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12 West Aberdeen Road

12 West Aberdeen Road, Ocean City, NJ 08226
Property in Ocean City
Sold May 21, 2001
$690,000
$520,000 by Ocean City Home Bk
Mortgage
12 West Aberdeen Road in Ocean City, NJ was first built in 1964 and is 60 years old. This has been categorized as a residential property type. There are a total of 2 floors. 12 West Aberdeen Road has 3,734 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 920. In total, the area measurement of the land is 7,362 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12 West Aberdeen Road sold most recently in May 2, 2001 for a total of $690,000. If you work out the math, that's approximately a cost of $184.79 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,172 in taxes each year. 12 West Aberdeen Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,043,100. If we break it down further, the land itself was valued at $641,800. Improvements to the property, however, were assessed at a total of $401,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,362
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,734
  • Building Area: 3,734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,734
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB38A L2

Ownership

  • Current Owner : RAAB MARK
  • Current Owner 2: RAAB DARA
  • Previous Owner : WEILAND DOUGLAS J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ocean City School District
  • Census Tract: 020201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 08
  • Parcel: 08 00070- 65-00002
  • Block: 70.65
  • Lot: 2
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2965
  • Longitude: -74.5585

    Address

  • Full Address: 12 W Aberdeen Rd
  • Address - House Number: 12
  • Street Direction: W
  • Address - Street Name: Aberdeen
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C001
  • 4-Digit Zip Code: 4602
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,172

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 2,749,883
  • High Value: 3,455,050
  • Low Value: 2,044,717

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: OCEAN CITY HOME BK
  • First Open Lien Mortgage Recording Date: May 21, 2001
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: OCEANFIRST BANK
  • Second Open Lien Mortgage Recording Date: Jun 15, 2018
  • Second Open Lien Mortgage Loan Amount: $240,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $1,550,617
  • Market Land Value: $954,066
  • Market Improvement Value: $596,551

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,043,100
  • Assessed Land Value: $641,800
  • Assessed Improvements Value: $401,300

    Sales

  • Current Sale Contract Date: May 02, 2001
  • Current Sale Recording Date: May 21, 2001
  • Current Sale Transaction ID: 1191737280
  • Current Sale Price: $690,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCEAN CITY HOME BK
  • First Mortgage Transaction Date: May 21, 2001
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360

About Ocean City



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Frequently Asked Questions

What neighborhood is 12 West Aberdeen Road located in?
The 12 West Aberdeen Road is a located in the neighborhood of Ocean City in Ocean City, Ocean City.
What is the average sales price for listings in 12 West Aberdeen Road?
The average sales price for units in 12 West Aberdeen Road is $0 currently.

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