NOT LISTED FOR SALE

Estimated Value: $1,173,000 - $1,705,000

5 Beds
3 Baths
3,150 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $750,000 $238 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,600/month

277 Days on Market

Highlights

  • Bay View
  • Colonial Architecture
  • Property fronts the bay but unit may not have water views
  • Open Floorplan
  • Deck
  • 3-minute walk to Bay View Park

About This Home

As of May 2020

All the charm of LBI past updated for modern day living. Beautiful 1920's Coastal New England Style Colonial w/ tremendous bay views in a quiet section of Ship Bottom. Completely Renovated in 2015, this 5 bedroom 3.5 bath home is only a short walk to the beach and has sweeping bay views both from inside the house as well as from the decks and features a large open plan concept. Features include original wide plank hardwood throughout, updated kitchen with custom cabinets and stainless steel appliances, all brand new bathrooms, a finished attic, and an outdoor wet bar and grill. Wonderful front porch plus rear decks on ground level as well as 2nd floor. The beautifully landscaped backyard offers privacy and is perfect for entertaining.

Last Listed By

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 08/01/2019

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,995

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Property fronts the bay but unit may not have water views
  • Corner Lot
  • Level Lot
  • The property's topography is level

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 3,150 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Recessed Lighting
  • Casement Windows
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Exterior Lighting
  • Storage Shed
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 29-00040-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,995

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1920
  • Remarks Public: All the charm of LBI past updated for modern day living. Beautiful 1920's Coastal New England Style Colonial w/ tremendous bay views in a quiet section of Ship Bottom. Completely Renovated in 2015, this 5 bedroom 3.5 bath home is only a short walk to the beach and has sweeping bay views both from inside the house as well as from the decks and features a large open plan concept. Features include original wide plank hardwood throughout, updated kitchen with custom cabinets and stainless steel appliances, all brand new bathrooms, a finished attic, and an outdoor wet bar and grill. Wonderful front porch plus rear decks on ground level as well as 2nd floor. The beautifully landscaped backyard offers privacy and is perfect for entertaining.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Stove, Washer, Water Heater - Tankless
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Attic, Entry Level Bedroom, Floor Plan - Open, Pantry, Recessed Lighting, Wet/Dry Bar, Primary Bath(s), Stall Shower
  • Window Features: Casement
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Room Count: 13
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 263.17
  • Above Grade Finished Sq Ft: 3150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 254

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Shake Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Roof: Shingle
  • View: Water, 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: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, 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

  • Improvement Assessed Value: 275600.00
  • Land Assessed Value: 290000.00
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: RES

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075927
  • Tax Annual Amount: 5995.00
  • Assessor Parcel Number: 29-00040-0000-00018
  • Tax Lot: 18
  • Tax Year: 2018
  • Close Date: 05/29/2020

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
May 27, 2020
Sold by
Kline Jeffley J and Kline Lea Ann
Bought by
Freeman Edward and Kierman Elizabeth
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
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Total Days on Market
277
Current Estimated Value
$1,448,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,917
Avg. Annual Appreciation
14.29%
Original Mortgage
$510,400
Outstanding Balance
$460,120
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$988,797

Purchase Details

Listed on
Dec 28, 2017
Closed on
May 9, 2018
Sold by
Bailey Larry L
Bought by
Kline Jeffrey J and Kline Lea Ann
Seller's Agent
Christopher Irvin
BHHS Zack Shore REALTORS
Buyer's Agent
Lindsay Ryon
Coastal Living Real Estate Group
List Price
$899,900
Sold Price
$750,000
Premium/Discount to List
-$149,900
-16.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jun 24, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
Bailey Larry L
Seller's Agent
Lisa G Lopez
Home Alliance Realty
Buyer's Agent
Christopher Irvin
BHHS Zack Shore REALTORS
List Price
$420,900
Sold Price
$430,000
Premium/Discount to List
$9,100
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%
Original Mortgage
$608,770
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2014
Sold by
Salzarulo Tony and Salzarulo Laura
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
May 15, 2000
Sold by
Scully Edward
Bought by
Salzarulo Tony and Salzarulo Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.19%

Purchase Details

Closed on
Apr 13, 1998
Sold by
M R F Associates
Bought by
Scully Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.11%

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
Freeman Edward $715,000 University Title Ins Agcy
Kline Jeffrey J $750,000 --
Bailey Larry L $430,000 First American Title Ins Co
Bayview Loan Servicing Llc $649,999 None Available
Salzarulo Tony $240,000 --
Scully Edward $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Edward $510,400
Previous Owner Kline Jeffrey J $160,000
Previous Owner Bailey Larry L $569,400
Previous Owner Bailey Larry L $120,000
Previous Owner Bailey Larry L $607,100
Previous Owner Bailey Larry L $609,482
Previous Owner Bailey Larry L $608,770
Previous Owner Salzarulo Tony M $650,000
Previous Owner Salzarulo Tony $189,845
Previous Owner Salzarulo Tony M $50,000
Previous Owner Salzarulo Tony $192,000
Previous Owner Scully Edward $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $750,000 -9.5% $238 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $829,000 0.0% $263 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $829,000 +10.5% $263 / Sq Ft
05/15/2018 05/15/18 Sold $750,000 -16.7% $238 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $899,900 +109.3% $286 / Sq Ft
07/30/2014 07/30/14 Sold $430,000 +2.2% $157 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $420,900 -- $153 / 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 $6,351 $552,700 $290,000 $262,700
2023 $5,853 $552,700 $290,000 $262,700
2022 $5,853 $552,700 $290,000 $262,700
2021 $5,825 $552,700 $290,000 $262,700
2020 $5,978 $565,600 $290,000 $275,600
2019 $5,984 $565,600 $290,000 $275,600
2018 $5,995 $565,600 $290,000 $275,600
2017 $5,605 $565,600 $290,000 $275,600
2016 $4,883 $441,100 $240,000 $201,100
2015 $4,764 $410,900 $240,000 $170,900
2014 $4,434 $410,900 $240,000 $170,900
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJOC100061

Bright MLS

APN: 29-00040-0000-00018