NOT LISTED FOR SALE

848 E 7th St Ocean City, NJ 08226

Estimated Value: $866,000 - $1,298,613

4 Beds
3 Baths
-- Sq Ft
0.42 Acres

Last Sold June 05, 2020

Last sale price $550,000

Est. 119% increase in value since last sale

Current estimated payment $6,895/month

106 Days on Market

Highlights

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

About This Home

As of June 2020

Unique end unit with ocean views off of front porch and large porch overlooking pool in the rear. 4 bedroom/3 bathroom. Gorgeous heated pool. A stone's throw from the boardwalk, water park, and all of Ocean City's greatest attractions. Excellent rental history!

Last Agent to Sell the Property

MICHAEL DUKEMAN

Keller Williams Realty Jersey Shore-Ocean City Listed on: 01/08/2020

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

CAROL HEENAN

Keller Williams Realty Jersey Shore-Ocean City License #1650091

Last Buyer's Agent

Gary Jessel

FOX REAL ESTATE-Brighton

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1982

Lot Details

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

Property Views

  • Water
  • Pool

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Spa
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include maintenance, sewer, trash, water, pool
  • Community Deck or Porch

Townhouse Details

Home Type

Townhome

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Partially Furnished
  • Year Built: 1982
  • Age: 25+ Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, First Floor, Pool View, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Common Area Features: Enclsd/Covered Porch, Outside Shower, Pool

Exterior Features

  • Siding Exterior: Masonry/Block, Stucco

Garage/Parking

  • Parking Exterior: Three Or More Cars, Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Pets Allowed, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jun 4, 2020
Sold by
Lamine Mariann T
Bought by
Bozzacco Glenn S and Bozzacco Marian A
Seller's Agent
MICHAEL DUKEMAN
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
List Price
$624,900
Sold Price
$550,000
Premium/Discount to List
-$74,900
-11.99%
Current Estimated Value
$1,204,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,396
Avg. Annual Appreciation
13.95%
Original Mortgage
$440,000
Outstanding Balance
$390,026
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$743,627

Purchase Details

Closed on
Jun 20, 1988
Sold by
Lamaine Thomas
Bought by
Lamaine Mariann
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
Bozzacco Glenn S $550,000 Misc Company
Lamaine Mariann $20,000 --
Lamaine Mariann T $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bozzacco Glenn S $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $550,000 -6.8% --
04/23/2020 04/23/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $589,900 -5.6% --
01/08/2020 01/08/20 For Sale $624,900 -- --
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 $6,705 $597,600 $400,800 $196,800
2024 $6,705 $597,600 $400,800 $196,800
2023 $6,400 $597,600 $400,800 $196,800
2022 $6,149 $597,600 $400,800 $196,800
2021 $4,458 $597,600 $400,800 $196,800
2020 $5,845 $597,600 $400,800 $196,800
2019 $5,779 $597,600 $400,800 $196,800
2018 $5,725 $597,600 $400,800 $196,800
2017 $5,635 $597,600 $400,800 $196,800
2016 $5,420 $597,600 $400,800 $196,800
2015 $5,349 $597,600 $400,800 $196,800
2014 $5,271 $597,600 $400,800 $196,800
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL DUKEMAN

    Seller's Agent in 2020

    MICHAEL DUKEMAN

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 367-2908

    5 in this area

    6 Total Sales

    MICHAEL DUKEMAN
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    CAROL HEENAN

    Keller Williams Realty Jersey Shore-Ocean City

    Section Image
  • Gary Jessel

    Buyer's Agent in 2020

    Gary Jessel

    FOX REAL ESTATE-Brighton

    (877) 626-5369

    40 in this area

    41 Total Sales

    Gary Jessel
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 532138

South Jersey Shore Regional MLS

APN: 08-00701-0000-00012-0000-C10

New Jersey Cape May County Ocean City 08226

848 E 7th St, Ocean City, NJ

Not Listed for Sale

Townhouses

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