NOT LISTED FOR SALE

Ocean City, NJ 08226

Estimated Value: $1,106,000 - $1,275,000

4 Beds
3.5 Baths
-- Sq Ft
0.81 Acres

Last Sold November 10, 2015

Last sale price $465,000

Est. 161% increase in value since last sale

Current estimated payment $6,922/month

179 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Home fronts a lagoon or estuary
  • Ocean City Primary School Rated A
  • Property is near a marina
  • Cathedral Ceiling

About This Home

As of November 2015

Townhouse on the Bay with Boatslip/dock. One of the best buys in Ocean City for sq footage and location. Building has Brand New Roof, Siding, Decks, Railings, Docks , all assessments PAID IN FULL. Recently redone, top of the line kitchen. This townhouse is approx. 2500 SF of living space on 3 levels w/ attached garage, in a great, quiet, Bayside community. The views are awesome. There is a guest suite on the 1st floor w/ full bath. Move in condition, bring your boat (to 30 Ft.), and dock it in YOUR slip

Last Agent to Sell the Property

Rick Adams

MONIHAN REALTY Listed on: 05/04/2015

Co-Listed By

MARILYN BOOTH ADAMS

MONIHAN REALTY

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,547

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet
  • Water Views
  • Storage In Attic
  • Burglar Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Property is near a marina

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,547

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Partially Furnished, Rugs, Shades
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Upper
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic
  • Common Area Features: Bulkheaded, Dock/Boat Slip

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash
  • Management: Off-Site Professionals

Lot Info

  • Location: Bay Front, Bulkheaded, Cul-De-Sac, Docks, Lagoon Front, Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2015
Sold by
Hadley Denise D
Bought by
Dimarino James and Dimarino Susan
Current Estimated Value
$1,213,579

Purchase Details

Closed on
Aug 16, 1999
Sold by
Montagno Michael
Bought by
Hadley Frank B and Hadley Denise D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.6%

Purchase Details

Closed on
Feb 22, 1991
Sold by
Blue Water Townhouse Joint Venture
Bought by
Montagno Michael and Montagno Barbara
Source: Public Records

Range of Values:

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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
Dimarino James $465,000 None Available
Hadley Frank B $333,000 --
Montagno Michael $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hadley Frank B $173,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2015 11/10/15 Sold $465,000 0.0% --
10/30/2015 10/30/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $465,000 0.0% --
02/01/2014 02/01/14 Rented -- -- --
01/02/2014 01/02/14 Under Contract -- -- --
06/18/2013 06/18/13 For Rent -- -- --
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 $5,547 $494,400 $240,900 $253,500
2024 $5,547 $494,400 $240,900 $253,500
2023 $5,295 $494,400 $240,900 $253,500
2022 $5,087 $494,400 $240,900 $253,500
2021 $3,688 $494,400 $240,900 $253,500
2020 $4,835 $494,400 $240,900 $253,500
2019 $4,781 $494,400 $240,900 $253,500
2018 $4,736 $494,400 $240,900 $253,500
2017 $4,662 $494,400 $240,900 $253,500
2016 $5,512 $607,700 $354,200 $253,500
2015 $5,439 $607,700 $354,200 $253,500
2014 $5,360 $607,700 $354,200 $253,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rick Adams

    MONIHAN REALTY

    (609) 602-0684

    16 in this area

    22 Total Sales

    Rick Adams
    Section Image
  • MARILYN BOOTH ADAMS

    Seller Co-Listing Agent in 2015

    MARILYN BOOTH ADAMS

    MONIHAN REALTY

    (609) 602-1509

    11 in this area

    27 Total Sales

    MARILYN BOOTH ADAMS
    Section Image
  • Michael Contino

    Buyer's Agent in 2015

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    361 in this area

    419 Total Sales

    Michael Contino
    Section Image
  • FRANK PACERA,JR

    Buyer's Agent in 2014

    FRANK PACERA,JR

    COLDWELL BANKER ARGUS REAL ESTATE-Northfield

    FRANK PACERA,JR
    Section Image
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Source: South Jersey Shore Regional MLS

MLS Number: 447593

South Jersey Shore Regional MLS

APN: 08-03509-0000-00002-0000-C10

New Jersey Cape May County Ocean City

08226

This home since 04 May 2015 and is currently estimated at $1,213,579. This home 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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