NOT LISTED FOR SALE

813 Bay Ave Ocean City, NJ 08226

Estimated Value: $876,000 - $1,097,000

4 Beds
2 Baths
1,626 Sq Ft
3,485 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $440,000 $271 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,458/month

Highlights

  • Newly Remodeled
  • 1 Fireplace
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • No HOA
  • Living Room

About This Home

As of July 2017

Direct Bay Water Views!!! Fabulous New Construction First Floor Condo! Featuring 4 Bedrooms and 2 Bathrooms, Living Room, Dining Room, and Kitchen. Amenities to Include, Hardwood Flooring, Gas Heat, Central Air, Granite Counter tops, Gas Fireplace, Upgraded Trim Package and More! The Exterior Boasts a One Car Attached Garage, Off Street Parking, and Shower Cabana. Great location - easy access on and off the island. Still time to choose ALL your own finishes! Spring 2017 Completion. Note: Assessment, taxes and condo fees have yet to be determined.

Last Agent to Sell the Property

Dorothy Phillips

(609) 398-9100 dorothy@dorothyandcompany.com BHHS Fox & Roach-109 34th St Ocean City License #TREND:60038711 Listed on: 10/13/2016

BHHS Fox & Roach-109 34th St Ocean City

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 1933 | Newly Remodeled

Lot Details

  • 3,485

Parking

  • 1 Open Parking Space

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 1,626 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include insurance
  • Low-Rise Condominium
  • Ocean City Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,663

Year Built

Built in 1933 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 1933
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1626
  • Living Area Sq Ft: 1626
  • Net Sq Ft: 1626.00
  • Price Per Sq Ft: 282.29
  • Above Grade Finished Sq Ft: 1626
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Dimensions: 64X55
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 00-00000-0000
  • Tax Lot: XXXXX
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jul 24, 2017
Sold by
Kfuzz Development Llc
Bought by
Culp Robert and Culp Kathleen
Seller's Agent
Dorothy Phillips
BHHS Fox & Roach-109 34th St Ocean City
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Current Estimated Value
$968,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,384
Avg. Annual Appreciation
10.03%
Original Mortgage
$374,000
Outstanding Balance
$310,645
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$657,739

Purchase Details

Closed on
Sep 19, 2016
Sold by
Amey Judith and Bello John
Bought by
Kfuzz Development Llc
Source: Public Records

Range of Values:

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Average Value
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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
Culp Robert $440,000 None Available
Kfuzz Development Llc $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culp Robert $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $440,000 -4.1% $271 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $459,000 -- $282 / Sq Ft
Source: Bright 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 $4,663 $415,600 $150,900 $264,700
2024 $4,663 $415,600 $150,900 $264,700
2023 $4,451 $415,600 $150,900 $264,700
2022 $4,277 $415,600 $150,900 $264,700
2021 $3,100 $415,600 $150,900 $264,700
2020 $4,065 $415,600 $150,900 $264,700
2019 $4,019 $415,600 $150,900 $264,700
2018 $3,981 $415,600 $150,900 $264,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dorothy Phillips

    BHHS Fox & Roach

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Map

Source: Bright MLS

MLS Number: 1003278037

Bright MLS

APN: 08-00810-0000-00002-0000-C1

New Jersey Cape May County Ocean City 08226

813 Bay Ave, Ocean City, NJ

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