NOT LISTED FOR SALE

108 E Pennsylvania Ave Unit U1 Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $537,008 - $781,000

1 Bed
1 Bath
540 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold September 07, 2012

Last sale price $282,500 $523 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,832/month

Highlights

  • Oceanside
  • Living Room
  • Outdoor Shower
  • Breakfast Area or Nook
  • Recessed Lighting
  • En-Suite Primary Bedroom

About This Home

As of September 2012

This cozy oceanblock condo will say hello when you walk through the door. The comfortable great room features a delightful beach decor with light walls and sea blue carpet. Its focal point is the white brick, gas-fired fireplace. The efficent kitchen with full sized refrigerator has a breakfast bar that easily seats four. There is also a stack washer/dryer. The bedroom with its queen sized bed has a wall to wall closet with mirrored doors. Other features are the large Trex deck for sunning and relaxing, offstreet parking, a large backyard with an extra storage shed, outside shower and most importantly, its only seven houses to the beach. The current owner enjoys living here year round. See it and make it yours.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 09/23/2011

Last Buyer's Agent

Michelle DeGennaro

(609) 290-4956 michelle@come2lbi.com RE/MAX at Barnegat Bay - Ship Bottom License #7839429

RE/MAX at Barnegat Bay - Ship Bottom

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 90x120
  • 1 Common Wall
  • Partially Fenced Property
  • The property's topography is level

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Masonry

Interior Spaces

  • 540 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Living Room
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Storage Shed

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • No Smoking Allowed
  • Tax Lot 19.01
  • Assessor Parcel Number 18000070011000190001C0001

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, all ground fee
  • Ocean Terrace HOA
  • Ocean Terrace Community

Pet Policy

  • No Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,629

Year Built

Built in 1954

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Habitable Residence: No
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Breakfast Area, Entry Level Bedroom, Recessed Lighting, Window Treatments
  • Window Features: Insulated, Double Hung
  • Fireplace Features: Gas/Propane, Insert
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Master Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 540
  • Living Area Sq Ft: 540
  • Price Per Sq Ft: 601.85
  • Above Grade Finished Sq Ft: 540
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Masonry
  • Access To Pool: No
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Open Parking: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: No
  • Electricity On Property: No
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 125.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, All Ground Fee
  • HOA Name: OCEAN TERRACE
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Fencing: Partially
  • Improvement Assessed Value: 28100.00
  • Irrigation Water Rights: No
  • Land Assessed Value: 285600.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 90x120
  • Property Attached Yn: No
  • Topography: Level
  • Zoning: R-50
  • Zoning Description: R-50
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No
  • Green Verification: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 21949699
  • Tax Annual Amount: 2628.81
  • Assessor Parcel Number: 18000070011000190001C0001
  • Tax Lot: 19.01
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2011
Closed on
Sep 7, 2012
Sold by
Sprague Hilda
Bought by
Garay Joseph B and Templeton Garay Denise
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Michelle DeGennaro
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$399,000
Sold Price
$282,500
Premium/Discount to List
-$116,500
-29.2%
Current Estimated Value
$651,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,502
Avg. Annual Appreciation
6.55%
Original Mortgage
$211,875
Outstanding Balance
$146,609
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$504,393

Purchase Details

Closed on
Jan 9, 2009
Sold by
Anderson Susan
Bought by
Sprague Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.52%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Garay Joseph B $282,500 Chicago Title Insurance Co
Sprague Hilda $335,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garay Joseph B $211,875
Previous Owner Sprague Hilda $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2012 09/07/12 Sold $282,500 -29.2% $523 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $399,000 -- $739 / 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 $3,384 $379,000 $330,000 $49,000
2024 $3,362 $379,000 $330,000 $49,000
2023 $3,153 $379,000 $330,000 $49,000
2022 $3,153 $379,000 $330,000 $49,000
2021 $3,055 $379,000 $330,000 $49,000
2020 $3,118 $313,700 $285,600 $28,100
2019 $3,146 $313,700 $285,600 $28,100
2018 $3,052 $313,700 $285,600 $28,100
2017 $3,095 $313,700 $285,600 $28,100
2016 $3,093 $313,700 $285,600 $28,100
2015 $3,090 $313,700 $285,600 $28,100
2014 $3,015 $313,700 $285,600 $28,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC259820

Bright MLS

APN: 18-00007-11-00019-01-C1

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

108 E Pennsylvania Ave Unit U1, Long Beach Township, NJ

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