NOT LISTED FOR SALE

1503 Beach Terrace Longport, NJ 08403

Estimated Value: $3,194,000 - $4,199,000

3 Beds
2.5 Baths
-- Sq Ft
2,744 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $2,900,000

Est. 31% increase in value since last sale

Current estimated payment $22,485/month

167 Days on Market

Highlights

  • Ocean Front
  • Recreation Room
  • Corner Lot
  • Deck
  • Wood Flooring
  • Great Room

About This Home

As of April 2021

Direct Ocean Views like you have never experienced before! Escape to this spectacular Single Family Home situated directly on the Beach situated in the prominent Point Section of Longport. Three levels of living space allow you to capture sweeping views of the ocean from every floor. Enter through the foyer on the first floor hosting two bedrooms and one full bathroom, storage closet and full size mudroom. The Second floor is home to 180 degrees of unobstructed Ocean and Beach Views. New Kitchen with Carrera Marble countertops, center island with seating for 3, new cabinetry and high-end appliance package. Dining area, Living Room with gas fireplace and sitting area with optional folding wall to allow for additional private sleeping space and half bathroom. The Master Suite is second to none with exquisite built in shelving with wet bar, sitting area, private deck, walk in closet with custom built in storage and Master Bathroom. The Newly updated Master Bath features his and hers sink with vanity, soaking tub, custom tile surround and glass enclosed shower. Exterior highlights include, private access, off street parking for multiple cars, outside shower, multiple decks, direct beach entry and more! Rare Opportunity to own one of the best Beachfronts on the Island!

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC License #0121493 Listed on: 09/11/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A License #0451196

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,787

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 55x50
  • Ocean Front
  • Corner Lot

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Recreation Room
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,787

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 09/12/2020
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Wood
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Ocean Front, Water View
  • Lot Dimensions: 55x50
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Apr 19, 2021
Sold by
Balderston Claudia F
Bought by
1503 Beach Terrace Llc
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$3,400,000
Sold Price
$2,900,000
Premium/Discount to List
-$500,000
-14.71%
Current Estimated Value
$3,808,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$908,891

Purchase Details

Closed on
Apr 12, 2013
Sold by
Balderston Richard A and Balderston Claudia F
Bought by
Balderston Claudia F

Purchase Details

Closed on
Oct 15, 1996
Sold by
Maxwell J Scott and Maxwell Etta J
Bought by
Balderston Dr Richard A and Balderston Dr Claudia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.22%

Purchase Details

Closed on
Sep 12, 1991
Sold by
Corcoran Marilyn
Bought by
Maxwell Maxwell J and Maxwell Etta J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1503 Beach Terrace Llc $2,900,000 Surety Title Company Llc
Balderston Claudia F -- None Available
Balderston Dr Richard A $925,000 Commonwealth Land Title Ins
Maxwell Maxwell J $462,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balderston Richard A $354,000
Previous Owner Balderston Dr Claudia F $417,000
Previous Owner Balderston Dr Richard A $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $2,900,000 -3.2% --
02/25/2021 02/25/21 Pending -- -- --
02/12/2021 02/12/21 Price Changed $2,995,000 -7.3% --
10/22/2020 10/22/20 Price Changed $3,230,000 -5.0% --
09/11/2020 09/11/20 For Sale $3,400,000 -- --
Source: South Jersey Shore Regional 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 $20,787 $1,852,700 $1,456,300 $396,400
2023 $18,768 $1,852,700 $1,456,300 $396,400
2022 $18,768 $1,852,700 $1,456,300 $396,400
2021 $17,565 $1,805,200 $1,456,300 $348,900
2020 $17,799 $1,805,200 $1,456,300 $348,900
2019 $17,763 $1,805,200 $1,456,300 $348,900
2018 $17,763 $1,805,200 $1,456,300 $348,900
2017 $17,402 $1,805,200 $1,456,300 $348,900
2016 $16,716 $1,805,200 $1,456,300 $348,900
2015 $16,373 $1,805,200 $1,456,300 $348,900
2014 $16,211 $1,805,200 $1,456,300 $348,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 541997

South Jersey Shore Regional MLS

APN: 15-00010-0000-00002-02