NOT LISTED FOR SALE

Estimated Value: $5,803,494 - $6,411,000

5 Beds
4.5 Baths
4,888 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $3,000,000 $614 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $35,577/month

444 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Parking available for a boat
  • Concrete Pool
  • 1 Boat Dock
  • Private Beach
  • Sauna

About This Home

As of April 2019

LOVELADIES - BAY FRONT ESTATE! 5,000 sq ft home on a a nearly 1 acre private bay front tract in most sought after neighborhood on Long Beach Island. This home features 5 bedrooms, 4.5 baths, two story great room w/ fireplace and wet bar, hardwood & marble flooring throughout, two junior suites, a game room, and master suite w/ balcony, steam shower, & meditation deck. Enjoy an active outdoor lifestyle with heated pool with cabana; expansive waterfront decking; your own private bay beach; dock for watercraft; and rooftop deck with endless water views. This property has endless opportunities for the entire family and is a paradise for the entertainer.

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 12/26/2017

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Holly Muia

The Van Dyk Group - Long Beach Island License #1536198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,549

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 125x315
  • 125 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • The property's topography is level

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 4,888 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Awning
  • Insulated Windows
  • Window Treatments
  • Double Door Entry
  • Sliding Doors
  • Sauna
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Equipment Shed

Outdoor Features

  • Water Access
  • Riparian Grant
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 18-00020-18-00001

Community Details

Overview

  • No Home Owners Association
  • Loveladies Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,549

Year Built

Built in 1971

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: 1971
  • Remarks Public: LOVELADIES - BAY FRONT ESTATE! 5,000 sq ft home on a a nearly 1 acre private bay front tract in most sought after neighborhood on Long Beach Island. This home features 5 bedrooms, 4.5 baths, two story great room w/ fireplace and wet bar, hardwood & marble flooring throughout, two junior suites, a game room, and master suite w/ balcony, steam shower, & meditation deck. Enjoy an active outdoor lifestyle with heated pool with cabana; expansive waterfront decking; your own private bay beach; dock for watercraft; and rooftop deck with endless water views. This property has endless opportunities for the entire family and is a paradise for the entertainer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer
  • Flooring Type: Ceramic Tile, Marble, Wood
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Intercom, Whirlpool/Hottub, Kitchen - Island, Floor Plan - Open, Pantry, Recessed Lighting, Sauna, Spiral Staircase, Wet/Dry Bar, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Window Features: Skylights, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Double Entry, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 12
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4888
  • Living Area Sq Ft: 4888
  • Price Per Sq Ft: 674.10
  • Above Grade Finished Sq Ft: 4888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Pool Equipment Shed, Gazebo
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Awning(s), Boat Storage, Bbq Grill, Exterior Lighting, Outside Shower, Lawn Sprinkler, Private Beach
  • Pool Features: Concrete, Fenced, Heated, In Ground
  • Roof: Fiberglass
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Oversized
  • 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
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 1270700.00
  • Land Assessed Value: 2537500.00
  • Lot Features: Level
  • Lot Dimensions: 125x315
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: Res

Building Info

  • Building Features: Security System

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026592
  • Tax Annual Amount: 37549.00
  • Assessor Parcel Number: 18-00020-18-00001
  • Tax Lot: 1
  • Tax Year: 2016
  • Close Date: 04/01/2019

Multi Family

  • Waterfront Features: Riparian Grant

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Apr 1, 2019
Sold by
Jdrmdbp & Rsk Tst Llc
Bought by
Purwin Paul E and Purwin Loretta A
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Holly Muia
The Van Dyk Group - Long Beach Island
List Price
$3,295,000
Sold Price
$3,000,000
Premium/Discount to List
-$295,000
-8.95%
Current Estimated Value
$6,069,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,069,874
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Mar 7, 2016
Sold by
Mastronardy Michael
Bought by
Jdrmdbp & Pb Llc

Purchase Details

Closed on
Oct 21, 2005
Sold by
Barham Norman and Barham Carole A
Bought by
Gore Bertis and Gore Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 1997
Sold by
Brodie Stefan and Brodie Elizabeth
Bought by
Barham Norman and Barham Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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
Purwin Paul E $3,000,000 Allstate Title Agency Llc
Jdrmdbp & Pb Llc $2,550,000 None Available
Gore Bertis $5,750,000 First American Title Ins Co
Barham Norman $2,732,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gore Bertis $215,000
Previous Owner Gore Bertis $4,025,000
Previous Owner Barham Norman $1,000,000
Previous Owner Barham Norman $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $3,000,000 -9.0% $614 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
12/26/2017 12/26/17 For Sale $3,295,000 -- $674 / 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
2024 $30,050 $3,387,800 $2,700,000 $687,800
2023 $28,187 $3,387,800 $2,700,000 $687,800
2022 $28,187 $3,387,800 $2,700,000 $687,800
2021 $27,306 $3,414,600 $2,700,000 $714,600
2020 $31,936 $3,212,900 $2,537,500 $675,400
2019 $32,225 $3,212,900 $2,537,500 $675,400
2018 $35,806 $3,680,000 $2,537,500 $1,142,500
2017 $37,244 $3,808,200 $2,537,500 $1,270,700
2016 $37,549 $3,808,200 $2,537,500 $1,270,700
2015 $37,511 $3,808,200 $2,537,500 $1,270,700
2014 $36,597 $3,808,200 $2,537,500 $1,270,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC160062

Bright MLS

APN: 18-00020-18-00001