NOT LISTED FOR SALE

Estimated Value: $894,000 - $1,347,000

2 Beds
1 Bath
1,040 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $295,000 $284 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $7,341/month

403 Days on Market

Highlights

  • Property fronts the bay but unit may not have water views
  • Attic
  • No HOA
  • Wood Flooring

About This Home

As of November 2016

GREAT LOCATION WITH ** BAY VIEWS & CLOSE TO THE BAY BEACH**.. RENOVATE THE CURRENT HOME WHICH HAD STORM DAMAGE OR BUILD A NEW HOME IN THIS GREAT LOCATION. NEW CONSTRUCTION WOULD REQUIRE A VARIANCE. 35 X 100 LOT.THE CURRENT HOME WAS GUTTED AFTER SANDY. GREAT OPPORTUNITY TO OWN A SINGLE FAMILY ON LONG BEACH ISLAND AT AN AFFORDABLE PRICE. BUYER IS RESPONSIBLE FOR THE CERTIFICATE OF OCCUPANCY AND ANY PERMITS AND COSTS REQUIRED TO REBUILD OR DEMOLISH THE EXISTING HOME. BEING SOLD "AS IS, WHERE IS". LOCATED ON A NICE QUIET STREET, JUST ONE BLOCK SOUTH, FROM THE SHIP BOTTOM BAY BEACH. HOUSE HAS BEEN "GUTTED". ENTER AT YOUR OWN RISK; PLEASE STAY ON THE PLYWOOD WALKWAY.

Last Agent to Sell the Property

Christopher Irvin

BHHS Zack Shore REALTORS Listed on: 08/07/2015

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,523

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 35x100
  • Property fronts the bay but unit may not have water views
  • Property is zoned RA, RA

Home Design

  • Shingle Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Crawl Space
  • Cooktop
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 29-00060-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,523

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Remarks Public: GREAT LOCATION WITH ** BAY VIEWS & CLOSE TO THE BAY BEACH**.. RENOVATE THE CURRENT HOME WHICH HAD STORM DAMAGE OR BUILD A NEW HOME IN THIS GREAT LOCATION. NEW CONSTRUCTION WOULD REQUIRE A VARIANCE. 35 X 100 LOT.THE CURRENT HOME WAS GUTTED AFTER SANDY. GREAT OPPORTUNITY TO OWN A SINGLE FAMILY ON LONG BEACH ISLAND AT AN AFFORDABLE PRICE. BUYER IS RESPONSIBLE FOR THE CERTIFICATE OF OCCUPANCY AND ANY PERMITS AND COSTS REQUIRED TO REBUILD OR DEMOLISH THE EXISTING HOME. BEING SOLD "AS IS, WHERE IS". LOCATED ON A NICE QUIET STREET, JUST ONE BLOCK SOUTH, FROM THE SHIP BOTTOM BAY BEACH. HOUSE HAS BEEN "GUTTED". ENTER AT YOUR OWN RISK; PLEASE STAY ON THE PLYWOOD WALKWAY.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Wood
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 312.50
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 328

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • 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
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 84700.00
  • Land Assessed Value: 241500.00
  • Lot Dimensions: 35x100
  • Zoning: RA
  • Zoning Description: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076284
  • Tax Annual Amount: 3523.00
  • Assessor Parcel Number: 29-00060-0000-00009
  • Tax Lot: 9
  • Tax Year: 2014
  • Close Date: 11/08/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Nov 8, 2016
Sold by
Pisch Ernest P and Pisch Ruth Ann
Bought by
Layne Barry A and Layne Valerie A
Seller's Agent
Christopher Irvin
BHHS Zack Shore REALTORS
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%
Total Days on Market
403
Current Estimated Value
$1,167,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,986
Avg. Annual Appreciation
16.71%

Purchase Details

Closed on
Jun 17, 1995
Sold by
Rizk Angelina
Bought by
Pisch Ernest and Pisch Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.82%
Source: Public Records

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Range of Values:

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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
Layne Barry A $295,000 Chicago Title
Pisch Ernest $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pisch Ernst P $64,000
Previous Owner Pisch Ernest $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2016 11/08/16 Sold $295,000 -15.5% $284 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/07/2015 08/07/15 For Sale $349,000 -- $336 / 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 $10,311 $897,400 $291,800 $605,600
2023 $9,503 $897,400 $291,800 $605,600
2022 $9,503 $897,400 $291,800 $605,600
2021 $3,074 $291,800 $291,800 $0
2020 $3,084 $291,800 $291,800 $0
2019 $3,463 $327,300 $291,800 $35,500
2018 $3,469 $327,300 $291,800 $35,500
2017 $3,244 $327,300 $291,800 $35,500
2016 $3,611 $326,200 $241,500 $84,700
2015 $3,523 $326,200 $241,500 $84,700
2014 $3,520 $326,200 $241,500 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC194222

Bright MLS

APN: 29-00060-0000-00009