NOT LISTED FOR SALE

Estimated Value: $1,304,000 - $1,547,000

-- Bed
2 Baths
1,872 Sq Ft
$763/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $452,000 $241 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $7,144/month

173 Days on Market

Highlights

  • Bay View
  • Bayside
  • Storm Windows
  • Open Floorplan
  • Deck
  • 1-minute walk to 3rd St Playground

About This Home

As of November 2012

Heres your opportunity to own a duplex with three bedrooms per unit and some nice bay views at a GREAT PRICE! Situated on a full sized 50X100 lot close to the causeway for easy on and off the island. Completely upgraded electric service. Modernize the interiors to create an excellent cash flowing investment. Although seller is not aware of any major problems, property is being sold in AS-IS condition due to the low price.

Last Agent to Sell the Property

James Dooney

RE/MAX of Long Beach Island* Listed on: 04/15/2012

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,412

Year Built

  • 1959

Lot Details

  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Home Design

  • Duplex
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,872 Sq Ft Home
  • Open Floorplan
  • Bay Views
  • Crawl Space
  • Storm Windows
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Stove

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • Deck
  • Bayside

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 3200062000000038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,412

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Stove
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Floor Plan - Open
  • Window Features: Storm
  • Foundation Details: Crawl Space
  • Living Area Units: Square Feet
  • Total Sq Ft: 1872
  • Living Area Sq Ft: 1872
  • Price Per Sq Ft: 255.88
  • Above Grade Finished Sq Ft: 1872
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Roof: Shingle
  • View: Water, Bay
  • Water View: Yes

Garage/Parking

  • Type Of Parking: Driveway, Off Street

Utilities

  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 128000.00
  • Land Assessed Value: 350000.00
  • Lot Features: Level
  • Lot Dimensions: 50X100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RA
  • Zoning Description: ra

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4412.0
  • Assessor Parcel Number: 3200062000000038
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2012
Closed on
Nov 29, 2012
Sold by
Karl Stephen R and Karl Denise
Bought by
Goldsmith Ryan and Goldsmith Jennifer
Seller's Agent
James Dooney
RE/MAX of Long Beach Island*
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$499,999
Sold Price
$452,000
Premium/Discount to List
-$47,999
-9.6%
Current Estimated Value
$1,195,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,918
Avg. Annual Appreciation
8.94%
Original Mortgage
$339,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
Karl Stephen and Karl Denise
Bought by
Karl Denise

Purchase Details

Closed on
Sep 19, 1995
Sold by
Davidson Arnold
Bought by
Karl Stephen and Karl Kenise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.47%
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
Goldsmith Ryan $452,000 Agent For First American Tit
Karl Denise -- None Available
Karl Stephen $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Goldsmith Ryan $250,000
Closed Goldsmith Ryan $339,000
Previous Owner Karl Stephen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2012 11/29/12 Sold $452,000 -9.6% $241 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $499,999 -- $267 / 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 $7,150 $711,400 $382,500 $328,900
2023 $6,972 $711,400 $382,500 $328,900
2022 $6,972 $711,400 $382,500 $328,900
2021 $6,417 $711,400 $382,500 $328,900
2020 $4,749 $544,000 $382,500 $161,500
2019 $4,673 $536,500 $382,500 $154,000
2018 $4,672 $460,300 $350,000 $110,300
2017 $4,732 $460,300 $350,000 $110,300
2016 $4,617 $460,300 $350,000 $110,300
2015 $4,428 $460,300 $350,000 $110,300
2014 $4,405 $460,300 $350,000 $110,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC220076

Bright MLS

APN: 32-00062-0000-00038