NOT LISTED FOR SALE

870 E 7th St Unit 214 Ocean City, NJ 08226

Estimated Value: $314,864 - $358,000

1 Bed
1 Bath
-- Sq Ft
0.76 Acres

Last Sold May 25, 2018

Last sale price $130,000

Est. 156% increase in value since last sale

Current estimated payment $1,871/month

Highlights

  • End Unit
  • Furnished
  • Elevator
  • Ocean City Primary School Rated A
  • Community Pool
  • Outdoor Community Showers

About This Home

As of May 2018

This home is located at 870 E 7th St Unit 214, Ocean City, NJ 08226 since 17 April 2018 and is currently estimated at $333,216. 870 E 7th St Unit 214 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.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 04/17/2018

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean Listed on: 04/17/2018

Property Details

Home Type

  • Condominium

Lot Details

  • End Unit

Parking

  • 1 Parking Space

Interior Spaces

  • 3-Story Property
  • Furnished
  • Blinds
  • Dining Room

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, hot water, heat, cable, pool
  • Ocean 7 Condos

Amenities

  • Building Patio
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Room
  • Common Area Features: Cable Tv, Elevator, Laundromat On Site, Outside Shower, Patio, Pool, Storage Facility

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Heat, Cable, Pool
  • Condo Name: Ocean 7
  • Management: On-Site Professionals

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 24, 2018
Sold by
Werewolf Properties Llc
Bought by
Ruiz Annmarie and Ruiz Brian E
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Current Estimated Value
$333,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,216
Avg. Annual Appreciation
13.30%
Original Mortgage
$104,000
Outstanding Balance
$89,753
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,463

Purchase Details

Closed on
Feb 28, 2017
Sold by
Beaver Properties Llc
Bought by
Werewolf Properties Llc
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
Ruiz Annmarie $130,000 --
Werewolf Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Annmarie $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $130,000 -3.6% --
04/17/2018 04/17/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $134,900 -- --
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 $1,417 $126,300 $57,400 $68,900
2024 $1,417 $126,300 $57,400 $68,900
2023 $1,353 $126,300 $57,400 $68,900
2022 $1,300 $126,300 $57,400 $68,900
2021 $1,265 $126,300 $57,400 $68,900
2020 $1,235 $126,300 $57,400 $68,900
2019 $1,221 $126,300 $57,400 $68,900
2018 $1,210 $126,300 $57,400 $68,900
2017 $1,688 $179,000 $95,700 $83,300
2016 $1,624 $179,000 $95,700 $83,300
2015 $1,602 $179,000 $95,700 $83,300
2014 $1,579 $179,000 $95,700 $83,300
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2018

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    170 in this area

    181 Total Sales

    Robert Gullo
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 503983

South Jersey Shore Regional MLS

APN: 08-00701-0000-00015-0000-C214

New Jersey Cape May County Ocean City 08226

870 E 7th St Unit 214, Ocean City, NJ

Not Listed for Sale

Condos

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