$160,000
SOLD NOV 18, 2024

807 E 8th St Unit 502 Ocean City, NJ 08226

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

Recently Sold

6% Below List Price

28 Days on Market

Highlights

  • End Unit
  • Furnished
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Elevator
  • 3-minute walk to Hot Chick Central

About This Home

As of November 2024

Charming Efficiency Unit #502 at Hanscom Condominiums – Your Beachside Paradise Awaits! Welcome to Unit #502, a delightful efficiency at Hanscom Condominiums, perfectly situated just moments from the beach, water park, and iconic boardwalk! This corner unit, with a proven rental history, offers an amazing opportunity for both personal enjoyment and investment. At approximately 180 sq ft, this cozy space is designed for maximum comfort and convenience. Featuring a compact kitchenette and a bright living area, it’s an ideal retreat after a day of sun and fun. With its inviting atmosphere, you’ll feel right at home in this little piece of heaven. Location is everything! You’ll be steps away from family-friendly attractions, a variety of restaurants, and charming shops, making it easy to experience all that Ocean City has to offer. Don’t miss your chance to own this gem! Whether you're looking to start your Airbnb journey or simply seeking a perfect getaway, Unit #502 is waiting for you. Schedule a viewing today and make your beach dreams come true!

Last Agent to Sell the Property

Eunice Puerto

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 10/11/2024

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Last Buyer's Agent

Eunice Puerto

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 10/11/2024

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $303

Year Built

  • Built in 1928

Interior Spaces

  • 1 Full Bathroom
  • Furnished
  • Shades
  • Blinds
  • Laundry Room

Kitchen

  • Stove
  • Microwave

Additional Features

  • End Unit
  • Baseboard Heating

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$303

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Blinds, Furnished, Shades
  • Lvt Date: 10/11/2024
  • Year Built: 1928
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Other Rooms: Laundry/Utility Room
  • Common Area Features: Elevator, Laundromat On Site, Outside Shower, Security, Storage Facility

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Electric, Insurance, Maintenance, Sewer, Trash, Water, Hot Water, Heat
  • Condo Name: Homestead
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 12, 2024
Sold by
Lukasiewicz Emily and Lukasiewicz Jameson
Bought by
Barrantes-Saavedra Diego and Puerto Eunice Y
Seller's Agent
Eunice Puerto
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Buyer's Agent
Eunice Puerto
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Total Days on Market
28
Views
75
Current Estimated Value
$171,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,982
Avg. Annual Appreciation
9.57%
Original Mortgage
$40,000
Outstanding Balance
$37,360
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$134,622

Purchase Details

Listed on
Jan 17, 2015
Closed on
Sep 22, 2015
Sold by
Braconnier John F
Bought by
Lukasiewica Emily and Jamison Etals
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%

Purchase Details

Closed on
Aug 6, 2012
Sold by
Stewart Beverly L
Bought by
Braconnier John F

Purchase Details

Closed on
Oct 25, 2004
Sold by
S I D Homestead Llc
Bought by
Stewart Beverly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,060
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $160,000 Title Company Of Jersey
Deed $160,000 Title Company Of Jersey
Deed $35,000 --
Deed $35,000 --
Deed $20,000 North American Title Agency
Deed $20,000 North American Title Agency
Deed $113,400 Congress Title Division
Deed $113,400 Congress Title Division
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 New Conventional
Previous Owner $102,060 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $160,000 -5.9% --
10/11/2024 10/11/24 For Sale $170,000 +385.7% --
09/18/2015 09/18/15 Sold $35,000 0.0% --
08/16/2015 08/16/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $35,000 -- --
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 $303 $59,300 $9,300 $50,000
2024 $303 $27,000 $9,300 $17,700
2023 $289 $27,000 $9,300 $17,700
2022 $278 $27,000 $9,300 $17,700
2021 $261 $27,000 $9,300 $17,700
2020 $264 $27,000 $9,300 $17,700
2019 $261 $27,000 $9,300 $17,700
2018 $259 $27,000 $9,300 $17,700
2017 $255 $27,000 $9,300 $17,700
2016 $245 $27,000 $9,300 $17,700
2015 $242 $27,000 $9,300 $17,700
2014 $238 $27,000 $9,300 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 589943

South Jersey Shore Regional MLS

APN: 08-00702-0000-00025-0000-C502