NOT LISTED FOR SALE

816 Pennlyn Place Unit 18 Ocean City, NJ 08226

Estimated Value: $1,014,000 - $1,429,798

-- Bed
-- Bath
1,626 Sq Ft
$790/Sq Ft Est. Value

About This Home

This home is located at 816 Pennlyn Place Unit 18, Ocean City, NJ 08226 and is currently estimated at $1,284,700, approximately $790 per square foot. 816 Pennlyn Place Unit 18 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Beams Llc
Bought by
Colahan Margaret F and Colahan Michael
Current Estimated Value
$1,284,700

Purchase Details

Closed on
Oct 2, 2023
Sold by
Beams Llc
Bought by
816-818 Pennlyn Place Condominium

Purchase Details

Closed on
Sep 5, 2014
Sold by
Till George and Buchanan Till Ann
Bought by
Beams Llc

Purchase Details

Closed on
Dec 29, 2009
Sold by
Grimes Mark
Bought by
Till George and Buchanan Till Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Soft Beach Ventures Llc
Bought by
Grimes Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Colahan Margaret F $1,199,000 Trident Land Transfer
816-818 Pennlyn Place Condominium -- None Listed On Document
816-818 Pennlyn Place Condominium -- None Listed On Document
Beams Llc $775,000 None Available
Till George $639,000 Commonwealth Land Title Insu
Grimes Mark -- Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Till George $511,000
Previous Owner Grimes Mark $417,000
Source: Public Records

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 $7,719 $688,000 $309,700 $378,300
2024 $7,719 $688,000 $309,700 $378,300
2023 $7,368 $688,000 $309,700 $378,300
2022 $7,080 $688,000 $309,700 $378,300
2021 $6,914 $688,000 $309,700 $378,300
2020 $6,729 $688,000 $309,700 $378,300
2019 $6,653 $688,000 $309,700 $378,300
2018 $6,591 $688,000 $309,700 $378,300
2017 $6,488 $688,000 $309,700 $378,300
2016 $6,240 $688,000 $309,700 $378,300
2015 $6,158 $688,000 $309,700 $378,300
2014 -- $688,000 $309,700 $378,300
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

816 Pennlyn Place Unit 18, Ocean City, NJ

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