NOT LISTED FOR SALE

Estimated Value: $3,097,000 - $3,376,000

-- Bed
4 Baths
2,128 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $2,020,000 $949 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $19,691/month

250 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Open Floorplan
  • Wood Flooring
  • Ocean View
  • Deck
  • No HOA

About This Home

As of February 2016

Outrageously gorgeous and unique an incredible oceanfront located on 75 feet running along the Atlantic. This home has 6 bedrooms, 4 full baths and is a legal duplex. Many possibilities ? convert to a single family ? buy with your brother and both have oceanfront ? live on one floor and rent the other ? have an income ? decks galore ? this house is much loved and features reclaimed Heart Pine wide-plank floors ? custom hand-made ceramic tile in the kitchen & direct entry to master baths and bedrooms from the deck. Honestly a unique home.

Last Agent to Sell the Property

Raymond Davis

Weichert Realtors - Ship Bottom License #1006896 Listed on: 04/10/2015

Weichert Realtors - Ship Bottom

Last Buyer's Agent

Patricia Gac

Long Beach Island Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,267

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 75x100
  • 75 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • The property's topography is level

Home Design

  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Insulated Windows
  • Double Hung Windows
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Brant Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 18-00015-138-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,267

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Remarks Public: Outrageously gorgeous and unique an incredible oceanfront located on 75 feet running along the Atlantic. This home has 6 bedrooms, 4 full baths and is a legal duplex. Many possibilities ? convert to a single family ? buy with your brother and both have oceanfront ? live on one floor and rent the other ? have an income ? decks galore ? this house is much loved and features reclaimed Heart Pine wide-plank floors ? custom hand-made ceramic tile in the kitchen & direct entry to master baths and bedrooms from the deck. Honestly a unique home.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Refrigerator
  • Flooring Type: Tile/Brick, Fully Carpeted, Wood
  • Interior Amenities: Floor Plan - Open, Recessed Lighting
  • Window Features: Double Hung, Insulated
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2128
  • Living Area Sq Ft: 2128
  • Price Per Sq Ft: 1120.77
  • Above Grade Finished Sq Ft: 2128
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3409

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Attached Garage, Off 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
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 353000.00
  • Land Assessed Value: 1443800.00
  • Lot Features: Level
  • Lot Dimensions: 75x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R50
  • Zoning Description: R50

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3025872
  • Tax Annual Amount: 17267.00
  • Assessor Parcel Number: 18-00015-138-00001
  • Tax Lot: 1
  • Tax Year: 2014
  • Close Date: 02/22/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Feb 19, 2016
Sold by
Devitt Kevin and Devitt Judith
Bought by
Platt Timothy J and Platt Cathleen M
Seller's Agent
Raymond Davis
Weichert Realtors - Ship Bottom
Buyer's Agent
Patricia Gac
Long Beach Island Real Estate
List Price
$2,385,000
Sold Price
$2,020,000
Premium/Discount to List
-$365,000
-15.3%
Total Days on Market
250
Current Estimated Value
$3,280,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,800
Avg. Annual Appreciation
5.06%
Original Mortgage
$1,515,000
Outstanding Balance
$1,220,742
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$2,010,536

Purchase Details

Closed on
Nov 3, 2003
Sold by
Devitt Kevin
Bought by
Devitt Kevin and Devitt Judith

Purchase Details

Closed on
Mar 14, 2002
Sold by
Strauss Marvin
Bought by
Devitt Kevin and Devitt Judith

Purchase Details

Closed on
Apr 22, 1994
Sold by
Morrison J Scott
Bought by
Strauss Marvin and Strauss Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.7%
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
Platt Timothy J $2,020,000 --
Devitt Kevin -- --
Devitt Kevin $863,000 --
Strauss Marvin $173,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platt Timothy J $1,515,000
Previous Owner Devitt Kevin $116,800
Previous Owner Strauss Marvin $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $2,020,000 -15.3% $949 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $2,385,000 -- $1,121 / 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 $21,781 $2,455,600 $2,018,800 $436,800
2023 $20,431 $2,455,600 $2,018,800 $436,800
2022 $20,431 $2,455,600 $2,018,800 $436,800
2021 $19,792 $2,455,600 $2,018,800 $436,800
2020 $17,860 $1,796,800 $1,443,800 $353,000
2019 $18,022 $1,796,800 $1,443,800 $353,000
2018 $17,483 $1,796,800 $1,443,800 $353,000
2017 $17,573 $1,796,800 $1,443,800 $353,000
2016 $17,716 $1,796,800 $1,443,800 $353,000
2015 $17,698 $1,796,800 $1,443,800 $353,000
2014 $17,267 $1,796,800 $1,443,800 $353,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC199834

Bright MLS

APN: 18-00015-138-00001