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517 Waverly Boulevard

517 Waverly Boulevard, Ocean City, NJ 08226
Property in Ocean City
Sold Jul 25, 2000
$600,000
$252,700 by Commerce Bk
Mortgage
517 Waverly Boulevard has been categorized by the local assessors in Ocean City, NJ as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The building has a total of 2 stories. In addition, 517 Waverly Boulevard has 2,995 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 1,220 ft. The area measurement of the land has been determined as 10,981 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jul 14, 2000 for $600,000. That's $200.33 per sqft. 517 Waverly Boulevard was last assessed in 2023. The total value of the property was assessed at $1,248,100. Specifically, the land the property is located on was valued at $958,000. While improvements on the property were assessed at a total of $290,100. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,367. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 10,981
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 2,995
  • Building Area: 2,995
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,995
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB41G L4103

Ownership

  • Current Owner : MARTINEZ AUGUSTINE
  • Current Owner 2: MARTINEZ KATHRYN
  • Previous Owner : DOYLE JOHN L

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 08
  • Parcel: 08 00070- 48-00002
  • Block: 70.48
  • Lot: 2
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2931
  • Longitude: -74.5566

    Address

  • Full Address: 517 Waverly Blvd
  • Address - House Number: 517
  • Address - Street Name: Waverly
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C001
  • 4-Digit Zip Code: 4763
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,367

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 2,744,362
  • High Value: 3,448,113
  • Low Value: 2,040,612

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,700
  • First Open Lien Mortgage Lender: COMMERCE BK
  • First Open Lien Mortgage Recording Date: Jul 25, 2000
  • First Open Lien Mortgage Loan Amount: $252,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $1,855,359
  • Market Land Value: $1,424,112
  • Market Improvement Value: $431,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,248,100
  • Assessed Land Value: $958,000
  • Assessed Improvements Value: $290,100

    Sales

  • Current Sale Contract Date: Jul 14, 2000
  • Current Sale Recording Date: Jul 25, 2000
  • Current Sale Transaction ID: 1164910443
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCE BK
  • First Mortgage Transaction Date: Jul 25, 2000
  • First Mortgage Loan Amount: $252,700
  • First Mortgage Terms: 360

About Ocean City



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Frequently Asked Questions

What neighborhood is 517 Waverly Boulevard located in?
The 517 Waverly Boulevard is a located in the neighborhood of Ocean City in Ocean City, Ocean City.
What is the average sales price for listings in 517 Waverly Boulevard?
The average sales price for units in 517 Waverly Boulevard is $0 currently.

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