NOT LISTED FOR SALE

Estimated Value: $2,344,000 - $3,181,000

5 Beds
2.5 Baths
2,688 Sq Ft
$1,054/Sq Ft Est. Value

Last Sold November 11, 2015

Last sale price $999,000 $372 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $16,395/month

Highlights

  • Building is oceanfront but unit may not have water views
  • Deck
  • Main Floor Bedroom
  • Open Floorplan
  • Contemporary Architecture
  • No HOA

About This Home

As of November 2015

RARE OPPORTUNITY! While only 4 homes off the ocean, this charming contemporary is located on a 60x100 lot on a quiet street?perfect location to build your dazzlingly new beach home with southwest exposure! With over $60k in income, along with a good rental history, 5 brms, 2.5 bths and 2688 liv sf, this money maker is a good investment for the enterprising person! Open the door to a spacious and inviting living room with two open informal gathering areas. The efficiently designed kitchen with breakfast bar and pantry offers ample storage and counter space. Feast in a dining room that works for two or ten and opens onto large decking to expand leisure activities to the out of doors. The fenced tree-lined backyard is perfect on those hot sunny days with large decking for those family barbecues, along with room for a pool! (Cont'd) (FEATURES LIST ATTACHED!),Suite Retreat?the main suite located on 1st level offers privacy, along with adjoining bath for convenience. The upstairs party/media room complete with built-in shelving and access to two fiberglass decks will be the center of your entertaining pleasures. Overnight success for family and friends in these 4 bedrooms on 2nd level?plenty of space for sleep, storage and play. From income, quality and location, to building your new beach home, dreams do come true?let us show you how! Call today! (FEATURES LIST ATTACHED)

Last Agent to Sell the Property

Mary Ann O'Shea

(609) 713-4164 listwithmaryann@lbihomevalues.com RE/MAX at Barnegat Bay - Ship Bottom Listed on: 09/30/2015

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Sean Adams

(609) 709-4482 seanadams@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #9481468

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,047

Lot Details

  • Lot Dimensions are 60x100
  • Building is oceanfront but unit may not have water views
  • Partially Fenced Property
  • Property is zoned RA, ra

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Contemporary Architecture
  • Foundation Flood Vent
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting
  • Storage Shed
  • Outdoor Grill

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

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

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 32-00041-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,047

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 9999
  • Remarks Public: RARE OPPORTUNITY! While only 4 homes off the ocean, this charming contemporary is located on a 60x100 lot on a quiet street?perfect location to build your dazzlingly new beach home with southwest exposure! With over $60k in income, along with a good rental history, 5 brms, 2.5 bths and 2688 liv sf, this money maker is a good investment for the enterprising person! Open the door to a spacious and inviting living room with two open informal gathering areas. The efficiently designed kitchen with breakfast bar and pantry offers ample storage and counter space. Feast in a dining room that works for two or ten and opens onto large decking to expand leisure activities to the out of doors. The fenced tree-lined backyard is perfect on those hot sunny days with large decking for those family barbecues, along with room for a pool! (Cont'd) (FEATURES LIST ATTACHED!),Suite Retreat?the main suite located on 1st level offers privacy, along with adjoining bath for convenience. The upstairs party/media room complete with built-in shelving and access to two fiberglass decks will be the center of your entertaining pleasures. Overnight success for family and friends in these 4 bedrooms on 2nd level?plenty of space for sleep, storage and play. From income, quality and location, to building your new beach home, dreams do come true?let us show you how! Call today! (FEATURES LIST ATTACHED)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Built-In Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Laminated, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Pantry, Recessed Lighting
  • Window Features: Bay/Bow, Double Hung, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space, Flood Vent
  • Levels Count: 2
  • Room Count: 12
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 390.63
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Multi Units
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • 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

  • Fencing: Partially
  • Improvement Assessed Value: 173100.00
  • Land Assessed Value: 667800.00
  • Lot Dimensions: 60x100
  • Outdoor Living Structures: Deck(s)
  • Zoning: RA
  • Zoning Description: ra

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3094320
  • Tax Annual Amount: 8047.00
  • Assessor Parcel Number: 32-00041-0000-00009
  • Tax Lot: 9
  • Tax Year: 2015
  • Close Date: 11/11/2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Nov 8, 2015
Sold by
Schill Raymond and Schill Michael
Bought by
Mulligan Michael and Mulligan Jacqueline
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Sean Adams
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%
Current Estimated Value
$2,833,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,834,556
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Oct 14, 2005
Bought by
Schill Raymond and Schill Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.79%
Mortgage Type
Unknown
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
Mulligan Michael $995,000 Westcor Land Title Insurance
Mulligan Michael $999,000 Prestige Title Agency Inc
Schill Raymond $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schill Raymond $307,500
Previous Owner Schill Raymond $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2015 11/11/15 Sold $999,000 -4.9% $372 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $1,050,000 -- $391 / 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 $16,287 $1,590,800 $787,500 $803,300
2024 $15,694 $1,561,600 $787,500 $774,100
2023 $15,304 $1,561,600 $787,500 $774,100
2022 $15,304 $1,561,600 $787,500 $774,100
2021 $14,037 $1,561,600 $787,500 $774,100
2020 $13,633 $1,561,600 $787,500 $774,100
2019 $13,602 $1,561,600 $787,500 $774,100
2018 $13,691 $1,348,900 $667,800 $681,100
2017 $6,865 $667,800 $667,800 $0
2016 $8,441 $841,600 $667,800 $173,800
2015 $8,089 $840,900 $667,800 $173,100
2014 $8,047 $840,900 $667,800 $173,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC191990

Bright MLS

APN: 32-00041-0000-00009