NOT LISTED FOR SALE

Estimated Value: $2,689,000 - $4,905,000

3 Beds
2 Baths
1,843 Sq Ft
$2,104/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $960,000 $521 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $22,261/month

Highlights

  • 100 Feet of Waterfront
  • Home fronts a lagoon or estuary
  • Deck
  • 1 Boat Dock
  • Canal View
  • Wood Flooring

About This Home

As of November 2019

Back to the market with ***** Price Reduction *****Beautiful well maintained lagoonfront home with mature landscaping in the desirable section of Loveladies. Pompano drive is a quiet, short street, in walking distance to the harbor beach parking lots, the Loveladies Tennis club and the Arts Foundation. Home is move in ready, an addition was added to create a large master suite with fireplace, second living room and solarium. Plenty of room for your entire family to spread out. The home has a strong summer rental history, with repeat tenants year after year. You can enjoy the rental income and a few weeks of vacation for this summer, while you plan your new home on the site or keep as is and use for many years of family fun! This home has endless potential!

Last Agent to Sell the Property

Lara Addiego

(609) 713-5372 laraaddiego@gmail.com Jersea Realty, LLC - SB License #1224306 Listed on: 08/12/2018

Last Buyer's Agent

Robert Gray

(732) 929-3641 4bobgray@comcast.net Keller Williams Shore Properties

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,682

Year Built

  • Built in 1965

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Home fronts a lagoon or estuary
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Partially Fenced Property
  • Property is zoned R10, R10

Parking

  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,843 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Gas Fireplace
  • Sliding Doors
  • Canal Views
  • Crawl Space
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a lagoon
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Enclosed Patio or Porch
  • Storage Shed
  • Outdoor Grill

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 18-00020-100-00006

Community Details

Overview

  • No Home Owners Association
  • Loveladies Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,682

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Built-In Microwave, Refrigerator, Stove, Trash Compactor, Washer
  • Entry Floor: 1
  • Flooring Type: Fully Carpeted, Wood
  • Interior Amenities: Primary Bath(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1843
  • Living Area Sq Ft: 1843
  • Price Per Sq Ft: 534.45
  • Above Grade Finished Sq Ft: 1843
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Shingle
  • View: Water, Canal
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

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
  • Heating: Yes
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 73900.00
  • Land Assessed Value: 813800.00
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Patio(s), Enclosed
  • Zoning: R10
  • Zoning Description: R10

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3027060
  • Tax Annual Amount: 8682.00
  • Assessor Parcel Number: 18-00020-100-00006
  • Tax Lot: 6
  • Tax Year: 2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2018
Closed on
Nov 27, 2019
Sold by
Foti Margaret M
Bought by
Gray Sean and Gray Dolores
Seller's Agent
Lara Addiego
Jersea Realty, LLC - SB
Buyer's Agent
Robert Gray
Keller Williams Shore Properties
List Price
$1,175,000
Sold Price
$960,000
Premium/Discount to List
-$215,000
-18.3%
Current Estimated Value
$3,877,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,917,116
Avg. Annual Appreciation
26.59%
Original Mortgage
$750,000
Outstanding Balance
$663,166
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$3,213,950

Purchase Details

Closed on
Jan 17, 2015
Sold by
Korinchak Mai and Kirk Jo Ellen
Bought by
Foti Margaret M

Purchase Details

Closed on
May 18, 2010
Sold by
Korinchak Mai and Kirk Jo Ellen
Bought by
Foti Margaret M

Purchase Details

Closed on
Mar 2, 2010
Sold by
Foti Margaret M
Bought by
Korinchak Mai and Kirk Jo Ellen
Source: Public Records

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
Gray Sean $960,000 Freedom Title & Abstract Co
Foti Margaret M -- None Available
Foti Margaret M -- None Available
Korinchak Mai -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Sean $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $960,000 -2.5% $521 / Sq Ft
08/07/2019 08/07/19 Price Changed $985,000 -16.2% $534 / Sq Ft
08/12/2018 08/12/18 For Sale $1,175,000 -- $638 / 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
2025 $23,600 $2,642,800 $900,000 $1,742,800
2024 $23,442 $2,642,800 $900,000 $1,742,800
2023 $21,988 $2,642,800 $900,000 $1,742,800
2022 $7,514 $903,100 $900,000 $3,100
2021 $7,279 $903,100 $900,000 $3,100
2020 $8,881 $893,500 $813,800 $79,700
2019 $8,904 $887,700 $813,800 $73,900
2018 $8,637 $887,700 $813,800 $73,900
2017 $8,682 $887,700 $813,800 $73,900
2016 $8,753 $887,700 $813,800 $73,900
2015 $8,744 $887,700 $813,800 $73,900
2014 $8,531 $887,700 $813,800 $73,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC137944

Bright MLS

APN: 18-00020-100-00006