NOT LISTED FOR SALE

809 Bay Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $817,911 - $986,000

3 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 08, 2020

Last sale price $490,000

Est. 85% increase in value since last sale

Current estimated payment $5,154/month

84 Days on Market

Highlights

  • Water Views
  • No HOA
  • 1 Car Attached Garage
  • Ocean City Primary School Rated A
  • Balcony
  • Central Air

About This Home

As of May 2020

WHAT A VIEW!!! WHAT A LOCATION!!! Awesome Bayview upper level condo overlooking Snug Harbor and the beautiful 9th Street Bridge and it's cool LED multi-colored lighting. Short walk or bike ride to all the action including Beach, Boardwalk, Bay, shopping, playground and supermarket. Many upgrades recently made including waterproof wood laminate flooring throughout, remodeled main bath with whirlpool tub and gas fireplace with exterior chimney. You'll love the awesome view as the sun sets and the many fabulous highlights of this gorgeous Ocean City home. Hurry, homes like this sell quickly!!!

Last Agent to Sell the Property

Mark Schneider

Schneider Real Estate Agency License #8533840 Listed on: 12/10/2019

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 2004

Lot Details

  • 3,485

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Upper Level

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00810-0000-00003-0000-C2

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,117

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 2004
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 3
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 08-00810-0000-00003-0000-C2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4117.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
May 4, 2020
Sold by
Schneider Mark A and Schneider Svetlana W
Bought by
Cafagna John J and Cafagna Stacey M
Seller's Agent
Mark Schneider
Schneider Real Estate Agency
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$514,900
Sold Price
$490,000
Premium/Discount to List
-$24,900
-4.84%
Current Estimated Value
$906,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,978
Avg. Annual Appreciation
11.91%
Original Mortgage
$392,000
Outstanding Balance
$347,366
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$559,612

Purchase Details

Closed on
Apr 9, 2013
Sold by
Lenahan John and Lenahan Cynthia
Bought by
Schneider Mark A and Schneider Svetlana W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Dougherty Johnson Builders
Bought by
Lenahan John and Lenahan Cynthia
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
Cafagna John J $490,000 Misc Company
Schneider Mark A $440,000 North American Title Agency
Lenahan John $455,000 West Jersey Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cafagna John J $392,000
Previous Owner Schneider Mark A $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $490,000 -4.8% --
04/22/2020 04/22/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $514,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,776 $425,700 $165,600 $260,100
2024 $4,776 $425,700 $165,600 $260,100
2023 $4,559 $425,700 $165,600 $260,100
2022 $4,380 $425,700 $165,600 $260,100
2021 $3,176 $425,700 $165,600 $260,100
2020 $4,163 $425,700 $165,600 $260,100
2019 $4,117 $425,700 $165,600 $260,100
2018 $4,078 $425,700 $165,600 $260,100
2017 $4,014 $425,700 $165,600 $260,100
2016 $3,861 $425,700 $165,600 $260,100
2015 $3,810 $425,700 $165,600 $260,100
2014 $3,755 $425,700 $165,600 $260,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Schneider

    Seller's Agent in 2020

    Mark Schneider

    Schneider Real Estate Agency

    (609) 893-4600

    240 Total Sales

    Mark Schneider
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2020

    NON MEMBER MORR

    NON MEMBER

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21947943

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00810-0000-00003-0000-C2

New Jersey Cape May County Ocean City 08226

809 Bay Ave Unit 2, Ocean City, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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