NOT LISTED FOR SALE

Estimated Value: $827,000 - $1,228,305

4 Beds
1 Bath
1,152 Sq Ft
$964/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $675,000 $586 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,724/month

13 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Main Floor Bedroom
  • Doors swing in
  • Cape Cod Architecture
  • No HOA
  • Outdoor Shower

About This Home

As of March 2020

Charming ocean block cape only six houses off the beach on a vinyl-fenced 40 X 100 lot. This home boasts four bedrooms and one bath and 1152 sqft. of living space. The eat-in kitchen is complete with granite counter tops and a stainless appliance package. The large rear yard boasts ample entertaining space, an outside shower, large storage shed, and an abundance of privacy. Plentiful opportunities await. Schedule today!

Last Listed By

Joseph Mayo

RE/MAX of Long Beach Island License #0676682 Listed on: 01/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,939

Year Built

  • Built in 1955

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Property is zoned R3

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 29-00117-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,939

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1955
  • Remarks Public: Charming ocean block cape only six houses off the beach on a vinyl-fenced 40 X 100 lot. This home boasts four bedrooms and one bath and 1152 sqft. of living space. The eat-in kitchen is complete with granite counter tops and a stainless appliance package. The large rear yard boasts ample entertaining space, an outside shower, large storage shed, and an abundance of privacy. Plentiful opportunities await. Schedule today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 598.96
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outbuilding(s), Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141300.00
  • Land Assessed Value: 420000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Year Assessed: 2019
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3077178
  • Tax Annual Amount: 5939.00
  • Assessor Parcel Number: 29-00117-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 1152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/13/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Mar 12, 2020
Sold by
Ramos Nancy
Bought by
Cornacchia Raphael M and Cornacchia Julie
Seller's Agent
Joseph Mayo
RE/MAX of Long Beach Island
Buyer's Agent
Christopher Baumann
BHHS Zack Shore REALTORS
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%
Total Days on Market
13
Current Estimated Value
$1,110,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,576
Avg. Annual Appreciation
9.39%
Original Mortgage
$540,000
Outstanding Balance
$484,550
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$586,022

Purchase Details

Closed on
May 9, 2003
Sold by
Cardona Edward
Bought by
Ramos Marcy and Ramos Nancy

Purchase Details

Closed on
Jan 10, 2003
Sold by
Thompson Donna Marie
Bought by
Cardona Edward and Cardona Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.95%

Purchase Details

Closed on
Jun 9, 1999
Sold by
Ketchel Richard and Ketchel Margaret A
Bought by
Nichols Ted B and Nichols Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.09%

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
Cornacchia Raphael M $675,000 Old Republic Title
Ramos Marcy $128,985 --
-- $129,000 --
Cardona Edward $550,000 --
Nichols Ted B $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornacchia Raphael M $540,000
Previous Owner Cardona Edward $350,000
Previous Owner Nichols Ted B $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $675,000 -2.2% $586 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $690,000 -- $599 / 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 $6,449 $561,300 $420,000 $141,300
2023 $5,944 $561,300 $420,000 $141,300
2022 $5,944 $561,300 $420,000 $141,300
2021 $5,916 $561,300 $420,000 $141,300
2020 $5,933 $561,300 $420,000 $141,300
2019 $5,939 $561,300 $420,000 $141,300
2018 $5,950 $561,300 $420,000 $141,300
2017 $5,562 $561,300 $420,000 $141,300
2016 $5,329 $481,400 $344,000 $137,400
2015 $5,199 $481,400 $344,000 $137,400
2014 $5,194 $481,400 $344,000 $137,400
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJOC394226

Bright MLS

APN: 29-00117-0000-00008