NOT LISTED FOR SALE

Estimated Value: $1,506,000 - $2,624,000

Studio
3 Baths
1,900 Sq Ft
$1,114/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2017

Last sale price $962,500 $507 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $12,588 / mo

141 Days on Market

Highlights

  • Water Views
  • Deck
  • Ceramic Tile Flooring
  • Oceanfront Bldg, View Varies
  • No HOA

About This Home

As of August 2017

ONE OFF THE OCEAN Duplex in Beach Haven Terrace. There are two 3 bedroom 1 bath units, with the 2nd floor offering wonderful ocean views. Both units have beautifully updated kitchens with quartz countertops and updated baths. FHA Gas Heat and Central A/C. Nice sized decks for enjoying the gorgeous views. This property has been a successful rental property for many years and currently brings in approximately $50K. There is room to improve these numbers as it is a fantastic location and LBI is becoming more popular than ever as a vacation destination. Washer and Dryer in the ground floor common area with plenty of room for storage. These opportunities do not come along often. Don't wait to see this one!

Last Agent to Sell the Property

Gina Laird

(609) 494-7000 glairdlbi@gmail.com RE/MAX of Long Beach Island License #0448467 Listed on: 02/16/2017

Last Buyer's Agent

Gina Laird

(609) 494-7000 glairdlbi@gmail.com RE/MAX of Long Beach Island License #0448467 Listed on: 02/16/2017

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,254

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 50x65
  • Oceanfront Bldg, View Varies

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Side-by-Side
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Water Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Additional Features

  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Beach Haven Terrace Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 18-00006-48-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,254

Year Built

Built in 1964

Lot Details

3,572 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Ceramic Tile, Laminated, Vinyl, Fully Carpeted
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Dirt Floor, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 525.79
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 100700.00
  • Land Assessed Value: 736400.00
  • Lot Dimensions: 50x65
  • Outdoor Living Structures: Deck(s)
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3021787
  • Tax Annual Amount: 8254.00
  • Assessor Parcel Number: 18-00006-48-00015
  • Tax Lot: 15
  • Tax Year: 2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Aug 21, 2017
Sold by
Smith Alan M and Smith Brian F
Bought by
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Gina Laird
RE/MAX of Long Beach Island
List Price
$1,079,000
Sold Price
$962,500
Premium/Discount to List
-$116,500
-10.8%
Current Estimated Value
$2,115,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,153,476
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Jan 22, 2009
Sold by
Smith Snyder Cecilia
Bought by
Smith Brian F and Smith Alan M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$962,500 --
Smith Brian F -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $680,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $962,500 -10.8% $507 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $1,079,000 -- $568 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,958 $1,200,200 $1,026,700 $173,500
2025 $10,958 $1,200,200 $1,026,700 $173,500
2024 $10,646 $1,200,200 $1,026,700 $173,500
2023 $9,986 $1,200,200 $1,026,700 $173,500
2022 $9,986 $1,200,200 $1,026,700 $173,500
2021 $9,674 $1,200,200 $1,026,700 $173,500
2020 $8,644 $869,600 $768,900 $100,700
2019 $8,722 $869,600 $768,900 $100,700
2018 $8,461 $869,600 $768,900 $100,700
2017 $8,187 $837,100 $736,400 $100,700
2016 $8,254 $837,100 $736,400 $100,700
2015 $8,245 $837,100 $736,400 $100,700
2014 $8,045 $837,100 $736,400 $100,700
Source: Public Records

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Map

Source: Bright MLS

MLS Number: NJOC171946

Bright MLS

APN: 18-00006-48-00015

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