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806 St James Place

806 St James Place, Ocean City, NJ 08226
Property in Ocean City
Sold May 20, 2021
$500,000
$400,000 by Philadelphia Federal Credit Un
Mortgage
Sold Jan 12, 1996
$79,500
806 St James Place in Ocean City, NJ was first built in 1921 and is 103 years old. This has been categorized as a residential property type. It is a single story home. 806 St James Place has 642 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 300 ft and the linear feet between the front and back of the lot is 650. In total, the area measurement of the land is 1,951 square feet.

Learn more about the property and building on this page. 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, 806 St James Place sold most recently in May 10, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $778.82 per sqft. Before that, the property was also sold for $79,500 in Jan 6, 1996. 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 $4,711 in taxes each year. 806 St James Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $439,900. If we break it down further, the land itself was valued at $425,800. Improvements to the property, however, were assessed at a total of $14,100. 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: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,951
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 300
  • Total Building Area: 642
  • Building Area: 642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.045
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB6 L6A

Ownership

  • Current Owner : STREIT ROBERT C
  • Current Owner 2: STREIT PATRICIA D
  • Previous Owner : MCNAMARA GEORGE V
  • Previous Owner 2: MCNAMARA PATRICIA
  • Owner Before Previous Owner: GIANNONE NINA
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Ocean City School District
  • Census Tract: 020101

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 08
  • Parcel: 08 00006-0000-00004
  • Block: 6
  • Lot: 4
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2852
  • Longitude: -74.5613

    Address

  • Full Address: 806 Saint James Pl
  • Address - House Number: 806
  • Address - Street Name: Saint James
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C019
  • 4-Digit Zip Code: 4336
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,711

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 846,103
  • High Value: 1,031,125
  • Low Value: 661,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: PHILADELPHIA FEDERAL CREDIT UN
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $653,932
  • Market Land Value: $632,972
  • Market Improvement Value: $20,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,900
  • Assessed Land Value: $425,800
  • Assessed Improvements Value: $14,100

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11837758410
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021024914
  • Previous Sale Recording Date: Jan 12, 1996
  • Previous Sale Contract Date: Jan 06, 1996
  • Previous Sale Amount: $79,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHILADELPHIA FEDERAL CREDIT UN
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Ocean City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 806 St James Place located in?
The 806 St James Place is a located in the neighborhood of Ocean City in Ocean City, Ocean City.
What is the average sales price for listings in 806 St James Place?
The average sales price for units in 806 St James Place is $0 currently.

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