NOT LISTED FOR SALE

108 E 7th St Unit FRT Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $718,000

2 Beds
1 Bath
615 Sq Ft
$50/mo HOA Fee

Last Sold March 17, 2014

Last sale price $290,000 $472 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,321/month

315 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Attic
  • Building is oceanfront but unit may not have water views
  • Deck
  • Breakfast Area or Nook

About This Home

As of March 2014

Incredible buy, Ocean block. Brand new in 2008. Rent, vacation, or year roundresidence. Peek of the ocean from 2 small front decks. Great layout, Central air, gas heat, hurricane watch windows, 40 year roof. Huge 200 ft deck with Southern exposure.5th from the beach. Walk for coffee, ice cream,dinning, and mini golf. Nice beach.

Last Listed By

Joseph Mayo

RE/MAX of Long Beach Island Listed on: 03/08/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 2008

Lot Details

  • Building is oceanfront but unit may not have water views
  • Partially Fenced Property
  • The property's topography is level

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 615 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Awning
  • Insulated Windows
  • Double Hung Windows
  • Living Room
  • Ocean Views
  • Attic

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Deck
  • Flood Risk
  • Forced Air Heating and Cooling System

Community Details

  • 7Th St HOA
  • Low-Rise Condominium
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 29001070000000080000C.4

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,554

Year Built

Built in 2008

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Remarks Public: Incredible buy, Ocean block. Brand new in 2008. Rent, vacation, or year roundresidence. Peek of the ocean from 2 small front decks. Great layout, Central air, gas heat, hurricane watch windows, 40 year roof. Huge 200 ft deck with Southern exposure.5th from the beach. Walk for coffee, ice cream,dinning, and mini golf. Nice beach.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Refrigerator, Oven/Range - Gas
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Window Treatments, Ceiling Fan(s), Attic, Breakfast Area, Floor Plan - Open
  • Window Features: Insulated, Double Hung
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 615
  • Living Area Sq Ft: 615
  • Price Per Sq Ft: 486.18
  • Above Grade Finished Sq Ft: 615
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Awning(s)
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 50.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Name: 7TH ST
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 96700.00
  • Land Assessed Value: 161000.00
  • Lot Features: Level
  • Lot Dimensions: 50 x 100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2554.00
  • Assessor Parcel Number: 29001070000000080000C.4
  • Tax Lot: 8
  • Tax Year: 2011
  • Close Date: 03/17/2014

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Feb 24, 2014
Sold by
Mayo Joseph and Mayo Donna T
Bought by
Colton Brett and Colton Rachel Ann
Seller's Agent
Joseph Mayo
RE/MAX of Long Beach Island
Buyer's Agent
Joseph Mayo
RE/MAX of Long Beach Island
List Price
$319,000
Sold Price
$290,000
Premium/Discount to List
-$29,000
-9.09%
Total Days on Market
315
Current Estimated Value
$718,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,000
Avg. Annual Appreciation
6.72%
Original Mortgage
$232,000
Outstanding Balance
$179,290
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$418,710

Purchase Details

Closed on
Apr 23, 2004
Sold by
Caporaso John and Caporaso Eileen
Bought by
Mayo Joseph and Mayo Donna T

Purchase Details

Closed on
Oct 24, 2003
Sold by
Buschgans Robert R
Bought by
Caporaso John and Caporaso Eileen

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
Colton Brett $290,000 None Available
Mayo Joseph $250,000 None Available
Caporaso John $8,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colton Brett $232,000
Previous Owner Mayo Joseph $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Sold $290,000 -27.3% $472 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
09/06/2013 09/06/13 Sold $399,000 +25.1% $358 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $319,000 -20.1% $519 / Sq Ft
02/09/2013 02/09/13 For Sale $399,000 -- $358 / 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 $3,268 $284,400 $192,500 $91,900
2023 $3,012 $284,400 $192,500 $91,900
2022 $3,012 $284,400 $192,500 $91,900
2021 $2,998 $284,400 $192,500 $91,900
2020 $3,006 $284,400 $192,500 $91,900
2019 $3,009 $284,400 $192,500 $91,900
2018 $3,015 $284,400 $192,500 $91,900
2017 $2,818 $284,400 $192,500 $91,900
2016 $2,853 $257,700 $161,000 $96,700
2015 $2,783 $257,700 $161,000 $96,700
2014 $2,781 $257,700 $161,000 $96,700
Source: Public Records

Agents Affiliated with this Home

  • Joseph Mayo

    Seller's Agent in 2014

    Joseph Mayo

    RE/MAX

    (609) 709-2120

    23 in this area

    66 Total Sales

    Joseph Mayo
    Section Image
  • Patricia Guerra

    Buyer's Agent in 2013

    Patricia Guerra

    RE/MAX

    (201) 417-9753

    27 Total Sales

    Patricia Guerra
    Section Image
See All Agents

Map

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Source: Bright MLS

MLS Number: NJOC244182

Bright MLS

APN: 29-00107-0000-00008-0000-C.4

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

108 E 7th St Unit FRT, Ship Bottom, NJ

Homes for Sale in Ship Bottom, NJ

This home is located at 108 E 7th St Unit FRT, Ship Bottom, NJ 08008 since 08 March 2013 and is currently estimated at $718,000, approximately $1,167 per square foot. This property was built in 2008. 108 E 7th St Unit FRT is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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