NOT LISTED FOR SALE

Estimated Value: $1,690,514 - $1,944,000

3 Beds
2 Baths
1,440 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $1,525,000 $1,059 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,376/month

Highlights

  • Ocean View
  • Open Floorplan
  • Contemporary Architecture
  • Building is oceanfront but unit may not have water views
  • Deck
  • Wood Flooring

About This Home

As of October 2022

3rd FROM THE BEACH READY FOR OCCUPANCY! Don't miss this opportunity to be 3rd house from the beach in a freshly maintained home! This home is not a rental and can be enjoyed right away. Found in the desirable southern end of Ship Bottom, this home is walking distance to the best that Ship Bottom has to offer, including Hartland Golf, Joe Pops Shore Bar, and Uncle Louie's Ice Cream!

This quaint oceanblock features 3 beds and 2 baths, freshly designed and renovated to accommodate the whole family. Unlike other raised ranch homes, this home features 2 stories, giving you plenty of room to spread out indoors. This home also features 2 decks off the front of the home to enjoy views of the ocean! Plenty of outdoor living in the back yard and for a pool. Don't miss this opportunity!

Last Agent to Sell the Property

Gavin Hodgson

(609) 618-0032 lbigavin@gmail.com Island Realty-Surf City License #1327744 Listed on: 08/18/2022

Last Buyer's Agent

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,760

Year Built

  • Built in 1991

Lot Details

  • 3,498 Sq Ft Lot
  • Lot Dimensions are 35.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Level Lot
  • Property is zoned R3

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Double Hung Windows
  • Sliding Doors
  • Ocean Views

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 29-00025-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,760

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: As per inventory
  • Home Warranty: No
  • Inclusions: As per inventory
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-08-18
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: 3rd FROM THE BEACH READY FOR OCCUPANCY! Don't miss this opportunity to be 3rd house from the beach in a freshly maintained home! This home is not a rental and can be enjoyed right away. Found in the desirable southern end of Ship Bottom, this home is walking distance to the best that Ship Bottom has to offer, including Hartland Golf, Joe Pops Shore Bar, and Uncle Louie's Ice Cream! This quaint oceanblock features 3 beds and 2 baths, freshly designed and renovated to accommodate the whole family. Unlike other raised ranch homes, this home features 2 stories, giving you plenty of room to spread out indoors. This home also features 2 decks off the front of the home to enjoy views of the ocean! Plenty of outdoor living in the back yard and for a pool. Don't miss this opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer
  • Flooring Type: Tile/Brick, Fully Carpeted, Wood
  • Interior Amenities: Floor Plan - Open, Primary Bath(s)
  • Window Features: Double Hung
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 7
  • Basement: No
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 971.53
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 129

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 227400.00
  • Land Assessed Value: 603800.00
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Dimensions: 35.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3498.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Year Assessed: 2021
  • Zoning: R3

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075684
  • Tax Annual Amount: 8760.00
  • Assessor Parcel Number: 29-00025-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/14/2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 6, 2022
Sold by
Lutz Martin J and Lutz Christa J
Bought by
Yoon-Chen Danielle
Seller's Agent
Gavin Hodgson
Island Realty-Surf City
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,399,000
Sold Price
$1,525,000
Premium/Discount to List
$126,000
9.01%
Views
24
Current Estimated Value
$1,799,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,629
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,220,000
Outstanding Balance
$1,167,197
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$632,432

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 1, 2019
Sold by
Kryda Charles J and Kryda Carol
Bought by
Lutz Martin
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Kevin Farnung
SERHANT. New Jersey LLC
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%
Original Mortgage
$484,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Yoon-Chen Danielle $1,525,000 First American Title
Yoon-Chen Danielle $1,525,000 First American Title
Lutz Martin $850,000 University Title Ins Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon-Chen Danielle $1,220,000
Closed Yoon-Chen Danielle $1,220,000
Previous Owner Lutz Martin $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,525,000 +9.0% $1,059 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $1,399,000 +64.6% $972 / Sq Ft
11/04/2019 11/04/19 Sold $850,000 -3.3% $567 / Sq Ft
08/16/2019 08/16/19 For Sale $879,000 0.0% $586 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $879,000 -- $586 / 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 $10,016 $831,200 $603,800 $227,400
2024 $9,550 $831,200 $603,800 $227,400
2023 $8,802 $831,200 $603,800 $227,400
2022 $8,802 $831,200 $603,800 $227,400
2021 $8,692 $824,700 $603,800 $220,900
2020 $8,717 $824,700 $603,800 $220,900
2019 $8,725 $824,700 $603,800 $220,900
2018 $8,742 $824,700 $603,800 $220,900
2017 $8,173 $824,700 $603,800 $220,900
2016 $7,295 $659,000 $483,000 $176,000
2015 $7,117 $659,000 $483,000 $176,000
2014 $7,111 $659,000 $483,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2012656

Bright MLS

APN: 29-00025-0000-00016