$646,000
SOLD MAY 16, 2016
4 Beds
2.5 Baths
2,008 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

14% Below List Price

76 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • No HOA
  • Building is oceanfront but unit may not have water views
  • Deck
  • 2 Car Attached Garage

About This Home

As of December 2021

Bank Owned and ready for a quick sale. Ocean block single family home that needs a little TLC inside and out... Come add your touches to make this a perfect beach house...Features 4 bedrooms 3.5 baths, large open floor plan great for entertaining and for lots of family and friends...4 decks including a roof top deck with views of Old Barney Lighthouse and Ocean views and Bay views ... Reverse living with all bedrooms on 1st floor. Large backyard and lots of privacy. Situated on a 50 x 125 lot and close to everything Barnegat Light has to offer...Mustache Bills Diner, Ricks Caf and lots of little Boutiques and shops...Had great rental history in the past, rented for $3,200 per week for 9 weeks....

Last Agent to Sell the Property

Noreen Callahan

Keller Williams Realty Preferred Properties License #9910021 Listed on: 01/28/2016

Keller Williams Realty Preferred Properties

Last Buyer's Agent

Holly Muia

The Van Dyk Group - Long Beach Island License #1536198

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 50x125
  • Building is oceanfront but unit may not have water views

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,008 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Casement Windows
  • Sliding Doors
  • Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Multiple cooling system units
  • Central Air
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 02-00013-0000-00014

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,439

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Remarks Public: Bank Owned and ready for a quick sale. Ocean block single family home that needs a little TLC inside and out... Come add your touches to make this a perfect beach house...Features 4 bedrooms 3.5 baths, large open floor plan great for entertaining and for lots of family and friends...4 decks including a roof top deck with views of Old Barney Lighthouse and Ocean views and Bay views ... Reverse living with all bedrooms on 1st floor. Large backyard and lots of privacy. Situated on a 50 x 125 lot and close to everything Barnegat Light has to offer...Mustache Bills Diner, Ricks Caf and lots of little Boutiques and shops...Had great rental history in the past, rented for $3,200 per week for 9 weeks....
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Oven - Self Cleaning
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Window Treatments, Ceiling Fan(s), Floor Plan - Open, Recessed Lighting, Primary Bath(s)
  • Window Features: Casement
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2008
  • Living Area Sq Ft: 2008
  • Price Per Sq Ft: 336.16
  • Above Grade Finished Sq Ft: 2008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Fiberglass, Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Multi Units
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • 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: 274900.00
  • Land Assessed Value: 500000.00
  • Land Lease: No
  • Lot Dimensions: 50x125
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES
  • Zoning Description: Res

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2825766
  • Tax Annual Amount: 6439.00
  • Assessor Parcel Number: 02-00013-0000-00014
  • Tax Lot: 14
  • Tax Year: 2015
  • Close Date: 05/16/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 17, 2021
Sold by
Russomanno Joseph N and Russomanno Anna O
Bought by
Foerter Dennis and Foerter Kellie
Seller's Agent
Holly Muia
The Van Dyk Group - Long Beach Island
Buyer's Agent
Donna Diorio
BHHS Zack Shore REALTORS
List Price
$1,549,000
Sold Price
$1,370,000
Premium/Discount to List
-$179,000
-11.56%
Current Estimated Value
$1,672,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,785
Avg. Annual Appreciation
5.94%
Original Mortgage
$1,000,000
Outstanding Balance
$925,779
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$763,322

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 10, 2016
Sold by
M & T Bank
Bought by
Russomanno Joseph N and Russomanno Anna O
Seller's Agent
Noreen Callahan
Keller Williams Realty Preferred Properties
Buyer's Agent
Holly Muia
The Van Dyk Group - Long Beach Island
List Price
$749,900
Sold Price
$646,000
Premium/Discount to List
-$103,900
-13.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$417,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2015
Sold by
Chowansky David and Chowansky David C
Bought by
Hudson City Savings Bank

Purchase Details

Closed on
Dec 9, 2014
Sold by
Chowansky David C and Chowansky Ellen
Bought by
Chowansky David C

Purchase Details

Closed on
Jul 13, 2007
Sold by
Valvano James
Bought by
Chowansky David C and Chowansky Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Goracy Alan and Goracy Diane
Bought by
Valvano Ii James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Deed $1,370,000 Title Evolution Llc
Deed $646,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $800,000 None Available
Bargain Sale Deed $865,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $504,034 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $86,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,370,000 -8.6% $707 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $1,499,000 -3.2% $773 / Sq Ft
09/17/2021 09/17/21 For Sale $1,549,000 +139.8% $799 / Sq Ft
05/16/2016 05/16/16 Sold $646,000 -13.9% $322 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $749,900 -- $373 / 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 $5,965 $669,500 $500,000 $169,500
2023 $5,537 $669,500 $500,000 $169,500
2022 $5,537 $669,500 $500,000 $169,500
2021 $5,959 $669,500 $500,000 $169,500
2020 $6,046 $669,500 $500,000 $169,500
2019 $5,825 $669,500 $500,000 $169,500
2018 $6,625 $774,900 $500,000 $274,900
2017 $6,858 $774,900 $500,000 $274,900
2016 $6,680 $774,900 $500,000 $274,900
2015 $6,439 $774,900 $500,000 $274,900
2014 $7,006 $775,000 $500,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC188042

Bright MLS

APN: 02-00013-0000-00014