NOT LISTED FOR SALE

Estimated Value: $1,225,000 - $1,977,000

4 Beds
2.5 Baths
1,776 Sq Ft
$960/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $1,460,000 $822 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,958/month

Highlights

  • 42 Feet of Waterfront
  • Bay View
  • Deck
  • 1 Boat Dock
  • Open Floorplan
  • 2-minute walk to Bay View Park

About This Home

As of April 2019

ISLAND BAYFRONT VILLA...Enjoy phenomenal bayfront views from this immaculate contemporary with 78 feet of dockage enhanced by 2 boatslips & jetski davit while enjoying unlimited water play! This captivating 4 bedroom 2.5 bath contemporary is located on an oversized 42x202 (irr) corner lot with room for expansion possibilities and a pool! Entertaining is part of the real joy of owning this home while enjoying bayviews from the new gazebo w/decking in the privacy of your vinyl fenced sunny backyard...perfect for those family barbecues. The 2-car garage opens to backyard and can double as a cabana room for all those summertime parties, along w/ample storage for all your water toys. The large great room, dining area & kitchen will be the center of your entertaining w/double sliders leading to decking overlooking the bay while enjoying those gorgeous sunsets. The great room?s soaring ceiling emphasizes spaciousness while enhanced by the beautiful gas fireplace w/custom cabinetry. (Cont'd),Experience the joy of cooking in this decorator-built kitchen with 2-tone cabinetry, mullioned glass-accent door, granite countertops & stainless-steel appliances. The large center island is perfect for those impromptu meals or buffet service for that casual shore living. For the simple joys of good friends and good food, feast in a sunny dining area that works for two or ten while enjoying those panoramic bayviews. The main suite provides a soothing oasis of special conveniences w/full ensuite bath, along with decking overlooking the bay. Overnight success for family & friends in the 3 charming bedrooms with room for sleep, storage and play. From an oversized corner bayfront lot with large dockage, boatslips and 82 ft of riparian lease, to an immaculate home that comes furnished and move-in ready, to easy access from the Causeway, this demand location makes ?fast? action a must! Call now Delight later!

Last Agent to Sell the Property

Mary Ann O'Shea

(609) 713-4164 listwithmaryann@lbihomevalues.com RE/MAX at Barnegat Bay - Ship Bottom Listed on: 11/28/2018

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Mary Ann O'Shea

(609) 713-4164 listwithmaryann@lbihomevalues.com RE/MAX at Barnegat Bay - Ship Bottom Listed on: 11/28/2018

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,918

Year Built

  • Built in 1994

Lot Details

  • 42 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Corner Lot
  • Irregular Lot
  • Property is zoned R2, r2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Foundation Flood Vent
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,776 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Heatilator
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Bay Views
  • Storm Doors

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Riparian Lease
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Storage Shed
  • Outdoor Grill

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 3.01
  • Assessor Parcel Number 29-00034-0000-00003-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,918

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Reverse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1994
  • Remarks Public: ISLAND BAYFRONT VILLA...Enjoy phenomenal bayfront views from this immaculate contemporary with 78 feet of dockage enhanced by 2 boatslips & jetski davit while enjoying unlimited water play! This captivating 4 bedroom 2.5 bath contemporary is located on an oversized 42x202 (irr) corner lot with room for expansion possibilities and a pool! Entertaining is part of the real joy of owning this home while enjoying bayviews from the new gazebo w/decking in the privacy of your vinyl fenced sunny backyard...perfect for those family barbecues. The 2-car garage opens to backyard and can double as a cabana room for all those summertime parties, along w/ample storage for all your water toys. The large great room, dining area & kitchen will be the center of your entertaining w/double sliders leading to decking overlooking the bay while enjoying those gorgeous sunsets. The great room?s soaring ceiling emphasizes spaciousness while enhanced by the beautiful gas fireplace w/custom cabinetry. (Cont'd),Experience the joy of cooking in this decorator-built kitchen with 2-tone cabinetry, mullioned glass-accent door, granite countertops & stainless-steel appliances. The large center island is perfect for those impromptu meals or buffet service for that casual shore living. For the simple joys of good friends and good food, feast in a sunny dining area that works for two or ten while enjoying those panoramic bayviews. The main suite provides a soothing oasis of special conveniences w/full ensuite bath, along with decking overlooking the bay. Overnight success for family & friends in the 3 charming bedrooms with room for sleep, storage and play. From an oversized corner bayfront lot with large dockage, boatslips and 82 ft of riparian lease, to an immaculate home that comes furnished and move-in ready, to easy access from the Causeway, this demand location makes ?fast? action a must! Call now Delight later!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Kitchen - Island, Floor Plan - Open, Pantry, Recessed Lighting, Primary Bath(s), Stall Shower
  • Window Features: Double Hung, Screens, Insulated
  • Fireplace Features: Heatilator, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1776
  • Price Per Sq Ft: 841.78
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 42

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • 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: 268400.00
  • Land Assessed Value: 634000.00
  • Lot Features: Bulkheaded, Corner, Irregular
  • Lot Dimensions: 42x202 irr
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R2
  • Zoning Description: r2

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075803
  • Tax Annual Amount: 8918.00
  • Assessor Parcel Number: 29-00034-0000-00003-01
  • Tax Lot: 3.01
  • Tax Year: 2017
  • Close Date: 04/08/2019

Multi Family

  • Waterfront Features: Riparian Lease

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Apr 5, 2019
Sold by
Rostock Anthony M and Rostock Lynne M
Bought by
Covert John M and Covert Rosemary E
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,495,000
Sold Price
$1,460,000
Premium/Discount to List
-$35,000
-2.34%
Current Estimated Value
$1,705,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,288
Avg. Annual Appreciation
2.43%
Original Mortgage
$1,095,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1995
Sold by
Sparks Seddon
Bought by
Rostock Anthony and Rostock Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
9.24%
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
Covert John M $1,460,000 Southern Shores Ttl Agcy Llc
Rostock Anthony $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert John M $1,095,000
Previous Owner Rostock Anthony $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $1,460,000 -2.3% $822 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $1,495,000 -- $842 / 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 $11,002 $913,000 $634,000 $279,000
2024 $10,490 $913,000 $634,000 $279,000
2023 $9,669 $913,000 $634,000 $279,000
2022 $9,669 $913,000 $634,000 $279,000
2021 $9,511 $902,400 $634,000 $268,400
2020 $9,538 $902,400 $634,000 $268,400
2019 $9,547 $902,400 $634,000 $268,400
2018 $9,565 $902,400 $634,000 $268,400
2017 $8,918 $899,900 $634,000 $265,900
2016 $8,792 $794,200 $585,200 $209,000
2015 $8,577 $794,200 $585,200 $209,000
2014 $8,456 $783,700 $585,200 $198,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC146288

Bright MLS

APN: 29-00034-0000-00003-01