NOT LISTED FOR SALE

Estimated Value: $609,699 - $771,000

3 Beds
2.5 Baths
1,923 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $125,000 $65 Per Sq Ft

Est. 433% increase in value since last sale

Current estimated payment $4,370/month

197 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Canal View
  • Rambler Architecture
  • Home fronts a lagoon or estuary
  • Deck
  • No HOA

About This Home

As of August 2016

Here is your opportunity to purchase a lagoon front property on a double lot. 100 feet of water frontage. The house was damaged during Superstorm Sandy and is being sold in its as is condition, but the value is definitely in the land. It is located on a wide lagoon in close proximity to the bay. The house has been gutted. You can either repair the existing house or tear down and build your dream home. There is no letter of substantial damage.

Last Agent to Sell the Property

Sherry Price

Red Top Rlty Listed on: 11/30/2015

Last Buyer's Agent

Jillian Hommel

BHHS Zack Shore REALTORS

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 100x100
  • Home fronts a lagoon or estuary
  • 100 Feet of Waterfront
  • Level Lot
  • The property's topography is level
  • Property is zoned R-50, R-50

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof

Interior Spaces

  • 1,923 Sq Ft Home
  • Property has 1 Level
  • Brick Fireplace
  • Canal Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Water Access
  • Bulkhead
  • Deck

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • Mystic Island Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 17-00325-106-00036

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,963

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: Here is your opportunity to purchase a lagoon front property on a double lot. 100 feet of water frontage. The house was damaged during Superstorm Sandy and is being sold in its as is condition, but the value is definitely in the land. It is located on a wide lagoon in close proximity to the bay. The house has been gutted. You can either repair the existing house or tear down and build your dream home. There is no letter of substantial damage.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entry Level Bedroom
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 7
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1923
  • Living Area Sq Ft: 1923
  • Price Per Sq Ft: 75.35
  • Above Grade Finished Sq Ft: 1923
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • View: Water, Canal
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PINELANDS REGIONAL SCHOOLS
  • School District Key: 300200396375

Lot Info

  • Improvement Assessed Value: 146500.00
  • Land Assessed Value: 100000.00
  • Lot Features: Bulkheaded, Level
  • Lot Dimensions: 100x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3015731
  • Tax Annual Amount: 5963.00
  • Assessor Parcel Number: 17-00325-106-00036
  • Tax Lot: 36
  • Tax Year: 2015
  • Close Date: 08/04/2016

MLS Schools

  • School District Name: PINELANDS REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2018
Sold by
Quinlan James P
Bought by
Quinlan James P and Quinlan Janice M
Current Estimated Value
$666,425

Purchase Details

Listed on
Nov 30, 2015
Closed on
Aug 4, 2016
Sold by
Paldino David
Bought by
Quinlan James P
Seller's Agent
Sherry Price
Red Top Rlty
Buyer's Agent
Jillian Hommel
BHHS Zack Shore REALTORS
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%

Purchase Details

Closed on
Nov 10, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Paldino David

Purchase Details

Closed on
Jul 13, 2015
Sold by
Contrino George and Contrino Susan
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 25, 2006
Sold by
Muscle Robert M and Muscle Carole
Bought by
Contrino George and Contrino Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Quinlan James P -- None Available
Quinlan James P $125,000 First American Title
Paldino David $91,000 --
Deutsche Bank National Trust Co -- Attorney
Contrino George $475,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contrino George $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2016 08/04/16 Sold $125,000 -16.6% $65 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $149,900 -- $78 / 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 $8,947 $303,700 $100,000 $203,700
2024 $8,580 $303,700 $100,000 $203,700
2023 $8,309 $303,700 $100,000 $203,700
2022 $8,309 $303,700 $100,000 $203,700
2021 $8,173 $303,700 $100,000 $203,700
2020 $8,024 $303,700 $100,000 $203,700
2019 $7,938 $311,300 $103,300 $208,000
2018 $2,485 $103,300 $103,300 $0
2017 $2,454 $103,300 $103,300 $0
2016 $5,894 $246,500 $100,000 $146,500
2015 $5,963 $246,500 $100,000 $146,500
2014 $6,690 $349,700 $187,500 $162,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC189774

Bright MLS

APN: 17-00325-106-00036