NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $2,672,000

1 Bed
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 04, 2021

Last sale price $835,000

Est. 126% increase in value since last sale

Current estimated payment $11,315/month

6 Days on Market

Highlights

  • Water Views
  • No HOA
  • Air Conditioning
  • Oceanside
  • Cottage
  • Patio

About This Home

As of October 2021

LBI. Quintessential Ocean Block Home. This charming gem is a historic Circa 1912 and sits on a 40 x 100 pristine lot perfectly balanced with sun and shade. This well-maintained charming beach cottage is move-in ready The downstairs features a porch, living rooms, bedroom, and bath. The upstairs has a loft that fits 4 single beds and the tree-lined yard has a new outdoor shower and storage shed. The beautiful beach and white sands of LBI are only steps away. The home is located 5 properties from the entrance to the beach and just a short walk to all the fun activities that make Ship Bottom famous. Let us not forget the Zagat-rated restaurants. The sunsets from the front porch are completely captivating and do not miss a breathtaking sunrise that only a laboriously loved island can provide.

Last Agent to Sell the Property

Irene Santoro

RE/MAX at Barnegat Bay License #1434999 Listed on: 07/10/2021

RE/MAX at Barnegat Bay

Last Buyer's Agent

Irene Santoro

RE/MAX at Barnegat Bay License #1434999 Listed on: 07/10/2021

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 1912

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Fenced

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Awning
  • Blinds
  • Water Views
  • Crawl Space
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Oceanside
  • Patio
  • Storage Shed

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Space Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00025-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,093

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Inclusions: AC Units, Blinds/Shades, Electric Cooking, Awnings
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1912
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Southern Reg
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Out Buildings Storage Shed: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Number Appliances Included A C Units: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Included Awnings: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Fence, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Space Heater
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 29-00025-0000-00015

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5093.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Sep 27, 2021
Sold by
Hess Jean Constance and Thatcher John William
Bought by
Furey Joseph J
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay
Buyer's Agent
Irene Santoro
RE/MAX at Barnegat Bay
List Price
$829,900
Sold Price
$835,000
Premium/Discount to List
$5,100
0.61%
Current Estimated Value
$1,889,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,054,100
Avg. Annual Appreciation
24.55%
Original Mortgage
$1,000,000
Outstanding Balance
$911,907
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,088,902

Purchase Details

Closed on
Apr 18, 2012
Sold by
Thatcher John W
Bought by
Hess Jean Constance and Thatcher John William

Purchase Details

Closed on
Sep 13, 2005
Sold by
Ruttle Teresa Teague
Bought by
Ruttle Brian
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
Furey Joseph J $835,000 Elite Title Group Llc
Hess Jean Constance -- None Available
Ruttle Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furey Joseph J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $835,000 +0.6% --
07/16/2021 07/16/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $829,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $15,604 $1,294,900 $440,000 $854,900
2024 $14,878 $1,294,900 $440,000 $854,900
2023 $13,713 $1,294,900 $440,000 $854,900
2022 $4,660 $440,000 $440,000 $0
2021 $5,078 $481,800 $440,000 $41,800
2020 $5,093 $481,800 $440,000 $41,800
2019 $5,097 $481,800 $440,000 $41,800
2018 $5,107 $481,800 $440,000 $41,800
2017 $4,775 $481,800 $440,000 $41,800
2016 $4,482 $404,900 $368,000 $36,900
2015 $4,373 $404,900 $368,000 $36,900
2014 $4,349 $403,100 $368,000 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22122526

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00025-0000-00015