NOT LISTED FOR SALE

Estimated Value: $1,020,000 - $1,192,000

-- Bed
2 Baths
1,056 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold December 26, 2014

Last sale price $450,000 $426 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $6,592/month

74 Days on Market

Highlights

  • Bayside
  • Wood Flooring
  • Detached Garage
  • Deck
  • No HOA
  • Outdoor Shower

About This Home

As of December 2014

Here is your opportunity for a great buy on LBI! Well maintained bayside duplex featuring two 2BR units on a 50x100 lot with an oversized detached garage. First floor unit features hardwood floors, forced hot air heat and central air and is ready for year round use. This duplex has vinyl siding, replacement windows and a newer deck on the second floor. There was no water in the house from Sandy.

Last Agent to Sell the Property

James Dooney

RE/MAX of Long Beach Island* Listed on: 08/22/2014

Co-Listed By

Gina Laird

RE/MAX of Long Beach Island

Last Buyer's Agent

Gina Laird

RE/MAX of Long Beach Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Parking

  • Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Partially Furnished
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk
  • Bayside

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 29-00084-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,158

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1962
  • Remarks Public: Here is your opportunity for a great buy on LBI! Well maintained bayside duplex featuring two 2BR units on a 50x100 lot with an oversized detached garage. First floor unit features hardwood floors, forced hot air heat and central air and is ready for year round use. This duplex has vinyl siding, replacement windows and a newer deck on the second floor. There was no water in the house from Sandy.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Oven/Range - Electric, Refrigerator, Dryer
  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 425.19
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 130400.00
  • Land Assessed Value: 267500.00
  • Lot Features: Level
  • Lot Dimensions: 50x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3076676
  • Tax Annual Amount: 4158.00
  • Assessor Parcel Number: 29-00084-0000-00008
  • Tax Lot: 8
  • Tax Year: 2013
  • Close Date: 12/26/2014

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Dec 26, 2014
Sold by
Mchugh John W and Conover Bette
Bought by
Wohlbach Peter and Wohlbach Luann
Seller's Agent
James Dooney
RE/MAX of Long Beach Island*
Buyer's Agent
Gina Laird
RE/MAX of Long Beach Island
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$1,118,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,062
Avg. Annual Appreciation
8.90%
Original Mortgage
$337,500
Outstanding Balance
$259,934
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$858,128
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 Buyer Sale Price Title Company
Wohlbach Peter $450,000 Sureity Title Agency Coastal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wohlbach Peter $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2014 12/26/14 Sold $450,000 +0.2% $426 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $449,000 -- $425 / 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 $6,000 $497,900 $315,000 $182,900
2024 $5,721 $497,900 $315,000 $182,900
2023 $5,273 $497,900 $315,000 $182,900
2022 $5,273 $497,900 $315,000 $182,900
2021 $5,248 $497,900 $315,000 $182,900
2020 $5,263 $497,900 $315,000 $182,900
2019 $5,268 $497,900 $315,000 $182,900
2018 $5,278 $497,900 $315,000 $182,900
2017 $4,934 $497,900 $315,000 $182,900
2016 $4,405 $397,900 $267,500 $130,400
2015 $4,297 $397,900 $267,500 $130,400
2014 $4,293 $397,900 $267,500 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC219436

Bright MLS

APN: 29-00084-0000-00008