NOT LISTED FOR SALE

1103 Beach Ave E Brigantine, NJ 08203

Estimated Value: $538,000 - $970,000

-- Bed
-- Bath
1,860 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $205,000 $110 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $4,839/month

10 Days on Market

About This Home

As of August 2016

Rare to find a triplex with two, 2 bedroom units and one 3 bedroom unit. In the words of Bruce Springsteen, it needs a "little touch-up and a little paint" in order to get ready to rent. Spend some more money to update the units and be assured a larger tenant pool and a higher rent role. Lastly, knock down the exiting structure and build your own single family only one block to the beach as this property is priced just above the assessed land value.

Last Agent to Sell the Property

Keely LePera Conti

BHHS FOX and ROACH-Brigantine Listed on: 07/17/2016

BHHS FOX and ROACH-Brigantine

Co-Listed By

THOMAS LEPERA

BHHS FOX and ROACH-Brigantine

Last Buyer's Agent

Keely LePera Conti

BHHS FOX and ROACH-Brigantine Listed on: 07/17/2016

BHHS FOX and ROACH-Brigantine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,368

Lot Details

  • Lot Dimensions are 47x90

Parking

  • 2 Parking Spaces

Home Design

  • Triplex

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,368

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 07/18/2016
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 47x90

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 2
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2016
Closed on
Sep 16, 2016
Sold by
Giannella Giuseppe and Giannella Clorinda
Bought by
Giannella Giuseppe and Clorinda Etals
Seller's Agent
Keely LePera Conti
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Keely LePera Conti
BHHS FOX and ROACH-Brigantine
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$790,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,500
Avg. Annual Appreciation
16.10%

Purchase Details

Listed on
Jul 17, 2016
Closed on
Aug 11, 2016
Sold by
Fire Office Park Holdings Llc
Bought by
Giannella Giuseppe and Giannella Clorinda
Seller's Agent
Keely LePera Conti
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Keely LePera Conti
BHHS FOX and ROACH-Brigantine
List Price
$205,000
Sold Price
$205,000

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jun 9, 2016
Sold by
Ocean City Home Bank
Bought by
Fire Office Park Holdings Llc
Seller's Agent
John Falco
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
John Falco
BALSLEY/LOSCO-VENTNOR
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-64.81%

Purchase Details

Closed on
Jul 28, 2015
Sold by
Kay Edward J and Kay Cindy
Bought by
Ocean City Home Bank

Purchase Details

Closed on
Mar 16, 2005
Sold by
Kay Edward
Bought by
Kay Edward and Kay Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1998
Sold by
Regal Enterprises Of Brigantine Inc
Bought by
Kay Edward and Kay Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 9, 1990
Sold by
Regal Enterprises Of Brigantine Inc
Bought by
Regal Enterprises O Brigantine Inc

Purchase Details

Closed on
Jun 27, 1989
Sold by
Mcgarrigel Andrew and Mcgarrigel Lawler,William
Bought by
Regal Enterprises Of Brigantine Inc
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
Giannella Giuseppe $10 --
Giannella Giuseppe $205,000 --
Fire Office Park Holdings Llc $250,000 None Available
Ocean City Home Bank -- Attorney
Kay Edward $475,000 --
Kay Edward -- Commonwealth Land Title Ins
Regal Enterprises O Brigantine Inc -- --
Regal Enterprises Of Brigantine Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kay Edward $380,000
Previous Owner Kay Edward $90,000
Previous Owner Kay Edward $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold $205,000 0.0% $110 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $205,000 -18.0% $110 / Sq Ft
06/09/2016 06/09/16 Sold $250,000 0.0% $134 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $250,000 0.0% $134 / Sq Ft
08/09/2013 08/09/13 Rented -- -- --
08/09/2013 08/09/13 For Rent -- -- --
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 $6,368 $338,700 $199,700 $139,000
2024 $6,368 $338,700 $199,700 $139,000
2023 $5,883 $338,700 $199,700 $139,000
2022 $5,883 $338,700 $199,700 $139,000
2021 $5,778 $338,700 $199,700 $139,000
2020 $5,717 $338,700 $199,700 $139,000
2019 $5,768 $338,700 $199,700 $139,000
2018 $5,881 $338,600 $199,700 $138,900
2017 $5,976 $338,600 $199,700 $138,900
2016 $5,973 $338,600 $199,700 $138,900
2015 $6,003 $338,600 $199,700 $138,900
2014 $5,780 $338,600 $199,700 $138,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 471499

South Jersey Shore Regional MLS

APN: 03-00202-0000-00001-02