NOT LISTED FOR SALE

Estimated Value: $1,067,000 - $1,183,715

4 Beds
2 Baths
1,122 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $507,000 $452 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,628/month

309 Days on Market

Highlights

  • Water Oriented
  • Property fronts the bay but unit may not have water views
  • Main Floor Bedroom
  • Open Floorplan
  • Wood Flooring
  • Attic

About This Home

As of February 2020

JUST REDUCED! Very cute & updated 4 bedroom 2 full bath Cape WITH CENTRAL AC & GAS FORCED HOT AIR HEAT! Lots of recent updates, including: KITCHEN with granite counters, breakfast bar, new cabinets and stainless steel appliances. Wood-look CERAMIC TILE FLOORS throughout 1st floor for easy care. Gorgeous WOOD FLOORS throughout 2nd floor. Updated TILE BATHS. VINYL REPLACEMENT WINDOWS and VINYL SIDING for low maintenance. OPEN living/dining/kitchen floorplan. Raised rear PORCH, outdoor shower, and spacious backyard with storage SHED for your bikes and beach toys. Just one block from the Surf City Yacht Club and only a few blocks to both ocean and bay life-guarded beaches, as well as the bayfront playground. Two bedrooms on first floor and two bedrooms on 2nd floor with lots of closet/storage space. Mostly furnished. Owners use the house and also rent part of the summer at up to $28-2900. Total rents for 2019 season are about $15K but could easily be much more if fully rented out. More. Previous owner had flooring support work done. Supporting structure was reinforced but slope remains, probably to avoid cracking floor tiles.

Last Agent to Sell the Property

Steve Sepanak

Sand Dollar Real Estate Listed on: 02/12/2019

Last Buyer's Agent

Gavin Hodgson

Island Realty-Surf City License #1327744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,756

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts the bay but unit may not have water views
  • Level Lot
  • The property's topography is level

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Double Hung Windows
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Patio
  • Storage Shed

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 32-00108-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,756

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: per inventory
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 9999
  • Remarks Public: JUST REDUCED! Very cute & updated 4 bedroom 2 full bath Cape WITH CENTRAL AC & GAS FORCED HOT AIR HEAT! Lots of recent updates, including: KITCHEN with granite counters, breakfast bar, new cabinets and stainless steel appliances. Wood-look CERAMIC TILE FLOORS throughout 1st floor for easy care. Gorgeous WOOD FLOORS throughout 2nd floor. Updated TILE BATHS. VINYL REPLACEMENT WINDOWS and VINYL SIDING for low maintenance. OPEN living/dining/kitchen floorplan. Raised rear PORCH, outdoor shower, and spacious backyard with storage SHED for your bikes and beach toys. Just one block from the Surf City Yacht Club and only a few blocks to both ocean and bay life-guarded beaches, as well as the bayfront playground. Two bedrooms on first floor and two bedrooms on 2nd floor with lots of closet/storage space. Mostly furnished. Owners use the house and also rent part of the summer at up to $28-2900. Total rents for 2019 season are about $15K but could easily be much more if fully rented out. More. Previous owner had flooring support work done. Supporting structure was reinforced but slope remains, probably to avoid cracking floor tiles.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Attic, Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Floor Plan - Open
  • Window Features: Double Hung, Insulated
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1122
  • Living Area Sq Ft: 1122
  • Price Per Sq Ft: 480.39
  • Above Grade Finished Sq Ft: 1122
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1107

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Water Body Name: Barnegat Bay and Atlantic Ocean
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 165000.00
  • Land Assessed Value: 382500.00
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Topography: Level
  • Year Assessed: 2019
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Furnished: Partially
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3095962
  • Tax Annual Amount: 4756.00
  • Assessor Parcel Number: 32-00108-0000-00002
  • Tax Lot: 2
  • Tax Year: 2018
  • Close Date: 02/14/2020

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jan 26, 2020
Sold by
Berkowitz Seth and Stewart Susan
Bought by
Vassallo Stefan S and Vassallo Colleen O
Seller's Agent
Steve Sepanak
Sand Dollar Real Estate
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$599,000
Sold Price
$507,000
Premium/Discount to List
-$92,000
-15.36%
Current Estimated Value
$1,132,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,179
Avg. Annual Appreciation
14.09%
Original Mortgage
$405,600
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 15, 2017
Sold by
Jacobson Kenneth and Volckmar Lisette
Bought by
Berkowitz Seth and Stewart Susan
Seller's Agent
Pat Sepanak
Sand Dollar Real Estate
Buyer's Agent
Steve Sepanak
Sand Dollar Real Estate
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$335,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2006
Sold by
Houts Claire E
Bought by
Jacobson Kenneth and Volckmar Lisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Vassallo Stefan S $507,000 Old Republic Natl Ttl Ins Co
Berkowitz Seth $485,000 Old Republic National Title
Jacobson Kenneth $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassallo Stefan S $407,628
Closed Vassallo Stefan S $407,628
Closed Vassallo Stefan S $405,600
Previous Owner Berkowitz Seth $335,000
Previous Owner Jacobson Kenneth $340,000
Previous Owner Jacobson Kenneth L $387,000
Previous Owner Jacobson Kenneth $417,000
Previous Owner Houts Claire E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $507,000 -5.9% $452 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $539,000 -1.8% $480 / Sq Ft
09/08/2019 09/08/19 Price Changed $549,000 -2.8% $489 / Sq Ft
07/30/2019 07/30/19 Price Changed $565,000 -1.7% $504 / Sq Ft
06/15/2019 06/15/19 Price Changed $575,000 -4.0% $512 / Sq Ft
02/12/2019 02/12/19 For Sale $599,000 +23.5% $534 / Sq Ft
08/18/2017 08/18/17 Sold $485,000 -2.8% $432 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $499,000 -- $445 / 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 $5,502 $547,500 $382,500 $165,000
2023 $5,366 $547,500 $382,500 $165,000
2022 $5,366 $547,500 $382,500 $165,000
2021 $4,938 $547,500 $382,500 $165,000
2020 $4,780 $547,500 $382,500 $165,000
2019 $4,769 $547,500 $382,500 $165,000
2018 $4,756 $468,600 $350,000 $118,600
2017 $4,817 $468,600 $350,000 $118,600
2016 $4,700 $468,600 $350,000 $118,600
2015 $4,508 $468,600 $350,000 $118,600
2014 $4,485 $468,600 $350,000 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC140568

Bright MLS

APN: 32-00108-0000-00002