NOT LISTED FOR SALE

Estimated Value: $364,000 - $406,000

5 Beds
5 Baths
2,342 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $246,000 $105 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,498/month

10 Days on Market

About This Home

As of October 2021

2 Story- Duplex- Homes are side by side and each have their own concrete driveway. Both homes are fully fenced and boarder the 12th hole of the Atlantis Golf Course! Unit #15 has 2 bedrooms & 2.5 bathrooms. Unit #17 has 3 bedrooms & 1.5 bathrooms. One property tax bill of $4,827 (2020) covers both units. Separate utilities for each unit are individually metered and billed. $2,200 a month in rent between both units allows room for increasing your already attractive cap rate by improving both units and increasing the rents to today's market rents.

Last Agent to Sell the Property

Ruben Nazario

Keller Williams Preferred Properties, Ship Bottom License #1431542 Listed on: 09/17/2021

Keller Williams Preferred Properties, Ship Bottom

Last Buyer's Agent

Burak Orbay

Keller Williams Realty Spring Lake License #1222362

Keller Williams Realty Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,342 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • No Garage
  • Paved Parking

Schools

  • Pinelands Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 17-00285-0000-00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,831

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: See Remarks, Other
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1988
  • Contract Info List PriceSqFt: 96.03
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Water Heater Tank: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.24
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, None
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 17-00285-0000-00039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4831.0
  • Tax Other Annual Assessment Amount: 182300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 23, 2021
Sold by
Manning Michael K
Bought by
Basil Homes Llc
Seller's Agent
Ruben Nazario
Keller Williams Preferred Properties, Ship Bottom
Buyer's Agent
Burak Orbay
Keller Williams Realty Spring Lake
List Price
$224,900
Sold Price
$246,000
Premium/Discount to List
$21,100
9.38%
Current Estimated Value
$387,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,727
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Oct 14, 2005
Sold by
Jupina Andrew S and Jupina Beverly
Bought by
Manning Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Basil Homes Llc $246,000 None Available
Manning Michael K $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manning Michael K $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $246,000 +9.4% $105 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $224,900 -- $96 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,402 $182,300 $61,500 $120,800
2024 $5,175 $182,300 $61,500 $120,800
2023 $5,013 $182,300 $61,500 $120,800
2022 $5,013 $182,300 $61,500 $120,800
2021 $4,895 $182,300 $61,500 $120,800
2020 $4,831 $182,300 $61,500 $120,800
2019 $4,636 $182,300 $61,500 $120,800
2018 $4,372 $182,300 $61,500 $120,800
2017 $4,304 $182,300 $61,500 $120,800
2016 $4,339 $182,300 $61,500 $120,800
2015 $3,997 $165,900 $61,500 $104,400
2014 $4,284 $224,200 $61,800 $162,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130615

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00285-0000-00039