NOT LISTED FOR SALE

Estimated Value: $3,790,000 - $5,913,000

5 Beds
4.5 Baths
3,630 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $3,225,000 $888 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $27,012/month

Highlights

  • 100 Feet of Waterfront
  • Private Beach
  • Bay View
  • 1 Boat Dock
  • Concrete Pool
  • Open Floorplan

About This Home

As of March 2019

TRANQUIL SHORE As you drive the private North Beach easement at 1064 and approach the double 225x100 parcel, 3600+ square foot, professionally landscaped bayfront compound you know you have arrived to something special. The 2-story entry foyer greets you with an abundance of natural light and leads to the spacious Great Room with expansive bayviews. From the living area step out onto the open deck or beyond to the large patio and capture the sun's rays or shade yourself in the passive solar room. Enjoy swimming in the pool or experience the warm summer bay water from the unique private sandy beach. The dock offers multiple boat slips with lifts for the avid boater, fishing and crabbing fun for the kids. This location is even more appealing with the convenience of a short 5 minute walk to the lifeguarded ocean beach and public tennis court. A great opportunity to experience tranquil shore living on LBI.

Last Agent to Sell the Property

Dennis O'Brien

(561) 400-0816 lbidennis@comcast.net RE/MAX of Long Beach Island License #9913735 Listed on: 05/05/2018

Co-Listed By

Nancy Spark

(609) 709-5060 nancygspark@gmail.com RE/MAX of Long Beach Island License #8336566

Last Buyer's Agent

Gavin Hodgson

(609) 618-0032 lbigavin@gmail.com Island Realty-Surf City License #1327744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,860

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 225x100
  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • The property's topography is level
  • Property is zoned R10E, R10E

Home Design

  • Contemporary Architecture
  • Wood Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,630 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Bay Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower
  • Pool Equipment Shed

Outdoor Features

  • Water Access
  • Riparian Grant
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Sport Court
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 18-00018-64-00005

Community Details

Overview

  • No Home Owners Association
  • North Beach Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,860

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Remarks Public: TRANQUIL SHORE As you drive the private North Beach easement at 1064 and approach the double 225x100 parcel, 3600+ square foot, professionally landscaped bayfront compound you know you have arrived to something special. The 2-story entry foyer greets you with an abundance of natural light and leads to the spacious Great Room with expansive bayviews. From the living area step out onto the open deck or beyond to the large patio and capture the sun's rays or shade yourself in the passive solar room. Enjoy swimming in the pool or experience the warm summer bay water from the unique private sandy beach. The dock offers multiple boat slips with lifts for the avid boater, fishing and crabbing fun for the kids. This location is even more appealing with the convenience of a short 5 minute walk to the lifeguarded ocean beach and public tennis court. A great opportunity to experience tranquil shore living on LBI.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Recessed Lighting, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Window Features: Double Hung, Screens, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3630
  • Living Area Sq Ft: 3630
  • Price Per Sq Ft: 1045.45
  • Above Grade Finished Sq Ft: 3630
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1064E

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Pool Equipment Shed
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Exterior Features: Sport Court, Exterior Lighting, Outside Shower, Lawn Sprinkler, Private Beach
  • Pool Features: Concrete, In Ground
  • Roof: Wood
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Programmable Thermostat, Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 909600.00
  • Land Assessed Value: 1530000.00
  • Lot Features: Bulkheaded, Level
  • Lot Dimensions: 225x100
  • Outdoor Living Structures: Deck(s), Patio(s), Enclosed
  • Topography: Level
  • Zoning: R10E
  • Zoning Description: R10E

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026239
  • Tax Annual Amount: 23860.00
  • Assessor Parcel Number: 18-00018-64-00005
  • Tax Lot: 5
  • Tax Year: 2018
  • Close Date: 03/21/2019

Multi Family

  • Waterfront Features: Riparian Grant

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2018
Closed on
Apr 4, 2019
Sold by
Costello Jane
Bought by
Bjorklund Ronald E and Bjorklund Catherine M
Seller's Agent
Dennis O'Brien
RE/MAX of Long Beach Island
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$3,795,000
Sold Price
$3,225,000
Premium/Discount to List
-$570,000
-15.02%
Current Estimated Value
$4,650,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,425,981
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,024,000
Outstanding Balance
$891,927
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,759,054

Purchase Details

Closed on
Aug 19, 2005

Purchase Details

Closed on
Aug 24, 2004
Sold by
Mercadante Gerald and Mercadante Eugenia
Bought by
Costello Lawrence B and Costello Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 16, 1999
Sold by
Eames Grace K and Eames Terry
Bought by
Ziman Development Inc
Source: Public Records

Range of Values:

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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
Bjorklund Ronald E $3,225,000 University Title Ins Agcy
-- -- --
Costello Lawrence B $3,200,000 None Available
Ziman Development Inc $560,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjorklund Ronald E $1,024,000
Previous Owner Costello Lawrence B $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $3,225,000 -15.0% $888 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
05/05/2018 05/05/18 For Sale $3,795,000 -- $1,045 / 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 $28,236 $3,161,900 $2,010,000 $1,151,900
2024 $28,046 $3,161,900 $2,010,000 $1,151,900
2023 $26,307 $3,161,900 $2,010,000 $1,151,900
2022 $26,307 $3,161,900 $2,010,000 $1,151,900
2021 $25,485 $3,161,900 $2,010,000 $1,151,900
2020 $24,318 $2,446,500 $1,530,000 $916,500
2019 $24,469 $2,439,600 $1,530,000 $909,600
2018 $23,737 $2,439,600 $1,530,000 $909,600
2017 $20,925 $2,139,600 $1,230,000 $909,600
2016 $21,096 $2,139,600 $1,230,000 $909,600
2015 $21,075 $2,139,600 $1,230,000 $909,600
2014 $20,562 $2,139,600 $1,230,000 $909,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC154204

Bright MLS

APN: 18-00018-64-00005