NOT LISTED FOR SALE

804 E 7th St Unit 1 Ocean City, NJ 08226

Estimated Value: $880,940 - $948,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold April 20, 2018

Last sale price $500,000

Est. 82% increase in value since last sale

Current estimated payment $5,199/month

89 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Furnished
  • Ocean City Primary School Rated A
  • Recreation Room
  • Ground Level Unit

About This Home

As of April 2018

Beachblock Best! this must see 1st floor is just steps away from Ocean City's amazing boardwalk and beach. Spectacular rental history! This unit features 3 bedrooms, 2 baths, garage, off street parking, outside shower, master bathroom and much more! Enjoy the outside porch, eat-in kitchen, center island, gas fireplace and open layout of this fully furnished unit. Available for purchase as single unit or whole building.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 12/02/2017

BHHS FOX and ROACH-West Ave OC

Co-Listed By

Brad Rice

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 2005

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Gas Log Fireplace
  • Dining Area
  • Recreation Room
  • Carpet
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Solar Heating System
  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,233

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Year Built: 2005
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Recreation/Family
  • Common Area Features: Deck/Porch, Fenced Yard, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural, Solar
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Sorbello Steven
Bought by
K And M Beach Properties Llc
Current Estimated Value
$909,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$622,552
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$287,433
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
K And M Beach Properties Llc $810,000 Surety Title
K And M Beach Properties Llc $810,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K And M Beach Properties Llc $648,000
Closed K And M Beach Properties Llc $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $500,000 -3.8% --
03/01/2018 03/01/18 Pending -- -- --
12/02/2017 12/02/17 For Sale $519,900 -- --
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 $5,233 $466,400 $207,000 $259,400
2024 $5,233 $466,400 $207,000 $259,400
2023 $4,995 $466,400 $207,000 $259,400
2022 $4,799 $466,400 $207,000 $259,400
2021 $3,479 $466,400 $207,000 $259,400
2020 $4,561 $466,400 $207,000 $259,400
2019 $4,510 $466,400 $207,000 $259,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497820

South Jersey Shore Regional MLS

APN: 08 00701-0000-00003-0000-C1