Seller's Agent in 2022
Jeff Quintin
eXp Realty - Ocean City S382K
(609) 398-5333
160 in this area
506 Total Sales
861 5th St Unit 1st floor Ocean City, NJ 08226
Estimated Value: $3,460,000
4
Beds
2
Baths
--
Sq Ft
4,008
Sq Ft Lot
Highlights
- New Construction
- Building is beachfront but unit may not have water views
- Wood Flooring
- Ocean City Primary School Rated A
- Deck
- 4-minute walk to Ocean City Skatepark
About This Home
As of August 2022“Surfer’s Paradise” another stunning new construction home on the beach block of Fifth Street brought to you by ClarkEdward, a with a surplus of front and rear deck space. This 1st floor unit has 4 bedrooms, 2 bathrooms and 2 Car parking (One space in the garage, one on the outside), with 1,583 sq ft of living space. The front of this home has Certainteed shake siding, with Board and Batten and Lap Siding on the side, and a cupola on the top of the home. You will immediately feel at home as you enter the magnificent Great room(kitchen, living room, dining room) that includes a Majestic gas fireplace, stainless steel appliances, and a large, modern island. This unit has a deluxe cabana shower to rinse off after a long beach day or early morning bike ride. Enjoy the sight of a lit-up Ferris Wheel under the stars on a relaxed summer evening and experience the exhilarating feeling of the fresh ocean air, as this home is only a few hundred feet away from the beach. Grab the whole family and enjoy Ove’s warm donuts to start the day and end the day with family fun on the boardwalk and Wonderland Pier.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,069
Year Built
- Built in 2021 | New Construction
Lot Details
- 4,008
Parking
- 1 Car Garage
Home Design
- Cedar Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Deck
- Building is beachfront but unit may not have water views
- Ground Level Unit
Community Details
Recreation
- Outdoor Community Showers
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Sep 19, 2022
Sold by
861-863 Fifth St Llc
Bought by
Fifth Street Waves Ii Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,499,900
Sold Price
$1,490,150
Premium/Discount to List
-$9,750
-0.65%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,969,850
Original Mortgage
$1,448,189
Interest Rate
3.25%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fifth Street Waves Ii Llc | $2,068,841 | Surety Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fifth Street Waves Ii Llc | $1,448,189 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2022 08/09/22 | Sold | $1,490,150 | -0.7% | -- |
| 09/15/2021 09/15/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $1,499,900 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2022 | $7,069 | $687,000 | $687,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Quintin
-
Ryan Huck
Buyer's Agent in 2022
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
(609) 425-8824
69 in this area
93 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 553733
APN: 08 00403-0000-00023- 02
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