NOT LISTED FOR SALE

Estimated Value: $848,000 - $1,368,000

Studio
2 Baths
1,830 Sq Ft
$657/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2019

Last sale price $560,000 $306 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,163 / mo

119 Days on Market

Highlights

  • Bay View
  • Deck
  • No HOA
  • Open Floorplan
  • Property fronts the bay but unit may not have water views
  • Breakfast Area or Nook

About This Home

As of October 2019

Terrific opportunity to own a year round duplex on LBI close to the bay beach! Each floor features spacious open living, kitchen, dining areas, 2 bedrooms, one full bath, spacious decks & awnings, gas baseboard heat and wall air units. The lower level has been tastefully and completely updated and renovated. Expansive detached garage with large attic (plenty of storage), roomy backyard (oversized lot), two large brick paver driveways, cedar shake impression vinyl siding, separate laundry room, beautifully landscaped, and ready for your summer fun & LBI memories!

Last Agent to Sell the Property

Willy Kahl

(609) 492-1666 jerseaoffice@aol.com Jersea Realty, LLC - SB License #8833923 Listed on: 05/08/2019

Last Buyer's Agent

Willy Kahl

(609) 492-1666 jerseaoffice@aol.com Jersea Realty, LLC - SB License #8833923 Listed on: 05/08/2019

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property fronts the bay but unit may not have water views

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Duplex
  • Side-by-Side
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,830 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Bay Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Awning

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 5.01
  • Assessor Parcel Number 29-00063-0000-00005-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,692

Year Built

Built in 1959

Lot Details

6,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1959
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Laminated, Vinyl, Fully Carpeted
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Window Treatments
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1830
  • Living Area Sq Ft: 1830
  • Price Per Sq Ft: 319.67
  • Above Grade Finished Sq Ft: 1830
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Awning(s), Outside Shower
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 187000.00
  • Land Assessed Value: 350000.00
  • Land Lease: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIA
  • Zoning Description: Residentia

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3076315
  • Tax Annual Amount: 5692.00
  • Assessor Parcel Number: 29-00063-0000-00005-01
  • Tax Lot: 5.01
  • Tax Year: 2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Oct 25, 2019
Sold by
Bought by
Seller's Agent
Willy Kahl
Jersea Realty, LLC - SB
Buyer's Agent
Willy Kahl
Jersea Realty, LLC - SB
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$1,202,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,282
Avg. Annual Appreciation
11.87%
Original Mortgage
$448,000
Outstanding Balance
$385,464
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$816,818

Purchase Details

Closed on
Mar 4, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Prestige Title Agency Inc
$159,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $448,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $560,000 -4.3% $306 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $585,000 -2.3% $320 / Sq Ft
05/08/2019 05/08/19 For Sale $599,000 -- $327 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,664 $537,000 $350,000 $187,000
2025 $6,664 $537,000 $350,000 $187,000
2024 $6,170 $537,000 $350,000 $187,000
2023 $5,687 $537,000 $350,000 $187,000
2022 $5,687 $537,000 $350,000 $187,000
2021 $5,660 $537,000 $350,000 $187,000
2020 $5,676 $537,000 $350,000 $187,000
2019 $5,681 $537,000 $350,000 $187,000
2018 $5,692 $537,000 $350,000 $187,000
2017 $5,322 $537,000 $350,000 $187,000
2016 $4,819 $435,300 $295,000 $140,300
2015 $4,701 $435,300 $295,000 $140,300
2014 $4,697 $435,300 $295,000 $140,300
Source: Public Records

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Map

Source: Bright MLS

MLS Number: NJOC139302

Bright MLS

APN: 29-00063-0000-00005-01

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