NOT LISTED FOR SALE

Estimated Value: $1,272,000 - $1,473,000

4 Beds
2 Baths
1,776 Sq Ft
$769/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $570,000 $321 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $7,642/month

143 Days on Market

Highlights

  • Bayside
  • No HOA
  • Porch
  • Attic
  • 1 Car Detached Garage
  • Walk-In Closet

About This Home

As of March 2017

This is a charming stand out property. This 2 story cedar shingle, bay-side cape offers peace and serenity. Easy bay and beach access makes this the best street on the north end of LBI. 4br with 2 Full baths, large walk-in closet(s), fireplace, central air, electric heating. The 2 bed rooms on the upper floor provide sliding glass doors onto upper deck and back stairway. The sun shines directly into the family and dinning room area brightening anyone's day! Outside the concrete driveway runs the length of property to the 1 /12 car, detached garage. Includes outside shower. Sitting on a higher point in Barnegat Light, this home does not need to be raised and had no water or damage from Hurricane Sandy. Present flood insurance for the year is $2,300. Move in and renovate. A must see property to make your dream home on LBI.

Last Agent to Sell the Property

Scott McSorley

(609) 494-6000 ScottMcSorley@Outlook.com Weichert Realtors - Ship Bottom Listed on: 09/19/2016

Weichert Realtors - Ship Bottom

Last Buyer's Agent

Richard Jones

(609) 276-7967 rjones@ganderson.com G. Anderson Agency License #0018764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 50x125

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Roof
  • Shake Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Sliding Doors
  • Laminate Flooring
  • Crawl Space
  • Storm Doors
  • Dryer

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Attic

  • Attic Fan
  • Storage In Attic

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Central Air
  • Water Conditioner is Owned

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 02-00048-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,950

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Conditioner - Owned, Cooktop, Dishwasher, Dryer
  • Flooring Type: Laminated
  • Interior Amenities: Attic, Ceiling Fan(s), Tub Shower, Walk-In Closet(s), Attic/House Fan
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Entry Location: Center Hall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1776
  • Price Per Sq Ft: 332.21
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Shake Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Outside Shower
  • Roof: Shingle, Wood
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Attic Fan, Central A/C
  • Heating Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 250700.00
  • Land Assessed Value: 375000.00
  • Lot Dimensions: 50x125
  • Outdoor Living Structures: Porch(es)
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826647
  • Tax Annual Amount: 4950.00
  • Assessor Parcel Number: 02-00048-0000-00019
  • Tax Lot: 19
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Mar 15, 2017
Sold by
Hannan Melissa
Bought by
Palombo Daniel and Palombo Laura
Seller's Agent
Scott McSorley
Weichert Realtors - Ship Bottom
Buyer's Agent
Richard Jones
G. Anderson Agency
List Price
$639,000
Sold Price
$570,000
Premium/Discount to List
-$69,000
-10.8%
Current Estimated Value
$1,365,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,786
Avg. Annual Appreciation
10.58%
Original Mortgage
$270,000
Outstanding Balance
$224,703
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,141,083
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palombo Daniel $570,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palombo Daniel $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $570,000 -10.8% $321 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $639,000 -- $360 / 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 $5,746 $747,500 $375,000 $372,500
2024 $5,079 $570,000 $375,000 $195,000
2023 $4,714 $570,000 $375,000 $195,000
2022 $4,714 $570,000 $375,000 $195,000
2021 $5,073 $570,000 $375,000 $195,000
2020 $5,147 $570,000 $375,000 $195,000
2019 $4,959 $570,000 $375,000 $195,000
2018 $5,350 $625,700 $375,000 $250,700
2017 $5,537 $625,700 $375,000 $250,700
2016 $5,144 $625,700 $375,000 $250,700
2015 $4,950 $625,700 $375,000 $250,700
2014 $5,408 $625,900 $375,000 $250,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC177350

Bright MLS

APN: 02-00048-0000-00019