NOT LISTED FOR SALE

Estimated Value: $1,382,949 - $1,637,000

Studio
2 Baths
1,386 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $660,000 $476 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,346/month

18 Days on Market

Highlights

  • Oceanside
  • Main Floor Bedroom
  • No HOA
  • Wooded Lot
  • Attic
  • Breakfast Area or Nook

About This Home

As of December 2018

OCEANSIDE CAPE STYLE DUPLEX SET ON A 50' X 100' LOT WITH BOTH INTERIOR AND EXTERIOR STAIRS TO THE UPPER FLOOR. TWO BEDROOMS AND ONE BATH ON EACH FLOOR, FIRST FLOOR HAS A LARGE LIVING ROOM AND AN ENCLOSED REAR PORCH, UPPER FLOOR HAS A GREAT ROOM AND A DECK. DETACHED GRAGE. CURRENT QUOTE FOR FLOOD INSURANCE FROM SELECTIVE VIA GROENDYKE ASSOCIATES FOR $1,211 WITH $5,000 DEDUCTIBLE. THE HOME'S LIVING AREA DID NOT APPEAR TO HAVE WATER IN IT DURING SANDY. THOUGH A LEGAL DUPLEX, THE INTERIOR STAIRS ALLOW THE HOME TO BE USED AS A SINGLE FAMILY IF DESIRED. CONSIDER CONVERTING TO A SINGLE FAMILY OR USE AS A DUPLEX. BE AWARE THAT THE HOME'S INTERIOR HAS NOT BEEN UPDATED VERY MUCH SINCE IT WAS BUILT SO CONSIDER THE HOME A "FIXER UPPER" AND THAT HAS BEEN FACTORED INTOM THE LISTING PRICE. VERY CONVENIENT TO SPRAY BEACH YACHT CLUB. IT IS BEING SOLD "AS IS". IMMEDIATELY TO THE WEST OF THIS HOME IS A 50' X 100' VACANT LOT ALSO AVAILABE AT $599,900 MLS# 4055389.

Last Agent to Sell the Property

David Sheridan

(609) 709-2280 Dave@homesonlbi.com BHHS Zack Shore REALTORS License #8338877 Listed on: 11/02/2018

BHHS Zack Shore REALTORS

Last Buyer's Agent

Michael Cowles

(609) 290-3680 mcowles@zackshore.com BHHS Zack Shore REALTORS License #1431720

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 50x100
  • Wooded Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Asbestos

Interior Spaces

  • Main Floor Bedroom
  • 1,386 Sq Ft Home
  • Insulated Windows
  • Double Hung Windows
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Enclosed Patio or Porch

Location

  • Flood Risk

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Community Details

  • No Home Owners Association
  • 2 Units
  • Spray Beach Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 18-00005-13-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,477

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Refrigerator
  • Flooring Type: Tile/Brick, Vinyl, Fully Carpeted
  • Interior Amenities: Attic, Entry Level Bedroom, Breakfast Area
  • Window Features: Double Hung, Insulated
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1386
  • Living Area Sq Ft: 1386
  • Price Per Sq Ft: 514.07
  • Above Grade Finished Sq Ft: 1386
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 75000.00
  • Land Assessed Value: 485000.00
  • Land Lease: No
  • Lot Features: Trees/Wooded
  • Lot Dimensions: 50x100
  • Outdoor Living Structures: Enclosed
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3021143
  • Tax Annual Amount: 5477.00
  • Assessor Parcel Number: 18-00005-13-00004
  • Tax Lot: 4
  • Tax Year: 2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 10, 2018
Sold by
Sheridan J Howard and Sheridan David T
Bought by
Gumble Mark and Gumble Lorryn
Seller's Agent
David Sheridan
BHHS Zack Shore REALTORS
Buyer's Agent
Michael Cowles
BHHS Zack Shore REALTORS
List Price
$712,500
Sold Price
$660,000
Premium/Discount to List
-$52,500
-7.37%
Current Estimated Value
$1,495,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$835,987
Avg. Annual Appreciation
12.31%
Original Mortgage
$495,000
Outstanding Balance
$436,976
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$1,059,011

Purchase Details

Closed on
Feb 12, 2016
Sold by
Sheridan J Howard
Bought by
Sheridan J Howard

Purchase Details

Closed on
Dec 20, 2012
Sold by
Sheridan J Howard and Sheridan Marie T
Bought by
Sheridan J Howard and Sheridan Marie T

Purchase Details

Closed on
Jan 6, 2004
Sold by
Sheridan Howard J
Bought by
Sheridan Howard J and Sheridan Marie T
Source: Public Records
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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
Gumble Mark $660,000 Surety Title Agency Coastal
Sheridan J Howard -- --
Sheridan J Howard -- None Available
Sheridan Howard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumble Mark $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $660,000 -7.4% $476 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $712,500 -- $514 / 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 $6,370 $713,300 $585,000 $128,300
2024 $6,327 $713,300 $585,000 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC146944

Bright MLS

APN: 18-00005-13-00004