NOT LISTED FOR SALE

Estimated Value: $2,390,000 - $2,599,179

2 Beds
1.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $999,000

Est. 154% increase in value since last sale

Current estimated payment $14,425/month

6 Days on Market

Highlights

  • Oceanside
  • No HOA
  • Covered Patio or Porch
  • Raised Ranch Architecture
  • Den
  • Shed

About This Home

As of August 2022

Located on the oceanside just a short walk to the beach, this adorable 2/3 bedroom, 1.5 bath beach house is the perfect LBI starter home. With just the right amount of space offered in this expanded ranch, the floor plan is both practical and convenient. The home has been well maintained and lovingly used throughout the years and has never been a rental property. A charming living room sits front and center while two comfortable bedrooms and a full hall bathroom are set off of the gathering space. The no-fuss kitchen lends way to a laundry area with access to the side yard. Set to the rear of the home is an oversized flex room with a powder room that can easily be converted to a third bedroom if desired. Located on the oceanside just a short walk to the beach, this adorable 2/3 bedroom, 1.5 bath beach house is the perfect LBI starter home. With just the right amount of space offered in this expanded ranch, the floor plan is both practical and convenient. The home has been well maintained and lovingly used throughout the years and has never been a rental property. A charming living room sits front and center while two comfortable bedrooms and a full hall bathroom are set off of the gathering space. The no-fuss kitchen lends way to a laundry area with access to the side yard. Set to the rear of the home is an oversized flex room with a powder room that can easily be converted to a third bedroom if desired.The sizable side yard is perfect for outdoor grilling, dining, and lounging making the outdoor space easy to enjoy. The central location of this home to restaurants, bars, and conveniences makes this a great place to park your car and walk or bike to all the area has to offer.

Last Agent to Sell the Property

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113 Listed on: 05/13/2022

Berkshire Hathaway HomeServices Zack Shore Realtors

Last Buyer's Agent

Joseph Mancini

Mancini Realty Co. Inc. License #7855144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,561

Year Built

  • Built in 1951

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50 x 71
  • Fenced

Home Design

  • Raised Ranch Architecture
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Den
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Oceanside
  • Covered Patio or Porch
  • Shed

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-00006-47-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,561

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Inclusions: Washer, Dishwasher, Dryer, Electric Cooking, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Raised Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, Den
  • New Construction: No
  • Year Built: 1951
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.08
  • General Property Info Lot Dimensions: 50 x 71
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Style Raised Ranch: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Fence, Porch - Open, Shed, Storm Door(s), Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 71
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 18-00006-47-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Mancini Custom Homes Inc
Bought by
Gossett Barry and Gossett Darlene
Current Estimated Value
$2,538,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$180,487
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$2,358,058

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 1, 2022
Sold by
Nicolosi Guy D and Nicolosi Maureen
Bought by
Mancini Custom Homes Inc
Seller's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
Joseph Mancini
Mancini Realty Co. Inc.
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.35%

Purchase Details

Closed on
May 21, 1998
Sold by
Racusin Warren K and Racusin Carolyn K
Bought by
Nicolosi Guy D and Nicolosi Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.05%
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
Gossett Barry $2,300,000 Evident Title Agency
Gossett Barry $2,300,000 Evident Title Agency
Mancini Custom Homes Inc $999,000 Chicago Title
Mancini Custom Homes Inc $999,000 Chicago Title
Nicolosi Guy D $149,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gossett Barry $210,000
Closed Gossett Barry $210,000
Previous Owner Nicolosi Guy D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $999,000 0.0% --
05/13/2022 05/13/22 For Sale $999,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $13,651 $1,528,700 $607,500 $921,200
2024 $13,560 $1,528,700 $607,500 $921,200
2023 $5,741 $607,500 $607,500 $0
2022 $5,741 $690,000 $607,500 $82,500
2021 $5,561 $690,000 $607,500 $82,500
2020 $5,227 $525,900 $485,000 $40,900
2019 $5,275 $525,900 $485,000 $40,900
2018 $5,117 $525,900 $485,000 $40,900
2017 $5,143 $525,900 $485,000 $40,900
2016 $5,185 $525,900 $485,000 $40,900
2015 $5,180 $525,900 $485,000 $40,900
2014 $4,929 $512,900 $485,000 $27,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22213756

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00006-47-00003