$788,000
SOLD DEC 19, 2024
3 Beds
2 Baths
1,157 Sq Ft
$495/mo HOA Fee

Recently Sold

$681 Per Sq Ft

1% Below List Price

36 Days on Market

Highlights

  • Water Oriented
  • Building is oceanfront but unit may not have water views
  • Furnished
  • Beach Haven School Rated A-
  • Victorian Architecture
  • Patio

About This Home

As of December 2024

Nestled in the heart of Beach Haven and just steps from the beach, this charming penthouse unit offers spacious living flooded with natural light. With nearly 1,200 square feet, three bedrooms, and two full bathrooms, it’s the ideal island retreat. Features include front and rear patios perfect for soaking in the sea air, ample storage throughout for beach gear and essentials, a shared laundry room on the first floor, and an outdoor shower. Fully renovated in 2013, this unit is being sold furnished. Walk to all that the queen city has to offer. Showplace, Surflight, Guapo's Coffee House, Uncle Will's Pancake House for Breakfast, Pearl Street Market for lunch, Engleside for Sushi, great restaurants all around you...Sea Shell, Black Whale, Parker's, Bird and Betty's and the list goes on! This property has a great rental history as well! Set up an appointment to preview this gem!

Last Agent to Sell the Property

Theresa Jensen

(609) 494-0700 theresaj@maryallen.com Mary Allen Realty, Inc. Listed on: 08/13/2024

Last Buyer's Agent

Mary Lu Gaylor

(609) 713-9679 gaylorml@gmail.com Mary Allen Realty, Inc. License #8938649

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1950 | Remodeled in 2013

Lot Details

  • Building is oceanfront but unit may not have water views
  • Ground Rent
  • Property is in very good condition

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Double Hung Windows
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Public Parking
  • Free Parking
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Patio
  • Outbuilding
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 04-00136-00010-C3001

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn maintenance, trash
  • 8 Units
  • Low-Rise Condominium
  • The Bungalow At Lbi Condos
  • Beach Haven Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,765

Year Built

Built in 1950 | Remodeled in 2013

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Victorian
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Double Hung
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor, Shared
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 690.58
  • Above Grade Finished Sq Ft: 1157
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Fire Escape, Bbq Grill, Outbuilding(s), Outside Shower
  • Spa: No
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1486.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: THE BUNGALOW AT LBI
  • HOA Condo Co-Op Amenities: Common Grounds, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: R-C

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE
  • Income Expense List: Annual Ground Rent

Tax Info

  • Tax Annual Amount: 4765.00
  • Assessor Parcel Number: 04-00136-00010-C3001
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2024
Sold by
Barbarito Edward
Bought by
Castellano Matthew and Castellano Kerry
Current Estimated Value
$815,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,400
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2021
Sold by
Brooklyn Binny Llc
Bought by
Barbarito Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Suydam John J and Suydam Linda Suydam
Bought by
Brooklyn Binny Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.86%

Purchase Details

Listed on
Aug 31, 2012
Closed on
May 22, 2014
Sold by
The Bungalow At Lbi Llc
Bought by
Suydam John James and Suydam Linda
Seller's Agent
Christopher Davies
Davies and DeGennaro Real Estate
Buyer's Agent
Christopher Davies
Davies and DeGennaro Real Estate
List Price
$359,000
Sold Price
$403,000
Premium/Discount to List
$44,000
12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$322,400
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Deed $788,000 Surety Title
Deed $788,000 Surety Title
Deed $788,000 Surety Title
Deed $635,000 Land Title
Deed $390,500 --
Deed $403,000 Southern Shores Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $630,400 New Conventional
Previous Owner $571,500 New Conventional
Previous Owner -- No Value Available
Previous Owner $322,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $788,000 -1.4% $681 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $799,000 +98.3% $691 / Sq Ft
05/22/2014 05/22/14 Sold $403,000 +12.3% $348 / Sq Ft View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $359,000 -- $310 / 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
2025 $5,163 $393,500 $266,800 $126,700
2024 $4,765 $393,500 $266,800 $126,700
2023 $4,427 $393,500 $266,800 $126,700
2022 $4,427 $393,500 $266,800 $126,700
2021 $4,317 $393,500 $266,800 $126,700
2020 $4,411 $393,500 $266,800 $126,700
2019 $4,285 $393,500 $266,800 $126,700
2018 $4,435 $393,500 $266,800 $126,700
2017 $4,234 $393,500 $266,800 $126,700
2016 $4,396 $331,500 $161,000 $170,500
2015 $4,207 $331,500 $161,000 $170,500
2014 $3,978 $331,500 $161,000 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2027932

Bright MLS

APN: 04-00136-0000-00010-0000-C3001