NOT LISTED FOR SALE

Estimated Value: $696,000

1 Bed
1 Bath
324 Sq Ft
$150/mo HOA Fee

Last Sold March 18, 2024

Last sale price $401,000 $1,238 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,082/month

196 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Coastal Architecture
  • Breakfast Area or Nook
  • Open Floorplan
  • Furnished
  • Galley Kitchen

About This Home

As of March 2024

"Sea Breeze at Ship Bottom".... an outstanding opportunity for the right buyer. A tastefully appointed 1 bedroom studio condominium located Oceanblock just 2 houses from the Beach Entrance. Maple cabinets, granite countertops/new bath with ceramic tile floors / new ductless heat and air conditioning system.
You can hear the Ocean and smell the salt air.
$130/month condo fee includes master flood and homeowners insurance. It also includes a picnic area with tables, chairs and grill plus a quiet lounge area and a common laundry area and storage area.
Don't miss out on your own little piece of LBI !!!

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 08/03/2023

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Drew Guarino

(609) 354-2278 drew@guarinoteam.com RE/MAX at Barnegat Bay - Ship Bottom License #1968212

RE/MAX at Barnegat Bay - Ship Bottom

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1945

Lot Details

  • Building is oceanfront but unit may not have water views
  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Entry on the 1st floor
  • Wood Walls
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 324 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 29-00057-00007-C.2

Community Details

Overview

  • Association fees include all ground fee, high speed internet, insurance, laundry
  • 8 Units
  • Low-Rise Condominium
  • Ship Bottom Subdivision

Amenities

  • Picnic Area
  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,832

Year Built

Built in 1945

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Ranch/Rambler
  • Accessibility Features: 2+ Access Exits, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Remarks Public: "Sea Breeze at Ship Bottom".... an outstanding opportunity for the right buyer. A tastefully appointed 1 bedroom studio condominium located Oceanblock just 2 houses from the Beach Entrance. Maple cabinets, granite countertops/new bath with ceramic tile floors / new ductless heat and air conditioning system. You can hear the Ocean and smell the salt air. $130/month condo fee includes master flood and homeowners insurance. It also includes a picnic area with tables, chairs and grill plus a quiet lounge area and a common laundry area and storage area. Don't miss out on your own little piece of LBI !!!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Dining/Living, Floor Plan - Open, Kitchen - Efficiency, Kitchen - Galley
  • Wall Ceiling Types: Dry Wall, Wood Walls
  • Levels Count: 1
  • Room Count: 4
  • Basement: No
  • Total Sq Ft: 324
  • Living Area Sq Ft: 324
  • Price Per Sq Ft: 1293.21
  • Above Grade Finished Sq Ft: 324
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area
  • HOA Condo Co-Op Fee Includes: All Ground Fee, High Speed Internet, Insurance, Laundry
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R3

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2832.00
  • Assessor Parcel Number: 29-00057-00007-C.2
  • Tax Lot: 00007
  • Tax Year: 2022
  • Close Date: 03/18/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Mar 13, 2024
Sold by
Becker Alicia
Bought by
Kelman Patrick and Kelman Ruthann
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Drew Guarino
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$419,000
Sold Price
$401,000
Premium/Discount to List
-$18,000
-4.3%
Views
552
Current Estimated Value
$696,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,000
Avg. Annual Appreciation
43.73%
Original Mortgage
$101,000
Outstanding Balance
$99,421
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$596,579

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 28, 2021
Sold by
Crowe John A
Bought by
Becker Alicia
Seller's Agent
Richard Jones
G. Anderson Agency
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$329,900
Sold Price
$329,000
Premium/Discount to List
-$900
-0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$313,405
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
17Th Street At Ship Bottom L L C
Bought by
Crowe John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kelman Patrick $401,000 Surety Title
Kelman Patrick $401,000 Surety Title
Becker Alicia $329,900 University Title Ins Agcy
Becker Alicia $329,900 University Title
Crowe John A $219,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelman Patrick $101,000
Closed Kelman Patrick $101,000
Previous Owner Becker Alicia $313,405
Previous Owner Crowe John A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $401,000 -4.3% $1,238 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $419,000 +4.5% $1,293 / Sq Ft
11/01/2023 11/01/23 Off Market $401,000 -- --
08/03/2023 08/03/23 For Sale $419,000 +27.4% $1,293 / Sq Ft
05/04/2021 05/04/21 Sold $329,000 -0.3% $1,015 / Sq Ft
02/15/2021 02/15/21 For Sale $329,900 -- $1,018 / 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
2025 $3,074 $270,200 $201,600 $68,600
2024 $3,074 $270,200 $201,600 $68,600
2023 $2,833 $267,500 $201,600 $65,900
2022 $2,833 $267,500 $201,600 $65,900
2021 $2,819 $267,500 $201,600 $65,900
2020 $2,827 $267,500 $201,600 $65,900
2019 $2,830 $267,500 $201,600 $65,900
2018 $2,836 $267,500 $201,600 $65,900
2017 $2,651 $267,500 $201,600 $65,900
2016 $2,191 $197,900 $138,000 $59,900
2015 $2,137 $197,900 $138,000 $59,900
2014 $2,135 $197,900 $138,000 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2020260

Bright MLS

APN: 29-00057-0000-00007-0000-C.2