NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,178,000

2 Beds
1.5 Baths
903 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $800,000 $886 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,015/month

30 Days on Market

Highlights

  • Bay View
  • Bayside
  • Wood Flooring
  • Open Floorplan
  • Coastal Architecture
  • No HOA

About This Home

As of December 2021

245 W 17th Street is your chance to purchase an elevated, turn-key single-family home on Long Beach Island. This classic beach bungalow was elevated above base flood elevation and renovated to include central air conditions, forced hot air heat, a tankless, on-demand water heater, all new plumbing, and electric, hurricane rated windows and doors, upgraded kitchen with granite countertops, a security system, composite decking, PVC siding, a fenced-in yard and partial views of the bay. The home has a reliable rental income during the summer season and is a perfect opportunity to buy in the LBI real estate market at an affordable price point.

Last Listed By

Nathan Colmer

The Van Dyk Group - Long Beach Island Listed on: 09/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1930 | Remodeled in 2015

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Cottage
  • Bungalow
  • Foundation Flood Vent
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 903 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Bar
  • Wainscoting
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Washer
  • Gas Dryer

Pool

  • Outdoor Shower

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00029
  • Assessor Parcel Number 29-00064-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,506

Year Built

Built in 1930 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Coastal, Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-28
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: 245 W 17th Street is your chance to purchase an elevated, turn-key single-family home on Long Beach Island. This classic beach bungalow was elevated above base flood elevation and renovated to include central air conditions, forced hot air heat, a tankless, on-demand water heater, all new plumbing, and electric, hurricane rated windows and doors, upgraded kitchen with granite countertops, a security system, composite decking, PVC siding, a fenced-in yard and partial views of the bay. The home has a reliable rental income during the summer season and is a perfect opportunity to buy in the LBI real estate market at an affordable price point.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater, Water Heater - Tankless
  • Interior Amenities: Bar, Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Wainscotting, Wood Floors
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Total Sq Ft: 903
  • Living Area Sq Ft: 903
  • Price Per Sq Ft: 885.93
  • Above Grade Finished Sq Ft: 903
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 245

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 3506.00
  • Assessor Parcel Number: 29-00064-00029
  • Tax Lot: 00029
  • Tax Total Finished Sq Ft: 903
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/14/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Mcdermott and Donnalisa
Bought by
Raleigh Emily and Mcgeehan Robert H
Total Days on Market
30
Current Estimated Value
$1,006,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$601,747
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$404,718

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 10, 2021
Sold by
Mcdermott and Donnalisa
Bought by
Raleigh Emily and Mcgeehan Robert H
Seller's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
Buyer's Agent
Rosie McGeehan
McGeehan Realty Group, LLC
List Price
$799,999
Sold Price
$800,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$640,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2018
Closed on
Oct 12, 2018
Sold by
Heilner Allen and Heilner Christine
Bought by
Mcdermott Chrles J and Mcdermott Donna Lisa
Seller's Agent
Donna Diorio
BHHS Zack Shore REALTORS
Buyer's Agent
Donna Diorio
BHHS Zack Shore REALTORS
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.16%
Original Mortgage
$340,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Oct 28, 2013
Sold by
Distefano Joseph F
Bought by
Heilner Allen and Heilner Christine
Seller's Agent
Christopher Irvin
BHHS Zack Shore REALTORS
Buyer's Agent
GENE DIMODICA
Stevens Real Estate
List Price
$429,900
Sold Price
$320,000
Premium/Discount to List
-$109,900
-25.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$232,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2007
Sold by
Distefano Joseph F
Bought by
Distefano Joseph F

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
Raleigh Emily $800,000 Fidelity National Title
Raleigh Emily $800,000 Fidelity National Title
Mcdermott Chrles J $425,000 Surety Title
Heilner Allen $320,000 None Available
Distefano Joseph F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raleigh Emily $640,000
Previous Owner Mcdermott Charles J $430,000
Previous Owner Mcdermott Chrles J $340,000
Previous Owner Heilner Allen $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $800,000 0.0% $886 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $799,999 +88.2% $886 / Sq Ft
10/19/2018 10/19/18 Sold $425,000 0.0% $471 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $425,000 +32.8% $471 / Sq Ft
10/28/2013 10/28/13 Sold $320,000 -25.6% $354 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $429,900 -- $476 / 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 $4,902 $426,600 $250,100 $176,500
2023 $4,518 $426,600 $250,100 $176,500
2022 $4,518 $426,600 $250,100 $176,500
2021 $4,494 $426,600 $250,100 $176,500
2020 $3,506 $331,700 $250,100 $81,600
2019 $3,509 $331,700 $250,100 $81,600
2018 $3,516 $331,700 $250,100 $81,600
2017 $3,287 $331,700 $250,100 $81,600
2016 $3,060 $276,400 $207,000 $69,400
2015 $2,985 $276,400 $207,000 $69,400
2014 $2,982 $276,400 $207,000 $69,400
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJOC2003348

Bright MLS

APN: 29-00064-0000-00029