NOT LISTED FOR SALE

15 W 87th St Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,218,000 - $1,999,000

4 Beds
3 Baths
1,872 Sq Ft
$944/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $810,000 $433 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $10,116/month

About This Home

As of September 2017

Ocean & Bay views galore from the 2 wraparound decks plus a rooftop deck. This 4 bedroom bayblock home on pilings and an oversized lot, 71 feet of frontage, has plenty of room for family and friends. Master suite has its own large deck. 3 other bedrooms, dining & kitchen make this an incredible island home. Beautifully landscaped and being sold turnkey. Quick walk to the ocean and just steps to the bay beach at the end of the street for kayak & SUP launching. Rental history. Newer deck railings, fiberglass deck, front steps, front door, pavers to rear, fence & A/C. Fabulous opportunity to hit the ground running.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Racioppi Todd and Racioppi Lisa
Bought by
Miller Jason K and Kushner Beth Jillian
Current Estimated Value
$1,767,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$784,480
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$867,938

Purchase Details

Listed on
Jul 12, 2017
Closed on
Sep 12, 2017
Sold by
Cain William T and Cain Diane M
Bought by
Racioppi Todd and Racioppi Lisa
Seller's Agent
Jennifer Hornik
Keller Williams Realty Preferred Properties
Buyer's Agent
Holly Muia
The Van Dyk Group - Long Beach Island
List Price
$839,000
Sold Price
$810,000
Premium/Discount to List
-$29,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$648,000
Interest Rate
3.89%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2010
Sold by
Hay Douglas J and Hay Barbara Glennie
Bought by
Cain William T and Cain Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1995
Sold by
Moeller Frank S
Bought by
Hay Douglas J and Hay Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.96%
Source: Public Records

Range of Values:

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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
Miller Jason K $1,100,000 Chicago Title
Miller Jason K $1,100,000 Chicago Title
Racioppi Todd $810,000 American Land Title
Cain William T $780,000 Guardian Title Agency Of Oce
Hay Douglas J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jason K $880,000
Closed Miller Jason K $880,000
Previous Owner Racioppi Todd $648,000
Previous Owner Cain William T $624,000
Previous Owner Hay Douglas J $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $810,000 -3.5% $433 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $839,000 -- $448 / Sq Ft

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 $8,981 $1,005,700 $649,400 $356,300
2024 $8,921 $1,005,700 $649,400 $356,300
2023 $8,367 $1,005,700 $649,400 $356,300
2022 $8,367 $1,005,700 $649,400 $356,300
2021 $8,106 $1,005,700 $649,400 $356,300
2020 $8,007 $805,500 $508,200 $297,300
2019 $8,079 $805,500 $508,200 $297,300
2018 $7,770 $798,600 $508,200 $290,400
2017 $7,761 $793,600 $508,200 $285,400
2016 $7,825 $793,600 $508,200 $285,400
2015 $7,817 $793,600 $508,200 $285,400
2014 $7,627 $793,600 $508,200 $285,400
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hornik

    Seller's Agent in 2017

    Jennifer Hornik

    Keller Williams Realty Preferred Properties

    (973) 525-2688

    20 in this area

    30 Total Sales

    Jennifer Hornik
    Section Image
  • Holly Muia

    Buyer's Agent in 2017

    Holly Muia

    The Van Dyk Group - Long Beach Island

    (610) 291-9235

    42 in this area

    43 Total Sales

    Holly Muia
    Section Image
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Map

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

15 W 87th St, Long Beach Township, NJ

This home is located at 15 W 87th St, Long Beach Township, NJ 08008 and is currently estimated at $1,767,092, approximately $943 per square foot. 15 W 87th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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