$665,000
SOLD SEP 21, 2020
-- Bed
-- Bath
1,632 Sq Ft
4,080 Sq Ft Lot

Recently Sold

$407 Per Sq Ft

6% Below List Price

Highlights

  • Second Kitchen
  • Attic
  • More Than Two Accessible Exits
  • Oceanside
  • No HOA
  • Outdoor Shower

About This Home

As of July 2021

Oceanside Duplex on a 40x102 Lot in Spray Beach! Located on the Southend of Long Beach Island, this property is within walking distance to Restaurants, Shopping, Amusements and More! Each unit offers spacious living areas and bedrooms. 2 Bedrooms/1 Bath Per Floor. There is an interior staircase which connects the two units, perfect for your guests or the ability to rent the property as a whole. Check out this affordable duplex and get your piece of the LBI pie!

Last Agent to Sell the Property

Gina Laird

(609) 638-0153 glairdlbi@gmail.com RE/MAX of Long Beach Island Listed on: 07/01/2020

Last Buyer's Agent

Joan Konnor

(609) 709-1205 jkonnor@vandykgroup.com The Van Dyk Group - Long Beach Island License #0451671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1962

Lot Details

  • 4,080 Sq Ft Lot
  • Lot Dimensions are 40.00 x 102.00

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • Crawl Space
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Oceanside

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Spray Beach Subdivision

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 18-00005 05-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,642

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Furnishings Negotiable
  • New Construction: No
  • Expected On Market: 2020-07-02
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Oceanside Duplex on a 40x102 Lot in Spray Beach! Located on the Southend of Long Beach Island, this property is within walking distance to Restaurants, Shopping, Amusements and More! Each unit offers spacious living areas and bedrooms. 2 Bedrooms/1 Bath Per Floor. There is an interior staircase which connects the two units, perfect for your guests or the ability to rent the property as a whole. Check out this affordable duplex and get your piece of the LBI pie!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Microwave
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: 2nd Kitchen, Carpet, Attic, Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 428.31
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74800.00
  • Land Assessed Value: 388000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 102.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4080.00
  • Year Assessed: 2019
  • Zoning: R-50

Rental Info

  • Units Furnished: Some
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 3021073
  • Tax Annual Amount: 4642.00
  • Assessor Parcel Number: 18-00005 05-00019
  • Tax Lot: 00019
  • Tax Total Finished Sq Ft: 1632
  • County Tax Payment Frequency: Unknown
  • Tax Year: 2019
  • Close Date: 09/21/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 30, 2021
Sold by
Skinny Water Development Llc
Bought by
Nautilus Ventures Llc
Seller's Agent
Joan Konnor
The Van Dyk Group - Long Beach Island
Buyer's Agent
Shawn Corson
The Van Dyk Group - Long Beach Island
List Price
$2,249,000
Sold Price
$2,175,000
Premium/Discount to List
-$74,000
-3.29%
Current Estimated Value
$2,756,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,049
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,631,250
Outstanding Balance
$1,481,077
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,274,972

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 4, 2020
Sold by
Kelly Edward and Kelly Mary Ann
Bought by
Skinny Water Development Llc
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Joan Konnor
The Van Dyk Group - Long Beach Island
List Price
$710,000
Sold Price
$665,000
Premium/Discount to List
-$45,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
303.14%

Purchase Details

Closed on
Jan 6, 2012
Sold by
Kelly Joseph R
Bought by
Kelly Edward and Kelly Mary Ann

Purchase Details

Closed on
Apr 19, 1995
Sold by
Stracensky Richard J
Bought by
Kelly Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.33%
Source: Public Records

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 Type Sale Price Title Company
Deed $2,175,000 Surety Title Agency Coastal
Deed $665,000 Surety Ttl Agcy Coastal Regi
Deed $665,000 Surety Title
Interfamily Deed Transfer -- None Available
Deed $167,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,631,250 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $2,175,000 -3.3% $750 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $2,249,000 +238.2% $776 / Sq Ft
09/21/2020 09/21/20 Sold $665,000 -4.9% $407 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $699,000 -1.5% $428 / Sq Ft
07/01/2020 07/01/20 For Sale $710,000 -- $435 / 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 $12,929 $1,447,800 $520,000 $927,800
2024 $12,842 $1,447,800 $520,000 $927,800
2023 $12,046 $1,447,800 $520,000 $927,800
2022 $12,046 $1,447,800 $520,000 $927,800
2021 $4,191 $520,000 $520,000 $0
2020 $4,600 $462,800 $388,000 $74,800
2019 $4,642 $462,800 $388,000 $74,800
2018 $4,503 $462,800 $388,000 $74,800
2017 $4,526 $462,800 $388,000 $74,800
2016 $4,563 $462,800 $388,000 $74,800
2015 $4,559 $462,800 $388,000 $74,800
2014 $4,448 $462,800 $388,000 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC399520

Bright MLS

APN: 18-00005-05-00019