $325,000 --
Gummel Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Michael F $1,200,000
Previous Owner Aniloff David $530,000
Previous Owner Aniloff David Scott $533,850
Previous Owner Aniloff Larry $685,000
Previous Owner Cape Coral Developments Llc $1,276,000
Previous Owner Mayo William M $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,850,000 +2.8% $634 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $1,799,000 -- $616 / Sq Ft
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 $13,231 $1,179,200 $561,700 $617,500
2024 $13,231 $1,179,200 $561,700 $617,500
2023 $12,629 $1,179,200 $561,700 $617,500
2022 $12,134 $1,179,200 $561,700 $617,500
2021 $11,851 $1,179,200 $561,700 $617,500
2020 $11,533 $1,179,200 $561,700 $617,500
2019 $11,403 $1,179,200 $561,700 $617,500
2018 $11,297 $1,179,200 $561,700 $617,500
2017 $11,120 $1,179,200 $561,700 $617,500
2016 $10,695 $1,179,200 $561,700 $617,500
2015 $10,554 $1,179,200 $561,700 $617,500
2014 $10,401 $1,179,200 $561,700 $617,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 546612

South Jersey Shore Regional MLS

APN: 08-00302-0000-00002