NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,317,000

3 Beds
2 Baths
1,400 Sq Ft
$827/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $610,000 $436 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,005/month

48 Days on Market

Highlights

  • Parking available for a boat
  • Dual Staircase
  • Property fronts the bay but unit may not have water views
  • Bay View
  • Deck
  • 1-minute walk to Bay View Park

About This Home

As of March 2019

Views from every room in this raised pristine home located step from the bay and ocean. Home features: Elevator, open floor plan, central air, 3 bedrooms, one office (the possible 3rd), 2 full baths, hardwood flooring, 2 car garage or 1 play area and decks. The home has been completely renovated and offers an excellent rental future for a sound investment. Just a two minute walk to one of LBI most famous cozy coves. A water sports paradise, from kayaks to jet skis, it?s your choice for some fun in the sun. At night this cove offers an awesome sunset and a cozy sitting area to enjoy your coffee or wine. During the day the beach is a just a stone?s throw away. From sunrise to sunsets this home truly is the best of both worlds. Just pack your bags and move in to this adorable sparkling home and start enjoying the beach! This affordable oasis won?t last long on LBI.!!

Last Agent to Sell the Property

Irene Santoro

RE/MAX at Barnegat Bay - Ship Bottom Listed on: 11/17/2018

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Eileen Hessel

Coastal Living Real Estate Group License #8545003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 30x80
  • Property fronts the bay but unit may not have water views
  • Property is zoned OR, OR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Partially Furnished
  • Dual Staircase
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Bay Views
  • Built-In Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Baseboard Heater

Additional Features

  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 29-00031-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,198

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Remarks Public: Views from every room in this raised pristine home located step from the bay and ocean. Home features: Elevator, open floor plan, central air, 3 bedrooms, one office (the possible 3rd), 2 full baths, hardwood flooring, 2 car garage or 1 play area and decks. The home has been completely renovated and offers an excellent rental future for a sound investment. Just a two minute walk to one of LBI most famous cozy coves. A water sports paradise, from kayaks to jet skis, it?s your choice for some fun in the sun. At night this cove offers an awesome sunset and a cozy sitting area to enjoy your coffee or wine. During the day the beach is a just a stone?s throw away. From sunrise to sunsets this home truly is the best of both worlds. Just pack your bags and move in to this adorable sparkling home and start enjoying the beach! This affordable oasis won?t last long on LBI.!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Built-In Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Additional Stairway, Window Treatments, Ceiling Fan(s), Elevator
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Room Count: 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 456.43
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2310

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Boat Storage
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • 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
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 207500.00
  • Land Assessed Value: 230100.00
  • Lot Dimensions: 30x80
  • Outdoor Living Structures: Deck(s)
  • Zoning: OR
  • Zoning Description: OR

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075777
  • Tax Annual Amount: 4198.00
  • Assessor Parcel Number: 29-00031-0000-00009
  • Tax Lot: 9
  • Tax Year: 2017
  • Close Date: 03/08/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2018
Closed on
Jan 29, 2019
Sold by
Esposito David G and Esposito Gail P
Bought by
Gartland Matthew J and Gartland Catherine
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Eileen Hessel
Coastal Living Real Estate Group
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%
Current Estimated Value
$1,210,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,456
Original Mortgage
$457,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Kilpatrick Kenneth A
Bought by
Kilpatrick David Hugh

Purchase Details

Closed on
Aug 11, 1997
Sold by
Maccotter Sean and Maccotter Hugh B
Bought by
Esposito David G and Esposito Gail P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
7.38%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1993
Sold by
Cauff Rusling
Bought by
Maccotter Hugh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7%
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
Gartland Matthew J $610,000 American Abstract Agency Llc
Kilpatrick David Hugh $225,000 None Available
Esposito David G $142,750 --
Maccotter Hugh B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gartland Matthew $455,000
Closed Gartland Matthew J $457,500
Previous Owner Esposito David G $363,437
Previous Owner Esposito David G $59,200
Previous Owner Esposito David G $381,372
Previous Owner Esposito David G $391,500
Previous Owner Esposito David G $315,000
Previous Owner Esposito David G $141,300
Previous Owner Maccotter Hugh B $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $610,000 -4.5% $436 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
11/17/2018 11/17/18 For Sale $639,000 -- $456 / 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 $4,520 $393,400 $230,100 $163,300
2023 $4,634 $393,400 $230,100 $163,300
2022 $4,634 $437,600 $230,100 $207,500
2021 $4,612 $437,600 $230,100 $207,500
2020 $4,625 $437,600 $230,100 $207,500
2019 $4,630 $437,600 $230,100 $207,500
2018 $4,639 $437,600 $230,100 $207,500
2017 $4,198 $423,600 $230,100 $193,500
2016 $3,768 $340,400 $190,400 $150,000
2015 $3,676 $340,400 $190,400 $150,000
2014 $3,673 $317,900 $190,400 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC146808

Bright MLS

APN: 29-00031-0000-00009