NOT LISTED FOR SALE

Estimated Value: $1,123,706 - $1,326,000

3 Beds
1 Bath
942 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $510,000 $541 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,585/month

53 Days on Market

Highlights

  • Parking available for a boat
  • Rambler Architecture
  • Corner Lot
  • Property fronts the bay but unit may not have water views
  • Attic
  • No HOA

About This Home

As of October 2019

LBI, North Beach Estates is a small radius of homes with a unique association that provides these homeowners a private DEEDed ocean and bay access PLUS an exclusive right to the pier and boats slips at the end of their block. This home did NOT sustain any damage during sandy but does need a major, amount of TLC. There are 3 bedroom, 1 full bath, living room leading to a front porch, a full oversized garage with an outdoor shower on a corner property. Far enough from the traffic but close enough to bike or walk to all the restaurants and activities that has made Surf city famous. This is NOT bank owned, but the price and location does provide the value for an investor or contractor. Future rents could command up to 30k per season.

Last Agent to Sell the Property

Irene Santoro

(609) 276-8200 irenesantoro@remax.net RE/MAX at Barnegat Bay - Ship Bottom Listed on: 07/29/2019

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,641

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 44x55
  • Property fronts the bay but unit may not have water views
  • Corner Lot
  • Level Lot
  • The property's topography is level
  • Property is zoned R10E, R10E

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Parking available for a boat

Home Design

  • Rambler Architecture
  • Shingle Roof

Interior Spaces

  • 942 Sq Ft Home
  • Property has 1 Level
  • Brick Fireplace
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Patio

Location

  • Flood Risk

Utilities

  • Multiple cooling system units
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • North Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 18-00018-22-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,641

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 942
  • Living Area Sq Ft: 942
  • Price Per Sq Ft: 530.68
  • Above Grade Finished Sq Ft: 942
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Exterior Features: Outside Shower, Boat Storage
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 51700.00
  • Land Assessed Value: 425300.00
  • Lot Features: Corner, Level
  • Lot Dimensions: 44x55
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Topography: Level
  • Zoning: R10E
  • Zoning Description: R10E

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026033
  • Tax Annual Amount: 4641.00
  • Assessor Parcel Number: 18-00018-22-00001
  • Tax Lot: 1
  • Tax Year: 2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 16, 2019
Sold by
Sobkow Judith E and Sobkow Robert N
Bought by
Jordan Sarah
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Current Estimated Value
$1,196,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,177
Avg. Annual Appreciation
14.49%
Original Mortgage
$360,000
Outstanding Balance
$315,378
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$880,799
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jordan Sarah $510,000 Southern Shores Ttl Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Sarah $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $510,000 +2.0% $541 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $499,900 0.0% $531 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $499,900 -- $531 / Sq Ft
Source: Bright 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 $4,705 $526,900 $440,000 $86,900
2024 $4,610 $526,900 $440,000 $86,900
2023 $4,324 $519,700 $440,000 $79,700
2022 $4,324 $519,700 $440,000 $79,700
2021 $4,189 $519,700 $440,000 $79,700
2020 $4,741 $477,000 $425,300 $51,700
2019 $4,784 $477,000 $425,300 $51,700
2018 $4,641 $477,000 $425,300 $51,700
2017 $4,665 $477,000 $425,300 $51,700
2016 $4,703 $477,000 $425,300 $51,700
2015 $4,698 $477,000 $425,300 $51,700
2014 $4,584 $477,000 $425,300 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC385928

Bright MLS

APN: 18-00018-22-00001