NOT LISTED FOR SALE

Estimated Value: $653,000 - $1,043,000

2 Beds
2.5 Baths
993 Sq Ft
$899/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $650,000 $655 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,442/month

Highlights

  • Bayside
  • 90% Forced Air Heating and Cooling System
  • 4-minute walk to Bay View Park
  • No HOA

About This Home

As of May 2023

This home is located at 2012 E Bay Terrace, Ship Bottom, NJ 08008 since 06 April 2023 and is currently estimated at $893,067, approximately $899 per square foot. This property was built in 2015. 2012 E Bay Terrace is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Last Listed By

David Seegers

RE/MAX at Barnegat Bay - Ship Bottom License #1436135 Listed on: 04/06/2023

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,601

Year Built

  • Built in 2015

Lot Details

  • 1,376 Sq Ft Lot
  • Lot Dimensions are 26.00 x 53.00
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 993 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Bayside

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 29-00043-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,601

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2015
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 993
  • Living Area Sq Ft: 993
  • Price Per Sq Ft: 654.58
  • Above Grade Finished Sq Ft: 993
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2012

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 26.00 x 53.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1376.00
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075967
  • Assessor Parcel Number: 29-00043-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 993
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/12/2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 25, 2023
Sold by
Seegers David J
Bought by
Faziola Emily E and Lubrano Michael D
Seller's Agent
David Seegers
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
David Seegers
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$650,000
Sold Price
$650,000
Total Days on Market
0
Current Estimated Value
$893,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,067
Avg. Annual Appreciation
21.37%
Original Mortgage
$520,000
Outstanding Balance
$510,209
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$452,865

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
Faziola Emily E $650,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faziola Emily E $520,000
Previous Owner Seegers David J $465,200
Previous Owner Seegers David J $200,000
Previous Owner Seegers David J $320,000
Previous Owner Seegers David J $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $650,000 0.0% $655 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $650,000 -- $655 / 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 $5,601 $487,500 $188,600 $298,900
2023 -- $487,500 $188,600 $298,900
2022 $0 $487,500 $188,600 $298,900
2021 $4,831 $487,500 $188,600 $298,900
2020 $0 $487,500 $188,600 $298,900
2019 $4,831 $487,500 $188,600 $298,900
2018 $0 $487,500 $188,600 $298,900
2017 $4,831 $487,500 $188,600 $298,900
2016 $0 $401,000 $156,100 $244,900
2015 $1,686 $156,100 $156,100 $0
2014 -- $184,400 $156,100 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2017552

Bright MLS

APN: 29-00043-0000-00023