NOT LISTED FOR SALE

908 1st St Ocean City, NJ 08226

Estimated Value: $5,510,000 - $7,755,000

5 Beds
3.5 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $3,200,000

Est. 102% increase in value since last sale

Current estimated payment $35,836/month

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Recreation Room
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Situated on a 60x100 Lot, One home from the beach, this spectacular 5-bedroom, 3.5 bathroom single family home spans 3,500 sq ft with direct unobstructed OCEAN VIEWS. The Home has been completely refurbished to embody a true Ocean City Classic Cottage. The exterior of the home has been designed with cedar shake siding, antique front door, high-pitched rooflines and a widow walk. The interior boasts airy coffered ceilings, blending a paradigm of indoor/outdoor living. The home features a screened in sunroom, open to the expansive living room with adjacent chef’s kitchen. Equipped with custom cabinetry, glass tile backsplash, quartz counters, appliances by Jenn-air and Sub-Zero and pot filler. The kitchen opens to a formal living room with a gas fireplace with tile surround from the Bucks County museum. The 1st floor is adorned with floor to ceiling custom molding, Dutch style doors and 1890’s style wainscoting! All guest bedrooms have been placed together on the 2nd floor with a junior master suite and 2 additional bedrooms, with an expanded front porch. The Master Suite features a sitting room with private deck to capture the Ocean Views! Also hosting a walk in closet and state of the art bath with marble vanity, sleek fixtures, private water closet with state-of-the-art toilet. Oversized 3rd Floor Bedroom with ample storage! This home comes with parking for 4, an oversized 2 car garage, custom bath house, running yard for pets, mahogany decking and lush landscaped grounds.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 09/03/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,182

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 60x100
  • Building is beachfront but unit may not have water views
  • Fenced
  • Sprinkler System

Home Design

  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Recreation Room
  • Screened Porch
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,182

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Lvt Date: 09/03/2020
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Porch, Porch Screened, Sidewalks, Sprinkler System
  • Siding Exterior: Cedar
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View
  • Lot Dimensions: 60x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Patricia M Rota Revocable Trust and Rota Patricia M
Bought by
Peter Depaul Gst Exempt Combined Trust and Saponaro
Current Estimated Value
$6,457,731

Purchase Details

Closed on
Mar 26, 2024
Sold by
Patricia M Rota Revocable Trust and Rota Patricia M
Bought by
Patricia M Rota Revocable Trust and Rota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 23, 2020
Sold by
Smith Thomas and Smith Leslie
Bought by
Patricia M Rota Ret
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$3,150,000
Sold Price
$3,200,000
Premium/Discount to List
$50,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$2,560,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 11, 2014
Closed on
Sep 2, 2014
Sold by
Bellwoar Joseph and Bellwoar Patricia
Bought by
Smith Thomas and Smith Leslie
Seller's Agent
STANLEY DUZY
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Buyer's Agent
Robert Doliszny
eXp Realty - Ocean City O382L
List Price
$1,675,000
Sold Price
$1,675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$625,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 1989
Sold by
Stuart Jeffrey and Stuart Rosemary
Bought by
Bellwoar Joseph and Bellwoar Patricia

Purchase Details

Closed on
Mar 19, 1989
Sold by
Stuart Rosemary
Bought by
Atlantic City Elec Co

Purchase Details

Closed on
Oct 21, 1988
Sold by
Erdman Kenneth
Bought by
Stuart Jeffrey and Stuart Rosemary
Source: Public Records

Range of Values:

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Average Value
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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
Peter Depaul Gst Exempt Combined Trust $6,500,000 Title Company Of Jersey
Peter Depaul Gst Exempt Combined Trust $6,500,000 Title Company Of Jersey
Patricia M Rota Revocable Trust -- Servicelink
Patricia M Rota Revocable Trust -- Servicelink
Patricia M Rota Ret $3,200,000 Freedom Title
Smith Thomas $1,675,000 Surety Title Company
Bellwoar Joseph $585,000 --
Bellwoar Joseph $585,000 --
Atlantic City Elec Co -- --
Stuart Jeffrey $211,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patricia M Rota Revocable Trust $500,000
Previous Owner Patricia M Rota Ret $2,560,000
Previous Owner Smith Thomas $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $3,200,000 +1.6% --
09/05/2020 09/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $3,150,000 +88.1% --
09/02/2014 09/02/14 Sold $1,675,000 0.0% -- View Prior Sale
07/29/2014 07/29/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $1,675,000 -- --
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 $19,182 $2,203,300 $1,129,800 $1,073,500
2024 $19,182 $1,709,600 $1,129,800 $579,800
2023 $18,310 $1,709,600 $1,129,800 $579,800
2022 $17,592 $1,709,600 $1,129,800 $579,800
2021 $12,719 $1,709,600 $1,129,800 $579,800
2020 $16,580 $1,695,300 $1,129,800 $565,500
2019 $16,394 $1,695,300 $1,129,800 $565,500
2018 $16,241 $1,695,300 $1,129,800 $565,500
2017 $14,250 $1,511,100 $1,129,800 $381,300
2016 $13,706 $1,511,100 $1,129,800 $381,300
2015 $13,524 $1,511,100 $1,129,800 $381,300
2014 $13,328 $1,511,100 $1,129,800 $381,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541562

South Jersey Shore Regional MLS

APN: 08-00100-0000-00004