NOT LISTED FOR SALE

Estimated Value: $237,052

0.12 Acre
$2,061,322 Price per Acre
5,009 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $190,000

Est. 25% increase in value since last sale

Current estimated payment $1,440/month

85 Days on Market

Highlights

  • Water Views
  • Property near a lagoon
  • Level Lot
  • Home fronts a lagoon or estuary
  • Cul-De-Sac

About This Lot

As of April 2022

Coastal buildable waterfront lot located on a cul-de-sac. Excellent location on Mystic Island with short easy access to the Great Bay with no bridges to go under. Enjoy all of the amenities that the Lagoon Life has to offer including boating, fishing, crabbing, the list goes on. Convenient to all area shopping, restaurants, recreation, transportation GSP Exits 58 . Conveniently located between Atlantic City and LBI and the best part are the views from this lot. Views of the Great Bay and 7 bridges. Adjacent buildable lot is also available for sale. Don't pass this one by.......

Last Agent to Sell the Property

ALICIA RIBECA

Ashton Realty License #7802605 Listed on: 01/20/2022

Last Buyer's Agent

James Mullaney

Weichert Realtors-Ship Bottom License #1973151

Weichert Realtors-Ship Bottom

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,286

Lot Details

  • Lot Dimensions are 50x100
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Outdoor Features

  • Property near a lagoon
  • Electricity Available at Street
  • Bulkhead

Schools

  • Pinelands Regional High School

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Exclusions: Buyer assumes dredging assessment.
  • Assessor Parcel Number 17-00324-0000-00004

Property Details

Property Type

Land

Est. Annual Taxes

$2,286

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Dead End Street, Lagoon, Level
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 50x100
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Lot Description Cul-De-Sac: Yes
  • Water Type Bulkhead: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Buyer assumes dredging assessment.

Lot Info

  • Lot Dimensions: 50x100
  • Parcel #: 17-00324-0000-00004
  • Zoning Description: Residential, Neighborhood

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Apr 26, 2022
Sold by
Morris Thompson Jr John
Bought by
Lynch William T and Lynch Maureen R
Seller's Agent
ALICIA RIBECA
Ashton Realty
Buyer's Agent
James Mullaney
Weichert Realtors-Ship Bottom
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$237,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,052
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 26, 2020
Sold by
Fishman Michael and Fishman Lisa
Bought by
Thompson John Morris
Seller's Agent
Kim Hanadel
Keller Williams Atlantic Shore
Buyer's Agent
Alicia Ribeca
Weichert Realtors
List Price
$101,000
Sold Price
$105,000
Premium/Discount to List
$4,000
3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.03%

Purchase Details

Closed on
Jan 22, 2009
Sold by
Kelly Michael P
Bought by
Fishman Michael

Purchase Details

Closed on
Jul 3, 2008
Sold by
Kelly Michael P
Bought by
Kelly Michael P

Purchase Details

Closed on
Jun 12, 2008
Sold by
Bem Enterprises Inc
Bought by
Kelly Michael P

Purchase Details

Closed on
Aug 15, 2005
Sold by
Esola Denise and Daly Denise
Bought by
Bem Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1999
Sold by
Schaefer Charles
Bought by
Daly Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
7.65%
Mortgage Type
Seller Take Back
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
Lynch William T $190,000 Privetera Lora
Redacted Upon Request $190,000 Privetera Lora
Thompson John Morris $105,000 City Abstract
Fishman Michael $135,000 North American Title Agency
Kelly Michael P -- Fidelity Natl Title Ins Co
Kelly Michael P $150,000 Fidelity Natl Title Ins Co
Bem Enterprises Inc $238,000 --
Daly Denise $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bem Enterprises Inc $178,500
Previous Owner Daly Denise $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $190,000 -4.5% --
01/19/2022 01/19/22 For Sale $199,000 +89.5% --
06/26/2020 06/26/20 Sold $105,000 0.0% -- View Prior Sale
06/26/2020 06/26/20 Sold $105,000 -5.4% -- View Prior Sale
06/09/2020 06/09/20 Pending -- -- --
06/08/2020 06/08/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $111,000 0.0% --
05/26/2020 05/26/20 Price Changed $111,000 +9.9% --
05/01/2020 05/01/20 For Sale $101,000 0.0% --
05/01/2020 05/01/20 For Sale $101,000 -3.8% --
04/30/2020 04/30/20 Off Market $105,000 -- --
11/04/2019 11/04/19 Price Changed $101,000 -3.7% --
04/30/2019 04/30/19 For Sale $104,900 -- --
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 $2,286 $77,600 $77,600 --
2024 $2,192 $77,600 $77,600 $0
2023 $2,123 $77,600 $77,600 $0
2022 $2,123 $77,600 $77,600 $0
2021 $2,088 $77,600 $77,600 $0
2020 $2,050 $77,600 $77,600 $0
2019 $1,979 $77,600 $77,600 $0
2018 $1,867 $77,600 $77,600 $0
2017 $1,844 $77,600 $77,600 $0
2016 $1,855 $77,600 $77,600 $0
2015 $1,877 $77,600 $77,600 $0
2014 $2,066 $108,000 $108,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22201542

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00324-0000-00004