NOT LISTED FOR SALE

112 S 12th Ave Longport, NJ 08403

Estimated Value: $3,867,375 - $4,518,000

4 Beds
3.5 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $1,900,000

Est. 119% increase in value since last sale

Current estimated payment $23,514/month

9 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Living Room with Fireplace
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Den

About This Home

As of September 2016

Traditional "Old Longport" residence located at the "Prestigious Point Area" of Longport...only steps to the beach with amazing ocean and bay views...This home features 4 bedrooms, 3.5 baths and plenty of room for expansion...Situated on a classic 50' x 110' lot with room for a pool and rear driveway access if desired...

Last Agent to Sell the Property

Jerome DiPentino

LONG and FOSTER REAL ESTATE INC-Longport Listed on: 07/07/2016

LONG and FOSTER REAL ESTATE INC-Longport

Last Buyer's Agent

Jaime Kravitz

DILORENZO REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,402

Lot Details

  • Lot Dimensions are 50 x 110
  • Building is beachfront but unit may not have water views

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,402

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 07/08/2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator
  • Fireplace: Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Storage
  • Bedrooms: 4
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 50 x 110
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Marchel Stephen
Bought by
Wrd Beach Retreat Llc
Current Estimated Value
$4,161,458

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 15, 2016
Sold by
Michael Glassner and Michael Creskoff
Bought by
Marchel Stephen
Seller's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
Jaime Kravitz
DILORENZO REALTY GROUP, LLC
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$1,499,950
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 8, 2016
Sold by
Glassner Michael J and Creskoff Rebecca A
Bought by
Marchel Stephen
Seller's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
Jaime Kravitz
DILORENZO REALTY GROUP, LLC
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,950
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2013
Sold by
Downes James E and Downes June Marie
Bought by
Glassner Michael Jay and Creskoff Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Murray John W and Murray Heather E Korostoff
Bought by
Downes James E and Downs June Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1998
Sold by
Goodman Suzanne G
Bought by
Murray John W and Murray Heather E Korostoff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.05%

Purchase Details

Closed on
Oct 27, 1997
Sold by
Mcgettigan James
Bought by
Goodman Suzanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,471
Interest Rate
7.19%
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 Buyer Sale Price Title Company
Wrd Beach Retreat Llc $1,650,000 First Partners Abstrract Co
Marchel Stephen $1,900,000 --
Marchel Stephen $1,900,000 --
Glassner Michael Jay $1,575,000 Surety Title
Downes James E $1,200,000 Congress Title Corp
Murray John W $457,500 Commonwealth Land Title Ins
Goodman Suzanne G -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchel Stephen $1,499,950
Previous Owner Glassner Michael Jay $1,102,500
Previous Owner Downes James E $200,000
Previous Owner Murray John W $300,000
Previous Owner Goodman Suzanne G $36,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $1,900,000 0.0% --
07/16/2016 07/16/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $1,900,000 -- --
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 $17,402 $1,551,000 $1,500,000 $51,000
2024 $17,402 $1,551,000 $1,500,000 $51,000
2023 $15,712 $1,551,000 $1,500,000 $51,000
2022 $15,712 $1,551,000 $1,500,000 $51,000
2021 $15,091 $1,551,000 $1,500,000 $51,000
2020 $15,293 $1,551,000 $1,500,000 $51,000
2019 $15,262 $1,551,000 $1,500,000 $51,000
2018 $15,262 $1,551,000 $1,500,000 $51,000
2017 $14,952 $1,551,000 $1,500,000 $51,000
2016 $14,362 $1,551,000 $1,500,000 $51,000
2015 $14,068 $1,551,000 $1,500,000 $51,000
2014 $13,928 $1,551,000 $1,500,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Jerome DiPentino

    Seller's Agent in 2016

    Jerome DiPentino

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 432-5588

    46 Total Sales

    Jerome DiPentino
    Section Image
  • Jaime Kravitz

    Buyer's Agent in 2016

    Jaime Kravitz

    DILORENZO REALTY GROUP, LLC

    (609) 226-6464

    61 Total Sales

    Jaime Kravitz
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 471024

South Jersey Shore Regional MLS

APN: 15-00002-0000-00020

New Jersey Atlantic County Longport 08403

112 S 12th Ave, Longport, NJ

This home is located at 112 S 12th Ave, Longport, NJ 08403 since 07 July 2016 and is currently estimated at $4,161,458. 112 S 12th Ave is a home located in Atlantic County with nearby schools including Blessed Sacrament Regional School, St. James Elementary School, and Saint Joseph Regional School.

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