$460,000
SOLD NOV 25, 2013
2 Beds
1 Bath
498 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$924 Per Sq Ft

8% Below List Price

36 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Wood Flooring
  • Enclosed Patio or Porch
  • Bay View
  • No HOA
  • Bungalow

About This Home

As of April 2017

Great opportunity for a waterfont buyer without the waterfront price! Note: there are two seperately deeded lots here being sold together. The main lot houses an older LBI original bungalow on a large 70 x 80 ft lot. The structure itself has 6 total rooms with two bedrooms and one bath. It has been gutted down to the studs and treated for mold remediation. In addition, there is a smaller 20 x 100 ft parcel of bayfront land directly across the street providing access to the sheltered cove overlooking the Spray Beach Yacht Club. There is a new bulkhead and ladder in place on this lot. Just seconds by boat the the Inter-coastal waterway. Conveniently located near to local award winning restaurants, lifeguarded beach, and center of Beach Haven for all of your shopping, dining, and entertainment needs. Park the car and walk or bike everywhere.New construction from this location will provide sprawling bay views and combined with the convenience of the waterfront lot, is an opportunit,y just too good to pass up.

Last Agent to Sell the Property

Robert Romanowski

The Van Dyk Group - Long Beach Island Listed on: 10/10/2013

Last Buyer's Agent

Edward Kohlmeir

Newbern Realty Company License #TREND:SKOHLMED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,819

Year Built

  • Built in 1936

Lot Details

  • Lot Dimensions are 70 x 80
  • 20 Feet of Waterfront
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level
  • Property is in below average condition
  • Property is zoned R-50, R-50

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 498 Sq Ft Home
  • Property has 1 Level
  • Double Hung Windows
  • Wood Flooring
  • Bay Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Bulkhead
  • Enclosed Patio or Porch

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • Spray Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 18-00005-02-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,819

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Exclusions: All personal contents in house.
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1936
  • Remarks Public: Great opportunity for a waterfont buyer without the waterfront price! Note: there are two seperately deeded lots here being sold together. The main lot houses an older LBI original bungalow on a large 70 x 80 ft lot. The structure itself has 6 total rooms with two bedrooms and one bath. It has been gutted down to the studs and treated for mold remediation. In addition, there is a smaller 20 x 100 ft parcel of bayfront land directly across the street providing access to the sheltered cove overlooking the Spray Beach Yacht Club. There is a new bulkhead and ladder in place on this lot. Just seconds by boat the the Inter-coastal waterway. Conveniently located near to local award winning restaurants, lifeguarded beach, and center of Beach Haven for all of your shopping, dining, and entertainment needs. Park the car and walk or bike everywhere.New construction from this location will provide sprawling bay views and combined with the convenience of the waterfront lot, is an opportunit,y just too good to pass up.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Entry Level Bedroom
  • Window Features: Double Hung
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 498
  • Living Area Sq Ft: 498
  • Price Per Sq Ft: 1002.01
  • Above Grade Finished Sq Ft: 498
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Lot Features: Bulkheaded, Level
  • Lot Dimensions: 70 x 80
  • Outdoor Living Structures: Enclosed
  • Property Condition: Below Average, Major Rehab Needed
  • Topography: Level
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4819.00
  • Assessor Parcel Number: 18-00005-02-00002
  • Tax Lot: 2
  • Tax Year: 2012
  • Close Date: 11/25/2013

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Apr 3, 2017
Sold by
Decerbo David and Decerbo Debra A
Bought by
Fay Francis Alousius and Occhipinti Emily Jean
Seller's Agent
Gavin Hodgson
Island Realty-Surf City
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$999,000
Sold Price
$985,000
Premium/Discount to List
-$14,000
-1.4%
Current Estimated Value
$2,253,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,181
Avg. Annual Appreciation
10.35%
Original Mortgage
$788,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2015
Closed on
Jun 17, 2015
Sold by
Watchung Development Group Llc
Bought by
Decerbo David and Decerbo Debra A
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$949,500
Sold Price
$885,000
Premium/Discount to List
-$64,500
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$708,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2013
Closed on
Nov 25, 2013
Sold by
Root Anna B and Golon Helen
Bought by
Watchung Development Group
Seller's Agent
Robert Romanowski
The Van Dyk Group - Long Beach Island
Buyer's Agent
Edward Kohlmeir
Newbern Realty Company
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.31%
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 $985,000 Fidelity National Title
Deed $885,000 American Abstract Agency Inc
Bargain Sale Deed $460,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,000 New Conventional
Closed $79,587 New Conventional
Closed $93,000 Unknown
Closed $788,000 New Conventional
Previous Owner $708,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2017 04/04/17 Sold $985,000 -1.4% $469 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $999,000 +12.9% $476 / Sq Ft
06/24/2015 06/24/15 Sold $885,000 -6.8% $421 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $949,500 +106.4% $452 / Sq Ft
11/25/2013 11/25/13 Sold $460,000 -7.8% $924 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $499,000 -- $1,002 / 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 $11,016 $1,241,900 $621,500 $620,400
2023 $10,333 $1,241,900 $621,500 $620,400
2022 $10,333 $1,241,900 $621,500 $620,400
2021 $10,010 $1,241,900 $621,500 $620,400
2020 $9,627 $968,500 $504,000 $464,500
2019 $9,550 $952,100 $504,000 $448,100
2018 $9,264 $952,100 $504,000 $448,100
2017 $9,239 $944,700 $504,000 $440,700
2016 $9,333 $946,600 $504,000 $442,600
2015 $9,324 $504,000 $504,000 $0
2014 $5,191 $540,200 $504,000 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC236180

Bright MLS

APN: 18-00005-02-00002