NOT LISTED FOR SALE

Estimated Value: $733,000 - $930,000

2 Beds
1 Bath
656 Sq Ft
$1,304/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $775,000 $1,181 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,114/month

29 Days on Market

Highlights

  • Contemporary Architecture
  • Multiple cooling system units
  • Hot Water Heating System
  • No HOA
  • Outdoor Shower
  • 1 Car Garage

About This Home

As of January 2024

LBI. Quintessential Bay Block Home. This immaculate charming jewel is move-in ready. The home sits on a 40 x 100 pristine lot which could welcome a massive home with 180 views of the bay and ocean. This home has 2 bedrooms and 1 bath plus a cathedral ceiling in a large living room. The property is located just a short walk from the white sandy beaches of LBI and all the fun activities that make Ship Bottom famous. Let us not forget the Zagat-rated restaurants. The Bay beach is steps away where you can watch the captivating sunsets or the breathtaking sunrise that only a laboriously loved island can provide. It is your time to own a piece of paradise.

Last Agent to Sell the Property

Irene Santoro

RE/MAX at Barnegat Bay License #1434999 Listed on: 11/26/2023

RE/MAX at Barnegat Bay

Last Buyer's Agent

David Cowles

Berkshire Hathaway HomeServices Zack Shore Realtors License #8133142

Berkshire Hathaway HomeServices Zack Shore Realtors

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 656 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Outdoor Shower

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00059-0000-00018

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$3,853

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Mobile Home, Contemporary
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Southern Reg
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • ExteriorOutdoorShower: Yes
  • Cooling Multi Units: Yes
  • Style Mobile Home: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 29-00059-0000-00018

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3853.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Dec 28, 2023
Sold by
Orville W Ostmann Amended W and Orville Restated D
Bought by
Egan Elizabeth
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay
Buyer's Agent
David Cowles
Berkshire Hathaway HomeServices Zack Shore Realtors
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%
Views
48
Current Estimated Value
$855,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,683
Avg. Annual Appreciation
7.17%
Original Mortgage
$581,250
Outstanding Balance
$573,230
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$282,453

Purchase Details

Closed on
Jul 17, 2008
Sold by
Ostmann Orville W and Ostmann Harriet J
Bought by
Amended Orville W Ostmann and Dee Restated
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Egan Elizabeth $775,000 Surety Title
Amended Orville W Ostmann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan Elizabeth $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $775,000 -3.1% $1,181 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/26/2023 11/26/23 For Sale $800,000 0.0% $1,220 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $800,000 -- $1,220 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,180 $363,800 $290,000 $73,800
2023 $3,853 $363,800 $290,000 $73,800
2022 $3,853 $363,800 $290,000 $73,800
2021 $3,834 $363,800 $290,000 $73,800
2020 $3,845 $363,800 $290,000 $73,800
2019 $3,849 $363,800 $290,000 $73,800
2018 $3,856 $363,800 $290,000 $73,800
2017 $3,605 $363,800 $290,000 $73,800
2016 $3,329 $300,700 $240,000 $60,700
2015 $3,240 $300,000 $240,000 $60,000
2014 $3,237 $300,000 $240,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22331748

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00059-0000-00018