NOT LISTED FOR SALE

104 E 12th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,669,000 - $1,977,000

-- Bed
4 Baths
1,877 Sq Ft
$957/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $564,000 $300 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $10,314/month

163 Days on Market

Highlights

  • Oceanside
  • Main Floor Bedroom
  • Storm Windows
  • Deck
  • No HOA
  • Patio

About This Home

As of May 2017

MAJOR PRICE REDUCTION - NOW $549,000 - OCEANBLOCK - Remember the seashore of our childhood? This house will take you back to the memories revisited for your own family. A legal duplex on the oceanblock with no street to cross so the kids can run up to the beach, it sits on a 50x100 lot. Each floor has 2 bedrooms/1bath but there is an interior staircase that can be accessed for single family use when there is a large gathering. Also, the 1st floor opens to an extra efficiency 'in-laws' unit complete with full bath and kitchen with it own outside entrance and patio area. 1st fl has gas heat and central air - eff has ductless air unit w/ heat. No heat or air on 2nd fl. 2 Outside enclosed showers - vinyl siding - patio areas - good rental history. Great location for future new construction. Easy to show.

Last Agent to Sell the Property

Eileen Matson

(609) 709-9503 ematson@maryallen.com Mary Allen Realty, Inc. License #8635959 Listed on: 10/11/2016

Last Buyer's Agent

Lois Mullen

(609) 492-1277 lmullen@ganderson.com G. Anderson Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50x100
  • Level Lot
  • The property's topography is level

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,877 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Window Screens
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Patio
  • Storage Shed

Location

  • Flood Risk

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 29-00086-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,498

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Furnished as shown - some personal items will be removed
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Oven/Range - Gas, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Vinyl
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s)
  • Window Features: Double Hung, Screens, Storm
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1877
  • Living Area Sq Ft: 1877
  • Price Per Sq Ft: 292.49
  • Above Grade Finished Sq Ft: 1877
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 149100.00
  • Land Assessed Value: 360000.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 50x100
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Topography: Level
  • Zoning: R3
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1

Tax Info

  • Assessor Parcel Number: 3076721
  • Tax Annual Amount: 5498.00
  • Assessor Parcel Number: 29-00086-0000-00008
  • Tax Lot: 8
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
May 17, 2017
Sold by
Jones Larry R
Bought by
Vincent John P and Vincent Nicole M
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Lois Mullen
G. Anderson Agency
List Price
$699,000
Sold Price
$564,000
Premium/Discount to List
-$135,000
-19.31%
Current Estimated Value
$1,779,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,215,132
Avg. Annual Appreciation
14.36%
Original Mortgage
$451,200
Outstanding Balance
$361,884
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,433,797

Purchase Details

Closed on
Jan 3, 1991
Bought by
Jones Larry R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vincent John P $564,000 Old Republic National Title
Jones Larry R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent John P $451,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $564,000 -19.3% $300 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $699,000 -- $372 / 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 $12,239 $1,015,700 $405,000 $610,700
2024 $11,670 $1,015,700 $405,000 $610,700
2023 $10,756 $1,015,700 $405,000 $610,700
2022 $10,756 $987,000 $405,000 $582,000
2021 $10,403 $987,000 $405,000 $582,000
2020 $10,433 $987,000 $405,000 $582,000
2019 $4,285 $405,000 $405,000 $0
2018 $4,293 $405,000 $405,000 $0
2017 $6,101 $615,600 $405,000 $210,600
2016 $5,636 $509,100 $360,000 $149,100
2015 $5,498 $509,100 $360,000 $149,100
2014 $5,493 $509,100 $360,000 $149,100
Source: Public Records

Agents Affiliated with this Home

  • Eileen Matson

    Seller's Agent in 2017

    Eileen Matson

    Mary Allen Realty, Inc.

    (609) 709-9503

    6 in this area

    9 Total Sales

    Eileen Matson
    Section Image

  • L

    Buyer's Agent in 2017

    Lois Mullen

    G. Anderson Agency

    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC176480

Bright MLS

APN: 29-00086-0000-00008

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

104 E 12th St, Ship Bottom, NJ

Not Listed for Sale

MultiFamily

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