NOT LISTED FOR SALE

Estimated Value: $1,144,000 - $1,494,000

3 Beds
2 Baths
1,056 Sq Ft
$1,247/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $964,900 $914 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,662/month

16 Days on Market

Highlights

  • Bay View
  • Raised Ranch Architecture
  • No HOA
  • Bayside
  • Furnished
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Neat and clean raised ranch located in the heart of Surf City! Incredible rental property over the years topping out at $2850 per week in the prime of Summer with potential for more. Currently 11 weeks rented for this Summer. Seller also had a winter tenant for 8 months ($8000 in rent). Comes fully furnished minus a few items. Raised property, so flood insurance is very low. No flooding issues. Easy on and off the Island...be at your home in just a few minutes after entering the Island. Beautiful bay views from the rooftop deck. Just a short walk to the Surf City bay beach which is lifeguarded. Don't hesitate to see this property because it will not last at this price!

Last Agent to Sell the Property

Raymond Procaccini Jr.

Oceanside Realty License #0454539 Listed on: 06/04/2021

Co-Listed By

Roger Weber

Oceanside Realty

Last Buyer's Agent

Roberta Brackman

BHHS Zack Shore REALTORS License #1429970

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1995

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is zoned RA

Parking

  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Bay Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00002
  • Assessor Parcel Number 32-00107-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,451

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Neat and clean raised ranch located in the heart of Surf City! Incredible rental property over the years topping out at $2850 per week in the prime of Summer with potential for more. Currently 11 weeks rented for this Summer. Seller also had a winter tenant for 8 months ($8000 in rent). Comes fully furnished minus a few items. Raised property, so flood insurance is very low. No flooding issues. Easy on and off the Island...be at your home in just a few minutes after entering the Island. Beautiful bay views from the rooftop deck. Just a short walk to the Surf City bay beach which is lifeguarded. Don't hesitate to see this property because it will not last at this price!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 913.73
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1007

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 241900.00
  • Land Assessed Value: 382500.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2020
  • Zoning: RA

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 40000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 3095930
  • Tax Annual Amount: 5451.00
  • Assessor Parcel Number: 32-00107-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/16/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Welwood Joanne and Welwood Jay Carl
Bought by
Welwood Living Trust and Welwood
Current Estimated Value
$1,316,803

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 12, 2021
Sold by
Sprunk Paul W
Bought by
Welwood Jay Carl and Welwood Joanne
Seller's Agent
Raymond Procaccini Jr.
Oceanside Realty
Buyer's Agent
Roberta Brackman
BHHS Zack Shore REALTORS
List Price
$974,900
Sold Price
$964,900
Premium/Discount to List
-$10,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$664,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Sprunk Paul W and Sprunk Theresa C
Bought by
Sprunk Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Dalleva Thomas and Dalleva Lee
Bought by
Sprunk Paul W and Sprunk Theresa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1999
Sold by
Roshelli Ronald J and Roshelli Marcella E
Bought by
Dalleva Thomas and Dalleva Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1996
Sold by
Covey Ronald E
Bought by
Roshelli Ronald and Roshelli Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

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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
Welwood Living Trust -- None Listed On Document
Welwood Jay Carl $964,900 Honest Title Agency Llc
Sprunk Paul W -- Dedicated Title Agency Llc
Sprunk Paul W $600,000 --
Dalleva Thomas $258,000 --
Roshelli Ronald $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welwood Jay Carl $664,000
Previous Owner Sprunk Paul W $275,750
Previous Owner Sprunk Paul W $364,000
Previous Owner Sprunk Paul W $333,700
Previous Owner Dalleva Thomas $206,400
Previous Owner Roshelli Ronald $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $964,900 0.0% $914 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/14/2021 06/14/21 Price Changed $964,900 -1.0% $914 / Sq Ft
06/04/2021 06/04/21 For Sale $974,900 -- $923 / 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 $6,512 $624,400 $382,500 $241,900
2024 $6,275 $624,400 $382,500 $241,900
2023 $6,119 $624,400 $382,500 $241,900
2022 $6,119 $624,400 $382,500 $241,900
2021 $5,632 $624,400 $382,500 $241,900
2020 $5,451 $624,400 $382,500 $241,900
2019 $5,439 $624,400 $382,500 $241,900
2018 $5,580 $549,800 $350,000 $199,800
2017 $5,652 $549,800 $350,000 $199,800
2016 $5,514 $549,800 $350,000 $199,800
2015 $5,289 $549,800 $350,000 $199,800
2014 $5,262 $549,800 $350,000 $199,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC410508

Bright MLS

APN: 32-00107-0000-00002