NOT LISTED FOR SALE

Estimated Value: $318,000 - $430,000

1 Bed
1 Bath
341 Sq Ft
$1,077/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $180,000 $528 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,216/month

330 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Beach
  • Main Floor Bedroom
  • Beach
  • Bay View
  • 4-minute walk to Bay View Park

About This Home

As of April 2017

Want to own a piece of a bay beach on LBI? This one bedroom condo sits across from the bay with a private beach for the four units in the association. Not everyone needs a McMansion, but everyone would like a beach! The first floor unit has been all redone tip to toe. Sq footage does not include the front porch, so additional space to sit and enjoy views. New floors, appliances, paint, wiring, etc. A small front porch faces the bay and your beach. Bring your beach chair and read to the lapping of the water on the sand, launch a kayak or drop a crab trap, all from your private bay beach. This turn key condo is a unique opportunity for anyone looking to experience Island ownership. This is the most affordable full water view property on LBI. And you are just 2 blocks to the ocean. Tasteful decor, this condo is available to use all year as they do not shut down for the winter. Bay views, patch of beach and a remodeled condo all under $200,000! A rare and special find on LBI.,Outdoor Shower and shed are shared with other three units. Both first floor units are same size with porch as additional sq. footage.

Last Listed By

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 03/03/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 50x80
  • 50 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • 1 Common Wall

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 341 Sq Ft Home
  • Window Treatments
  • Vinyl Flooring
  • Bay Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Storage Shed
  • Porch

Location

  • Flood Risk

Utilities

  • Multiple cooling system units
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 29-00010-0000-00005-0000-C.01

Community Details

Overview

  • Property has a Home Owners Association
  • Ship Bottom Subdivision

Recreation

  • Beach

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,620

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Remarks Public: Want to own a piece of a bay beach on LBI? This one bedroom condo sits across from the bay with a private beach for the four units in the association. Not everyone needs a McMansion, but everyone would like a beach! The first floor unit has been all redone tip to toe. Sq footage does not include the front porch, so additional space to sit and enjoy views. New floors, appliances, paint, wiring, etc. A small front porch faces the bay and your beach. Bring your beach chair and read to the lapping of the water on the sand, launch a kayak or drop a crab trap, all from your private bay beach. This turn key condo is a unique opportunity for anyone looking to experience Island ownership. This is the most affordable full water view property on LBI. And you are just 2 blocks to the ocean. Tasteful decor, this condo is available to use all year as they do not shut down for the winter. Bay views, patch of beach and a remodeled condo all under $200,000! A rare and special find on LBI.,Outdoor Shower and shed are shared with other three units. Both first floor units are same size with porch as additional sq. footage.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Refrigerator
  • Flooring Type: Vinyl
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Window Features: Storm
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Foundation Details: Crawl Space
  • Room Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 341
  • Living Area Sq Ft: 341
  • Price Per Sq Ft: 542.52
  • Above Grade Finished Sq Ft: 341
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 214

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower, Private Beach
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Multi Units
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 62400.00
  • Land Assessed Value: 87600.00
  • Lot Dimensions: 50x80
  • Outdoor Living Structures: Porch(es)
  • Zoning: R2
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5810690
  • Tax Annual Amount: 1620.00
  • Assessor Parcel Number: 29-00010-0000-00005-0000-C.01
  • Tax Lot: 5
  • Tax Year: 2015
  • Close Date: 04/03/2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2010
Sold by
Micciche Jerry and Micciche Melissa A
Bought by
Breitling John D and Breitling Penni R
Total Days on Market
330
Current Estimated Value
$367,376

Purchase Details

Closed on
Apr 24, 2008
Sold by
Mcnamara Jeanne
Bought by
Micciche Jerry and Micciche Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Breitling John D $193,000 Multiple
Micciche Jerry $150,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazzella Lisa $134,000
Previous Owner Micciche Jerry $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $180,000 -9.5% $528 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
03/03/2016 03/03/16 For Sale $199,000 -- $584 / 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 $2,033 $176,900 $121,800 $55,100
2023 $1,873 $176,900 $121,800 $55,100
2022 $1,873 $176,900 $121,800 $55,100
2021 $1,729 $176,900 $121,800 $55,100
2020 $1,870 $176,900 $121,800 $55,100
2019 $1,872 $176,900 $121,800 $55,100
2018 $1,875 $176,900 $121,800 $55,100
2017 $1,753 $176,900 $121,800 $55,100
2016 $1,661 $150,000 $87,600 $62,400
2015 $1,620 $150,000 $87,600 $62,400
2014 $1,619 $150,000 $87,600 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC186420

Bright MLS

APN: 29-00010-0000-00005-0000-C.01