$26,000
SOLD FEB 14, 2020
2 Beds
1 Bath
-- Sq Ft
0.75 Acres

Recently Sold

26% Below List Price

154 Days on Market

Highlights

  • Water Views
  • No HOA
  • 1-Story Property

About This Home

As of August 2022

Mallard Island - this is a Tear Down. Single Family Home on property has been declared a tear down by Stafford Township. Here is your opportunity to build a new home with amazing views on this large, expanded lot(s). Sellers have acquired additional lots adjacent to this property. Buyers to do their own due diligence regarding building codes and guidelines from the township. All utilities on property; public sewer/water too. Being Sold As-Is. Seller/Agency make no guarantees or representation regarding the structure or property. Mallard Island is extremely close to LBI and to shopping, great restaurants and more. Here's your chance to buy affordable land and build your dream home before it is too late! Ideal for a raised modular home! Great Views and so close to LBI!

Last Agent to Sell the Property

Patricia Guerra

RE/MAX at Barnegat Bay License #1005292 Listed on: 09/03/2019

Last Buyer's Agent

Patricia Guerra

RE/MAX at Barnegat Bay License #1005292 Listed on: 09/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1964

Interior Spaces

  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Additional Features

  • Lot Dimensions are 60 x 60
  • No Heating

Community Details

  • No Home Owners Association
  • Mallard Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-00202-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • Inclusions: None
  • Subdivision Name: Mallard Island
  • Architectural Style: Other - See Remarks
  • New Construction: No
  • Year Built: 1964
  • 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
  • General Property Info Lot Dimensions: 60 x 60
  • Location Middle School: Southern Reg
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:None3: Yes
  • Heating:None: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 60 x 60
  • Parcel #: 31-00202-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1080.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Aug 11, 2022
Sold by
George Greenaway
Bought by
Boyle Michael and Boyle Jaimee
Seller's Agent
Jamie Armstrong
Weichert Realtors-Ship Bottom
Buyer's Agent
Jamie Armstrong
Coldwell Banker Riviera Realty
List Price
$439,900
Sold Price
$440,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$555,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,685
Avg. Annual Appreciation
7.87%
Original Mortgage
$330,000
Outstanding Balance
$316,379
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$239,306

Purchase Details

Closed on
Aug 5, 2020
Sold by
Ritchie Brian D and Ritchie Kim
Bought by
Burgo Michael and Burgo Lenora

Purchase Details

Listed on
Sep 3, 2019
Closed on
Feb 10, 2020
Sold by
Lund Alfred R and Lund Al
Bought by
Greenaway George
Seller's Agent
Patricia Guerra
RE/MAX at Barnegat Bay
Buyer's Agent
Patricia Guerra
RE/MAX at Barnegat Bay
List Price
$35,000
Sold Price
$26,000
Premium/Discount to List
-$9,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.28%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Verruni Richard and Verruni Coleen
Bought by
Lund Al
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 $440,000 Allstate Title
Bargain Sale Deed $271,000 Counsellors Title Agency Inc
Deed $26,000 Surety Ttl Agcy Coastal Regi
Deed $38,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $440,000 0.0% $351 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $439,900 +1591.9% $351 / Sq Ft
02/14/2020 02/14/20 Sold $26,000 -25.7% --
02/04/2020 02/04/20 Pending -- -- --
09/02/2019 09/02/19 For Sale $35,000 -- --
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 $5,867 $236,300 $61,400 $174,900
2024 $5,811 $236,300 $61,400 $174,900
2023 $5,563 $236,300 $61,400 $174,900
2022 $1,116 $47,400 $30,600 $16,800
2021 $1,101 $47,400 $30,600 $16,800
2020 $1,102 $47,400 $30,600 $16,800
2019 $1,086 $47,400 $30,600 $16,800
2018 $1,080 $47,400 $30,600 $16,800
2017 $2,127 $90,400 $61,400 $29,000
2016 $2,105 $90,400 $61,400 $29,000
2015 $2,031 $90,400 $61,400 $29,000
2014 $2,011 $88,400 $60,400 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21935985

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00202-0000-00003