NOT LISTED FOR SALE

Estimated Value: $2,461,000 - $2,991,000

4 Beds
2.5 Baths
2,488 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,900,000 $764 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,140/month

Highlights

  • Ocean View
  • Public Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Public Beach
  • Building is oceanfront but unit may not have water views

About This Home

As of February 2022

First Time Listed! Oceanblock "B" home in Loveladies just 4th off the beachfront with bay and ocean views! Huge Great Room with cathedral ceilings includes a spacious kitchen with both Island and Peninsula bars for entertaining a crowd. 4 roomy bedrooms can sleep 10-12 plus 2 1/2 baths and a very large Family Room. A gas fireplace graces the Great Room and an electric fireplace adds ambiance in the Family room. The 4-car garage also serves as a workshop, and the wide paver driveway adds plenty of additional parking. The "double-wide" lane also affords a wonderful open feeling out front, while the spacious rear yard - which could support a pool, outdoor kitchen and more -- backs up to the "woods" of the tract to the south for privacy. Original owners reside here year round so although it's never been rented it would rent well. Flood insurance $497/year. More photos coming. Appointment required. Owner will provide Buyer with a credit for incomplete exterior painting.

Last Agent to Sell the Property

Steve Sepanak

(609) 290-1694 steveonlbi@att.net Sand Dollar Real Estate Listed on: 10/09/2021

Last Buyer's Agent

Elaine Williams

(609) 618-2167 jenniferln1203@aol.com Island Realty-Surf City

Island Realty-Surf City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,996

Year Built

  • Built in 1996

Lot Details

  • 10,375 Sq Ft Lot
  • Lot Dimensions are 125.00 x 83.00
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • North Facing Home
  • Extensive Hardscape
  • No Through Street
  • Level Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R10

Parking

  • 4 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 2,488 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Window Treatments
  • Casement Windows
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views
  • Flood Lights

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00001 02
  • Assessor Parcel Number 18-00020 121-00001 02

Community Details

Overview

  • No Home Owners Association
  • Loveladies Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,996

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Reverse
  • Ownership: Fee Simple
  • Exclusions: personal items, wall decor and photos, some furnishings
  • Inclusions: Partially Furnished per inventory to be provided
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-09
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Remarks Public: First Time Listed! Oceanblock "B" home in Loveladies just 4th off the beachfront with bay and ocean views! Huge Great Room with cathedral ceilings includes a spacious kitchen with both Island and Peninsula bars for entertaining a crowd. 4 roomy bedrooms can sleep 10-12 plus 2 1/2 baths and a very large Family Room. A gas fireplace graces the Great Room and an electric fireplace adds ambiance in the Family room. The 4-car garage also serves as a workshop, and the wide paver driveway adds plenty of additional parking. The "double-wide" lane also affords a wonderful open feeling out front, while the spacious rear yard - which could support a pool, outdoor kitchen and more -- backs up to the "woods" of the tract to the south for privacy. Original owners reside here year round so although it's never been rented it would rent well. Flood insurance $497/year. More photos coming. Appointment required. Owner will provide Buyer with a credit for incomplete exterior painting.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Trash Compactor
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Upgraded Countertops, Tub Shower, Walk-In Closet(s), Window Treatments, Wet/Dry Bar
  • Window Features: Casement
  • Fireplace Features: Gas/Propane, Electric
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Cathedral Ceilings, Wood Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bedroom 1, Great Room, Bathroom 1, Bathroom 2, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2488
  • Living Area Sq Ft: 2488
  • Price Per Sq Ft: 803.46
  • Above Grade Finished Sq Ft: 2488
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125B

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Flood Lights, Outside Shower, Extensive Hardscape
  • View: Ocean
  • Water Access Features: Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 464300.00
  • Land Assessed Value: 900000.00
  • Lot Features: Level, Backs To Trees, No Thru Street
  • Lot Size Acres: 0.24
  • Lot Dimensions: 125.00 x 83.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10375.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R10

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3027187
  • Tax Annual Amount: 10996.00
  • Assessor Parcel Number: 18-00020 121-00001 02
  • Tax Lot: 00001 02
  • Tax Total Finished Sq Ft: 2488
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/25/2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Feb 9, 2022
Sold by
Richard Kolbe
Bought by
Kolbe Richard and Kolbe Margaret
Seller's Agent
Steve Sepanak
Sand Dollar Real Estate
Buyer's Agent
Elaine Williams
Island Realty-Surf City
List Price
$2,199,000
Sold Price
$1,900,000
Premium/Discount to List
-$299,000
-13.6%
Current Estimated Value
$2,668,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,170
Avg. Annual Appreciation
9.78%

Purchase Details

Listed on
Oct 9, 2021
Closed on
Feb 4, 2022
Sold by
Kolbe Richard J and Kolbe Margaret A
Bought by
Jacobs Marc and Jacobs Dianne
Seller's Agent
Steve Sepanak
Sand Dollar Real Estate
Buyer's Agent
Elaine Williams
Island Realty-Surf City
List Price
$2,199,000
Sold Price
$1,900,000
Premium/Discount to List
-$299,000
-13.6%

Purchase Details

Closed on
Dec 24, 1998
Sold by
Maddalena Louis J and Maddalena Joan M
Bought by
Kolbe Richard J and Kolbe Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 19, 1995
Sold by
Wallis Wachs
Bought by
Ziman Gary and Ziman Jill
Source: Public Records

Range of Values:

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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
Kolbe Richard -- Afrm Title & Abstract
Jacobs Marc $1,900,000 First Legacy Group Title & Abs
Jacobs Marc $1,900,000 First Legacy Group Title & Abs
Kolbe Richard J $575,000 New Jersey Title Insurance C
Ziman Gary $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kolbe Richard J $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $1,900,000 -5.0% $764 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $1,999,000 -9.1% $803 / Sq Ft
10/09/2021 10/09/21 For Sale $2,199,000 -- $884 / 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 $12,428 $1,391,700 $900,000 $491,700
2024 $12,125 $1,391,700 $900,000 $491,700
2023 $11,351 $1,367,000 $900,000 $467,000
2022 $11,351 $1,364,300 $900,000 $464,300
2021 $9,946 $1,364,300 $900,000 $464,300
2020 $12,821 $1,289,800 $840,000 $449,800
2019 $12,937 $1,289,800 $840,000 $449,800
2018 $12,550 $1,289,800 $840,000 $449,800
2017 $12,614 $1,289,800 $840,000 $449,800
2016 $12,717 $1,289,800 $840,000 $449,800
2015 $12,705 $1,289,800 $840,000 $449,800
2014 $12,395 $1,289,800 $840,000 $449,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2003570

Bright MLS

APN: 18-00020-121-00001-02