$99,900
SOLD JUN 8, 2020
3 Beds
1 Bath
876 Sq Ft
871 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

88 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room
  • Porch

About This Home

As of March 2025

INVESTORS ALERT - OWNER FINANCING WITH $9900 DOWN PAYMENT- 6.99% Interest rate and 25 year amortization! LOW Taxes, NicelyRenovated - RENTED for $1100 P/M or $13,200 P/Y -Includes extra lot at 1127 Drexel! Ideal investment located in the Inlet Area. The city's fastest growing area with the mostfuture potential. Located in a quiet area towards the front of Bungalow Park this detached single family 2 story home features a covered frontporch, big back yard, and extra large master bedroom. Easy access from Route 30 WHP. Located just seconds from the new Hardrock & OceanHotel and Casinos, the Showboat, beautiful beaches, a world famous Boardwalk, Absecon Lighthouse, Fishing Piers & Jetty's in the Inlet Thetime to buy is NOW, Stockton University Island Campus which starts construction on Phase 2 expansion this year, New Casinos includingHardrock, Eldorado, and Ocean, and Brand New Boardwalk are now open! Seller has 16 others homes to choose from in the city including 1 more on Drexel, 1 on Caspian, 1 on Keener, 6 on Ohio, & 6 in Belle Haven Court. Call for complete details, income, expenses, or payment info and get ready to add these homes to your growing realestate portfolio. All units have had the taxes appealed, recently renovated, leased to good tenants, well maintained, & professionally managed,Max 2 per investor! Own it for less than renting! Our Agents speak Espanol - Madarin - Italian - Tagalog & Banglie.

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC License #0566410 Listed on: 09/09/2019

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Shelby Morgan

Morgan Capital Real Estate License #1865038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 15 x 44

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 09/10/2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, W/W Over Hardwood
  • Interior Amenities: Smoke/Fire Alarm
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Paved Road, Porch, Sidewalks
  • Siding Exterior: Brick, Stucco
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Blacktop, Shared
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 15 x 44
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Mar 4, 2025
Sold by
Woodfield John
Bought by
Doin It Down The Shore Llc
Seller's Agent
Pamela Garrett
Elite Team Realty, LLC
Buyer's Agent
Anamaria Delvalle
Elite Team Realty, LLC
List Price
$1,990,000
Sold Price
$1,570,000
Premium/Discount to List
-$420,000
-21.11%
Views
6
Current Estimated Value
$1,060,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$510,000
Avg. Annual Appreciation
-62.11%
Original Mortgage
$1,177,500
Outstanding Balance
$1,176,514
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$80,181

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 21, 2021
Sold by
Rem Real Estate Corp
Bought by
Woodfield John
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$109,900
Sold Price
$119,900
Premium/Discount to List
$10,000
9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.29%
Original Mortgage
$1,151,900
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 14, 2020
Sold by
Blanch Real Estate Llc
Bought by
Rem Real Estate Corporation

Purchase Details

Listed on
Sep 9, 2019
Closed on
May 27, 2020
Sold by
Rem Real Estate Corp
Bought by
Blanch Real Estate Llc
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Shelby Morgan
Morgan Capital Real Estate
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.81%
Original Mortgage
$90,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2017
Sold by
Mantin Mitchell
Bought by
Rem Real Estate Corp

Purchase Details

Closed on
Feb 28, 2012
Sold by
Wamsher Michael J and Wamsher Linda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2006
Sold by
Carter Saundra
Bought by
Wamsher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
Nelson Dorothy P
Bought by
Carter Saundra A

Purchase Details

Closed on
Oct 1, 1997
Sold by
Nelson Lenwood M
Bought by
Nelson Dorothy P
Source: Public Records

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Range of Values:

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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 $872,000 First American Title
Bargain Sale Deed $1,326,900 Surety Title
Deed In Lieu Of Foreclosure -- None Available
Deed $99,900 Atlantic Shore Title Llc
Deed -- Surety Title Co Llc
Deed -- None Available
Deed $113,300 --
Bargain Sale Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,177,500 New Conventional
Previous Owner $1,151,900 Seller Take Back
Previous Owner $650,000 Stand Alone First
Previous Owner $90,000 Credit Line Revolving
Previous Owner $115,000 Unknown
Previous Owner $101,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $1,570,000 -21.1% $1,792 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
08/21/2024 08/21/24 For Sale $1,990,000 +1559.7% $2,272 / Sq Ft
12/16/2021 12/16/21 Sold $119,900 0.0% $137 / Sq Ft
11/01/2021 11/01/21 Rented -- -- --
09/15/2021 09/15/21 Pending -- -- --
09/08/2021 09/08/21 For Rent $1,375 0.0% --
07/16/2021 07/16/21 Off Market $1,375 -- --
06/03/2021 06/03/21 Price Changed $1,375 -1.8% $2 / Sq Ft
05/04/2021 05/04/21 For Rent $1,400 0.0% --
04/30/2021 04/30/21 Price Changed $119,900 +9.1% $137 / Sq Ft
11/19/2020 11/19/20 For Sale $109,900 +10.0% $125 / Sq Ft
06/08/2020 06/08/20 Sold $99,900 0.0% $114 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $99,900 +185.4% $114 / Sq Ft
07/18/2012 07/18/12 Sold $35,000 0.0% $40 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $35,000 -- $40 / Sq Ft
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
2024 $1,581 $45,800 $17,600 $28,200
2023 $1,730 $45,800 $17,600 $28,200
2022 $1,730 $45,800 $17,600 $28,200
2021 $1,787 $45,800 $17,600 $28,200
2020 $1,802 $45,800 $17,600 $28,200
2019 $1,992 $50,000 $20,000 $30,000
2018 $1,767 $50,000 $20,000 $30,000
2017 $1,711 $50,000 $20,000 $30,000
2016 $1,930 $50,000 $20,000 $30,000
2015 $1,711 $50,000 $20,000 $30,000
2014 $1,674 $50,000 $20,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 527718

South Jersey Shore Regional MLS

APN: 02-00444-0000-00003