Seller's Agent in 2012
Dennis O'Brien
RE/MAX
(561) 400-0816
25 in this area
61 Total Sales
2318 S Bay Ave Beach Haven, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $1,816,413 - $1,971,000
--
Bed
2
Baths
1,932
Sq Ft
$970/Sq Ft
Est. Value
Highlights
- Bayside
- Deck
- Corner Lot
- Beach Haven School Rated A-
- Park or Greenbelt View
- No HOA
About This Home
As of July 2012"Shore Feeling" - Consisting of 3 spacious bedrooms, 2 full baths on the second floor and 3 bedrooms, 1.5 baths on the first floor this Long Beach Island DUPLEX "beach house" built in 1950 has that shore feeling. Just 4 houses from an awesome, fine grain, white sand beach and steps to the playground just beyond the backyard makes this an ideal location. Located far enough from the center of Beach Haven yet close enough to shopping, dining, miniture golf, amusements and many of lifes little pleasures. With the many upgrades such as the remodeled kitchens, newer roof, upgraded plumbing, etc. you can move in and make this your LBI beach home! The investor will find the excellent rental income and history appealing with a gross rental income of approximately $30,000. If you appreciate old school beach charm put this on your list as a must-see.
Last Agent to Sell the Property
(561) 400-0816 lbidennis@comcast.net RE/MAX of Long Beach Island License #9913735 Listed on: 10/18/2011
Last Buyer's Agent
(609) 713-4164 listwithmaryann@lbihomevalues.com RE/MAX at Barnegat Bay - Ship Bottom
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,841
Year Built
- Built in 1950
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 60 x 100
- Partially Fenced Property
- Corner Lot
- Level Lot
- The property's topography is level
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,932 Sq Ft Home
- Partially Furnished
- Ceiling Fan
- Double Hung Windows
- Window Screens
- Park or Greenbelt Views
- Crawl Space
- Storm Doors
Kitchen
- Electric Oven or Range
- Built-In Microwave
Flooring
- Wall to Wall Carpet
- Laminate
Laundry
- Dryer
- Washer
Parking
- Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
- Storage Shed
Location
- Flood Risk
- Bayside
Schools
- Southern Regional Middle School
- Southern Regional High School
Community Details
- No Home Owners Association
- 2 Units
- 2-Story Building
- Beach Haven Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 0400015000000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2011
Closed on
Jul 16, 2012
Sold by
Cosgriff Sean T and Cosgriff Diane M
Bought by
Lbi Doamm Llc
Seller's Agent
Dennis O'Brien
RE/MAX of Long Beach Island
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$649,000
Sold Price
$556,000
Premium/Discount to List
-$93,000
-14.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,317,353
Avg. Annual Appreciation
9.60%
Original Mortgage
$444,800
Outstanding Balance
$306,166
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,567,187
Purchase Details
Closed on
May 9, 2001
Sold by
Robinson Diane
Bought by
Cosgriff Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.03%
Purchase Details
Closed on
Nov 15, 1994
Sold by
Elmendorf Robert
Bought by
Robinson Roger and Robinson Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lbi Doamm Llc | $556,000 | None Available | |
| Cosgriff Diane | $410,000 | -- | |
| Cosgriff Diane | $410,000 | -- | |
| Robinson Roger | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lbi Doamm Llc | $444,800 | |
| Previous Owner | Cosgriff Diane | $310,000 | |
| Previous Owner | Robinson Roger | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2012 07/18/12 | Sold | $556,000 | -14.3% | $288 / Sq Ft |
| 06/06/2012 06/06/12 | Pending | -- | -- | -- |
| 10/18/2011 10/18/11 | For Sale | $649,000 | -- | $336 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $10,304 | $785,400 | $577,000 | $208,400 |
| 2024 | $9,511 | $785,400 | $577,000 | $208,400 |
| 2023 | $8,836 | $785,400 | $577,000 | $208,400 |
| 2022 | $8,836 | $785,400 | $577,000 | $208,400 |
| 2021 | $8,616 | $785,400 | $577,000 | $208,400 |
| 2020 | $8,804 | $785,400 | $577,000 | $208,400 |
| 2019 | $8,553 | $785,400 | $577,000 | $208,400 |
| 2018 | $8,851 | $785,400 | $577,000 | $208,400 |
| 2017 | $8,451 | $785,400 | $577,000 | $208,400 |
| 2016 | $9,348 | $705,000 | $462,000 | $243,000 |
| 2015 | $8,946 | $705,000 | $462,000 | $243,000 |
| 2014 | $8,460 | $543,900 | $462,000 | $81,900 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis O'Brien
-
Mary Ann O'Shea
Buyer's Agent in 2012
Mary Ann O'Shea
RE/MAX
(609) 713-4164
101 in this area
130 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC220190
APN: 04-00015-0000-00001
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