NOT LISTED FOR SALE

900 Park Place Unit 8 Ocean City, NJ 08226

Estimated Value: $770,000 - $944,000

2 Beds
2.5 Baths
952 Sq Ft
5,619 Sq Ft Lot

Last Sold October 02, 2018

Last sale price $478,500 $503 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,908/month

115 Days on Market

Highlights

  • Water Views
  • Unit is on the top floor
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • Central Air

About This Home

As of October 2018

Immaculate Beach Block condo featuring 2 Bedrooms and 2.5 Baths with stunning ocean views; the unit and building have been completely redone. New exterior, railings, siding, decks, etc. Brand new Kitchen, Appliances, Bathroom, Flooring, Furnishings, and much more. 2 Off-Street parking spaces included with the unit. This is a perfect turn-key shore retreat or rental unit. Can't ask for a better location; steps to the Northend / Gardens beaches and boardwalk. Close enough to all of the action. Property features captivating views of the Ocean and Beach from the great room and Bedroom.

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC License #0341733 Listed on: 03/29/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

SHIRLEY VALLEE

NEW ERA REAL ESTATE-H License #0561437

NEW ERA REAL ESTATE-H

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,187

Lot Details

  • 5,619

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Additional Features

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

Community Details

Overview

  • Association fees include insurance, maintenance, sewer, trash, water
  • Park Place Condos

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,187

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 03/30/2018
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Sewer, Trash, Water
  • Condo Name: Park Place
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Sep 25, 2018
Sold by
Boutcher Paul and Boutcher Margaret
Bought by
Appel Bridgit A and Apeel Joseph R
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
SHIRLEY VALLEE
NEW ERA REAL ESTATE-H
List Price
$489,000
Sold Price
$478,500
Premium/Discount to List
-$10,500
-2.15%
Current Estimated Value
$818,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,980
Avg. Annual Appreciation
8.20%
Original Mortgage
$430,650
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2010
Sold by
Marino Cara M
Bought by
Boutcher Paul and Boutcher Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Appel Bridgit A $478,500 --
Boutcher Paul $370,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appel Bridget A $424,500
Closed Appel Bridgit A $430,650
Previous Owner Boutcher Paul $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $478,500 -2.1% $503 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $489,000 -- $514 / Sq Ft
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 $4,187 $373,200 $229,600 $143,600
2023 $3,997 $373,200 $229,600 $143,600
2022 $3,840 $373,200 $229,600 $143,600
2021 $2,784 $373,200 $229,600 $143,600
2020 $3,650 $373,200 $229,600 $143,600
2019 $3,609 $373,200 $229,600 $143,600
2018 $3,334 $348,000 $229,600 $118,400
2017 $3,282 $348,000 $229,600 $118,400
2016 $3,156 $348,000 $229,600 $118,400
2015 $3,115 $348,000 $229,600 $118,400
2014 $3,069 $348,000 $229,600 $118,400
Source: Public Records

Agents Affiliated with this Home

  • Jason Frost

    Seller's Agent in 2018

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    161 in this area

    192 Total Sales

    Jason Frost
    Section Image

  • S

    Buyer's Agent in 2018

    SHIRLEY VALLEE

    RE/MAX

    (856) 275-3171

    1 Total Sale

    SHIRLEY VALLEE
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 503092

South Jersey Shore Regional MLS

APN: 08-00301-0000-00002-0000-C8

New Jersey Cape May County Ocean City 08226

900 Park Place Unit 8, Ocean City, NJ

This home is located at 900 Park Place Unit 8, Ocean City, NJ 08226 since 29 March 2018 and is currently estimated at $818,480, approximately $859 per square foot. 900 Park Place Unit 8 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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