NOT LISTED FOR SALE

Estimated Value: $578,457

3 Beds
2 Baths
1,408 Sq Ft
$411/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $320,000 $227 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,803/month

110 Days on Market

Highlights

  • Water Views
  • Parking available for a boat
  • Property near a lagoon
  • Docks
  • Home fronts a lagoon or estuary
  • Deck

About This Home

As of June 2020

Terrific Osborn Island waterfront Raised Rancher with 3 bedrooms and 2 full tiled baths. This totally renovated and raised home located on a protected lagoon boasts waterviews from most every room with a totally open floor plan and generously sized rooms. Some of the many features and amenities include new kitchen with granite counters & full SS appliance package; recessed lighting; new flooring; ceiling fans w/lights; Andersen windows & french doors; full master suite; 1 car attached garage with direct entry; and oversized detached garage . Enjoy an active waterfront lifestyle on the new vinyl deck, vinyl bulkhead and floating dock just moments to the open bay. Convenient to all area shopping, restaurants, Atlantic City & the best beaches on LBI. Start your family memories today!

Last Agent to Sell the Property

Kenneth Nilson

RE/MAX at Barnegat Bay License #8333571 Listed on: 04/20/2020

RE/MAX at Barnegat Bay

Last Buyer's Agent

Bridgit Romano

Berkshire Hathaway HomeServices Zack Shore Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,098

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 93 x 112
  • Home fronts a lagoon or estuary
  • Fenced
  • Irregular Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Circular Driveway
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Raised Ranch Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Thermal Windows
  • Insulated Windows
  • Window Screens
  • French Doors
  • Linoleum Flooring
  • Water Views
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Property near a lagoon
  • Docks
  • Deck

Schools

  • Pinelands Regional High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Osborn Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-00326-216-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,098

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Irregular Lot, Lagoon
  • Inclusions: Ceiling Fan(s), Dishwasher, Microwave, Self/Con Clean, Stove, Refrigerator, Screens
  • Subdivision Name: Osborn Island
  • Architectural Style: Detached, Raised Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, French Doors, Recessed Lighting
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1978
  • Contract Info List PriceSqFt: 237.93
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 93 x 112
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Irregular Lot: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Included SelfCon Clean: Yes
  • Garage Oversized: Yes
  • Exterior Dock: Yes
  • GreatFamily Room Floor - LinoleumVinyl5: Yes
  • GreatFamily Room French Doors4: Yes
  • Allowable Boats: Yes
  • Parking Circular Driveway: Yes
  • Style Raised Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - LinoleumVinyl6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exterior Features: Deck, Dock, Storm Door(s), Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Paved, Off Street, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 93 x 112
  • Parcel #: 17-00326-216-00001
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7098.0

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jun 25, 2020
Sold by
Pearsall Michelle
Bought by
Monforte Joseph
Seller's Agent
Kenneth Nilson
RE/MAX at Barnegat Bay
Buyer's Agent
Bridgit Romano
Berkshire Hathaway HomeServices Zack Shore Realtors
List Price
$347,000
Sold Price
$320,000
Premium/Discount to List
-$27,000
-7.78%
Current Estimated Value
$578,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,457
Avg. Annual Appreciation
11.56%
Original Mortgage
$288,000
Outstanding Balance
$255,379
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$323,078

Purchase Details

Closed on
Aug 19, 2019
Sold by
Davis Mary Ann
Bought by
Brennan James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2010
Sold by
Nasti Kelley J and Nasti Michael R
Bought by
Monforte Joseph and Monforte Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1999
Sold by
Azagra Mary V
Bought by
Maganuco Salvatore and Maganuco Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monforte Joseph $320,000 Surety Ttl Agcy Coastal Regi
Brennan James P $230,000 City Abstract Llc
Monforte Joseph $330,000 North American Title Agency
Maganuco Salvatore $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monforte Joseph $288,000
Previous Owner Brennan James P $184,000
Previous Owner Monforte Joseph $260,000
Previous Owner Maganuco Salvatore $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $320,000 -4.5% $227 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $335,000 -3.5% $238 / Sq Ft
01/22/2020 01/22/20 For Sale $347,000 -- $246 / Sq Ft
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 $9,065 $307,700 $151,300 $156,400
2024 $8,693 $307,700 $151,300 $156,400
2023 $8,419 $307,700 $151,300 $156,400
2022 $8,419 $307,700 $151,300 $156,400
2021 $7,902 $307,700 $151,300 $156,400
2020 $7,374 $279,100 $151,300 $127,800
2019 $7,098 $279,100 $151,300 $127,800
2018 $0 $279,100 $151,300 $127,800
2017 -- $279,100 $151,300 $127,800
2016 -- $279,100 $151,300 $127,800
2015 -- $279,100 $151,300 $127,800
2014 $7,286 $230,000 $215,600 $14,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21947673

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00326-216-00001