123 E 87th St Long Beach Township, NJ 08008
Long Beach Island Neighborhood
--
Bed
--
Bath
1,824
Sq Ft
7,405
Sq Ft Lot
Highlights
- Ocean Front
- Deck
- Outdoor Shower
- Water Access
- No HOA
- Ceiling Fan
About This Home
As of May 2017Well-maintained oceanfront duplex with many upgrades. New windows, kitchens, exterior doors, siding, roof, A/C. Has excellent rental history. Being sold furnished per inventory. Fantastic ocean views!! Has cathedral ceiling in living rm. & kitchen. Both floors have front decks. Located near shopping, restaurants, entertainment, etc. Owner has plans to convert property to a single family home. Owner anxious, show and sell!!
Last Agent to Sell the Property
Long Beach Island Real Estate Listed on: 04/04/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,698
Year Built
- Built in 1965
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Ocean Front
Home Design
- Duplex
- Shingle Roof
- Wood Siding
- Piling Construction
Interior Spaces
- 1,824 Sq Ft Home
- Partially Furnished
- Ceiling Fan
- Ocean Views
Kitchen
- Stove
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Water Access
- Deck
Location
- Flood Risk
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 18-00013-0006-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2015
Closed on
May 19, 2017
Sold by
Tri Bee Llc
Bought by
Cutler Evelyn S
Seller's Agent
Terry Moeller
Sea Breeze Realty Group, LLC
Buyer's Agent
David Sheridan
BHHS Zack Shore REALTORS
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,646,558
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,950,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 4, 2012
Closed on
Mar 6, 2015
Sold by
Quaranto James S
Bought by
Tri Bee Llc
Seller's Agent
Sharon Counsellor
Long Beach Island Real Estate
Buyer's Agent
Terry Moeller
Sea Breeze Realty Group, LLC
List Price
$1,599,000
Sold Price
$1,175,000
Premium/Discount to List
-$424,000
-26.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.47%
Purchase Details
Closed on
May 26, 1999
Sold by
Wellmann Family Partnership Lp
Bought by
Quaranto James S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.99%
Mortgage Type
Seller Take Back
Similar Home in Long Beach Township, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,600,000 | Old Republic National Title | |
| Deed | $1,175,000 | Multiple | |
| Deed | $525,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,813,000 | New Conventional | |
| Closed | $1,950,000 | New Conventional | |
| Previous Owner | $125,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2017 05/24/17 | Sold | $2,700,000 | -9.8% | $809 / Sq Ft |
| 05/12/2017 05/12/17 | Pending | -- | -- | -- |
| 09/19/2015 09/19/15 | For Sale | $2,995,000 | +154.9% | $898 / Sq Ft |
| 03/06/2015 03/06/15 | Sold | $1,175,000 | -26.5% | $644 / Sq Ft |
| 03/06/2015 03/06/15 | Pending | -- | -- | -- |
| 04/04/2012 04/04/12 | For Sale | $1,599,000 | -- | $877 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $23,684 | $2,670,100 | $1,615,000 | $1,055,100 |
| 2023 | $22,215 | $2,670,100 | $1,615,000 | $1,055,100 |
| 2022 | $22,215 | $2,670,100 | $1,615,000 | $1,055,100 |
| 2021 | $21,521 | $2,670,100 | $1,615,000 | $1,055,100 |
| 2020 | $18,691 | $1,880,400 | $1,155,000 | $725,400 |
| 2019 | $18,860 | $1,880,400 | $1,155,000 | $725,400 |
| 2018 | $18,296 | $1,880,400 | $1,155,000 | $725,400 |
| 2017 | $18,390 | $1,880,400 | $1,155,000 | $725,400 |
| 2016 | $12,210 | $1,238,300 | $1,155,000 | $83,300 |
| 2015 | $12,197 | $1,238,300 | $1,155,000 | $83,300 |
| 2014 | $11,900 | $1,238,300 | $1,155,000 | $83,300 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Moeller
Seller's Agent in 2017
Terry Moeller
Sea Breeze Realty Group, LLC
(609) 709-2779
43 in this area
43 Total Sales
-
Cathy Moeller
C
Seller Co-Listing Agent in 2017
Cathy Moeller
Sea Breeze Realty Group, LLC
(609) 709-8541
62 in this area
64 Total Sales
-
David Sheridan
Buyer's Agent in 2017
David Sheridan
BHHS Zack Shore REALTORS
(609) 709-2280
67 in this area
96 Total Sales
-
Sharon Counsellor
S
Seller's Agent in 2015
Sharon Counsellor
Long Beach Island Real Estate
(609) 290-6916
10 in this area
15 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC220102
APN: 18-00013-06-00008
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