NOT LISTED FOR SALE

870 E 7th St Unit 403 Ocean City, NJ 08226

Estimated Value: $353,058 - $398,000

1 Bed
1 Bath
-- Sq Ft
0.76 Acres

Last Sold April 28, 2012

Last sale price $165,000

Est. 126% increase in value since last sale

Current estimated payment $2,139/month

3 Days on Market

Highlights

  • Unit is on the top floor
  • Building is beachfront but unit may not have water views
  • Community Pool
  • Ocean City Primary School Rated A
  • Furnished
  • Elevator

About This Home

As of April 2012

Just off the Beach & Boardwalk, this one bedroom condo. is turnkey! Loctaed at the Ocean 7 condo. complex with pool, parking, storage and more. Utilities included in condo. fee. Great seasonal complex history. Just reduced!

Last Agent to Sell the Property

JOHN LAROSA

Fox Real Estate-Ocean License #9486162 Listed on: 04/14/2012

Last Buyer's Agent

JOHN LAROSA

Fox Real Estate-Ocean License #9486162 Listed on: 04/14/2012

Property Details

Home Type

  • Condominium

Lot Details

  • 0.76

Home Design

  • Steel Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Drapes & Rods
  • Carpet

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Building is beachfront but unit may not have water views
  • Unit is on the top floor

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Also Includes: Drapes, Furnished
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Elevator, Pool

Exterior Features

  • Siding Exterior: Masonry/Block, Steel

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2012
Closed on
Apr 26, 2012
Sold by
Beaver Properties Llc
Bought by
Al Saleem Kaldoon and Al Saleem Luma
Seller's Agent
JOHN LAROSA
Fox Real Estate-Ocean
Buyer's Agent
JOHN LAROSA
Fox Real Estate-Ocean
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$373,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,015
Avg. Annual Appreciation
6.17%
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
Al Saleem Kaldoon $165,000 The Title Company Of Jersey
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2012 04/28/12 Sold $165,000 0.0% --
04/17/2012 04/17/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $165,000 -- --
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
2025 $2,117 $188,700 $95,600 $93,100
2024 $2,117 $188,700 $95,600 $93,100
2023 $2,021 $188,700 $95,600 $93,100
2022 $1,942 $188,700 $95,600 $93,100
2021 $1,896 $188,700 $95,600 $93,100
2020 $1,845 $188,700 $95,600 $93,100
2019 $1,825 $188,700 $95,600 $93,100
2018 $1,808 $188,700 $95,600 $93,100
2017 $1,779 $188,700 $95,600 $93,100
2016 $1,712 $188,700 $95,600 $93,100
2015 $1,689 $188,700 $95,600 $93,100
2014 $1,664 $188,700 $95,600 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 393597

South Jersey Shore Regional MLS

APN: 08-00701-0000-00015-0000-C403