NOT LISTED FOR SALE

Estimated Value: $1,111,458 - $1,411,000

2 Beds
1 Bath
962 Sq Ft
$1,320/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $592,000 $615 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,510/month

30 Days on Market

Highlights

  • Ocean View
  • Deck
  • Breakfast Area or Nook
  • Oceanside
  • No HOA
  • 3-minute walk to Bay View Park

About This Home

As of May 2016

Located 2nd off the oceanfront on a 40x100 buildable lot in Ship bottom, this 1 story ranch is a perfect starter home. If you've been dreaming of your own affordable piece of LBI - the wait is over - invest in your future! This first-time listed 2 bedroom/1bath beach bungalow is ready for a new family to make memories at the shore. There are 2 sitting areas - the enclosed front porch area and a large living room added in the early 80's in the rear of the house which has hardwood floors and a woodburning fireplace. The house has forced air gas heat and central air so it can be used year round. Outside you'll find a large deck, outside enclosed shower, detached garage, plenty of parking and even a rooftop deck for a peak of the ocean. GREAT VALUE - GREAT LOCATION - Asking $649,000

Last Agent to Sell the Property

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 03/02/2016

Last Buyer's Agent

Walter Dombrowski

SERHANT. New Jersey LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,739

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40x100
  • Level Lot
  • The property's topography is level
  • Property is zoned R3, R3

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 962 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Hung Windows
  • Window Screens
  • Ocean Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck

Location

  • Flood Risk

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 29-00030-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,739

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1920
  • Remarks Public: Located 2nd off the oceanfront on a 40x100 buildable lot in Ship bottom, this 1 story ranch is a perfect starter home. If you've been dreaming of your own affordable piece of LBI - the wait is over - invest in your future! This first-time listed 2 bedroom/1bath beach bungalow is ready for a new family to make memories at the shore. There are 2 sitting areas - the enclosed front porch area and a large living room added in the early 80's in the rear of the house which has hardwood floors and a woodburning fireplace. The house has forced air gas heat and central air so it can be used year round. Outside you'll find a large deck, outside enclosed shower, detached garage, plenty of parking and even a rooftop deck for a peak of the ocean. GREAT VALUE - GREAT LOCATION - Asking $649,000
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s)
  • Window Features: Double Hung, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 962
  • Living Area Sq Ft: 962
  • Price Per Sq Ft: 674.64
  • Above Grade Finished Sq Ft: 962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 134

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • 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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 74500.00
  • Land Assessed Value: 480000.00
  • Lot Features: Level
  • Lot Dimensions: 40x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R3
  • Zoning Description: R3

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075742
  • Tax Annual Amount: 5739.00
  • Assessor Parcel Number: 29-00030-0000-00004
  • Tax Lot: 4
  • Tax Year: 2015
  • Close Date: 05/12/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Franceschino John and Topping Gloria
Bought by
Topping Christine and Otten Christopher
Current Estimated Value
$1,255,117

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 12, 2016
Sold by
Hutchison Trust
Bought by
Franceschino John
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Walter Dombrowski
SERHANT. New Jersey LLC
List Price
$649,000
Sold Price
$592,000
Premium/Discount to List
-$57,000
-8.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Cramer Mitchell B
Bought by
Cramer Mitchell B and Broadhead Charlotte Yvonne

Purchase Details

Closed on
Feb 8, 2000
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
Topping Christine -- None Listed On Document
Franceschino John $592,000 --
Cramer Mitchell B -- None Available
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $592,000 -8.8% $615 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $649,000 -- $675 / 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
2024 $7,658 $666,500 $600,000 $66,500
2023 $7,058 $666,500 $600,000 $66,500
2022 $7,058 $666,500 $600,000 $66,500
2021 $7,025 $666,500 $600,000 $66,500
2020 $7,045 $666,500 $600,000 $66,500
2019 $7,052 $666,500 $600,000 $66,500
2018 $7,315 $690,100 $600,000 $90,100
2017 $6,839 $690,100 $600,000 $90,100
2016 $6,138 $554,500 $480,000 $74,500
2015 $5,739 $554,500 $480,000 $74,500
2014 $5,733 $554,500 $480,000 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC186520

Bright MLS

APN: 29-00030-0000-00004