NOT LISTED FOR SALE

205 W 27th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,091,000 - $1,330,000

3 Beds
1.5 Baths
1,540 Sq Ft
$785/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $979,000 $636 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,137/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Furnished
  • 1 Car Attached Garage
  • Property fronts the bay but unit may not have water views
  • No HOA
  • 5-minute walk to Bay View Park

About This Home

As of December 2022

This is the one that you have been waiting for!
Prepare to fall in love with this striking bay block home located on a friendly neighborhood street in Ship Bottom; the “Gateway to LBI”.
Location, location, location: 205 West 27th Street is in the thick of things as it is close to all that Ship Bottom is well-known for such as Farias Surf Shop, Hartland Golf and Arcade, Ferrara’s Island Bakery and much more!
Enjoy the “best of both worlds” with spectacular sunsets down the block or sand in your toes level relaxation at the beach nearby
You are cordially invited to preview this beautiful raised well-maintained home in person and see its pristine condition for yourself
Renovated in 2018 this 3 bedroom 1.5 bath is a solid home that you can enjoy immediately
Sold with furnishing this “turn-key” property features hardwood floors, 9-foot ceilings, paved patio with an outdoor seating area and private outdoor shower
Just bring your toothbrush and move right in!

Last Agent to Sell the Property

Joanne Delaney

Mary Allen Realty, Inc. Listed on: 10/14/2022

Last Buyer's Agent

Eileen Matson

Mary Allen Realty, Inc. License #8635959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,294

Year Built

  • Built in 1940 | Remodeled in 2018

Lot Details

  • 2,082 Sq Ft Lot
  • Lot Dimensions are 26.00 x 80.00
  • Property fronts the bay but unit may not have water views
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 2 Levels
  • Furnished

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Ductless Heating Or Cooling System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 29-00010-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,294

Year Built

Built in 1940 | Remodeled in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: This is the one that you have been waiting for! Prepare to fall in love with this striking bay block home located on a friendly neighborhood street in Ship Bottom; the “Gateway to LBI”. Location, location, location: 205 West 27th Street is in the thick of things as it is close to all that Ship Bottom is well-known for such as Farias Surf Shop, Hartland Golf and Arcade, Ferrara’s Island Bakery and much more! Enjoy the “best of both worlds” with spectacular sunsets down the block or sand in your toes level relaxation at the beach nearby You are cordially invited to preview this beautiful raised well-maintained home in person and see its pristine condition for yourself Renovated in 2018 this 3 bedroom 1.5 bath is a solid home that you can enjoy immediately Sold with furnishing this “turn-key” property features hardwood floors, 9-foot ceilings, paved patio with an outdoor seating area and private outdoor shower Just bring your toothbrush and move right in!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 633.70
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LONG BEACH ISLAND SCHOOLS
  • School District Key: 300200396370
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 196400.00
  • Land Assessed Value: 305900.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 26.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2082.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R2

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075446
  • Tax Annual Amount: 5294.00
  • Assessor Parcel Number: 29-00010-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 1540
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/16/2022

MLS Schools

  • School District Name: LONG BEACH ISLAND SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 15, 2022
Sold by
Leary Richard B and Leary Donna M
Bought by
Kim Yong Jae
Seller's Agent
Joanne Delaney
Mary Allen Realty, Inc.
Buyer's Agent
Eileen Matson
Mary Allen Realty, Inc.
List Price
$975,900
Sold Price
$979,000
Premium/Discount to List
$3,100
0.32%
Views
14
Current Estimated Value
$1,208,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,940
Avg. Annual Appreciation
7.97%
Original Mortgage
$783,200
Outstanding Balance
$761,103
Interest Rate
6.31%
Estimated Equity
$431,134

Purchase Details

Closed on
Mar 27, 2013
Sold by
Leary Richard B
Bought by
Leary Richard B and Leary Donna M
Source: Public Records

Range of Values:

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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
Kim Yong Jae $979,000 Surety Title
Leary Richard B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong Jae $783,200
Previous Owner Leary Richard B $157,000
Previous Owner Leary Richard B $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $979,000 +0.3% $636 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $975,900 -- $634 / 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 $5,521 $502,300 $305,900 $196,400
2023 $5,069 $502,300 $305,900 $196,400
2022 $5,319 $502,300 $305,900 $196,400
2021 $5,044 $502,300 $305,900 $196,400
2020 $5,309 $502,300 $305,900 $196,400
2019 $5,314 $502,300 $305,900 $196,400
2018 $4,317 $407,300 $305,900 $101,400
2017 $4,036 $407,300 $305,900 $101,400
2016 $3,117 $304,200 $248,400 $55,800
2015 $3,947 $388,600 $248,400 $140,200
2014 $3,943 $388,600 $248,400 $140,200
Source: Public Records

Agents Affiliated with this Home

  • Joanne Delaney

    Seller's Agent in 2022

    Joanne Delaney

    Mary Allen Realty, Inc.

    (201) 783-6777

    10 in this area

    15 Total Sales

    Joanne Delaney
    Section Image
  • Eileen Matson

    Buyer's Agent in 2022

    Eileen Matson

    Mary Allen Realty, Inc.

    (609) 709-9503

    10 in this area

    15 Total Sales

    Eileen Matson
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC2013908

Bright MLS

APN: 29-00010-0000-00014

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

205 W 27th St, Ship Bottom, NJ

This home is located at 205 W 27th St, Ship Bottom, NJ 08008 since 14 October 2022 and is currently estimated at $1,208,940, approximately $785 per square foot. This property was built in 1940. 205 W 27th St 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.

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