NOT LISTED FOR SALE

861 2nd St Unit 1 Ocean City, NJ 08226

Estimated Value: $1,638,000 - $1,945,000

4 Beds
3 Baths
-- Sq Ft
4,922 Sq Ft Lot

Last Sold June 05, 2015

Last sale price $750,000

Est. 130% increase in value since last sale

Current estimated payment $10,368/month

150 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Great Room

About This Home

As of June 2015

WOW !!! 4 Bedroom 3 Full Bath Custom Built Halliday and Leonard Oversized 1st Floor Condo on 49 X 100 Lot w/ 1800 sq. ft of living space only a 1/2 block to the beach and boardwalk. 3 Decks, all with Ocean Views including a roof top deck. A stunning home with numerous upgrades. Magnificent bathrooms. The entire home features an upgraded lighting package that really sets this home apart. This property already has over $45,900 in rentals booked for 2015 which will go to the new owner.

Last Agent to Sell the Property

KENNETH COOPER, ABR, OCRES, RSPS,

MONIHAN REALTY-A License #8439946 Listed on: 12/13/2014

Last Buyer's Agent

Gary Jessel

FOX REAL ESTATE-Brighton License #RB-8331741

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,233

Year Built

  • Built in 1999

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance
  • 2Nd St Condos

Amenities

  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,233

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Furnished, Rugs, Shades
  • Year Built: 1999
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Upper
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry
  • Common Area Features: Fenced Yard, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block, Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance
  • Condo Name: 2nd St
  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Barnes Scott and Barnes Laurel P
Bought by
Leimkuhler Robert and Leimkuhler Jennifer
Current Estimated Value
$1,723,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$502,812
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,227,273

Purchase Details

Listed on
Dec 13, 2014
Closed on
Jun 12, 2015
Sold by
Dawn C Dell Revocable Trust
Bought by
Barnes Scott P and Barnes Laurel P
Seller's Agent
KENNETH COOPER, ABR, OCRES, RSPS,
MONIHAN REALTY-A
Buyer's Agent
Gary Jessel
FOX REAL ESTATE-Brighton
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$550,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 14, 2013
Sold by
Dell Dawn C
Bought by
Dawn C Dell Revocable Trust
Source: Public Records

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Range of Values:

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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
Leimkuhler Robert $1,184,981 Misc Company
Barnes Scott P $750,000 North American Title Agency
Dawn C Dell Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leimkuhler Robert $548,250
Previous Owner Barnes Scott P $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $750,000 0.0% --
05/12/2015 05/12/15 Pending -- -- --
12/13/2014 12/13/14 For Sale $750,000 -- --
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
2024 $9,233 $822,900 $432,000 $390,900
2023 $8,813 $822,900 $432,000 $390,900
2022 $8,468 $822,900 $432,000 $390,900
2021 $5,679 $761,300 $432,000 $329,300
2020 $7,446 $761,300 $432,000 $329,300
2019 $7,362 $761,300 $432,000 $329,300
2018 $7,293 $761,300 $432,000 $329,300
2017 $7,179 $761,300 $432,000 $329,300
2016 $6,905 $761,300 $432,000 $329,300
2015 $6,814 $761,300 $432,000 $329,300
2014 $6,715 $761,300 $432,000 $329,300
Source: Public Records

Agents Affiliated with this Home

  • Gary Jessel

    Buyer's Agent in 2015

    Gary Jessel

    FOX REAL ESTATE-Brighton

    (877) 626-5369

    54 in this area

    55 Total Sales

    Gary Jessel
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 440241

South Jersey Shore Regional MLS

APN: 08-00103-0000-00027-0000-C1

New Jersey Cape May County Ocean City 08226

861 2nd St Unit 1, Ocean City, NJ

This home is located at 861 2nd St Unit 1, Ocean City, NJ 08226 since 13 December 2014 and is currently estimated at $1,723,112. This property was built in 1999. 861 2nd St Unit 1 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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