NOT LISTED FOR SALE

823 E 4th St Ocean City, NJ 08226

Estimated Value: $1,506,000 - $2,375,132

7 Beds
4.5 Baths
2,732 Sq Ft
$720/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $970,000 $355 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,241/month

61 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Great Room
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 3-minute walk to Lake Memorial Park

About This Home

As of June 2016

Nostalgic Ocean City home completely reconstructed with all modern amenities incl custom chef's kitchen. Oversized home is approx 4000 square feet of living space with extraordinary amount of outdoor living space not typically found at the shore. Located on desirable beach block. Use as a huge single family home or as income producing duplex. Current ground fl rental income $1300/mo to defer mortgage costs - like saving $250k off asking price! Call for a complete list of improvements & upgrades.

Last Agent to Sell the Property

John Walton

Keller Williams Realty Jersey Shore-Ocean City Listed on: 03/04/2016

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

John Walton

Keller Williams Realty Jersey Shore-Ocean City Listed on: 03/04/2016

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,708

Lot Details

  • Lot Dimensions are 40x100
  • Building is beachfront but unit may not have water views
  • Sprinkler System

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Shades
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Den
  • Storage
  • Storage In Attic
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,708

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds, Shades
  • Lvt Date: 03/04/2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Finished
  • Other Rooms: Den/Tv Room, Dining Room, Great Room, In-Law Quarters, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Outside Shower, Patio, Porch, Sprinkler System
  • Siding Exterior: Stucco
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned, Radiant, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Boardwalk Area
  • Lot Dimensions: 40x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 14, 2016
Sold by
Hanson Mark P and Hanson Karen
Bought by
Udicious Steven J and Udicious Kara M
Seller's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
List Price
$970,000
Sold Price
$970,000
Current Estimated Value
$1,967,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$997,533
Avg. Annual Appreciation
8.58%
Original Mortgage
$451,000
Outstanding Balance
$361,003
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,723,178

Purchase Details

Closed on
May 9, 1997
Sold by
O'Neill J Robert
Bought by
Hanson Mark and Hanson Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.88%

Purchase Details

Closed on
Jun 10, 1991
Sold by
Schalk John E and Schalk Judith C
Bought by
Oneill Oneill J and Oneill Margaret M

Purchase Details

Closed on
Apr 2, 1990
Sold by
Perri Philip and Perri Melodie
Bought by
Schalk John and Schalk Judith
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
Udicious Steven J $970,000 None Available
Hanson Mark $264,500 --
Oneill Oneill J $243,500 --
Schalk John $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Udicious Steven J $451,000
Previous Owner Hanson Mark $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $970,000 0.0% $355 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $970,000 -- $355 / Sq Ft
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 $9,708 $865,200 $687,000 $178,200
2024 $9,708 $865,200 $687,000 $178,200
2023 $9,266 $865,200 $687,000 $178,200
2022 $8,903 $865,200 $687,000 $178,200
2021 $6,454 $865,200 $687,000 $178,200
2020 $8,462 $865,200 $687,000 $178,200
2019 $8,366 $865,200 $687,000 $178,200
2018 $8,289 $865,200 $687,000 $178,200
2017 $7,385 $783,100 $687,000 $96,100
2016 $7,103 $783,100 $687,000 $96,100
2015 $7,009 $783,100 $687,000 $96,100
2014 $6,907 $783,100 $687,000 $96,100
Source: Public Records

Agents Affiliated with this Home

  • John Walton

    Seller's Agent in 2016

    John Walton

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 338-7667

    57 in this area

    76 Total Sales

    John Walton
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 463878

South Jersey Shore Regional MLS

APN: 08-00303-0000-00045

New Jersey Cape May County Ocean City 08226

823 E 4th St, Ocean City, NJ

This home is located at 823 E 4th St, Ocean City, NJ 08226 since 04 March 2016 and is currently estimated at $1,967,533, approximately $720 per square foot. 823 E 4th St 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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