Rare Ocean Colony unit includes two parking spaces! Enjoy terrific ocean views from this 6th floor unit. Amenities include heated pool, fitness center, game room, community room, saunas and storage.
Last Agent to Sell the Property
Fox Real Estate-Ocean License #0233337 Listed on: 04/04/2013
$169,900
#24 Sifting Sands is 1st floor unit, in excellent condition, sleeping 4 people. In 2024 it grossed $14,790 in summer rentals add another $4,550 for the winter rental totaling $19,340.00. This unit has several upgrades that are reflected in the pictures. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW
Jessee Briglia Fox Real Estate-Ocean
$199,900
Unit #47 @ The "Sifting Sands" Condo/Motel. This is a 2nd floor corner unit, it sleeps 6 people, and is one of the largest and highest grossing floorplans in the building. (2024 Gross = $23,138.89). Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was
Jessee Briglia Fox Real Estate-Ocean
$179,900
RENTAL POWERHOUSE! 2023 Income was $23,623.81 ($19,423.81 summer, $4,200 winter). 2024 Income was $24,513.17 ($19,963.17 summer, $4,550 winter). After all expenses, this unit generates over $9,000, bringing in a solid 5% return on invested dollars with a cash purchase, before factoring in tax write-offs and increased value due to inflation & market conditions. Unit #14 @ The "Sifting Sands"
Jessee Briglia Fox Real Estate-Ocean
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,750,000 | Freedom Title | |
| Bargain Sale Deed | $1,750,000 | Freedom Title | |
| Deed | $380,000 | -- | |
| Deed | $236,400 | North American Title Ins Co | |
| Deed | $95,500 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $35,000 | Unknown | |
| Previous Owner | $76,000 | No Value Available |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2018 09/28/18 | Sold | $380,000 | -5.0% | -- |
| 07/03/2018 07/03/18 | Pending | -- | -- | -- |
| 07/03/2018 07/03/18 | For Sale | $399,900 | +69.2% | -- |
| 08/22/2013 08/22/13 | Sold | $236,400 | 0.0% | -- |
| 07/08/2013 07/08/13 | Pending | -- | -- | -- |
| 04/04/2013 04/04/13 | For Sale | $236,400 | -- | -- |
| 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 | $2,402 | $236,400 | $123,000 | $113,400 |
| 2023 | $2,282 | $236,400 | $123,000 | $113,400 |
| 2022 | $2,183 | $236,400 | $123,000 | $113,400 |
| 2021 | $1,762 | $236,400 | $123,000 | $113,400 |
| 2020 | $2,312 | $236,400 | $123,000 | $113,400 |
| 2019 | $2,286 | $236,400 | $123,000 | $113,400 |
| 2018 | $2,265 | $236,400 | $123,000 | $113,400 |
| 2017 | $2,229 | $236,400 | $123,000 | $113,400 |
| 2016 | $2,431 | $268,000 | $154,600 | $113,400 |
| 2015 | $2,399 | $268,000 | $154,600 | $113,400 |
| 2014 | $2,364 | $268,000 | $154,600 | $113,400 |
Seller's Agent in 2018
Robert Gullo
Fox Real Estate-Ocean
(856) 305-2091
184 in this area
194 Total Sales
Source: South Jersey Shore Regional MLS
MLS Number: 409211
APN: 08-00901-0000-00023-0000-C635
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