NOT LISTED FOR SALE

913 E 4th St Unit 2nd floor Ocean City, NJ 08226

Estimated Value: $2,119,515 - $2,603,000

5 Beds
4 Baths
-- Sq Ft
4,008 Sq Ft Lot Lot

Sale Details

Date Sold: November 6, 2020

Last sale price $1,651,000

Est. 44% increase in value since last sale

Current estimated payment $13,705 / mo

2 Days on Market

Highlights

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

About This Home

As of November 2020

Magnificent beach-block with ocean views! This top-floor unit is located just one lot away from the beach and boardwalk in beautiful Ocean City, NJ. The upper-cottage style property boasts 5 bedrooms and 4 full bathrooms, including an upper level 2nd master bedroom with en-suite bath. The gourmet chef's kitchen, located on the lower level, features an oversized center island complete with a built-in wine fridge and microwave oven and plenty of room for food prep and dining. Other interior upgrades include an elevator, wide-plank hardwood flooring, stainless appliances, 3 en-suite baths, and two master suites. The exterior boasts multiple decks (both covered and open) driveway parking for 2 vehicles, attached garage, and ground level storage and beach shower. Throw a stone and hit the quiet end of the boardwalk from this gorgeous and rare property. 3D tour link in listing information.

Last Agent to Sell the Property

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC Listed on: 09/11/2020

BHHS FOX and ROACH-Simpson OC

Co-Listed By

IAN WILLS

BHHS FOX and ROACH-Simpson OC License #1864275

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2015

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Assigned Parking

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2015

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Year Built: 2015
  • Age: 2 To 5 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Two Car, Assigned, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 2, 2020
Sold by
Karaszkiewicz James and Karaszkiewicz Nancy
Bought by
Stone William H and Stone Kathleen A
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$1,599,000
Sold Price
$1,651,000
Premium/Discount to List
$52,000
3.25%
Current Estimated Value
$2,373,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,379
Avg. Annual Appreciation
6.89%
Original Mortgage
$700,000
Outstanding Balance
$622,901
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,750,478

Purchase Details

Listed on
Nov 21, 2014
Closed on
Oct 9, 2015
Sold by
Oteri Stephen and Oteri Mary C
Bought by
Karaszkiewicz James and Karaszkiewicz Nancy
Seller's Agent
DONNA BROWN
BERGER REALTY-Main
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,040,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stone William H $1,651,000 Freedom Title
Karaszkiewicz James $1,300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone William H $700,000
Previous Owner Karaszkiewicz James $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $1,651,000 +3.3% --
09/13/2020 09/13/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,599,000 +23.0% --
10/09/2015 10/09/15 Sold $1,300,000 0.0% -- View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $1,300,000 -- --
Source: South Jersey Shore Regional MLS

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 $14,495 $1,291,900 $492,800 $799,100
2024 $14,495 $1,291,900 $492,800 $799,100
2023 $13,836 $1,291,900 $492,800 $799,100
2022 $13,294 $1,291,900 $492,800 $799,100
2021 $9,638 $1,291,900 $492,800 $799,100
2020 $12,635 $1,291,900 $492,800 $799,100
2019 $12,493 $1,291,900 $492,800 $799,100
2018 $12,376 $1,291,900 $492,800 $799,100
2017 $12,183 $1,291,900 $492,800 $799,100
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH SHEPPARD

    Seller's Agent in 2020

    JOSEPH SHEPPARD

    BHHS Fox & Roach

    (609) 602-0501

    60 in this area

    78 Total Sales

    JOSEPH SHEPPARD
    Section Image
  • IAN WILLS

    Seller Co-Listing Agent in 2020

    IAN WILLS

    BHHS Fox & Roach

    (215) 519-2182

    3 in this area

    4 Total Sales

    IAN WILLS
    Section Image

  • D

    Seller's Agent in 2015

    DONNA BROWN

    BERGER REALTY-Main

    22 in this area

    25 Total Sales

    DONNA BROWN
    Section Image
  • Thomas Melchionni

    Seller Co-Listing Agent in 2015

    Thomas Melchionni

    BERGER REALTY-Main

    (609) 602-8208

    10 in this area

    10 Total Sales

    Thomas Melchionni
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541952

South Jersey Shore Regional MLS

APN: 08-00301-0000-00012-0000-C2

New Jersey Cape May County Ocean City 08226

913 E 4th St Unit 2nd floor, Ocean City, NJ

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