NOT LISTED FOR SALE

Estimated Value: $1,186,492 - $1,358,000

5 Beds
2 Baths
2,004 Sq Ft
$641/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $750,000 $374 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,305/month

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Colonial Architecture
  • Property fronts the bay but unit may not have water views
  • Corner Lot

About This Home

As of February 2021

Classic 2 Story home in the heart of Ship Bottom. Flood Insurance UNDER $1,000/year. Home features 5 bedrooms, with 2 updated baths. The oversized home includes over 2000 square feet with totally updated kitchen, stainless appliance package with granite countertops, and breakfast bar. Features include large living room, separate family room with fireplace, laundry room with cabinetry, recessed lighting, wood & slate flooring. Upgrades include Andersen windows and doors, a 2nd level fiberglass deck, vinyl rails, and outdoor shower and storage shed. Conveniently located for easy on/off island access, close to area restaurants, shopping and activities. Local bay beach access and views, as well as a short walk to the beach. Secure your spot on the island today!

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 12/10/2020

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 12/10/2020

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,904

Year Built

  • Built in 1968

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 40.00 x 80.00
  • Property fronts the bay but unit may not have water views
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • A-Frame Home
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,004 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 29-00053-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,904

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame, Colonial
  • Ownership: Fee Simple
  • Exclusions: As Per Listing Agreement
  • Inclusions: As Per Listing Agreement
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Classic 2 Story home in the heart of Ship Bottom. Flood Insurance UNDER $1,000/year. Home features 5 bedrooms, with 2 updated baths. The oversized home includes over 2000 square feet with totally updated kitchen, stainless appliance package with granite countertops, and breakfast bar. Features include large living room, separate family room with fireplace, laundry room with cabinetry, recessed lighting, wood & slate flooring. Upgrades include Andersen windows and doors, a 2nd level fiberglass deck, vinyl rails, and outdoor shower and storage shed. Conveniently located for easy on/off island access, close to area restaurants, shopping and activities. Local bay beach access and views, as well as a short walk to the beach. Secure your spot on the island today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven - Self Cleaning, Refrigerator, Stove, Washer, Water Heater, Oven/Range - Electric
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Upgraded Countertops, Tub Shower, Stall Shower, Floor Plan - Open, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2004
  • Living Area Sq Ft: 2004
  • Price Per Sq Ft: 381.74
  • Above Grade Finished Sq Ft: 2004
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 300

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 197200.00
  • Land Assessed Value: 266800.00
  • Lot Features: Corner
  • Lot Size Acres: 0.07
  • Lot Dimensions: 40.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Outdoor Living Structures: Patio(s), Deck(s), Roof
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3076097
  • Tax Annual Amount: 4904.00
  • Assessor Parcel Number: 29-00053-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 2004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 12, 2021
Sold by
Paskas Craig R and Paskas Elizabeth C
Bought by
Richardson Keith and Richardson Jenna
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
$765,000
Sold Price
$750,000
Premium/Discount to List
-$15,000
-1.96%
Current Estimated Value
$1,284,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,373
Avg. Annual Appreciation
12.43%
Original Mortgage
$675,000
Outstanding Balance
$606,463
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$677,910

Purchase Details

Closed on
Dec 8, 2017
Sold by
Paskas Criag R and Paskas Elizabeth C
Bought by
Paskas Craig R and Paskas Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,305
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2014
Closed on
Jan 13, 2015
Sold by
Dezao John and Dezao Tanis
Bought by
Paskas Craig R and Paskas Elizabeth C
Seller's Agent
Kenneth Nilson
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$549,500
Sold Price
$555,000
Premium/Discount to List
$5,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$524,012
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2008
Sold by
Flacks Kelly Cervo and Reynolds Victoria
Bought by
Dezao John and Dezao Tanis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2006
Sold by
Reynolds Kevin L
Bought by
Reynolds Victoria
Source: Public Records

Range of Values:

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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
Richardson Keith $750,000 Mid State Abstract Company
Paskas Craig R -- --
Paskas Craig R $555,000 Landguard Title Services Llc
Dezao John $527,000 None Available
Reynolds Victoria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Keith $675,000
Previous Owner Paskas Craig R $502,305
Previous Owner Paskas Craig R $524,012
Previous Owner Dezao John $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $750,000 -2.0% $374 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $765,000 +37.8% $382 / Sq Ft
01/15/2015 01/15/15 Sold $555,000 +1.0% $277 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $549,500 -- $274 / 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 $5,936 $492,600 $266,800 $225,800
2024 $5,660 $492,600 $266,800 $225,800
2023 $5,217 $492,600 $266,800 $225,800
2022 $5,217 $492,600 $266,800 $225,800
2021 $4,891 $464,000 $266,800 $197,200
2020 $4,904 $464,000 $266,800 $197,200
2019 $4,909 $464,000 $266,800 $197,200
2018 $4,918 $464,000 $266,800 $197,200
2017 $4,598 $464,000 $266,800 $197,200
2016 $4,104 $370,700 $220,800 $149,900
2015 $4,004 $370,700 $220,800 $149,900
2014 $4,000 $370,700 $220,800 $149,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC405888

Bright MLS

APN: 29-00053-0000-00003