$335,000
SOLD MAR 26, 2020
4 Beds
3 Baths
1,588 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Water Views
  • Spa
  • Property near a lagoon
  • Docks
  • Home fronts a lagoon or estuary
  • Cape Cod Architecture

About This Home

As of May 2023

Bring the extended family and the boats! Waterfront dream home on Osborn Island with a huge frontage, two vinyl floating docks and vinyl bulkhead, shed with a fish cleaning station and a hot tub on a large lot. Inside find a fully renovated 4 bedroom 3 bath home with large rooms, bamboo flooring throughout, first floor master ensuite, gourmet kitchen with absolute black granite counters and stainless steel appliances, living room with a fireplace, and much much more. Furnishings are negotiable - just pack your bags!

Last Agent to Sell the Property

Jay Jenkins

Better Homes and Gardens Real Estate Murphy & Co License #1754791 Listed on: 10/28/2019

Better Homes and Gardens Real Estate Murphy & Co

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,107

Year Built

  • Built in 1979

Lot Details

  • Home fronts a lagoon or estuary

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Property near a lagoon
  • Docks
  • Balcony
  • Patio
  • Shed
  • Storage Shed

Schools

  • Pinelands Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Osborn Island Subdivision

Listing and Financial Details

  • Exclusions: Washer, Dryer
  • Assessor Parcel Number 17-00326-217-00054

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,107

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • Inclusions: Window Treatments, Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: Osborn Island
  • Architectural Style: Cape
  • Reso Other Structures: Storage Shed
  • Year Built: 1979
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • Exterior Dock: Yes
  • Exterior Hot Tub2: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exclusions: Washer, Dryer
  • Exterior Features: Balcony, Dock, Hot Tub, Patio, Shed
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 17-00326-217-00054
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7107.0

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
May 24, 2023
Sold by
Sherwood Thomas W
Bought by
Preston Henry and Preston Melissa
Seller's Agent
Ed Gurley
Jason Mitchell Real Estate New Jersey, LLC
Buyer's Agent
Donna Wilson
Keller Williams Realty Preferred Properties
List Price
$640,000
Sold Price
$590,000
Premium/Discount to List
-$50,000
-7.81%
Views
85
Current Estimated Value
$708,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,644
Avg. Annual Appreciation
8.73%
Original Mortgage
$310,000
Outstanding Balance
$303,188
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$405,456

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 24, 2020
Sold by
Bucco Helen and Bucco Helen
Bought by
Iurato Salvatore and Iurato Yvette
Seller's Agent
Jay Jenkins
Better Homes and Gardens Real Estate Murphy & Co
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%
Original Mortgage
$318,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Gavalchin Robert J
Bought by
Bucco Anthony R and Bucco Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Gavalchin Robert J and Gavalchin Maria
Bought by
Gavalchin Robert J

Purchase Details

Closed on
Sep 20, 2001
Sold by
Anderson Thomas
Bought by
Gavalchin Robert and Gavalchin Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.91%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $590,000 Foundation Title
Deed $335,000 Two Rivers Title Company Llc
Deed $365,000 New Jersey Title Ins Company
Interfamily Deed Transfer -- None Available
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $318,250 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $299,000 Credit Line Revolving
Previous Owner $152,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $590,000 -5.6% $372 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $625,000 -2.3% $394 / Sq Ft
03/11/2023 03/11/23 For Sale $640,000 +8.5% $403 / Sq Ft
03/06/2023 03/06/23 Off Market $590,000 -- --
02/13/2023 02/13/23 Price Changed $640,000 -1.5% $403 / Sq Ft
01/18/2023 01/18/23 For Sale $650,000 +17.1% $409 / Sq Ft
04/29/2022 04/29/22 Sold $555,000 +0.9% $349 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $549,999 +64.2% $346 / Sq Ft
03/26/2020 03/26/20 Sold $335,000 -4.3% $211 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $349,900 -- $220 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $9,650 $341,600 $153,300 $188,300
2023 $9,346 $341,600 $153,300 $188,300
2022 $8,082 $295,400 $153,300 $142,100
2021 $7,949 $295,400 $153,300 $142,100
2020 $7,804 $295,400 $153,300 $142,100
2019 $7,533 $295,400 $153,300 $142,100
2018 $7,107 $295,400 $153,300 $142,100
2017 $7,019 $295,400 $153,300 $142,100
2016 $7,063 $295,400 $153,300 $142,100
2015 $7,146 $295,400 $153,300 $142,100
2014 $7,501 $392,100 $243,600 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21943496

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00326-217-00054