NOT LISTED FOR SALE

230 W 18th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,032,000 - $1,843,000

0.14 Acre
$10,375,703 Price per Acre
6,011 Sq Ft Lot

Last Sold August 16, 2016

Last sale price $425,000 $454 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $8,341/month

About This Lot

As of August 2016

Great Bayside lot 60x100.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673 Listed on: 05/22/2016

Freeman & Company Real Estate

Last Buyer's Agent

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673 Listed on: 05/22/2016

Freeman & Company Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,242

Lot Details

Location

  • Flood Risk
  • Bayside
  • Landlocked Lot

Additional Features

  • Lot Dimensions are 60x100
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 29-00054-0000-00009

Property Details

Property Type

Land

Est. Annual Taxes

$4,242

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 7500.00
  • Lot Features: Landlocked
  • Lot Dimensions: 60x100
  • Zoning: SFR
  • Zoning Description: sfr

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076124
  • Tax Annual Amount: 4242.00
  • Assessor Parcel Number: 29-00054-0000-00009
  • Tax Lot: 9
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2016
Closed on
Aug 12, 2016
Sold by
Heins Michelle M
Bought by
Werner Eugene C and Werner Joan P
Seller's Agent
Edward Freeman Sr
Freeman & Company Real Estate
Buyer's Agent
Edward Freeman Sr
Freeman & Company Real Estate
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$1,425,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000,440
Avg. Annual Appreciation
13.89%
Original Mortgage
$260,000
Outstanding Balance
$217,010
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,214,837

Purchase Details

Closed on
Jul 11, 2014
Sold by
Farmore Realty Inc
Bought by
Heins Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 27, 2013
Closed on
Aug 2, 2013
Sold by
Vecchio Mary C
Bought by
Farmore Realty Inc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Carol Eisenberg
Bayshore Agency-Ship Bottom
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Werner Eugene C $400,000 --
Heins Michelle M $275,000 Agent For Old Republic Natl
Farmore Realty Inc $280,000 Agent For Old Republic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Eugene C $260,000
Previous Owner Heins Michelle M $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2016 08/16/16 Sold $425,000 0.0% $454 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
05/22/2016 05/22/16 For Sale $425,000 +51.8% $454 / Sq Ft
08/06/2013 08/06/13 Sold $280,000 -11.1% $299 / Sq Ft View Prior Sale
07/03/2013 07/03/13 Pending -- -- --
05/27/2013 05/27/13 For Sale $315,000 -- $337 / 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 $10,112 $839,200 $360,000 $479,200
2024 $9,642 $839,200 $360,000 $479,200
2023 $8,657 $817,500 $360,000 $457,500
2022 $8,657 $817,500 $360,000 $457,500
2021 $8,616 $817,500 $360,000 $457,500
2020 $8,641 $817,500 $360,000 $457,500
2019 $8,649 $817,500 $360,000 $457,500
2018 $8,666 $817,500 $360,000 $457,500
2017 $3,568 $360,000 $360,000 $0
2016 $3,349 $302,500 $295,000 $7,500
2015 $4,242 $392,800 $295,000 $97,800
2014 $4,238 $392,800 $295,000 $97,800
Source: Public Records

Agents Affiliated with this Home

  • Edward Freeman Sr

    Seller's Agent in 2016

    Edward Freeman Sr

    Freeman & Company Real Estate

    (609) 661-5002

    325 in this area

    392 Total Sales

    Edward Freeman Sr
    Section Image

  • C

    Buyer's Agent in 2013

    Carol Eisenberg

    Bayshore Agency-Ship Bottom

See All Agents

Map

Source: Bright MLS

MLS Number: NJOC182454

Bright MLS

APN: 29-00054-0000-00009

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

230 W 18th St, Ship Bottom, NJ

Not Listed for Sale

Lots

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