$280,000
SOLD APR 10, 2012
3 Beds
1 Bath
864 Sq Ft
3,006 Sq Ft Lot

Recently Sold

$324 Per Sq Ft

6% Below List Price

66 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Outdoor Shower
  • Bayside
  • Living Room
  • Tile or Brick Flooring

About This Home

As of July 2016

Heres a chance to make your LBI dream of owning a little piece of the island come true! First time offered - Condo conversion of the 1st fl of a duplex located in a quiet residential neighborhood. Just a short walk to the Ship Bottom Bay Beach/Playground and only 2.5 blocks to the ocean, youre in the midst of all the activities offered. The unit has been family owned and lovingly cared for the last 10 years. Its situated on a large 60x100 lot with plenty of off-street parking,private use shower room and shed and deck to enjoy the outside. Living Rm, Dining Area and Kitchen make up the open floor plan with the 3 bedrooms/1bath towards the back and off the hallway. To say that its neat as a pin is an understatement. Just bring your beach stuff and enjoy. Condo conversion paperwork is complete and will be filed with the sale. Assessments and taxes to be determined but will presumably be half of the stated amounts. The unit has an excellent rental history @ approx $1300/wk.

Last Agent to Sell the Property

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 09/24/2011

Last Buyer's Agent

Bretton LUTZ

BHHS Zack Shore REALTORS

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1955

Lot Details

  • Partially Fenced Property
  • The property's topography is level

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Asbestos

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Deck
  • Storage Shed
  • Outdoor Grill

Location

  • Flood Risk
  • Bayside

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 2900064000000017

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,971

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Oven/Range - Electric, Built-In Microwave, Oven - Self Cleaning, Refrigerator
  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Floor Plan - Open, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 346.06
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Multi Units, Window Unit(s), Wall Unit
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • 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: 116900.00
  • Land Assessed Value: 295000.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 60 x 100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3971.00
  • Assessor Parcel Number: 2900064000000017
  • Tax Lot: 17
  • Tax Year: 2010
  • Close Date: 04/10/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Jul 7, 2016
Sold by
Jenks Eileen A and Petrausch Kathleen
Bought by
Ashman George and Ashman Barbara
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Mary Lu Gaylor
Mary Allen Realty, Inc.
List Price
$369,500
Sold Price
$317,500
Premium/Discount to List
-$52,000
-14.07%
Total Days on Market
66
Current Estimated Value
$721,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,530
Avg. Annual Appreciation
9.55%
Original Mortgage
$285,750
Outstanding Balance
$230,701
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$490,329

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 27, 2014
Sold by
Gale Anne
Bought by
Jenks Eileen A and Petrausch Kathleen
Seller's Agent
Bretton LUTZ
BHHS Zack Shore REALTORS
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$329,500
Sold Price
$305,000
Premium/Discount to List
-$24,500
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$228,750
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2011
Closed on
Apr 10, 2012
Sold by
Dobson Linda
Bought by
Gale Anne
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Bretton LUTZ
BHHS Zack Shore REALTORS
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
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 Type Sale Price Title Company
Deed $317,500 Surety Title
Deed $305,000 Multiple
Deed $280,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,750 New Conventional
Closed $285,750 New Conventional
Previous Owner $228,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $317,500 -14.1% $367 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $369,500 +21.1% $428 / Sq Ft
07/11/2014 07/11/14 Sold $305,000 -7.4% $353 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $329,500 +17.7% $381 / Sq Ft
04/10/2012 04/10/12 Sold $280,000 -6.4% $324 / Sq Ft
11/29/2011 11/29/11 Pending -- -- --
09/24/2011 09/24/11 For Sale $299,000 -- $346 / 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 $3,864 $336,300 $245,000 $91,300
2023 $3,561 $336,300 $245,000 $91,300
2022 $3,561 $336,300 $245,000 $91,300
2021 $3,545 $336,300 $245,000 $91,300
2020 $3,555 $336,300 $245,000 $91,300
2019 $3,558 $336,300 $245,000 $91,300
2018 $3,565 $336,300 $245,000 $91,300
2017 $3,333 $336,300 $245,000 $91,300
2016 $2,388 $215,700 $147,500 $68,200
2015 $2,330 $215,700 $147,500 $68,200
2014 $2,327 $195,200 $147,500 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC259824

Bright MLS

APN: 29-00064-0000-00017-0000-C.01