NOT LISTED FOR SALE

126 E 18th St Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,806,000 - $1,991,000

Studio
2 Baths
2,562 Sq Ft
$734/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $750,000 $293 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $10,419/month

348 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Partially Fenced Property
  • Oceanside
  • Outdoor Shower
  • Level Lot

About This Home

As of December 2012

An unbelievable LBI Opportunity!!! Oceanside, 3rd from the beach, triplex featuring an "owners suite" with 4 bed, 2 baths, decking and waterviews. Also boasts two... 2 bedroom 1 bath units with a great rental history. Great location and perfect to have your vacation home and generate income or have this home as an investment and have it virtually pay for itself. This home is worth a look...see it today.

Last Agent to Sell the Property

William Darby

(609) 494-6000 wdarby@weichertrealtors.net Weichert Realtors - Ship Bottom License #8932710 Listed on: 08/13/2011

Weichert Realtors - Ship Bottom

Last Buyer's Agent

Kevin Bergin

(609) 494-2800 michele.zyska@serhant.com SERHANT. New Jersey LLC License #0343688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,524

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 40x100
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,562 Sq Ft Home
  • Partially Furnished
  • Wall to Wall Carpet
  • Ocean Views
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Outdoor Features

  • Outdoor Shower
  • Oceanside

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • 3 Units
  • 2-Story Building
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2900056000000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,524

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Appliances: Stove, Dishwasher, Refrigerator
  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2562
  • Living Area Sq Ft: 2562
  • Price Per Sq Ft: 308.31
  • Above Grade Finished Sq Ft: 2562
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 196800.00
  • Land Assessed Value: 480000.00
  • Lot Features: Level
  • Lot Dimensions: 40x100
  • Topography: Level
  • Zoning: MULTI
  • Zoning Description: multi

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6524.35
  • Assessor Parcel Number: 2900056000000005
  • Tax Lot: 5
  • Tax Year: 2010

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Mele and Lori
Bought by
Kim Henry and Rhee Eun Kyung
Current Estimated Value
$1,879,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$826,481
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,053,021

Purchase Details

Closed on
May 24, 2019
Sold by
Mele Kyle and Mele Lori
Bought by
Mele Kyle and Mele Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2011
Closed on
Dec 28, 2012
Sold by
Mele Phyllis A
Bought by
Mele Kyle
Seller's Agent
William Darby
Weichert Realtors - Ship Bottom
Buyer's Agent
Kevin Bergin
SERHANT. New Jersey LLC
List Price
$789,900
Sold Price
$750,000
Premium/Discount to List
-$39,900
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Henry $1,625,000 Surety Title
Redacted Upon Request $1,625,000 Surety Title
Mele Kyle -- Ravenswood Title Company Llc
Mele Kyle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $870,000
Closed Redacted Upon Request $870,000
Previous Owner Mele Kyle $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $750,000 -5.1% $293 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
08/13/2011 08/13/11 For Sale $789,900 -- $308 / Sq Ft
Source: Bright MLS

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 $7,786 $871,900 $752,400 $119,500
2024 $7,734 $871,900 $752,400 $119,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    William Darby

    Weichert Corporate

    (609) 494-6000

    8 in this area

    27 Total Sales

    William Darby
    Section Image
  • Kevin Bergin

    Buyer's Agent in 2012

    Kevin Bergin

    SERHANT. New Jersey LLC

    (609) 709-7356

    16 in this area

    17 Total Sales

    Kevin Bergin
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC220298

Bright MLS

APN: 18-00004-31-00016

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

126 E 18th St, Long Beach Township, NJ

Not Listed for Sale

MultiFamily

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