$315,000
SOLD JUN 25, 2015
2 Beds
1 Bath
925 Sq Ft
2,004 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

18% Below List Price

73 Days on Market

Highlights

  • Bay View
  • Deck
  • Main Floor Bedroom
  • Bayside
  • Wood Flooring
  • 4-minute walk to Bay View Park

About This Home

As of August 2018

Come and remember the seashore of yesteryear in this original 2 Bedroom/ 1 Bath cottage that provides million dollar views for under $400! This quaint bungalow on a dead end street sits across from the water with full bay views, yet is only 2.5 blocks to the ocean beach. Not all dreams are supersized. A throwback to the simple life at the shore includes wood paneling and exposed beams and a good location that is just steps to the water so you can watch the kids play. There's a 'Bunk Bed Room' on the 1st fl that serves as a 3rd sleeping area. Keep as is or upgrade for your own piece of LBI magic. Never a rental, and first time offered on the sale market.

Last Agent to Sell the Property

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 03/14/2015

Last Buyer's Agent

Charles Perkins

RE/MAX of Long Beach Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 25x80
  • Property is zoned R2, R2

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • Partially Furnished
  • Double Hung Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Cooktop<<rangeHoodToken>>
  • <<builtInMicrowave>>

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk
  • Bayside

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 29-00010-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,610

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1925
  • Remarks Public: Come and remember the seashore of yesteryear in this original 2 Bedroom/ 1 Bath cottage that provides million dollar views for under $400! This quaint bungalow on a dead end street sits across from the water with full bay views, yet is only 2.5 blocks to the ocean beach. Not all dreams are supersized. A throwback to the simple life at the shore includes wood paneling and exposed beams and a good location that is just steps to the water so you can watch the kids play. There's a 'Bunk Bed Room' on the 1st fl that serves as a 3rd sleeping area. Keep as is or upgrade for your own piece of LBI magic. Never a rental, and first time offered on the sale market.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Microwave, Refrigerator, Stove
  • Flooring Type: Vinyl, Wood
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Window Features: Double Hung, Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Room Count: 6
  • Room List: Living Room, Dining Room, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 925
  • Living Area Sq Ft: 925
  • Price Per Sq Ft: 416.22
  • Above Grade Finished Sq Ft: 925
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 210

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • 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
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 58600.00
  • Land Assessed Value: 276000.00
  • Land Lease: No
  • Lot Dimensions: 25x80
  • Outdoor Living Structures: Deck(s)
  • Zoning: R2
  • Zoning Description: R2

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075437
  • Tax Annual Amount: 3610.00
  • Assessor Parcel Number: 29-00010-0000-00004
  • Tax Lot: 4
  • Tax Year: 2014
  • Close Date: 06/25/2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 30, 2018
Sold by
Rizk Louis and Rizk Gloria
Bought by
Oliver Joseph and Kreidler Wendy Michelle
Seller's Agent
Charles Perkins
RE/MAX of Long Beach Island
Buyer's Agent
Curtis Lee
BHHS Zack Shore REALTORS
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$960,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,786
Avg. Annual Appreciation
10.79%
Original Mortgage
$356,000
Outstanding Balance
$313,619
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$607,213

Purchase Details

Listed on
Mar 14, 2015
Closed on
Jun 25, 2015
Sold by
Cotay Susan L and Cotay Susan L
Bought by
Rizk Louis and Rizk Gloria
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Charles Perkins
RE/MAX of Long Beach Island
List Price
$385,000
Sold Price
$315,000
Premium/Discount to List
-$70,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Jul 7, 2006
Sold by
Ashfield Nancy Raver
Bought by
Ashfield Nancy Raver and Cotay Susan L
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 $445,000 Mutual Title
Deed $315,000 Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $455,000 +1.1% $492 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $450,000 +42.9% $486 / Sq Ft
06/25/2015 06/25/15 Sold $315,000 -18.2% $341 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $385,000 -- $416 / 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 $4,319 $375,900 $305,900 $70,000
2023 $3,981 $375,900 $305,900 $70,000
2022 $3,981 $375,900 $305,900 $70,000
2021 $3,962 $375,900 $305,900 $70,000
2020 $3,973 $375,900 $305,900 $70,000
2019 $3,977 $375,900 $305,900 $70,000
2018 $3,898 $367,700 $305,900 $61,800
2017 $3,644 $367,700 $305,900 $61,800
2016 $3,818 $344,900 $276,000 $68,900
2015 $3,725 $344,900 $276,000 $68,900
2014 $3,721 $334,600 $276,000 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC201094

Bright MLS

APN: 29-00010-0000-00004