NOT LISTED FOR SALE

Estimated Value: $700,000 - $1,359,808

0.08 Acre
$12,336,900 Price per Acre
3,485 Sq Ft Lot

Last Sold December 22, 2020

Last sale price $400,000

Est. 139% increase in value since last sale

Current estimated payment $6,834/month

79 Days on Market

Highlights

  • Water Views
  • Property near a lagoon
  • Cul-De-Sac
  • Home fronts a lagoon or estuary

About This Lot

As of December 2020

Premier waterfront building lot value-priced and ready for the next generation of Jersey Shore homeowners. Uniquely located in the Coves section of Manahawkin on a cul-de-sac with 175 feet of vinyl bulkhead and underground utilities. Enjoy an active waterfront lifestyle on the Mill Creek and just minutes to the open bay. Convenient to all area shopping, restaurants, recreation, transportation GSP Exit 63, Atlantic City and the best beaches of Long Beach Island. Start your family memories today!

Last Agent to Sell the Property

Kenneth Nilson

RE/MAX at Barnegat Bay License #8333571 Listed on: 10/29/2020

RE/MAX at Barnegat Bay

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,652

Lot Details

  • 3,485 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Irregular Lot

Property Views

  • Water Views

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 31-00147-96-00007

Community Details

Overview

  • Coves Subdivision

Recreation

  • Property near a lagoon
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$5,652

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Irregular Lot, Lagoon
  • Subdivision Name: Coves
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.08
  • General Property Info Lot Dimensions: .22
  • Location Middle School: Southern Reg
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water: Yes
  • Lot Description Bulkhead2: Yes
  • Lot Description Irregular Lot: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Lot Description Cul-De-Sac: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.08
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: .22
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 31-00147-96-00007
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5652.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 14, 2020
Sold by
Big City Installations Limited Liability
Bought by
Goodell Mariann and Capone Victor
Seller's Agent
Kenneth Nilson
RE/MAX at Barnegat Bay
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Current Estimated Value
$957,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,719
Avg. Annual Appreciation
20.76%

Purchase Details

Closed on
Jun 17, 2020
Sold by
Hanenberg Keith David and Hanenberg Kathleen Mary
Bought by
Big City Installations Llc

Purchase Details

Listed on
Jun 21, 2017
Closed on
Dec 7, 2017
Sold by
Direse John and Direse Linda
Bought by
Big City Installations Llc
Seller's Agent
Susan Racioppi
Greater Coastal Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Lapietra Louis and Feola Silverio
Bought by
Direse John and Direse Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Goodell Mariann $400,000 Title Agency
Big City Installations Llc $50,000 Gala Legal Services Llc
Big City Installations Llc $250,000 --
Direse John $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Direse John $139,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $400,000 -8.0% --
11/21/2020 11/21/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $435,000 0.0% --
09/22/2020 09/22/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $435,000 +74.0% --
12/07/2017 12/07/17 Sold $250,000 -- --
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
2024 $19,097 $776,600 $228,900 $547,700
2023 $6,090 $258,700 $228,900 $29,800
2022 $6,090 $258,700 $228,900 $29,800
2021 $6,007 $258,700 $228,900 $29,800
2020 $5,733 $246,600 $220,000 $26,600
2019 $5,652 $246,600 $220,000 $26,600
2018 $7,009 $307,700 $220,000 $87,700
2017 $7,523 $319,700 $199,500 $120,200
2016 $7,446 $319,700 $199,500 $120,200
2015 $7,184 $319,700 $199,500 $120,200
2014 $7,100 $312,100 $197,100 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22031111

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00147-96-00007