NOT LISTED FOR SALE

812-20 Ocean Ave Unit 101 Ocean City, NJ 08226

Estimated Value: $350,000 - $390,000

1 Bed
1 Bath
-- Sq Ft
0.62 Acres

Last Sold May 25, 2021

Last sale price $243,000

Est. 53% increase in value since last sale

Current estimated payment $2,147/month

Highlights

  • Deck
  • End Unit
  • Community Pool
  • Ocean City Primary School Rated A
  • Furnished
  • 1-minute walk to North Street Playground

About This Home

As of May 2021

This first floor south-side corner end unit offers more square footage than an interior unit plus has three additional windows for a sunny and bright atmosphere. Upgrades include extended counter-top, full size refrigerator, tiled back-splash, renovated bath and private balcony just recently resurfaced. Includes onsite parking, all furnishings and is beautifully decorated. Biscayne Suites offers an on site rental front desk with maid service, fantastic rental income (2019 gross rental income $25,979.00) and carefree investment. Beautiful roof top pool with ocean and bay views. Condo fees include water, sewer, flood & building insurances, cable TV, Wi-Fi, local phone, common area maintenance and use of amenities.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 04/22/2021

Last Buyer's Agent

Gray Haenn

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1991

Lot Details

  • 0.62

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Blinds

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, cable, pool
  • Biscayne Suites Condos

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,049

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 04/22/2021
  • Year Built: 1991
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Breakfast Nook
  • Common Area Features: Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • Condo Name: Biscayne Suites
  • Management: Association

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Kissig Christine
Bought by
Kissig Properties Llc
Current Estimated Value
$370,742

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 18, 2021
Sold by
Riley Jeffrey S and Riley Teresa M
Bought by
Kissig Christine
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Gray Haenn
BERGER REALTY-Main
List Price
$239,900
Sold Price
$243,000
Premium/Discount to List
$3,100
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Mar 8, 2011
Sold by
Bayview Loan Servicing Llc
Bought by
Riley Jeffrey S and Riley Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Roffman Deborah L
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Dec 15, 2005
Sold by
Maloney Tara
Bought by
Roffman Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 17, 2005
Sold by
Biscay Associates Llc
Bought by
Maloney Tara

Purchase Details

Closed on
Oct 12, 2004
Sold by
Atlantic Creative Hospitality Inc
Bought by
Biscay Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
5.85%
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
Kissig Properties Llc -- None Listed On Document
Kissig Properties Llc -- None Listed On Document
Kissig Christine $243,000 None Listed On Document
Riley Jeffrey S $175,000 None Available
Bayview Loan Servicing Llc -- None Available
Roffman Deborah L $270,000 The Title Company Of Jersey
Maloney Tara $234,900 --
Biscay Associates Llc $8,975,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Jeffrey S $140,000
Previous Owner Roffman Deborah L $189,000
Previous Owner Biscay Associates Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $243,000 +1.3% --
04/24/2021 04/24/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $239,900 -- --
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 $2,049 $182,600 $65,800 $116,800
2024 $2,049 $182,600 $65,800 $116,800
2023 $1,956 $182,600 $65,800 $116,800
2022 $1,879 $182,600 $65,800 $116,800
2021 $1,209 $162,000 $65,800 $96,200
2020 $1,584 $162,000 $65,800 $96,200
2019 $1,567 $162,000 $65,800 $96,200
2018 $1,552 $162,000 $65,800 $96,200
2017 $1,528 $162,000 $65,800 $96,200
2016 $1,469 $162,000 $65,800 $96,200
2015 $1,450 $162,000 $65,800 $96,200
2014 $1,429 $162,000 $65,800 $96,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2021

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    177 in this area

    188 Total Sales

    Robert Gullo
    Section Image
  • Gray Haenn

    Buyer's Agent in 2021

    Gray Haenn

    BERGER REALTY-Main

    (215) 421-7609

    143 in this area

    161 Total Sales

    Gray Haenn
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 549758

South Jersey Shore Regional MLS

APN: 08-00804-0000-00013-0000-C101

New Jersey Cape May County Ocean City 08226

812-20 Ocean Ave Unit 101, Ocean City, NJ

This home is located at 812-20 Ocean Ave Unit 101, Ocean City, NJ 08226 since 22 April 2021 and is currently estimated at $370,742. This property was built in 1991. 812-20 Ocean Ave Unit 101 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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