NOT LISTED FOR SALE

109 S 28th Ave Longport, NJ 08403

Estimated Value: $3,705,000 - $3,842,283

5 Beds
7 Baths
-- Sq Ft
4,966 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $2,631,000

Est. 44% increase in value since last sale

Current estimated payment $22,640/month

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of July 2023

A custom built home that offers some of the best ocean views on the entire island. This home is situated one off of the ocean front as well as on the sunny side of the street. This five bedroom home offers reverse living with a sophisticated but comfortable appeal. The second floor deck flows off of the expansive great room is perfect for a laidback lifestyle. There are two separate en suites on the first floor, with a massive family room that opens up to a wrap-around porch. The huge master bedroom suite is on the main living floor. The great room has soaring vaulted ceilings, a center island, sub-zero refrigerator, separate dining area, and a spacious living room for great entertaining. There is plenty of parking, a large garage and a great backyard with access from the first floor. Must be a minimum of 2 weeks consecutively. Weeks are flexible.

Last Agent to Rent the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 11/21/2022

Compass Real Estate-Margate

Co-Listed By

Joelle Bridgers

Compass Real Estate-Margate

Compass Real Estate-Margate

Last Renter's Agent

Joelle Bridgers

Compass Real Estate-Margate

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,520

Year Built

  • 2001

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced

Home Design

  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Dining Area
  • Library
  • Recreation Room
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Storm Screens

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,520

Year Built

2001

Lot Details

0

Rental Info

  • Pets Allowed: Will Consider
  • Furnished: Yes
  • Lease Duration Options: August
  • Lease Duration: Weekly
  • Weekly Price: 15000

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Lvt Date: 11/21/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 2001

Interior Features

  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Breakfast Nook, Dining Area, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch, Sidewalks
  • Siding Exterior: Cedar
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

  • Driveway: Stone
  • Garage: Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Water View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 13, 2021
Sold by
Lisa Vieira
Bought by
Silverman Alan and Silverman Anne
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Joelle Bridgers
Compass Real Estate-Margate
List Price
$2,825,000
Sold Price
$2,631,000
Premium/Discount to List
-$194,000
-6.87%
Current Estimated Value
$3,791,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,160,428
Avg. Annual Appreciation
9.69%
Original Mortgage
$1,451,750
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Minigh Howard L and Hlm Residential Trust
Bought by
Minigh Carol Z and Czm Residential Trust

Purchase Details

Closed on
Mar 25, 2002
Sold by
Minigh Carole Z
Bought by
Hlm Residential Trust

Purchase Details

Closed on
Jun 21, 2001
Sold by
Gallagher Brothers Llc
Bought by
Minigh Howard L and Minigh Carole Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2000
Sold by
Widener Reserve Ltd Lp
Bought by
Gallagher Brothers Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Silverman Alan $2,631,000 Siligato Michael J
Minigh Carol Z -- None Available
Hlm Residential Trust -- --
Hlm Residential Trust -- --
Minigh Howard L -- --
Minigh Howard L $1,675,000 --
Gallagher Brothers Llc $650,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silverman Alan $1,451,750
Previous Owner Minigh Howard L $600,000
Closed Silverman Alan $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2023 07/29/23 Rented -- -- --
11/29/2022 11/29/22 Price Changed $15,000 -50.0% --
11/21/2022 11/21/22 For Rent $30,000 -33.3% --
08/01/2022 08/01/22 Rented -- -- --
01/04/2022 01/04/22 For Rent $45,000 0.0% --
10/20/2021 10/20/21 Sold $2,631,000 -6.9% -- View Prior Sale
09/24/2021 09/24/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $2,825,000 -- --
Source: South Jersey Shore Regional 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 $29,520 $2,631,000 $1,423,800 $1,207,200
2024 $29,520 $2,631,000 $1,423,800 $1,207,200
2023 $29,926 $2,631,000 $1,423,800 $1,207,200
2022 $29,926 $2,954,200 $1,423,800 $1,530,400
2021 $28,744 $2,954,200 $1,423,800 $1,530,400
2020 $29,128 $2,954,200 $1,423,800 $1,530,400
2019 $29,069 $2,954,200 $1,423,800 $1,530,400
2018 $29,069 $2,954,200 $1,423,800 $1,530,400
2017 $28,478 $2,954,200 $1,423,800 $1,530,400
2016 $27,356 $2,954,200 $1,423,800 $1,530,400
2015 $26,795 $2,954,200 $1,423,800 $1,530,400
2014 $26,529 $2,954,200 $1,423,800 $1,530,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 569102

South Jersey Shore Regional MLS

APN: 15-00035-0000-00002