NOT LISTED FOR SALE

Estimated Value: $706,000 - $914,000

2 Beds
1.5 Baths
860 Sq Ft
$200/mo HOA Fee

Last Sold August 16, 2013

Last sale price $365,000 $424 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,756/month

125 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Community Pool
  • Bayside
  • Furnished
  • 5-minute walk to Bay View Park

About This Home

As of August 2013

Beautifully appointed and immaculately kept 3rd floor condo in the heart of downtown Ship Bottom! Relax and unwind in the large inground pool, walk to all of the attractions of town, and come back and forth from the beach with ease. Unit offers 2 bedrooms and 1.5 baths. Very open floor plan, and the kitchen includes oak cabinetry and stainless steel appliances. This complex does not winterize, so enjoy all of the seasons that LBI offers. Plenty of off-street parking, and the inground pool is open Memorial Day through Labor Day. Condo has a tremendous rental history with 7 rentals already booked for 2013! Great return on investment. This condo will not last...please show and sell!

Last Agent to Sell the Property

Raymond Procaccini Jr.

Oceanside Realty License #0454539 Listed on: 03/21/2013

Last Buyer's Agent

Kevin Bergin

SERHANT. New Jersey LLC License #0343688

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 2004

Lot Details

  • Partially Fenced Property
  • The property's topography is level

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 860 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Storage Shed

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • No Smoking Allowed
  • Tax Lot 10.01
  • Assessor Parcel Number 290005500000001001C.12

Community Details

Overview

  • $550 Capital Contribution Fee
  • Association fees include pool(s)
  • Castle Harbor HOA
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,679

Year Built

Built in 2004

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Habitable Residence: No
  • Ownership: Condominium
  • Exclusions: Ocean City painting in the kitchen, television in living room, and shore picture in the hallway.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Washer/Dryer Stacked, Dishwasher, Built-In Microwave, Stove
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Tile/Brick, Fully Carpeted
  • Interior Amenities: Breakfast Area, Floor Plan - Open, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3+
  • Room Count: 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 447.56
  • Above Grade Finished Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Access To Pool: No
  • Construction Completed: No
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Open Parking: No
  • Parking Features: Assigned
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Name: CASTLE HARBOR
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 550.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Fencing: Partially
  • Improvement Assessed Value: 155776.00
  • Irrigation Water Rights: No
  • Land Assessed Value: 264644.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: condo
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Topography: Level
  • Zoning: R-90
  • Zoning Description: R-90
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No
  • Green Verification: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4653139
  • Tax Annual Amount: 3679.0
  • Assessor Parcel Number: 290005500000001001C.12
  • Tax Lot: 10.01
  • Tax Year: 2012
  • Close Date: 08/16/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2013
Closed on
Aug 16, 2013
Sold by
Cramer Michael G and Cramer Cynthia A
Bought by
Quinlan Linda and Drioli Andrea
Seller's Agent
Raymond Procaccini Jr.
Oceanside Realty
Buyer's Agent
Kevin Bergin
SERHANT. New Jersey LLC
List Price
$394,900
Sold Price
$365,000
Premium/Discount to List
-$29,900
-7.57%
Current Estimated Value
$762,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,445
Avg. Annual Appreciation
6.39%
Original Mortgage
$185,000
Outstanding Balance
$139,304
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$623,141

Purchase Details

Closed on
Dec 28, 2010
Sold by
Roberson Barry W and Roberson Joette R
Bought by
Cramer Michael G and Cramer Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Ship Bottom Condo Development Group Llc
Bought by
Roberson Barry W and Roberson Joette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Quinlan Linda $365,000 None Available
Cramer Michael G $345,000 None Available
Roberson Barry W $429,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinlan Linda $185,000
Previous Owner Cramer Michael G $276,000
Previous Owner Roberson Barry W $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $365,000 -7.6% $424 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $394,900 -- $459 / 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 $4,385 $389,600 $245,200 $144,400
2023 $4,041 $381,600 $245,200 $136,400
2022 $4,041 $381,600 $245,200 $136,400
2021 $4,022 $381,600 $245,200 $136,400
2020 $4,034 $381,600 $245,200 $136,400
2019 $4,037 $381,600 $245,200 $136,400
2018 $4,045 $381,600 $245,200 $136,400
2017 $3,782 $381,600 $245,200 $136,400
2016 $3,989 $360,300 $226,800 $133,500
2015 $3,891 $360,300 $226,800 $133,500
2014 $3,815 $353,600 $226,800 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC243734

Bright MLS

APN: 29-00055-0000-00010-01-C.12