NOT LISTED FOR SALE

Estimated Value: $2,465,000 - $2,746,000

6 Beds
3.5 Baths
3,100 Sq Ft
$824/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $1,599,000 $516 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,309/month

2 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Contemporary Architecture
  • Building is oceanfront but unit may not have water views
  • Deck
  • Wood Flooring

About This Home

As of April 2021

FIRST OFF THE BEACH! Found next to the oceanfront, this home is the perfect property for large families and rentals! Featuring 6 bedrooms and 3.1 bathes, this home has approximately $90,000 grossed for the upcoming summer 2021. This home has been freshly maintained over years of rentals and can be utilized as an investment vehicle for years to come. Plenty of parking!!! Inside you'll find an open living concept with plenty of room to host all of your friends and family. As you move through the home, you'll find 6 bedrooms and 3.1 updated bathrooms to sleep all of your guests comfortably. Finally, enjoy full ocean views from the upper decks! DON'T MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

Gavin Hodgson

Island Realty-Surf City License #1327744 Listed on: 02/27/2021

Last Buyer's Agent

Bonnie Wells

Coastal Living Real Estate Group License #9231521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,102

Year Built

  • Built in 2007

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 50.00 x 64.00
  • Building is oceanfront but unit may not have water views
  • Open Lot
  • Front Yard
  • Property is in very good condition
  • Property is zoned RA

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Laundry

  • Washer
  • Gas Dryer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Flood Risk

Schools

  • Lbi Elementary School
  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00005
  • Assessor Parcel Number 32-00009-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,102

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: FIRST OFF THE BEACH! Found next to the oceanfront, this home is the perfect property for large families and rentals! Featuring 6 bedrooms and 3.1 bathes, this home has approximately $90,000 grossed for the upcoming summer 2021. This home has been freshly maintained over years of rentals and can be utilized as an investment vehicle for years to come. Plenty of parking!!! Inside you'll find an open living concept with plenty of room to host all of your friends and family. As you move through the home, you'll find 6 bedrooms and 3.1 updated bathrooms to sleep all of your guests comfortably. Finally, enjoy full ocean views from the upper decks! DON'T MISS THIS OPPORTUNITY!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Gas, Freezer, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Window Treatments, Wood Floors
  • Window Features: Double Hung
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Price Per Sq Ft: 515.81
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 526400.00
  • Land Assessed Value: 859800.00
  • Lot Features: Front Yard, Open
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Outdoor Living Structures: Deck(s), Patio(s), Roof
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RA

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 90000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3093871
  • Tax Annual Amount: 12102.00
  • Assessor Parcel Number: 32-00009-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 3100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 7, 2021
Sold by
Sullivan James F and Sullivan Marie
Bought by
72 Exits Llc
Seller's Agent
Gavin Hodgson
Island Realty-Surf City
Buyer's Agent
Bonnie Wells
Coastal Living Real Estate Group
List Price
$1,599,000
Sold Price
$1,599,000
Current Estimated Value
$2,218,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,724
Original Mortgage
$1,199,000
Outstanding Balance
$1,109,397
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 1996
Sold by
Cunningham Luke
Bought by
Sullivan James and Sullivan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
72 Exits Llc $1,599,000 City Abstract
Sullivan James $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 72 Exits Llc $1,199,000
Previous Owner Sullivan James $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $1,599,000 0.0% $516 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $1,599,000 -- $516 / 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 $13,931 $1,386,200 $859,800 $526,400
2023 $13,585 $1,386,200 $859,800 $526,400
2022 $13,585 $1,386,200 $859,800 $526,400
2021 $12,504 $1,386,200 $859,800 $526,400
2020 $12,102 $1,386,200 $859,800 $526,400
2019 $12,074 $1,386,200 $859,800 $526,400
2018 $11,358 $1,119,000 $651,600 $467,400
2017 $11,503 $1,119,000 $651,600 $467,400
2016 $11,224 $1,119,000 $651,600 $467,400
2015 $10,765 $1,119,000 $651,600 $467,400
2014 $10,709 $1,119,000 $651,600 $467,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC407478

Bright MLS

APN: 32-00009-0000-00005