NOT LISTED FOR SALE

Estimated Value: $1,622,214 - $1,928,000

4 Beds
3 Baths
1,776 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold October 09, 2013

Last sale price $765,000 $431 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $10,893/month

184 Days on Market

Highlights

  • Oceanside
  • Open Floorplan
  • Contemporary Architecture
  • Bay View
  • Deck
  • No HOA

About This Home

As of October 2013

PRICE REDUCED! This 4 BDR, 3 bath contemporary house is only five from the beach entrance in the desirable Brant Beach section of Long Beach Island.Master suite features sitting room and private deck. While up stairs opens up in a spacious common area with a breakfast bar between kitchen and dining room. There is an upstairs deck with stairs leading to a roof deck with partial water views.

Last Listed By

Theresa Jensen

Mary Allen Realty, Inc. Listed on: 01/15/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,448

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 40 x75
  • Property is zoned R-50, R-50

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,776 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2.03
  • Assessor Parcel Number 18000150130000020003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,448

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Cooktop, Washer, Stove, Oven/Range - Electric, Dishwasher, Built-In Microwave
  • Flooring Type: Vinyl, Fully Carpeted, Tile/Brick
  • Interior Amenities: Window Treatments, Floor Plan - Open, Ceiling Fan(s), Breakfast Area, Master Bath(s), Tub Shower, Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Efficiency (Additional), Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1776
  • Price Per Sq Ft: 449.89
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower, Bbq Grill
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 293400.00
  • Land Assessed Value: 476000.00
  • Lot Dimensions: 40 X75
  • Outdoor Living Structures: Deck(s)
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3025815
  • Tax Annual Amount: 6447.57
  • Assessor Parcel Number: 18000150130000020003
  • Tax Lot: 2.03
  • Tax Year: 2010
  • Close Date: 10/09/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2013
Closed on
Oct 9, 2013
Sold by
Gruffi Douglas P and Gruffi Kimberly Lynn
Bought by
Malvasio Joseph D and Malvasio Charlotte
Seller's Agent
Theresa Jensen
Mary Allen Realty, Inc.
Buyer's Agent
Arne Craven
The Van Dyk Group - Long Beach Island
List Price
$889,000
Sold Price
$765,000
Premium/Discount to List
-$124,000
-13.95%
Total Days on Market
184
Current Estimated Value
$1,823,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,058,804
Original Mortgage
$573,750
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2000
Sold by
Loffredo Anthony
Bought by
Gruffi Douglas and Gruffi Kimberly Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
8.26%

Purchase Details

Closed on
Apr 22, 1998
Sold by
Carroccio Robert and Carroccio Joanne F
Bought by
Loffredo Anthony and Loffredo Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.7%

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
Malvasio Joseph D $765,000 None Available
Gruffi Douglas $442,500 --
Loffredo Anthony $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malvasio Joseph D $640,995
Closed Malvasio Joseph D $681,000
Closed Malvasio Joseph D $573,750
Previous Owner Gruffi Douglas P $417,000
Previous Owner Gruffi Douglas $292,500
Previous Owner Loffredo Anthony $150,000
Previous Owner Loffredo Anthony $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2013 10/09/13 Sold $765,000 -13.9% $431 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $889,000 -- $501 / 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 $8,220 $926,700 $600,000 $326,700
2023 $7,710 $926,700 $600,000 $326,700
2022 $7,710 $926,700 $600,000 $326,700
2021 $7,469 $926,700 $600,000 $326,700
2020 $7,648 $769,400 $476,000 $293,400
2019 $7,717 $769,400 $476,000 $293,400
2018 $7,486 $769,400 $476,000 $293,400
2017 $7,525 $769,400 $476,000 $293,400
2016 $7,586 $769,400 $476,000 $293,400
2015 $7,579 $769,400 $476,000 $293,400
2014 $7,394 $769,400 $476,000 $293,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC246068

Bright MLS

APN: 18-00015-130-00002-03