NOT LISTED FOR SALE

Estimated Value: $1,147,562 - $1,442,000

4 Beds
2 Baths
1,808 Sq Ft
$725/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $650,000 $360 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $7,839/month

40 Days on Market

Highlights

  • Open Floorplan
  • Property fronts the bay but unit may not have water views
  • Main Floor Bedroom
  • Colonial Architecture
  • Wood Flooring
  • 3-minute walk to 3rd St Playground

About This Home

As of May 2020

LBI. Bay Block. This home sits on a huge lot of a 110 x 60 spanning from 3rd to 4th ST. in ship bottom on the border of surf city. Its only a short walk to the beach and steps to all the activities that Surf City is famous for on LBI. The home features; An open floor plan, hot water baseboard heat and central air throughout, 4 large bedrooms with a deck off the upper level, and 2 full tiled baths with glass frameless shower doors, a kitchen with a full dining area, solid wood flooring, gas fireplace, outdoor shower, and new roof. The detached over sized garage has a paved drive way off 3rd street. The yard is large enough for decks, an awesome barbecue, a very cool built in pool and a hot tub. The side of the house allows for boat storage or jet skis. The home is located steps away from a beautiful and relaxing bay beach park where fun and sun are happening.

Last Listed By

Irene Santoro

RE/MAX at Barnegat Bay - Ship Bottom Listed on: 02/08/2020

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 1972

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 60.00 x 110.00
  • Property fronts the bay but unit may not have water views
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • 6 Open Parking Spaces
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Washer
  • Gas Dryer

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 29-00136-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,920

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: LBI. Bay Block. This home sits on a huge lot of a 110 x 60 spanning from 3rd to 4th ST. in ship bottom on the border of surf city. Its only a short walk to the beach and steps to all the activities that Surf City is famous for on LBI. The home features; An open floor plan, hot water baseboard heat and central air throughout, 4 large bedrooms with a deck off the upper level, and 2 full tiled baths with glass frameless shower doors, a kitchen with a full dining area, solid wood flooring, gas fireplace, outdoor shower, and new roof. The detached over sized garage has a paved drive way off 3rd street. The yard is large enough for decks, an awesome barbecue, a very cool built in pool and a hot tub. The side of the house allows for boat storage or jet skis. The home is located steps away from a beautiful and relaxing bay beach park where fun and sun are happening.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Gas, Oven/Range - Gas, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Window Treatments, Wood Floors
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Total Sq Ft: 1808
  • Living Area Sq Ft: 1808
  • Price Per Sq Ft: 359.46
  • Above Grade Finished Sq Ft: 1808
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 309

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • 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: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, Off Site

Utilities

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

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 221500.00
  • Land Assessed Value: 338000.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Year Assessed: 2019
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3077402
  • Tax Annual Amount: 5920.00
  • Assessor Parcel Number: 29-00136-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1808
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/04/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Apr 20, 2020
Sold by
Ambrosio Paul D and Estate Of Louise D Ambrosio
Bought by
Iorio Mark A and Magrainer Patricia A
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Scott McSorley
Weichert Realtors - Ship Bottom
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Total Days on Market
40
Current Estimated Value
$1,310,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,891
Avg. Annual Appreciation
14.64%
Original Mortgage
$520,000
Outstanding Balance
$467,786
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$821,277

Purchase Details

Closed on
Jun 10, 2010
Sold by
Dambrosio Mario and Dambrosio Louise
Bought by
Dambrosio Louise

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
Iorio Mark A $650,000 City Abstract
Dambrosio Louise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iorio Mark A $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $650,000 0.0% $360 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $649,900 -- $359 / 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 $6,429 $559,500 $338,000 $221,500
2023 $5,925 $559,500 $338,000 $221,500
2022 $5,925 $559,500 $338,000 $221,500
2021 $5,897 $559,500 $338,000 $221,500
2020 $5,914 $559,500 $338,000 $221,500
2019 $5,920 $559,500 $338,000 $221,500
2018 $5,547 $523,300 $338,000 $185,300
2017 $5,186 $523,300 $338,000 $185,300
2016 $4,984 $450,200 $286,000 $164,200
2015 $4,862 $450,200 $286,000 $164,200
2014 $4,858 $450,200 $286,000 $164,200
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJOC395204

Bright MLS

APN: 29-00136-0000-00003