NOT LISTED FOR SALE

Estimated Value: $2,660,612

4 Beds
3 Baths
3,070 Sq Ft
$867/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $1,365,000 $445 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $15,412/month

86 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Heated In Ground Pool
  • Open Floorplan
  • 1 Boat Dock
  • Bay View
  • Deck

About This Home

As of January 2017

Spectacular bay front. Great design with an open living area overlooking an in ground swimming pool and L shaped dock creating a resort like setting. Completely remodeled with coffered ceiling in the living area, stunning kitchen with commercial grade appliances. Watch the sunset from the wall of glass while enjoying the gas fireplace.Walk out from the living area to a protected outdoor deck and then down steps to the back yard where the heated pool is framed by lush landscaping with a wrap around paver patio. The dock can accommodate a variety of water craft including a jet ski lift. The master bedroom has a brand new tiled bath with spa tub and separate shower all with a view of the water and the bridge brilliantly lighted in the evenings. Situated on a quiet cul-de-sac and just a few short blocks to the beach. It just does not get much better than this!

Last Agent to Sell the Property

Lawrence Peacock

(609) 226-7719 pat.coteypeacock@gmail.com G. Anderson Agency Listed on: 09/10/2016

Last Buyer's Agent

David Seegers

(609) 489-3542 davidseegers822@gmail.com RE/MAX at Barnegat Bay - Ship Bottom License #1436135

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,409

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 62x121
  • 62 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level
  • Property is zoned R2, R2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,070 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Awning
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Bay Views
  • Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Riparian Lease
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

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

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 1.12,1.32
  • Assessor Parcel Number 29-00016-0000-00001-12

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,409

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Attic, Window Treatments, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Primary Bath(s), Whirlpool/Hottub
  • Window Features: Bay/Bow, Casement, Screens, Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3070
  • Living Area Sq Ft: 3070
  • Price Per Sq Ft: 480.46
  • Above Grade Finished Sq Ft: 3070
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Exterior Features: Awning(s), Exterior Lighting, Outside Shower
  • Pool Features: Fenced, Heated, In Ground
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 62

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 494500.00
  • Land Assessed Value: 654500.00
  • Lot Features: Cul-De-Sac, Level
  • Lot Dimensions: 62x121
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Topography: Level
  • Zoning: R2
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075501
  • Tax Annual Amount: 12409.00
  • Assessor Parcel Number: 29-00016-0000-00001-12
  • Tax Lot: 1.12,1.32
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Riparian Lease

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2016
Closed on
Jan 5, 2017
Sold by
Padalino Ernest and Padalino Kathryn
Bought by
Weston Kent and Weston Victoria
Seller's Agent
Lawrence Peacock
G. Anderson Agency
Buyer's Agent
David Seegers
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,475,000
Sold Price
$1,365,000
Premium/Discount to List
-$110,000
-7.46%
Current Estimated Value
$2,660,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,295,612
Avg. Annual Appreciation
7.82%
Original Mortgage
$955,000
Outstanding Balance
$788,798
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,871,814

Purchase Details

Closed on
Feb 1, 2013
Sold by
Padalino Ernest and Readq Kathryn
Bought by
Padalino Ernest and Read Katrryun

Purchase Details

Closed on
Apr 15, 2011
Sold by
Vernon Christopher and Vernon Eileen Anne
Bought by
Padalino Ernest and Read Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Fleming David
Bought by
Vernon Christopher and Vernon Eileen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,000
Interest Rate
5.86%

Purchase Details

Closed on
Jun 9, 1994
Sold by
Pucillo Lawrence
Bought by
Fleming W David and Fleming Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.5%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Joseph Mancine Bldg Co
Bought by
Pucillo Lawrence
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
Weston Kent $1,365,000 --
Padalino Ernest -- None Available
Padalino Ernest $1,175,000 None Available
Vernon Christopher $1,140,000 --
Fleming W David $550,000 --
Pucillo Lawrence $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weston Kent $955,000
Previous Owner Padalino Ernest $881,250
Previous Owner Vernon Christopher $912,000
Previous Owner Fleming W David $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $1,365,000 -7.5% $445 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
09/10/2016 09/10/16 For Sale $1,475,000 -- $480 / 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 $16,671 $1,383,500 $709,000 $674,500
2024 $15,896 $1,383,500 $709,000 $674,500
2023 $14,651 $1,383,500 $709,000 $674,500
2022 $14,651 $1,383,500 $709,000 $674,500
2021 $14,409 $1,367,100 $709,000 $658,100
2020 $14,450 $1,367,100 $709,000 $658,100
2019 $14,464 $1,367,100 $709,000 $658,100
2018 $14,868 $1,402,600 $744,500 $658,100
2017 $13,888 $1,401,400 $744,500 $656,900
2016 $12,719 $1,149,000 $654,500 $494,500
2015 $12,409 $1,149,000 $654,500 $494,500
2014 $12,398 $1,074,800 $654,500 $420,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC177706

Bright MLS

APN: 29-00016-0000-00001-12