NOT LISTED FOR SALE

Estimated Value: $1,476,684 - $2,041,000

5 Beds
3 Baths
2,812 Sq Ft
$631/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $2,800,000 $996 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $10,476/month

24 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Access to Tidal Water
  • Bay View
  • Primary bedroom faces the bay
  • In Ground Pool
  • Open Floorplan

About This Home

As of September 2022

Prime bayfront location on Terrapin Lane in North Beach! 100' of bay frontage, 10,750sq' site, magnificent bay and sunset views, dock, riparian grant, and more! The large family home has 5 bedrooms, 3 full baths, den, library overlook, abundant decking, pool, gas hot water baseboard heat, central a/c, wood burning fireplace. Very short walk to the lifeguarded ocean beach and tennis at tract 1065. Home, being conveyed in as is condition can be renovated or used as a segue to new construction. This is an outstanding location to build your new beach home!

Last Listed By

Benee Scola

Benee Scola & Company, Realtors License #8736858 Listed on: 06/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,680

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100.00 x 103.00 x 100 x 114.19
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Extensive Hardscape
  • Property is in average condition
  • Property is zoned R10E

Parking

  • 1 Car Direct Access Garage
  • Brick Driveway

Property Views

  • Bay
  • Panoramic

Home Design

  • Coastal Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Piling Construction
  • Cedar

Interior Spaces

  • 2,812 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Bar
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Casement Windows
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Chairlift

Pool

  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Riparian Grant
  • Bulkhead
  • Deck
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • North Beach Subdivision

Listing and Financial Details

  • Tax Lot 8 AND 8.01
  • Assessor Parcel Number 18-00018 74-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,680

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: Prime bayfront location on Terrapin Lane in North Beach! 100' of bay frontage, 10,750sq' site, magnificent bay and sunset views, dock, riparian grant, and more! The large family home has 5 bedrooms, 3 full baths, den, library overlook, abundant decking, pool, gas hot water baseboard heat, central a/c, wood burning fireplace. Very short walk to the lifeguarded ocean beach and tennis at tract 1065. Home, being conveyed in as is condition can be renovated or used as a segue to new construction. This is an outstanding location to build your new beach home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Oven - Double, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Bar, Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Primary Bedroom - Bay Front, Recessed Lighting, Skylight(s), Tub Shower, Wet/Dry Bar, Window Treatments
  • Window Features: Casement
  • Fireplace Features: Wood, Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2812
  • Living Area Sq Ft: 2812
  • Price Per Sq Ft: 1065.08
  • Above Grade Finished Sq Ft: 2812
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1074-H

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Cedar, Shingle Siding
  • Exterior Features: Extensive Hardscape, Gutter System, Outside Shower
  • Pool Features: Fenced, In Ground
  • Roof: Asphalt, Shingle
  • View: Bay, Panoramic
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 454500.00
  • Land Assessed Value: 1615000.00
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.25
  • Lot Dimensions: 100.00 x 103.00 X 100 X 114.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10750.00
  • Outdoor Living Structures: Brick, Deck(s), Patio(s)
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: R10E

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026284
  • Tax Annual Amount: 16680.00
  • Assessor Parcel Number: 18-00018 74-00008
  • Tax Lot: 8 AND 8.01
  • Tax Total Finished Sq Ft: 2812
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/15/2022

Multi Family

  • Waterfront Features: Riparian Grant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2013
Sold by
Horwath Ellen Kessler and Horwath Michael
Bought by
Horwath Ellen K and Horwath Michael J
Total Days on Market
24
Current Estimated Value
$1,775,421

Purchase Details

Closed on
May 12, 2004
Sold by
Adams David and Miano Michele
Bought by
Horwath Ellen Kessler and Horwath Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac

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
Horwath Ellen K -- None Available
Horwath Ellen Kessler $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horwath Ellen K $500,000
Closed Horwath Ellen Kessler $625,000
Closed Horwath Michael J $700,000
Closed Horwath Ellen Kessler $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $2,800,000 -6.5% $996 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $2,995,000 -- $1,065 / 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
2024 $7,595 $856,300 $675,000 $181,300
2023 $7,124 $856,300 $675,000 $181,300
2022 $7,124 $856,300 $675,000 $181,300
2021 $6,902 $856,300 $675,000 $181,300
2020 $7,515 $756,000 $630,000 $126,000
2019 $7,583 $756,000 $630,000 $126,000
2018 $7,356 $756,000 $630,000 $126,000
2017 $7,394 $756,000 $630,000 $126,000
2016 $7,454 $756,000 $630,000 $126,000
2015 $7,447 $756,000 $630,000 $126,000
2014 $7,265 $756,000 $630,000 $126,000
Source: Public Records

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Source: Bright MLS

MLS Number: NJOC2010438

Bright MLS

APN: 18-00018-74-00002