NOT LISTED FOR SALE

866 Pennlyn Place Unit 1 Ocean City, NJ 08226

Estimated Value: $1,144,000 - $1,401,047

3 Beds
2 Baths
-- Sq Ft
2,962 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $752,000

Est. 69% increase in value since last sale

Current estimated payment $7,297/month

Highlights

  • Deck
  • Wood Flooring
  • Furnished
  • Ocean City Primary School Rated A
  • Corner Lot
  • Ground Level Unit

About This Home

As of October 2020

Beautifully and recently upgraded, North-end, beach block ,1st floor condo--with 3 bedrooms and 2 full baths. Some of the many upgrades include, new air conditioning, new roof, new floors, new kitchen (kitchen cabinets, flooring, granite counter tops, lighting), new bathrooms (both). The interior, freshly painted throughout, is tastefully decorated and also newly furnished. The master-bedroom-also newly furnished, includes a master-bath, and has its own private entrance/exit to the huge outside, wrap around deck! The outside features a long, 2 car garage, with a paver driveway and is also newly and professionally landscaped. This property comes fully furnished, minus personal exceptions. This is not a current rental, but has amazing rental potential!! Steps to the beach and boards!! This won’t last long!!

Last Agent to Sell the Property

Gary Jessel

FOX REAL ESTATE-Brighton Listed on: 08/13/2020

Last Buyer's Agent

Brian Logue

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,735

Year Built

  • Built in 2003

Lot Details

  • 2,962

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 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
  • Ground Level Unit

Community Details

Overview

  • Pennlyn Place Condos

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,735

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Year Built: 2003
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Master Br On 1st Floor
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: One Car

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

  • Condo Name: Pennlyn Place
  • Management: Co-Owner

Lot Info

  • Location: Corner, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2017
Sold by
Petrillo Anthony M
Bought by
Dascher Mitchell and Dascher Susan
Current Estimated Value
$1,270,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$155,171
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,115,591

Purchase Details

Closed on
Jun 6, 2016
Sold by
Petrillo Mildred R
Bought by
Petrillo Anthony M

Purchase Details

Closed on
Sep 13, 2003
Sold by
Spencer Howard
Bought by
Petrillo Mildred R
Source: Public Records

Range of Values:

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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
Dascher Mitchell $575,000 None Available
Petrillo Anthony M -- None Available
Petrillo Mildred R $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dascher Mitchell $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $752,000 +0.4% --
08/16/2020 08/16/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $748,900 -- --
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 $7,735 $689,400 $357,500 $331,900
2024 $7,735 $689,400 $357,500 $331,900
2023 $7,383 $689,400 $357,500 $331,900
2022 $7,094 $689,400 $357,500 $331,900
2021 $5,143 $689,400 $357,500 $331,900
2020 $6,742 $689,400 $357,500 $331,900
2019 $6,667 $689,400 $357,500 $331,900
2018 $6,604 $689,400 $357,500 $331,900
2017 $6,501 $689,400 $357,500 $331,900
2016 $6,253 $689,400 $357,500 $331,900
2015 $6,170 $689,400 $357,500 $331,900
2014 $6,081 $689,400 $357,500 $331,900
Source: Public Records

Agents Affiliated with this Home

  • Gary Jessel

    Seller's Agent in 2020

    Gary Jessel

    FOX REAL ESTATE-Brighton

    (877) 626-5369

    43 in this area

    44 Total Sales

    Gary Jessel
    Section Image
  • Brian Logue

    Buyer's Agent in 2020

    Brian Logue

    BHHS Fox & Roach

    (609) 827-0820

    113 in this area

    198 Total Sales

    Brian Logue
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 540613

South Jersey Shore Regional MLS

APN: 08-00204-0000-00027-0000-C1

New Jersey Cape May County Ocean City 08226

866 Pennlyn Place Unit 1, Ocean City, NJ

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