NOT LISTED FOR SALE

807 E 8th St Unit 207 Ocean City, NJ 08226

Estimated Value: $138,000 - $199,000

-- Bed
1 Bath
-- Sq Ft
8,015 Sq Ft Lot

Last Sold June 25, 2020

Last sale price $59,000

Est. 186% increase in value since last sale

Current estimated payment $943/month

103 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Clubhouse
  • Elevator
  • Ocean City Primary School Rated A
  • Furnished
  • 3-minute walk to Hot Chick Central

About This Home

As of June 2020

Beautifully renovated and freshly painted furnished condo with lots of storage is close to the beach and Boardwalk. New bathroom with ceramic tile, new hardwood flooring throughout, new windows, new wiring and plumbing. Recently remodeled kitchen, oak cabinetry and double closets in the unit. Amenities include storage unit, on-site laundry, outside shower and bike rack. Condo fee includes all utilities except electric. The Hanscom a.k.a. The Homestead has undergone extensive renovations including the exterior, lobby and club room. An ideal affordable beach block getaway and/or investment property. Just 1/2 block to the beach and Boardwalk.

Last Agent to Sell the Property

ANNE MCDOWELL

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0561340 Listed on: 02/26/2020

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Damon Bready

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $552

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Furnished
  • Blinds

Kitchen

  • Stove
  • Microwave

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water, hot water, cable
  • Homestead Condos
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$552

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Furnished
  • Lvt Date: 02/26/2020
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Common Area Features: Clubhouse/Clubroom, Elevator, Laundromat On Site, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Brick, Masonry/Block

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Cable
  • Condo Name: Homestead
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jun 25, 2020
Sold by
Holloway Sherri J
Bought by
Jpl Rentals Llc
Seller's Agent
ANNE MCDOWELL
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Damon Bready
BHHS FOX and ROACH-Simpson OC
List Price
$62,000
Sold Price
$59,000
Premium/Discount to List
-$3,000
-4.84%
Current Estimated Value
$168,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,524
Avg. Annual Appreciation
21.99%

Purchase Details

Closed on
Mar 28, 2016
Sold by
Reising Michael R and Reising Tamela J
Bought by
Holloway Sherri June

Purchase Details

Closed on
Jun 17, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Jpl Rentals Llc $59,000 None Available
Holloway Sherri June $35,000 Title Company Of Jersey
-- $133,300 --
Reising Michael R $113,333 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reising Michael R $101,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $59,000 -0.8% --
06/08/2020 06/08/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $59,500 -4.0% --
02/26/2020 02/26/20 For Sale $62,000 -- --
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
2025 $552 $49,200 $9,500 $39,700
2024 $552 $49,200 $9,500 $39,700
2023 $527 $49,200 $9,500 $39,700
2022 $506 $49,200 $9,500 $39,700
2021 $257 $49,200 $9,500 $39,700
2020 $260 $26,600 $9,500 $17,100
2019 $257 $26,600 $9,500 $17,100
2018 $255 $26,600 $9,500 $17,100
2017 $251 $26,600 $9,500 $17,100
2016 $241 $26,600 $9,500 $17,100
2015 $238 $26,600 $9,500 $17,100
2014 $235 $26,600 $9,500 $17,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    ANNE MCDOWELL

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 602-4737

    2 in this area

    2 Total Sales

    ANNE MCDOWELL
    Section Image
  • Damon Bready

    Buyer's Agent in 2020

    Damon Bready

    BHHS Fox & Roach

    (609) 703-3030

    39 in this area

    151 Total Sales

    Damon Bready
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534466

South Jersey Shore Regional MLS

APN: 08-00702-0000-00025-0000-C207

New Jersey Cape May County Ocean City 08226

807 E 8th St Unit 207, Ocean City, NJ

This home is located at 807 E 8th St Unit 207, Ocean City, NJ 08226 since 26 February 2020 and is currently estimated at $168,524. 807 E 8th St Unit 207 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.

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