NOT LISTED FOR SALE

Estimated Value: $910,000 - $1,678,000

4 Beds
3 Baths
2,042 Sq Ft
$696/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $999,000 $489 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,238/month

Highlights

  • Parking available for a boat
  • Bayside
  • Deck
  • Open Floorplan
  • Coastal Architecture
  • Wood Flooring

About This Home

As of October 2021

Coastal contemporary beach house featuring 4 bedrooms, 3 full baths including master suite, and over 2000 square feet of living space. With an open floor plan, living room with hardwood floors, and additional family room there is plenty of space to entertain your guests. Kitchen upgrades include gas cooking, tiled backsplash, pantry, center island, recessed lighting, and a ceiling fan. The first floor master suite offers a walk in closet and full bath. Tons of storage in the huge attic with the potential to add a fifth bedroom. Enjoy this home year round with central AC, hot water baseboard heat, plus full sized washer and dryer. Exterior amenities include a large yard with preferred southern exposure, deck, patio, electric awning, outdoor shower, vinyl siding and room for a pool. Store all of your beach accessories in the attached garage with opener. Conveniently located near the bridge, bay beach, boat ramp and fishing pier. Enjoy weekly free concerts in the summer less than a block away. Lot runs from 11th Street to 12th Street so only 2 adjoining properties. Walk or bicycle to everything LBI has to offer such as top class restaurants, parks, pickleball courts, ice cream, shopping, nightlife and more. Call today and enjoy your new beach house this fall and holiday season!

Last Agent to Sell the Property

Joseph Jones III

(609) 713-1933 JJones@ZackShore.com BHHS Zack Shore REALTORS License #1326416 Listed on: 09/01/2021

BHHS Zack Shore REALTORS

Last Buyer's Agent

William Hodgson Jr

(609) 661-0651 surfcitybillylbi@yahoo.com Island Realty-Surf City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,348

Year Built

  • Built in 2000

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 2,042 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Double Hung Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Rain Gutters

Location

  • Bayside

Schools

  • Lbi Elementary School
  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 29-00090-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,348

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-09-02
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: Coastal contemporary beach house featuring 4 bedrooms, 3 full baths including master suite, and over 2000 square feet of living space. With an open floor plan, living room with hardwood floors, and additional family room there is plenty of space to entertain your guests. Kitchen upgrades include gas cooking, tiled backsplash, pantry, center island, recessed lighting, and a ceiling fan. The first floor master suite offers a walk in closet and full bath. Tons of storage in the huge attic with the potential to add a fifth bedroom. Enjoy this home year round with central AC, hot water baseboard heat, plus full sized washer and dryer. Exterior amenities include a large yard with preferred southern exposure, deck, patio, electric awning, outdoor shower, vinyl siding and room for a pool. Store all of your beach accessories in the attached garage with opener. Conveniently located near the bridge, bay beach, boat ramp and fishing pier. Enjoy weekly free concerts in the summer less than a block away. Lot runs from 11th Street to 12th Street so only 2 adjoining properties. Walk or bicycle to everything LBI has to offer such as top class restaurants, parks, pickleball courts, ice cream, shopping, nightlife and more. Call today and enjoy your new beach house this fall and holiday season!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Window Treatments, Wood Floors
  • Window Features: Double Hung
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2042
  • Living Area Sq Ft: 2042
  • Price Per Sq Ft: 514.20
  • Above Grade Finished Sq Ft: 2042
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 322

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Boat Storage, Gutter System, Outside Shower, Awning(s)
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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
  • Senior Community: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Elementary School: LBI
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • Elementary School: LBI
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 345200.00
  • Land Assessed Value: 350000.00
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Soil Types: Sandy
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076793
  • Tax Annual Amount: 7348.00
  • Assessor Parcel Number: 29-00090-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2042
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/22/2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 13, 2021
Sold by
Megnin Kenneth and Megnin Michelle
Bought by
Michael Mark and Quigley Michael Nancy
Seller's Agent
Joseph Jones III
BHHS Zack Shore REALTORS
Buyer's Agent
William Hodgson Jr
Island Realty-Surf City
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%
Current Estimated Value
$1,422,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,127
Avg. Annual Appreciation
11.76%
Original Mortgage
$699,300
Outstanding Balance
$639,079
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$909,131

Purchase Details

Listed on
Aug 30, 2016
Closed on
Jul 10, 2017
Sold by
Tobia Michael A and Stefanyak Adrienne
Bought by
Megnin Kenneth and Megnin Michelle
Seller's Agent
Sean Adams
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Joseph Jones III
BHHS Zack Shore REALTORS
List Price
$689,000
Sold Price
$631,000
Premium/Discount to List
-$58,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$240,000
Interest Rate
3.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2013
Sold by
Tobia Gilda
Bought by
Tobia Gilda and Tobia Michael A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Michael Mark $999,000 Surety Title Company
Megnin Kenneth $6,310,000 Surety Title
Tobia Gilda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Mark $699,300
Previous Owner Megnin Kenneth $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $999,000 -4.9% $489 / Sq Ft
09/01/2021 09/01/21 For Sale $1,050,000 0.0% $514 / Sq Ft
09/01/2021 09/01/21 Price Changed $1,050,000 +66.4% $514 / Sq Ft
07/19/2017 07/19/17 Sold $631,000 -8.4% $304 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
08/30/2016 08/30/16 For Sale $689,000 -- $332 / 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 $8,377 $695,200 $350,000 $345,200
2024 $7,988 $695,200 $350,000 $345,200
2023 $7,362 $695,200 $350,000 $345,200
2022 $7,362 $695,200 $350,000 $345,200
2021 $7,327 $695,200 $350,000 $345,200
2020 $7,348 $695,200 $350,000 $345,200
2019 $7,355 $695,200 $350,000 $345,200
2018 $7,369 $695,200 $350,000 $345,200
2017 $6,889 $695,200 $350,000 $345,200
2016 $6,709 $628,600 $295,000 $333,600
2015 $6,539 $628,600 $295,000 $333,600
2014 $7,545 $722,400 $295,000 $427,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC2002058

Bright MLS

APN: 29-00090-0000-00005