NOT LISTED FOR SALE

807 E 8th St Unit 306 Ocean City, NJ 08226

Estimated Value: $115,000 - $179,043

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

Last Sold February 11, 2022

Last sale price $120,000

Est. 33% increase in value since last sale

Current estimated payment $905/month

232 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Security Service
  • Ocean City Primary School Rated A
  • Outdoor Community Showers
  • 3-minute walk to Hot Chick Central

About This Home

As of February 2022

Newly renovated beach block condo located just a stone’s throw from the famous Ocean City boardwalk on the beach block of 8th Street a true must see. Renovations include all new kitchen area, flooring, paint,ceiling finish and decorated to the nines! This unit offers direct views of the ocean. The Homestead has undergone extensive renovations including the exterior and lobby. Amenities include onsite laundry, outside shower and terrific beach block location. Condo fees include hot/cold water, sewer, flood insurance, hazard insurance, Cable TV and common area Maintenance. Owners only pay electric. Although parking is not included, spaces are available for rent at adjacent lot. This makes a great rental and most owners rent exclusively through AirBnB. Incredible rental earnings exceeding $300/night in season. 2019 rentals were $14,500. Schedule a Showing !

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 06/04/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

William Godfrey

MARR AGENCY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $689

Year Built

  • Built in 1928

Lot Details

  • 8,015

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer

Kitchen

  • Stove
  • Microwave

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Building is beachfront but unit may not have water views

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$689

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Furnished
  • Lvt Date: 06/04/2021
  • Year Built: 1928
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

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

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator, Foyer, Handicap Features

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Feb 11, 2022
Sold by
Equity Trust Company
Bought by
Dotterer Linda Hagerty and Dotterer Michael J
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
William Godfrey
MARR AGENCY
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$159,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,261
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Oct 1, 2004
Sold by
S I D Homestead Llc
Bought by
Blizard George and Blizard Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Dotterer Linda Hagerty $120,000 Freedom Title
Blizard George $139,900 Congress Title Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blizard George $111,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2022 02/11/22 Sold $120,000 +0.9% --
01/22/2022 01/22/22 Pending -- -- --
07/09/2021 07/09/21 Price Changed $118,900 -0.8% --
06/04/2021 06/04/21 For Sale $119,900 +178.8% --
06/19/2019 06/19/19 Sold $43,000 -9.5% -- View Prior Sale
05/26/2019 05/26/19 Pending -- -- --
05/18/2019 05/18/19 Price Changed $47,500 -8.7% --
04/08/2019 04/08/19 Price Changed $52,000 -5.5% --
03/06/2019 03/06/19 Price Changed $55,000 -16.7% --
12/06/2018 12/06/18 For Sale $66,000 -- --
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 $689 $61,400 $9,600 $51,800
2024 $689 $61,400 $9,600 $51,800
2023 $658 $61,400 $9,600 $51,800
2022 $390 $37,900 $9,600 $28,300
2021 $181 $37,900 $9,600 $28,300
2020 $371 $37,900 $9,600 $28,300
2019 $236 $24,400 $9,600 $14,800
2018 $234 $24,400 $9,600 $14,800
2017 $230 $24,400 $9,600 $14,800
2016 $221 $24,400 $9,600 $14,800
2015 $218 $24,400 $9,600 $14,800
2014 $215 $24,400 $9,600 $14,800
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Huber

    Seller's Agent in 2022

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    210 in this area

    315 Total Sales

    Cheryl Huber
    Section Image
  • William Godfrey

    Buyer's Agent in 2022

    William Godfrey

    MARR AGENCY

    (609) 780-7363

    75 in this area

    87 Total Sales

    William Godfrey
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 551494

South Jersey Shore Regional MLS

APN: 08-00702-0000-00025-0000-C306

New Jersey Cape May County Ocean City 08226

807 E 8th St Unit 306, Ocean City, NJ

This home is located at 807 E 8th St Unit 306, Ocean City, NJ 08226 since 04 June 2021 and is currently estimated at $159,261. This property was built in 1928. 807 E 8th St Unit 306 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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