NOT LISTED FOR SALE

847 Plymouth Place Unit P1 Ocean City, NJ 08226

Estimated Value: $1,057,000 - $1,361,000

3 Beds
3 Baths
1,632 Sq Ft
0.42 Acres

Last Sold June 13, 2014

Last sale price $525,000 $322 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,892/month

140 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • End Unit
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of June 2014

Stunning Condominium with ocean view off the front deck. The kitchen features new granite. Many other upgrades including a new heating system, beautifully redone siding and decking. Gorgeous heated pool. Property has a great rental history. A stone’s throw away to the boardwalk, water park and all of Ocean City’s greatest attractions. Price to sell with one of the lowest condo fees in town (includes pool, upkeep, outside flood insurance, sewer and water). This gem generated over 40k in rentals for 2013.

Last Agent to Sell the Property

MICHAEL DUKEMAN

Keller Williams Realty Jersey Shore-Ocean City Listed on: 12/13/2013

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Tim McLaughlin

MONIHAN REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Building is beachfront but unit may not have water views
  • End Unit

Property Views

  • Water
  • Pool

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Dining Area
  • Den

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include maintenance, management, sewer, trash, water

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Year Built: 1984
  • Age: 25+ Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Pool View, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Other Rooms: Den/Tv Room, Dining Area, Laundry/Utility Room
  • Common Area Features: Pool

Exterior Features

  • Siding Exterior: Stucco, Vinyl

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Maintenance, Management, Sewer, Trash, Water
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Front

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2013
Closed on
Jun 13, 2014
Sold by
Heenan Joseph and Heenan Sharon
Bought by
Johns Rich and Johns Nadine
Seller's Agent
MICHAEL DUKEMAN
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Tim McLaughlin
MONIHAN REALTY
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$1,214,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,687
Avg. Annual Appreciation
7.55%
Original Mortgage
$250,000
Outstanding Balance
$190,084
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$1,024,603

Purchase Details

Closed on
Dec 31, 2003
Sold by
Heenan Mildred M
Bought by
Heenan Joseph

Purchase Details

Closed on
Dec 31, 2002
Sold by
Heenan Mildred M
Bought by
Heenan Joseph

Purchase Details

Closed on
Dec 31, 2001
Sold by
Heenan Mildred M
Bought by
Heenan Joseph and Heenan Sharon

Purchase Details

Closed on
Apr 7, 1992
Sold by
Heenan William and Heenan Mildred
Bought by
Heenan Joseph and Heenan Mildred M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johns Rich $550,000 North American Title
Heenan Joseph $11,000 --
Heenan Joseph $11,000 --
Heenan Joseph $20,000 --
Heenan Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johns Rich $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2014 06/13/14 Sold $525,000 0.0% $322 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $525,000 -- $322 / 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 $6,032 $537,600 $348,600 $189,000
2024 $6,032 $537,600 $348,600 $189,000
2023 $5,758 $537,600 $348,600 $189,000
2022 $5,532 $537,600 $348,600 $189,000
2021 $4,007 $537,600 $348,600 $189,000
2020 $5,258 $537,600 $348,600 $189,000
2019 $5,199 $537,600 $348,600 $189,000
2018 $5,150 $537,600 $348,600 $189,000
2017 $5,070 $537,600 $348,600 $189,000
2016 $4,876 $537,600 $348,600 $189,000
2015 $4,812 $537,600 $348,600 $189,000
2014 $4,412 $500,200 $348,600 $151,600
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL DUKEMAN

    Seller's Agent in 2014

    MICHAEL DUKEMAN

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 367-2908

    5 in this area

    6 Total Sales

    MICHAEL DUKEMAN
    Section Image
  • Tim McLaughlin

    Buyer's Agent in 2014

    Tim McLaughlin

    MONIHAN REALTY

    (609) 576-0002

    43 in this area

    56 Total Sales

    Tim McLaughlin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 421383

South Jersey Shore Regional MLS

APN: 08-00701-0000-00012-0000-C1

New Jersey Cape May County Ocean City 08226

847 Plymouth Place Unit P1, Ocean City, NJ

Not Listed for Sale

Condos

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