NOT LISTED FOR SALE

807 Pennlyn Place Unit 1 Ocean City, NJ 08226

Estimated Value: $1,093,000 - $1,601,000

3 Beds
2 Baths
-- Sq Ft
2,396 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $815,000

Est. 58% increase in value since last sale

Current estimated payment $7,608/month

10 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Outdoor Community Showers

About This Home

As of October 2022

Very nice, 3 bedroom, 2 bathroom, 1st floor with gas heat, central air, gas fireplace, hardwood flooring in living room, dining area and kitchen. Very clean, nicely furnished with some exceptions. Large garage with storage room. New air conditioner in 2020, and new hot water in 2021. Front and rear decks and a private outdoor shower. Great location! Won't last! Great rentals with over 14 weeks booked for the upcoming (2023) season, 2022 NET rental income of $33,500.

Last Agent to Sell the Property

JOHN DALEY

FOX REAL ESTATE-Asbury Listed on: 09/08/2022

Last Buyer's Agent

Donna Ang

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,319

Year Built

  • Built in 2003

Lot Details

  • 2,396

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Gas Log Fireplace
  • Blinds
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Pennlyn Place Condos

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,319

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 09/08/2022
  • Year Built: 2003
  • Age: 16 To 20 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: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Primary Br On 1st Floor
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Condo Name: Pennlyn Place
  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 24, 2022
Sold by
Brady Edward P
Bought by
Pascal Elizabeth Ann
Seller's Agent
JOHN DALEY
FOX REAL ESTATE-Asbury
Buyer's Agent
Donna Ang
FOX REAL ESTATE-Brighton
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%
Views
66
Current Estimated Value
$1,284,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,324
Avg. Annual Appreciation
17.57%
Original Mortgage
$652,000
Outstanding Balance
$632,327
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$651,997

Purchase Details

Closed on
May 16, 2003
Sold by
Halliday Leonard Inc
Bought by
Hader Richard T and Hader Christine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.77%

Purchase Details

Closed on
Mar 26, 2003
Sold by
Yhlen David
Bought by
Halliday Leonard Inc and Yhlen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.77%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Foschini Michael A
Bought by
Yhlen David and Yhlen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Pascal Elizabeth Ann $815,000 Title Company Of Jersey
Hader Richard T $415,000 --
Yhlen David -- --
Halliday Leonard Inc -- --
-- $100 --
Halliday Leonard Inc -- --
Yhlen David $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pascal Elizabeth Ann $652,000
Previous Owner Yhlen David $177,000
Previous Owner Yhlen David $250,000
Previous Owner Yhlen David $225,000
Previous Owner Brady Edward P $392,000
Previous Owner -- $332,000
Previous Owner Yhlen David $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $815,000 -4.0% --
09/18/2022 09/18/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $849,000 +73.3% --
10/13/2016 10/13/16 Sold $490,000 0.0% --
08/31/2016 08/31/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $490,000 -- --
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 $7,319 $652,300 $261,500 $390,800
2024 $7,319 $652,300 $261,500 $390,800
2023 $6,986 $652,300 $261,500 $390,800
2022 $6,712 $652,300 $261,500 $390,800
2021 $4,866 $652,300 $261,500 $390,800
2020 $6,379 $652,300 $261,500 $390,800
2019 $6,308 $652,300 $261,500 $390,800
2018 $6,249 $652,300 $261,500 $390,800
2017 $6,151 $652,300 $261,500 $390,800
2016 $5,916 $652,300 $261,500 $390,800
2015 $5,838 $652,300 $261,500 $390,800
2014 $5,753 $652,300 $261,500 $390,800
Source: Public Records

Agents Affiliated with this Home

  • JOHN DALEY

    Seller's Agent in 2022

    JOHN DALEY

    FOX REAL ESTATE-Asbury

    (609) 425-8548

    28 in this area

    37 Total Sales

    JOHN DALEY
    Section Image
  • Donna Ang

    Buyer's Agent in 2022

    Donna Ang

    FOX REAL ESTATE-Brighton

    (609) 703-8970

    61 in this area

    77 Total Sales

    Donna Ang
    Section Image

  • A

    Buyer's Agent in 2016

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566892

South Jersey Shore Regional MLS

APN: 08-00203-0000-00053-0000-C2

New Jersey Cape May County Ocean City 08226

807 Pennlyn Place Unit 1, Ocean City, NJ

This home is located at 807 Pennlyn Place Unit 1, Ocean City, NJ 08226 since 08 September 2022 and is currently estimated at $1,284,324. This property was built in 2003. 807 Pennlyn Place Unit 1 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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