NOT LISTED FOR SALE

Estimated Value: $1,394,000 - $2,244,000

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $1,450,000

Est. 25% increase in value since last sale

Current estimated payment $10,301/month

6 Days on Market

Highlights

  • Dock has access to electricity and water
  • Spa
  • A-Frame Home
  • Property Fronts a Bay or Harbor
  • Bayside
  • Deck

About This Home

As of December 2020

Welcome Home to this Cove Bayfront property in Shipbottom! So easy on and off the island and walking distance to beach, bay beach, concerts, restaurants, in the heart of Shipbottom. This home has been completely gutted in 2020 down to the studs. Everything in this home is brand new. Open floor plan with bay views throughout the house on both floors. 4 bedrooms 3 full baths and great outdoor entertainment space on the front porch and out back. 3 zoned hot water baseboard heat, 5 zones of air. Water Heater and heat tankless system. Smarthouse with lights, thermostats, sprinklers, and cameras. Brand New Bulkhead and LED lighting, new landscaping, all new hardscaping in front and back with turf area. Landscape lighting, dock power, water and lights. New roof, electric, plumbing, insulation, s eetrock, windows and so much more. Riparian Rights and 50 foot dock! The house is above flood and does not have to be raised. Commercial Water Filtration system throughout the house. Surround Sound inside and outside. Commercial Dehumidifier in the crawl space. Flood insurance averages about 1,000 a year. Come see this professionally designed and decorated home today!

Last Agent to Sell the Property

Gina Manganiello

Keller Williams Preferred Properties, Ship Bottom License #1867368 Listed on: 09/25/2020

Keller Williams Preferred Properties, Ship Bottom

Last Buyer's Agent

Gina Manganiello

Keller Williams Preferred Properties, Ship Bottom License #1867368 Listed on: 09/25/2020

Keller Williams Preferred Properties, Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Property Fronts a Bay or Harbor
  • Fenced
  • Sprinkler System

Parking

  • No Garage

Home Design

  • A-Frame Home
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Bay Views
  • Home Security System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Riparian rights to water flowing past the property
  • Bulkhead
  • Dock has access to electricity and water
  • Cove
  • Balcony
  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Bayside

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00050-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,240

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront, Bayside, Bulkhead, Cove, Riparian Rts
  • Subdivision Name: None
  • Architectural Style: A-Frame
  • Reso Interior Features: Balcony, Security System, Recessed Lighting
  • Year Built: 1940
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 40 x 120
  • Location Middle School: Southern Reg
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior WaterElect Dock: Yes
  • Exterior Hot Tub2: Yes
  • Siding Cedar: Yes
  • Exterior Security System3: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Bayfront: Yes
  • Lot Description Riparian Rts: Yes
  • Water Type Riparian Rights: Yes
  • Water Type Bayside: Yes
  • Lot Description Cove2: Yes
  • Water Type Cove: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Security System: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Bayfront, Bayside, Bayview, Bulkhead, Cove, Riparian Rights
  • Waterfront: Yes
  • Exclusions: Personal Property
  • Construction Type: Cedar
  • Exterior Features: Deck, Dock, Fence, Hot Tub, Outdoor Shower, Porch - Open, Security System, Shed, Sprinkler Under, Water/Elect @ Dock, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 40 x 120
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 29-00050-0000-00003

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7240.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Scarpati Jonathan S
Bought by
Scarpati Jonathan S and Scarpati Suzanne
Current Estimated Value
$1,806,830

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 29, 2020
Sold by
Manganiello Louis J and Manganiello Gina
Bought by
Scarpati Jonathan S
Seller's Agent
Gina Manganiello
Keller Williams Preferred Properties, Ship Bottom
Buyer's Agent
Gina Manganiello
Keller Williams Preferred Properties, Ship Bottom
List Price
$1,499,900
Sold Price
$1,450,000
Premium/Discount to List
-$49,900
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2019
Sold by
Musgnug Catherine and Musgnug Catherine
Bought by
Manganiello Louis J and Manganiello Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2000
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
Scarpati Jonathan S -- Title Agency Of New Jersey Inc
Scarpati Jonathan S -- Title Agency Of New Jersey Inc
Scarpati Jonathan S $1,450,000 Southern Shores Title Agency
Scarpati Jonathan S $1,450,000 Old Republic Title
Manganiello Louis J $570,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarpati Jonathan S $1,000,000
Previous Owner Manganiello Louis J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $1,450,000 -3.3% --
10/01/2020 10/01/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $1,499,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,663 $718,900 $530,400 $188,500
2024 $8,260 $718,900 $530,400 $188,500
2023 $7,588 $718,900 $530,400 $188,500
2022 $7,588 $716,500 $530,400 $186,100
2021 $7,550 $716,500 $530,400 $186,100
2020 $7,268 $687,600 $530,400 $157,200
2019 $7,240 $684,300 $530,400 $153,900
2018 $7,254 $684,300 $530,400 $153,900
2017 $6,781 $684,300 $530,400 $153,900
2016 $6,988 $631,300 $489,600 $141,700
2015 $6,818 $631,300 $489,600 $141,700
2014 $7,122 $638,800 $518,400 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034515

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00050-0000-00003