See Home Value
$1,800,000 - $2,198,000
House - Off Market

1707 Bay Ave

Ocean City, NJ 08226
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
2900 Sqft
Sold Feb 01, 2024
$1,900,000
$860,000 by Goldman Sachs Bank Usa
Mortgage Due Apr 01, 2054
Sold Mar 29, 2023
$1,950,000

About This Property

Stunning Custom-built newer construction (completed February 2023). Single Family on a large 50 x 115 lot with gorgeous lagoon views from roof top deck! This top-of-the-line home features include 3- stop elevator, in-ground pool, four large bedrooms (3 en-suites) plus a study area, 4.5 luxurious baths with comfort height granite vanities, tiled showers and tub surround. Custom kitchen with upgraded cabinets, quartz counters, high-end stainless-steel appliances including beverage cooler, tiled backsplash with pot filler and beautiful tile flooring throughout the main living area. Custom wainscoting, crown molding and ship-lap throughout. Hugh walk-in closets in two of the owner suites with custom built closets organizers in all closets. A large kitchen walk-in pantry as well. Multi zone heat and A/C. Two tank-less water heaters.  Sonos system allows for the playing of music indoors along with balcony and pool areas. Control Four system electronically controls lighting, door locks, thermostats and overhead garage door from your smartphone.  A giant two car garage with epoxy flooring and additional ground floor storage space for all your water toys, 3 additional parking spaces on a beautiful paver driveway. Two approximately 30' wrap around side decks plus extra-large roof top deck overlooking lagoon and approximately 28' front and rear decks. The private back yard includes enclosed cabana and a beautiful 20 X 30 in-ground pool and covered patio area with epoxy flooring. Includes all designer furnishings. Convenient to all of Ocean City attractions including library, restaurants and bay activities.

The manager has listed the unit size as 2900 square feet.
Unit Size
2,900Ft²
Days on Market
-
Land Size
-
Price per sqft
$690
Property Type
House
Property Taxes
$1,053
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Feb 1, 2024 Sold to Kimberly Ann Leff, Mitchell... $1,900,000
Sold to Kimberly Ann Leff, Mitchell...
Dec 30, 2023 No longer available -
No longer available
Dec 21, 2023 Listed $1,999,900
Listed
Mar 29, 2023 Sold $1,950,000
Sold
Sep 7, 2022 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB1707 L38B

Ownership

  • Current Owner : LEFF MITCHELL MARK
  • Current Owner 2: LEFF KIMBERLY ANN
  • Previous Owner : H & K PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: CHASE ANDREW B
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Ocean City School District
  • Census Tract: 020102

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 19
  • District: 08
  • Parcel: 08 01707-0000-00010
  • Block: 1707
  • Lot: 10
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2724
  • Longitude: -74.5909

    Address

  • Full Address: 1707 Bay Ave
  • Address - House Number: 1707
  • Address - Street Name: Bay
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C023
  • 4-Digit Zip Code: 3056
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,270

    Appraisal Valuation

  • Standard Deviation: 0.2542
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 1,274,934
  • High Value: 1,599,118
  • Low Value: 950,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $860,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Open Lien Mortgage Recording Date: Mar 12, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $860,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $453,843
  • Market Land Value: $453,843

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,300
  • Assessed Land Value: $305,300

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Transaction ID: 11920441538
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 30378
  • Previous Sale Recording Date: Mar 29, 2023
  • Previous Sale Contract Date: Dec 06, 2022
  • Previous Sale Amount: $1,950,000
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,359 ft²
$485/ft²
$1,630,000 Jul 31, 2017
$1,630,000 Jun 1, 2018
-
House
4 Beds
2 Baths
1,720 ft²
$1,192/ft²
$2,050,000 Feb 23, 2023
$2,050,000 Apr 21, 2023
-
Condo
4 Beds
3 Baths
2,260 ft²
$996/ft²
$2,250,000 Sep 6, 2022
$2,250,000 Nov 18, 2022
-
House
5 Beds
4 Baths
2,076 ft²
$1,108/ft²
$2,300,000 Jan 21, 2021
$2,300,000 Mar 8, 2021
-
House
5 Beds
6 Baths
4,430 ft²
$406/ft²
$1,800,000 Apr 8, 2021
$1,800,000 Jun 18, 2021
-
House
6 Beds
4 Baths
2,376 ft²
$694/ft²
$1,650,000 Sep 16, 2022
$1,650,000 May 25, 2023
-
Condo
4 Beds
2 Baths
2,648 ft²
$755/ft²
$1,999,999 Oct 6, 2023
-
$1,026/mo
House
5 Beds
4.5 Baths
2,368 ft²
$927/ft²
$2,195,000 Oct 4, 2023
-
-
House
5 Beds
4.5 Baths
1,800 ft²
$972/ft²
$1,749,900 Nov 4, 2023
-
-
House
5 Beds
3.5 Baths
-
$1,995,000 Oct 27, 2023
-
-
Condo
3 Beds
2.5 Baths
1,537 ft²
$1,106/ft²
$1,700,000 Nov 7, 2023
-
$710/mo
Condo
3 Beds
2.5 Baths
-
$1,700,000 Nov 7, 2023
-
$710/mo

About Ocean City


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Frequently Asked Questions

When was property at 1707 Bay Avenue built and last sold?
The property at 1707 Bay Avenue was built in 1948 and last sold on Jan 12, 2024 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 1707 Bay Avenue is $2,049,062.
What are some comparable homes to 1707 Bay Avenue?
Homes that are comparable to 1707 Bay Avenue include a condo property at 615 East 16th Street, a house property at 2120 Simpson Avenue, 1231 Simpson Avenue.

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