NOT LISTED FOR SALE

Estimated Value: $837,000 - $1,573,000

-- Bed
2 Baths
2,016 Sq Ft
$635/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $597,000 $296 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,424/month

Highlights

  • Bay View
  • Deck
  • Main Floor Bedroom
  • Bayside
  • Wood Flooring
  • Attic

About This Home

As of February 2016

A Rare Find! Properties like this one are few & far between on Long Beach island. Wonderful & flexible home equally suited for the large family or investor. Nestled on an over-sized 60 x 100' lot on a quiet Ship Bottom street just steps away from world class sunsets at 'sunset park', a lifeguarded Bay Beach & Playground for the kids. Restaurants, banking, shopping etc are all within easy walking distance as is access on & off of LBI. This unique 3 br duplex has a full bath with tub & tile surround & a 1/2 bath in each Mstr Br. The kitchen has stainless appliances & there is even full sized laundry on each floor. The 1st floor has recently undergone several refinishes & upgrades including hardwood floors refinished in 2013. The 2nd floor has the same flexible layout as the 1st. Home raised in 2002 making room for 2 car garage/workshop/heated utility room & lots storage. Forced hot air cent. A/C & tankless Hot water are some of the amenities. What more could you want? Call today!!,When property was raised in 2002 it received new roof, siding, ext. doors, stairs, decking & HVAC. Tankless hot water was added in 2012 & New electric panels in 2013. Home sold mostly furnished.

Last Agent to Sell the Property

Sean Adams

(609) 709-4482 seanadams@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #9481468 Listed on: 04/22/2015

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Beverly Karch

(609) 709-9202 beverlyakarch@gmail.com BHHS Zack Shore REALTORS License #446757

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60x100
  • Level Lot
  • The property's topography is level

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • Main Floor Bedroom
  • 2,016 Sq Ft Home
  • Double Hung Windows
  • Bay Window
  • Double Door Entry
  • Bay Views
  • Storage In Attic
  • Storm Doors

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Oversized Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting
  • Storage Shed
  • Outdoor Grill

Location

  • Flood Risk
  • Bayside

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Community Details

  • No Home Owners Association
  • 2 Units
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 29-00073-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,242

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Remarks Public: A Rare Find! Properties like this one are few & far between on Long Beach island. Wonderful & flexible home equally suited for the large family or investor. Nestled on an over-sized 60 x 100' lot on a quiet Ship Bottom street just steps away from world class sunsets at 'sunset park', a lifeguarded Bay Beach & Playground for the kids. Restaurants, banking, shopping etc are all within easy walking distance as is access on & off of LBI. This unique 3 br duplex has a full bath with tub & tile surround & a 1/2 bath in each Mstr Br. The kitchen has stainless appliances & there is even full sized laundry on each floor. The 1st floor has recently undergone several refinishes & upgrades including hardwood floors refinished in 2013. The 2nd floor has the same flexible layout as the 1st. Home raised in 2002 making room for 2 car garage/workshop/heated utility room & lots storage. Forced hot air cent. A/C & tankless Hot water are some of the amenities. What more could you want? Call today!!,When property was raised in 2002 it received new roof, siding, ext. doors, stairs, decking & HVAC. Tankless hot water was added in 2012 & New electric panels in 2013. Home sold mostly furnished.
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Wall, Washer
  • Flooring Type: Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Attic, Entry Level Bedroom, Window Treatments
  • Window Features: Bay/Bow, Double Hung
  • Fireplace Features: Other
  • Fireplace: No
  • Door Features: Double Entry, Storm
  • Foundation Details: Pilings, Slab
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 314.98
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 310

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: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Features: Oversized
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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

  • Improvement Assessed Value: 190800.00
  • Land Assessed Value: 295000.00
  • Lot Features: Level
  • Lot Dimensions: 60x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3076460
  • Tax Annual Amount: 5242.00
  • Assessor Parcel Number: 29-00073-0000-00005
  • Tax Lot: 5
  • Tax Year: 2014
  • Close Date: 02/19/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Feb 19, 2016
Sold by
Marelka Llc
Bought by
Jfdi Landholding Llc
Seller's Agent
Sean Adams
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Beverly Karch
BHHS Zack Shore REALTORS
List Price
$634,999
Sold Price
$597,000
Premium/Discount to List
-$37,999
-5.98%
Current Estimated Value
$1,280,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,394
Avg. Annual Appreciation
9.36%
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2012
Sold by
Girard Karen and Medenbach Mary
Bought by
Marelka Llc

Purchase Details

Closed on
Dec 3, 2012
Sold by
Medenbach Paul R
Bought by
Medenbach Mary

Purchase Details

Closed on
Jul 14, 2011
Sold by
Medenbach Norbert A and Medenbach James J
Bought by
Medenbach Norbert A

Purchase Details

Closed on
Mar 14, 2011
Sold by
Medenbach Mary J
Bought by
Medenbach Norbert A and Medenbach James J
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
Jfdi Landholding Llc $597,000 Surety Title
Marelka Llc -- None Available
Medenbach Mary -- None Available
Medenbach Norbert A -- None Available
Medenbach Norbert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jfdi Landholding Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $597,000 -6.0% $296 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $634,999 -- $315 / 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 $7,637 $633,800 $350,000 $283,800
2024 $7,282 $633,800 $350,000 $283,800
2023 $6,415 $605,800 $350,000 $255,800
2022 $6,415 $605,800 $350,000 $255,800
2021 $6,306 $598,300 $350,000 $248,300
2020 $6,324 $598,300 $350,000 $248,300
2019 $6,330 $598,300 $350,000 $248,300
2018 $6,342 $598,300 $350,000 $248,300
2017 $5,929 $598,300 $350,000 $248,300
2016 $5,378 $485,800 $295,000 $190,800
2015 $5,247 $485,800 $295,000 $190,800
2014 $5,242 $485,800 $295,000 $190,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC199240

Bright MLS

APN: 29-00073-0000-00005