NOT LISTED FOR SALE

Estimated Value: $709,000 - $881,000

2 Beds
1.5 Baths
860 Sq Ft
$912/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $399,000 $464 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,987/month

22 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Furnished
  • Bayside
  • Corner Lot
  • 5-minute walk to Bay View Park

About This Home

As of November 2017

The rare opportunity you've been waiting for! This immaculate, fully furnished, and turnkey condo has been aggressively priced to sell quickly. This ground level unit needs no steps to navigate and features 2 off-street assigned parking spots just steps from your sliding glass doors. A large wrap around porch, 2 bedrooms, 1.5 bathrooms, a gourmet kitchen with granite countertops, stainless steel appliances, a custom backsplash, and an open living concept are conducive to entertaining your family and friends. The beach entrance is just one short block to the east, and the town of Ship Bottom offers many wonderful restaurants and attractions that the entire family will enjoy! This is a newer condo complex that was completely renovated in 2004. This unit can be rented on a weekly basis in the prime of summer and has a robust $2000/week rental history in July and August. A refreshing in-ground pool completes your LBI retreat and offers a nice change of pace from the beach.

Last Listed By

Raymond Procaccini Jr.

Oceanside Realty License #0454539 Listed on: 10/05/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,001

Year Built

  • 1972

Lot Details

  • Lot Dimensions are 200x80
  • Level Lot
  • The property's topography is level

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Semi-Detached or Twin Home
  • Shingle Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 860 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Recessed Lighting
  • Sliding Doors
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Patio
  • Storage Shed
  • Outdoor Grill

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10.01
  • Assessor Parcel Number 29-00055-0000-00010-01-C.04

Community Details

Overview

  • $550 Capital Contribution Fee
  • Association fees include pool(s), common area maintenance
  • Castle Harbor HOA
  • Ship Bottom Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,001

Year Built

1972

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Condominium
  • Exclusions: Personal items (pictures/photos/etc.). Owner will provide an exclusions list.
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built (Public Record): 9999
  • Remarks Public: The rare opportunity you've been waiting for! This immaculate, fully furnished, and turnkey condo has been aggressively priced to sell quickly. This ground level unit needs no steps to navigate and features 2 off-street assigned parking spots just steps from your sliding glass doors. A large wrap around porch, 2 bedrooms, 1.5 bathrooms, a gourmet kitchen with granite countertops, stainless steel appliances, a custom backsplash, and an open living concept are conducive to entertaining your family and friends. The beach entrance is just one short block to the east, and the town of Ship Bottom offers many wonderful restaurants and attractions that the entire family will enjoy! This is a newer condo complex that was completely renovated in 2004. This unit can be rented on a weekly basis in the prime of summer and has a robust $2000/week rental history in July and August. A refreshing in-ground pool completes your LBI retreat and offers a nice change of pace from the beach.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Electric, Built-In Microwave, Refrigerator, Washer/Dryer Stacked, Stove, Washer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Breakfast Area, Kitchen - Island, Floor Plan - Open, Pantry, Recessed Lighting
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • 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: 475.58
  • Above Grade Finished Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1810

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
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Bbq Grill
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Name: CASTLE HARBOR
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Concrete, Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 550.00

Schools

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

Lot Info

  • Improvement Assessed Value: 136400.00
  • Land Assessed Value: 245200.00
  • Land Lease: No
  • Lot Features: Corner, Level
  • Lot Dimensions: 200x80
  • Outdoor Living Structures: Patio(s)
  • Topography: Level
  • Zoning: SC
  • Zoning Description: SC

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4653131
  • Tax Annual Amount: 4001.00
  • Assessor Parcel Number: 29-00055-0000-00010-01-C.04
  • Tax Lot: 10.01
  • Tax Year: 2016
  • Close Date: 11/17/2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 9, 2017
Sold by
Zammit John and Zammit Laura
Bought by
Hill Alison
Seller's Agent
Raymond Procaccini Jr.
Oceanside Realty
Buyer's Agent
Eileen Matson
Mary Allen Realty, Inc.
List Price
$409,000
Sold Price
$399,000
Premium/Discount to List
-$10,000
-2.44%
Total Days on Market
22
Current Estimated Value
$784,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,683
Avg. Annual Appreciation
8.93%
Original Mortgage
$323,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Smith James M and Smith Mary C
Bought by
Zammit John and Zammit Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2005
Sold by
Ship Bottom Condominium Development Grou
Bought by
Smith Ii James M and Smith Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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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
Hill Alison $399,000 --
Zammit John $370,000 First American Title Ins Co
Smith Ii James M $429,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Alison $314,831
Closed Hill Alison $323,000
Previous Owner Zammit John $320,350
Previous Owner Zammit John $333,000
Previous Owner Smith Ii James M $321,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $399,000 -2.4% $464 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $409,000 -- $476 / 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 $4,001 $361,400 $226,800 $134,600
2015 $3,903 $361,400 $226,800 $134,600
2014 $3,827 $354,700 $226,800 $127,900
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJOC161914

Bright MLS

APN: 29-00055-0000-00010-01-C.04