NOT LISTED FOR SALE

124 E 12th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,637,000 - $2,491,000

4 Beds
4 Baths
2,536 Sq Ft
$860/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $2,100,000 $828 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,736/month

About This Home

As of July 2023

3rd HOUSE FROM THE BEACH with no roads to cross. This reverse-living 4 bedroom, 3.5 bathroom home on oversized lot with enormous garage is available in the highly desirable boro of Ship Bottom. The third floor is the main living area with living room, dining room and kitchen featuring a 10 foot island. This floor also includes the owner’s suite with private deck, walk in closet and bathroom. The second-floor features 3 additional bedrooms and 2 full bathrooms. All floors are easily accessible with the three-stop elevator going from the garage level to the top floor. There are a total of 5 decks on this island retreat. In addition to the 2 private bedroom decks, both the 2nd and 3rd floors have large decks with ocean views. Of course, the roof top fiberglass deck is the perfect happy hour get away to enjoy the endless views of the ocean, island and both the sunrise and sunset. Plenty of space for an in-groud pool. Walking distance to the heart of Ship Bottom.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 18, 2023
Sold by
James P Mccloskey Survivors Trust and Mccloskey Family Trust
Bought by
Akv-Lbi 124 Llc
Seller's Agent
Scott Hostutler
Weichert Realtors - Ship Bottom
Buyer's Agent
Scott Hostutler
Weichert Realtors - Ship Bottom
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%
Views
93
Current Estimated Value
$2,181,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,199
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Dec 9, 2022
Sold by
Mccloskey Family Trust
Bought by
James P Mccloskey Survivors Trust

Purchase Details

Closed on
Oct 16, 2000
Sold by
Davies Mark
Bought by
James Mc Closkey and Mc Closkey Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
7.88%

Purchase Details

Closed on
May 3, 2000
Sold by
Adair Barry
Bought by
Davies Mark
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Akv-Lbi 124 Llc $2,100,000 Stewart Title Company
Akv-Lbi 124 Llc $2,100,000 Stewart Title Company
James P Mccloskey Survivors Trust -- --
James P Mccloskey Survivors Trust -- None Listed On Document
James Mc Closkey $694,000 --
James Mc Closkey $694,000 --
Davies Mark $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Mc Closkey $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $2,100,000 -12.3% $828 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $2,395,000 +205.1% $944 / Sq Ft
01/17/2019 01/17/19 Sold $785,000 -1.8% $314 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $799,000 -- $320 / Sq Ft

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 $14,066 $1,167,300 $700,000 $467,300
2024 $13,412 $1,167,300 $700,000 $467,300
2023 $12,362 $1,167,300 $700,000 $467,300
2022 $12,362 $1,167,300 $700,000 $467,300
2021 $12,196 $1,157,100 $700,000 $457,100
2020 $12,231 $1,157,100 $700,000 $457,100
2019 $12,242 $1,157,100 $700,000 $457,100
2018 $12,265 $1,157,100 $700,000 $457,100
2017 $11,467 $1,157,100 $700,000 $457,100
2016 $10,923 $986,700 $600,000 $386,700
2015 $10,656 $986,700 $600,000 $386,700
2014 $10,646 $986,700 $600,000 $386,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Scott Hostutler

    Weichert Corporate

    (201) 470-0259

    1 in this area

    5 Total Sales

    Scott Hostutler
    Section Image
  • Pamela Krakowski

    Seller's Agent in 2019

    Pamela Krakowski

    G. Anderson Agency

    (609) 492-1277

    5 in this area

    10 Total Sales

    Pamela Krakowski
    Section Image
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Map

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

124 E 12th St, Ship Bottom, NJ

This home is located at 124 E 12th St, Ship Bottom, NJ 08008 and is currently estimated at $2,181,199, approximately $860 per square foot. 124 E 12th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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