NOT LISTED FOR SALE

Estimated Value: $689,000 - $1,169,383

4 Beds
2 Baths
1,488 Sq Ft
$676/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,200,000 $806 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $6,410/month

66 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • 0.15 Acre Lot
  • Docks
  • Property near a lagoon
  • New Kitchen

About This Home

As of March 2023

ORTLEY BEACH - LAGOON FRONT PROPERTY - SINGLE FAMILY RANCH (APPR. 1500 S.F.) ON LARGE PARCEL (APPR. 6,360 SQUARE FEET) -NEW BULKHEAD (APPR. 100' ON THE WATER) -DIRECT ACCESS TO THE BAY - ROOM FOR LARGE BOATS -GREAT QUIET LOCATION - ENJOY THE HOME FOR THE NEXT FEW YEARS WHILE MAKING PLANS FOR BUILDING A WATERFRONT HOME OF YOUR DREAMS HERE IN ORTLEY BEACH

Last Agent to Sell the Property

Timothy O'Shea

Keller Williams Shore Properties License #0343944 Listed on: 01/16/2023

Keller Williams Shore Properties

Co-Listed By

Timothy O'Shea

Keller Williams Shore Properties License #1430760

Last Buyer's Agent

Virginia Russo

Keller Williams Towne Square License #1649361

Keller Williams Towne Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,865

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Oversized Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Den
  • Laminate Flooring
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Property near a lagoon
  • Docks
  • Patio
  • Shed
  • Storage Shed
  • Outdoor Grill

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Furniture Negotiable
  • Assessor Parcel Number 08-01097-01-00107

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,865

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon, Oversized
  • Co List Office Mls Id: 3258
  • Co List Office Phone: 732-830-1292
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, Den, Breakfast Bar
  • Reso Other Structures: Storage Shed
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 6,360 s.f.
  • Interior Attic - Pull Down Stairs: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Interior Den: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Kitchen Breakfast Cntr: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Parking Oversized2: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior BBQ: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exclusions: Furniture Negotiable
  • Exterior Features: BBQ, Dock, Outdoor Shower, Patio, Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 6,360 s.f.
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 08-01097-01-00107
  • Zoning Description: Neighborhood

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11865.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Lobozzo Michele
Bought by
Lobozzo Michele and Merola Andrew
Current Estimated Value
$1,005,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,088,739
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$83,393

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 2, 2023
Sold by
Scuderi Michael and Scuderi Noreen
Bought by
Lobozzo Michele
Seller's Agent
Timothy O'Shea
Keller Williams Shore Properties
Buyer's Agent
Virginia Russo
Keller Williams Towne Square
List Price
$999,900
Sold Price
$1,200,000
Premium/Discount to List
$200,100
20.01%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.86%
Original Mortgage
$450,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2018
Sold by
Seritello Gaton
Bought by
Scuderi Michael and Scuderi Noreen
Source: Public Records

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
Lobozzo Michele -- None Listed On Document
Lobozzo Michele -- None Listed On Document
Lobozzo Michele $1,200,000 None Listed On Document
Lobozzo Michele $1,200,000 None Listed On Document
Scuderi Michael $412,500 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lobozzo Michele $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $1,200,000 +20.0% $806 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $999,900 0.0% $672 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $999,900 -- $672 / Sq Ft
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
2025 $12,956 $470,000 $470,000 --
2024 $12,306 $711,500 $470,000 $241,500
2023 $11,865 $710,900 $470,000 $240,900
2022 $11,865 $710,900 $470,000 $240,900
2021 $10,065 $401,800 $292,300 $109,500
2020 $10,021 $401,800 $292,300 $109,500
2019 $9,587 $401,800 $292,300 $109,500
2018 $9,458 $401,800 $292,300 $109,500
2017 $9,378 $401,800 $292,300 $109,500
2016 $8,826 $399,300 $292,300 $107,000
2015 $6,377 $303,000 $292,300 $10,700
2014 $6,058 $303,000 $292,300 $10,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22301398

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01097-01-00107