NOT LISTED FOR SALE

854 E 7th St Unit S3 Ocean City, NJ 08226

Estimated Value: $998,000 - $1,250,000

3 Beds
3 Baths
1,632 Sq Ft
$690/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $547,500 $335 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,388/month

548 Days on Market

About This Home

As of October 2020

This beautifully maintained 3/4 bedroom townhouse with 3 full baths is located just steps from the beach and boardwalk. There are two reserved parking spaces and best of all - a heated POOL. It has new railings, patio doors and windows, recent decks and siding along with updated vanities, kitchen and newer furniture throughout. There is central air plus 3 ceiling fans for your comfort along with 3 decks. It also has excellent summer rental history - $35,000 per year. Rental income determined by closing date.

Last Agent to Sell the Property

David Zelinski

BERGER REALTY-E Listed on: 04/02/2019

Co-Listed By

ROBERT FASY

FASY REAL ESTATE License #8910348

Last Buyer's Agent

David Zelinski

BERGER REALTY-E Listed on: 04/02/2019

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 0.42

Parking

  • 2 Parking Spaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 3-Story Property
  • Heating Available

Community Details

Overview

  • Association fees include pool
  • 6Th St Condos

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 3

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Pool
  • Condo Name: 6th St
  • Management: Association

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Oct 30, 2020
Sold by
Grexa Paul E and Grexa Edna M
Bought by
Kauffman Bevelry A and Kaufman Douglas J
Seller's Agent
David Zelinski
BERGER REALTY-E
Buyer's Agent
David Zelinski
BERGER REALTY-E
List Price
$579,000
Sold Price
$547,500
Premium/Discount to List
-$31,500
-5.44%
Current Estimated Value
$1,125,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,135
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Heenan Carol and Dukeman Edward
Bought by
Grexa Paul E and Grexa Edna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Kauffman Bevelry A $547,500 Misc Company
Grexa Paul E $575,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grexa Paul E $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $547,500 -1.4% $335 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $555,000 -4.1% $340 / Sq Ft
04/02/2019 04/02/19 For Sale $579,000 -- $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 $5,603 $499,400 $348,600 $150,800
2024 $5,603 $499,400 $348,600 $150,800
2023 $5,349 $499,400 $348,600 $150,800
2022 $5,139 $499,400 $348,600 $150,800
2021 $3,726 $499,400 $348,600 $150,800
2020 $4,884 $499,400 $348,600 $150,800
2019 $4,829 $499,400 $348,600 $150,800
2018 $4,784 $499,400 $348,600 $150,800
2017 $4,709 $499,400 $348,600 $150,800
2016 $4,530 $499,400 $348,600 $150,800
2015 $4,470 $499,400 $348,600 $150,800
2014 $4,405 $499,400 $348,600 $150,800
Source: Public Records

Agents Affiliated with this Home

  • David Zelinski

    Seller's Agent in 2020

    David Zelinski

    BERGER REALTY-E

    (609) 425-8891

    22 in this area

    27 Total Sales

    David Zelinski
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    ROBERT FASY

    FASY REAL ESTATE

    (609) 624-0414

    ROBERT FASY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 520691

South Jersey Shore Regional MLS

APN: 08-00701-0000-00012-0000-C7

New Jersey Cape May County Ocean City 08226

854 E 7th St Unit S3, Ocean City, NJ

Not Listed for Sale

Townhouses

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