W
Seller's Agent in 2019
William Hodgson
Island Realty-Surf City
(609) 290-0854
13 in this area
17 Total Sales
1707 Ocean Ave Surf City, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $2,620,000 - $4,507,000
5
Beds
3
Baths
2,572
Sq Ft
$1,362/Sq Ft
Est. Value
Highlights
- 60 Feet of Waterfront
- Wood Flooring
- Furnished
- Sandy Beach
- Victorian Architecture
- No HOA
About This Home
As of December 2019OCEANFRONT GEM LOCATED IN SURF CITY'S VERY DESIRABLE AND SOUGHT AFTER NORTH END OCEAN TERRACE NEIGHBORHOOD. LARGE AND SPACIOUS INSIDE AND OUT; FROM EXPANSIVE KITCHEN/DINING AREA AND LARGE BEDROOMS, TO THE VERY BEST OF OUTDOOR LIVING ON GRAND OCEANFRONT DECKING OVERLOOKING THE BEST BEACHES ON THE JERSEY SHORE. CUSTOM DESIGNED WITH ATTENTION TO EVERY DETAIL. NEO VICTORIAN DESIGN, SKY DECK TO VIEW EARLY SUNRISES AND MORNING COFFEE, TO STUNNING SUNSETS AND EVENING COCKTAILS. INTERIOR FEATURES INCLUDE 3 STOP DUMB WAITER, EXTENSIVE STORAGE/CLOSETS WITH NO WASTED SPACE THROUGHOUT. 2 CAR GARAGE WITH ENTRY TO GROUND LEVEL FOYER. OUTDOOR DECKS WITH PRIVATE DUNE-WALKOVER FOR CONVENIENT BACK AND FORTH FOR THE AVID BEACH GOER. THIS BEAUTIFUL HOME IS POSTIONED ON A UNIQUE OVERSIZED 60' X 100' LOT AND A MUST SEE FOR THE LARGE FAMILY AND/OR DISCRIMINATING INVESTOR! GREAT RENTAL HISTORY!
Last Agent to Sell the Property
(609) 290-0854 willieurs@aol.com Island Realty-Surf City Listed on: 10/14/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,540
Year Built
- Built in 1989
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 60.00 x 100.00
- 60 Feet of Waterfront
- Ocean Front
- Sandy Beach
- Property is zoned RA
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Victorian Architecture
- Frame Construction
- Shake Roof
Interior Spaces
- 2,572 Sq Ft Home
- Property has 3 Levels
- Furnished
- Fireplace
- Basement
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Water Access
- Property is near an ocean
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Accessible Kitchen
- Flood Risk
Community Details
- No Home Owners Association
- Surf City Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 00002
- Assessor Parcel Number 32-00049-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2019
Closed on
Dec 12, 2019
Sold by
Walters Lynn M and Lynn M Walters Living Trust
Bought by
Vernick Jonathan R and Vernick Lori A
Seller's Agent
William Hodgson
Island Realty-Surf City
Buyer's Agent
Rick Reynolds
BHHS Zack Shore REALTORS
List Price
$2,299,000
Sold Price
$2,125,000
Premium/Discount to List
-$174,000
-7.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,377,399
Avg. Annual Appreciation
8.93%
Original Mortgage
$1,375,000
Outstanding Balance
$933,224
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,569,175
Purchase Details
Closed on
Oct 16, 2019
Sold by
Walters Lynn Nelson
Bought by
Lynn M Walters Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Outstanding Balance
$933,224
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,569,175
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vernick Jonathan R | $2,125,000 | None Available | |
| Lynn M Walters Living Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vernick Jonathan R | $1,375,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2019 12/20/19 | Sold | $2,125,000 | -7.6% | $826 / Sq Ft |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- |
| 10/14/2019 10/14/19 | For Sale | $2,299,000 | -- | $894 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $35,442 | $3,201,400 | $1,470,000 | $1,731,400 |
| 2024 | $34,151 | $3,398,100 | $1,470,000 | $1,928,100 |
| 2023 | $33,301 | $3,398,100 | $1,470,000 | $1,928,100 |
| 2022 | $33,301 | $3,398,100 | $1,470,000 | $1,928,100 |
| 2021 | $13,259 | $1,470,000 | $1,470,000 | $0 |
| 2020 | $18,583 | $2,128,600 | $1,470,000 | $658,600 |
| 2019 | $18,540 | $2,128,600 | $1,470,000 | $658,600 |
| 2018 | $15,011 | $1,478,900 | $1,050,000 | $428,900 |
| 2017 | $15,203 | $1,478,900 | $1,050,000 | $428,900 |
| 2016 | $14,833 | $1,478,900 | $1,050,000 | $428,900 |
| 2015 | $14,227 | $1,478,900 | $1,050,000 | $428,900 |
| 2014 | $14,153 | $1,478,900 | $1,050,000 | $428,900 |
Source: Public Records
Agents Affiliated with this Home
-
William Hodgson
-
William Hodgson Jr
Seller Co-Listing Agent in 2019
William Hodgson Jr
Island Realty-Surf City
(609) 661-0651
62 in this area
71 Total Sales
-
Rick Reynolds
R
Buyer's Agent in 2019
Rick Reynolds
BHHS Zack Shore REALTORS
(609) 290-9276
12 in this area
15 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC391588
APN: 32-00049-0000-00002
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