NOT LISTED FOR SALE

Estimated Value: $933,680 - $1,029,000

1 Bed
1 Bath
676 Sq Ft
$1,476/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $535,000 $791 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,002/month

128 Days on Market

Highlights

  • Parking available for a boat
  • Property fronts the bay but unit may not have water views
  • Wood Flooring
  • Open Floorplan
  • Pond
  • Attic

About This Home

As of March 2018

This most perfect Beach Cottage has been beautifully updated and lovingly cared for. This property is made up of 2 - 30 x 100 lots that have been assembled into one very large property. The Cottage is set on the Westerly lot leaving the Easterely lot, front and backyards, available for an oasis of patios, terraces, landscaping, hardscaping, and running water Koi pond. Must be seen to be appreciated. Inside you are welcomed into old world beach charm. New hardwood flooring, vintage large window trim and crown molding, wicker paddle ceiling fans, and a wide open floor plan which includes a fully remodeled kitchen and bath. Outside speaks for itself. One of the most private and relaxing settings on Long Beach Island

Last Listed By

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 08/15/2017

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,067

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 60x100
  • Property fronts the bay but unit may not have water views
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • The property's topography is level

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 676 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Double Hung Windows
  • Window Screens
  • Crawl Space
  • Storm Windows
  • Attic

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Pond
  • Exterior Lighting
  • Storage Shed
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Central Air
  • Radiator
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 13.01
  • Assessor Parcel Number 29-00043-0000-00013-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,067

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Remarks Public: This most perfect Beach Cottage has been beautifully updated and lovingly cared for. This property is made up of 2 - 30 x 100 lots that have been assembled into one very large property. The Cottage is set on the Westerly lot leaving the Easterely lot, front and backyards, available for an oasis of patios, terraces, landscaping, hardscaping, and running water Koi pond. Must be seen to be appreciated. Inside you are welcomed into old world beach charm. New hardwood flooring, vintage large window trim and crown molding, wicker paddle ceiling fans, and a wide open floor plan which includes a fully remodeled kitchen and bath. Outside speaks for itself. One of the most private and relaxing settings on Long Beach Island
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Attic, Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Recessed Lighting
  • Window Features: Double Hung, Screens, Storm
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 676
  • Living Area Sq Ft: 676
  • Price Per Sq Ft: 841.72
  • Above Grade Finished Sq Ft: 676
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 240

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Awning(s), Outbuilding(s), Exterior Lighting, Outside Shower, Lawn Sprinkler, Boat Storage
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Tankless
  • 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

  • Fencing: Partially
  • Improvement Assessed Value: 100000.00
  • Land Assessed Value: 360000.00
  • Land Lease: No
  • Lot Features: Level, Pond
  • Lot Dimensions: 60x100
  • Topography: Level
  • Zoning: SFR
  • Zoning Description: SFR

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075960
  • Tax Annual Amount: 4067.00
  • Assessor Parcel Number: 29-00043-0000-00013-01
  • Tax Lot: 13.01
  • Tax Year: 2016
  • Close Date: 03/16/2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Feb 28, 2018
Sold by
Trout Mark E and Trout Julie
Bought by
Diacont Nancy
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$599,000
Sold Price
$535,000
Premium/Discount to List
-$64,000
-10.68%
Total Days on Market
128
Current Estimated Value
$997,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,920
Avg. Annual Appreciation
9.07%
Original Mortgage
$150,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Trout Mark E
Bought by
Trout Mark E and Trout Julie

Purchase Details

Closed on
Feb 1, 2001
Sold by
Sharp Robert
Bought by
Fosbrook Walter

Range of Values:

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Average Value
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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
Diacont Nancy $529,000 --
Trout Mark E -- None Available
Fosbrook Walter $130,000 --
Fosbrook Walter $130,000 --
Fosbrook Walter $130,000 --
Fosbrook Walter $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diacont Nancy $125,128
Previous Owner Diacont Nancy $150,000
Previous Owner Fosbrook Walter $290,600
Closed Fosbrook Walter $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $535,000 -10.7% $791 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $599,000 -- $886 / 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 $5,319 $462,900 $360,000 $102,900
2023 $4,902 $462,900 $360,000 $102,900
2022 $4,902 $462,900 $360,000 $102,900
2021 $4,879 $462,900 $360,000 $102,900
2020 $4,893 $462,900 $360,000 $102,900
2019 $4,897 $462,900 $360,000 $102,900
2018 $4,827 $455,400 $360,000 $95,400
2017 $4,559 $460,000 $360,000 $100,000
2016 $4,067 $367,400 $295,000 $72,400
2015 $3,968 $367,400 $295,000 $72,400
2014 $3,964 $324,000 $295,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC163860

Bright MLS

APN: 29-00043-0000-00013-01