NOT LISTED FOR SALE

Estimated Value: $1,059,111 - $1,473,000

-- Bed
3 Baths
1,918 Sq Ft
$660/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $480,000 $250 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $7,168/month

54 Days on Market

Highlights

  • Second Kitchen
  • Dual Staircase
  • Deck
  • Open Floorplan
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of January 2020

This home is located at 216 W 18th St, Ship Bottom, NJ 08008 since 10 October 2019 and is currently estimated at $1,266,028, approximately $660 per square foot. This property was built in 1940. 216 W 18th 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.

Last Agent to Sell the Property

Gregory Kincaid

(856) 982-8529 greg@localguy.com RE/MAX ONE Realty-Moorestown License #8840634 Listed on: 10/10/2019

RE/MAX ONE Realty-Moorestown

Last Buyer's Agent

Gregory Kincaid

(856) 982-8529 greg@localguy.com RE/MAX ONE Realty-Moorestown License #8840634 Listed on: 10/10/2019

RE/MAX ONE Realty-Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 1940

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Infill Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • En-Suite Bathroom
  • 1,918 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Efficiency Studio
  • Attic Fan

Kitchen

  • Country Kitchen
  • Second Kitchen

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • 60 Gallon+ Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Deck

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 29-00054-00006

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ship Bottom Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,084

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: all furniture and appliances
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Interior Amenities: 2nd Kitchen, Additional Stairway, Attic/House Fan, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Efficiency, Floor Plan - Open, Kitchen - Country, Primary Bath(s), Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: No
  • Total Sq Ft: 1918
  • Living Area Sq Ft: 1918
  • Price Per Sq Ft: 286.76
  • Above Grade Finished Sq Ft: 1918
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 189600.00
  • Land Assessed Value: 290000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R2

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Furnished: All
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 3076121
  • Tax Annual Amount: 5084.00
  • Assessor Parcel Number: 29-00054-00006
  • Tax Lot: 00006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 6, 2020
Sold by
Macfadyen Carol May
Bought by
Rahn Douglas and Rahn Robyn
Seller's Agent
Gregory Kincaid
RE/MAX ONE Realty-Moorestown
Buyer's Agent
Gregory Kincaid
RE/MAX ONE Realty-Moorestown
List Price
$575,000
Sold Price
$480,000
Premium/Discount to List
-$95,000
-16.52%
Current Estimated Value
$1,266,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,028
Avg. Annual Appreciation
17.90%
Original Mortgage
$360,000
Outstanding Balance
$318,074
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$947,954

Purchase Details

Closed on
Dec 12, 1986
Bought by
Macfadyen Wallace W and Carol May
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rahn Douglas $480,000 None Available
Macfadyen Wallace W $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahn Douglas $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $480,000 -12.7% $250 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $550,000 -4.3% $287 / Sq Ft
10/10/2019 10/10/19 For Sale $575,000 -- $300 / 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 $5,779 $479,600 $290,000 $189,600
2024 $5,511 $479,600 $290,000 $189,600
2023 $5,079 $479,600 $290,000 $189,600
2022 $5,079 $479,600 $290,000 $189,600
2021 $5,055 $479,600 $290,000 $189,600
2020 $5,069 $479,600 $290,000 $189,600
2019 $5,074 $479,600 $290,000 $189,600
2018 $5,084 $479,600 $290,000 $189,600
2017 $4,753 $479,600 $290,000 $189,600
2016 $4,210 $380,300 $240,000 $140,300
2015 $4,107 $380,300 $240,000 $140,300
2014 $4,103 $380,300 $240,000 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC391516

Bright MLS

APN: 29-00054-0000-00006