NOT LISTED FOR SALE

Estimated Value: $1,350,000 - $2,547,000

4 Beds
3 Baths
2,060 Sq Ft
$893/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $612,500 $297 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $10,728/month

Highlights

  • Bay View
  • Deck
  • Main Floor Bedroom
  • Bayside
  • Rambler Architecture
  • No HOA

About This Home

As of October 2018

Property is situated on one of the best streets in Barnegat Light. Ocean access is a short stroll with access to the beach over very few dunes! The bay beach is literally at the end of the street. The 3 bedrooms are located on the first floor level and the master bedroom is located on the upper level quietly tucked away from the rest of the home.The property is being sold "as is". New Construction would give magnificent bay views.

Last Agent to Sell the Property

Lynne Schnell

Island Realty License #8645374 Listed on: 05/15/2018

Last Buyer's Agent

Nathan Colmer

The Van Dyk Group - Long Beach Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,861

Lot Details

  • Lot Dimensions are 60 x 125
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Asbestos Shingle Roof
  • Shake Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • Property has 1.5 Levels
  • Partially Furnished
  • Brick Fireplace
  • Sliding Doors
  • Bay Views
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Location

  • Flood Risk
  • Bayside

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 0011502

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,861

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 9999
  • Remarks Public: Property is situated on one of the best streets in Barnegat Light. Ocean access is a short stroll with access to the beach over very few dunes! The bay beach is literally at the end of the street. The 3 bedrooms are located on the first floor level and the master bedroom is located on the upper level quietly tucked away from the rest of the home.The property is being sold "as is". New Construction would give magnificent bay views.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Primary Bath(s)
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room Count: 11
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2060
  • Living Area Sq Ft: 2060
  • Price Per Sq Ft: 315.05
  • Above Grade Finished Sq Ft: 2060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Roof: Asbestos Shingle, 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • 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

  • Fencing: Partially
  • Improvement Assessed Value: 175000.00
  • Land Assessed Value: 410000.00
  • Lot Features: Level
  • Lot Dimensions: 60 x 125
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4861.35
  • Assessor Parcel Number: 0011502
  • Tax Lot: 18
  • Tax Year: 2016
  • Close Date: 10/25/2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Oct 11, 2018
Sold by
The Estate Of John Gracie
Bought by
Grossman Scott D and Grossman Jamie E
Seller's Agent
Lynne Schnell
Island Realty
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$649,000
Sold Price
$612,500
Premium/Discount to List
-$36,500
-5.62%
Current Estimated Value
$1,840,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,227,660
Avg. Annual Appreciation
17.00%
Original Mortgage
$490,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2004
Sold by
Gracie John
Bought by
Gracie John and Gracie David R
Source: Public Records

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
Grossman Scott D $612,500 University Title Ins Agcy
Gracie John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Scott $499,250
Open Grossman Scott $1,000,000
Closed Grossman Scott D $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $612,500 -5.6% $297 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $649,000 -- $315 / 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
2025 $11,082 $1,099,400 $410,000 $689,400
2024 $9,796 $1,099,400 $410,000 $689,400
2023 $9,092 $1,099,400 $410,000 $689,400
2022 $9,092 $1,099,400 $410,000 $689,400
2021 $9,785 $410,000 $410,000 $0
2020 $5,471 $605,900 $410,000 $195,900
2019 $5,271 $605,900 $410,000 $195,900
2018 $5,002 $585,000 $410,000 $175,000
2017 $5,177 $585,000 $410,000 $175,000
2016 $5,043 $585,000 $410,000 $175,000
2015 $4,861 $585,000 $410,000 $175,000
2014 $5,289 $585,100 $410,000 $175,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC153670

Bright MLS

APN: 02-00048-0000-00018