NOT LISTED FOR SALE

276 W 16th St Unit 2 Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $709,000 - $893,000

3 Beds
1 Bath
864 Sq Ft
3,006 Sq Ft Lot

Last Sold December 02, 2014

Last sale price $339,000 $392 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,337/month

173 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Storm Windows
  • Bayside
  • Attic
  • Tankless Water Heater

About This Home

As of December 2014

Make this your leisurely LBI getaway to enjoy. This 2nd fl Condo has been lovingly maintained and is in tip-top shape. Recent improvements include new kitchen counters, composite sink, backsplash, refrig and opening up the kitchen to the living/dining area, new carpeting in living area and hallway, tankless(gas) hot water heater (2 yrs). 3 bedrooms/1bath w/ gas forced air heat and central air with an open floor plan and cathedral ceilings - large deck - assigned unit outside shower room - storage shed - easy clean tilt-in replacement windows - plenty of parking and attic storage area. This location is convenient to the Ship Bottom Bay Beach area and a short walk to the ocean beach and the center of town. Great rental history - nicely furnished and ready for you!

Last Agent to Sell the Property

Eileen Matson

(609) 709-9503 ematson@maryallen.com Mary Allen Realty, Inc. License #8635959 Listed on: 05/08/2014

Last Buyer's Agent

Diane Serra

(917) 608-7107 LoisLane52@aol.com Island Realty-Surf City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1972

Lot Details

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

Home Design

  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 864 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Crawl Space
  • Attic

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Storage Shed
  • Outdoor Grill

Location

  • Flood Risk
  • Bayside

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 29-00064-0000-00017-0000-

Community Details

Overview

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

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,254

Year Built

Built in 1972

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: 1972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Stove, Oven/Range - Electric, Built-In Microwave, Oven - Self Cleaning, Dishwasher, Water Heater - Tankless
  • Entry Floor: 2
  • Flooring Type: Fully Carpeted, Ceramic Tile
  • Interior Amenities: Attic, Window Treatments, Ceiling Fan(s), Floor Plan - Open
  • Window Features: Double Hung, Storm, Screens, Insulated
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 392.36
  • 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 Completed: No
  • Exterior Features: Outside Shower, Bbq Grill
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • 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: 68200.00
  • Land Assessed Value: 147500.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 60x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2254.00
  • Assessor Parcel Number: 29-00064-0000-00017-0000-
  • Tax Lot: 17
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Nov 24, 2014
Sold by
Toth Robert and Dobson Barbara
Bought by
Kim Yong Jae
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Diane Serra
Island Realty-Surf City
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Current Estimated Value
$762,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,387
Avg. Annual Appreciation
7.63%
Original Mortgage
$190,000
Outstanding Balance
$142,088
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$620,299

Purchase Details

Closed on
Apr 10, 2012
Sold by
Dobson Linda and Dobson Barbara
Bought by
Dobson Barbara and Toth Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Yong Jae $339,000 Prestige New Jersey Title Ag
Dobson Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong Jae $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $339,000 -2.9% $392 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $349,000 -- $404 / 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 $3,920 $341,200 $245,000 $96,200
2024 $3,920 $341,200 $245,000 $96,200
2023 $3,613 $341,200 $245,000 $96,200
2022 $3,613 $341,200 $245,000 $96,200
2021 $3,596 $341,200 $245,000 $96,200
2020 $3,606 $341,200 $245,000 $96,200
2019 $3,610 $341,200 $245,000 $96,200
2018 $3,617 $341,200 $245,000 $96,200
2017 $3,381 $341,200 $245,000 $96,200
2016 $2,388 $215,700 $147,500 $68,200
2015 $2,330 $215,700 $147,500 $68,200
2014 $2,327 $215,700 $147,500 $68,200
Source: Public Records

Agents Affiliated with this Home

  • Eileen Matson

    Seller's Agent in 2014

    Eileen Matson

    Mary Allen Realty, Inc.

    (609) 709-9503

    6 in this area

    10 Total Sales

    Eileen Matson
    Section Image

  • D

    Buyer's Agent in 2014

    Diane Serra

    Island Realty-Surf City

    (917) 608-7107

    1 in this area

    3 Total Sales

    Diane Serra
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC229848

Bright MLS

APN: 29-00064-0000-00017-0000-C.02

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

276 W 16th St Unit 2, Ship Bottom, NJ

Not Listed for Sale

Condos

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