NOT LISTED FOR SALE

343 W 16th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $2,266,000 - $2,976,000

4 Beds
4.5 Baths
2,724 Sq Ft
$914/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $1,100,000 $404 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $14,318/month

Highlights

  • Water Views
  • Contemporary Architecture
  • Wood Flooring
  • Open Floorplan
  • Property fronts the bay but unit may not have water views
  • Whirlpool Bathtub

About This Home

As of August 2016

Wide open bay views highlight this well built, well maintained, spacious home. The lot is oversized with over 100' directly facing open water. Sunsets here are nothing short of spectacular!! The interior is warm and inviting with over 2,700 sq. ft. of living area. Details: 4 bedrooms, 4 1/2 baths, 2 large master suites, 1 smaller master suite, granite kitchen with island and peninsula, wood flooring, 4 zone gas hwbb heat, 2 zone central a/c, gas fireplace, family room, private yard with room for a pool and a large ground level area with 2 car garage and recreation room. The neighborhood is family oriented with numerous conveniences nearby. Many other gorgeous homes are in the immediate vicinity.

Last Agent to Sell the Property

David Cowles

(609) 290-0779 dcowles@zackshore.com BHHS Zack Shore REALTORS License #8133142 Listed on: 04/01/2016

BHHS Zack Shore REALTORS

Last Buyer's Agent

Craig Stefanoni

(609) 432-1104 cstefanoni@zackshore.com BHHS Zack Shore REALTORS License #8437113

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,440

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 53 x 103 x 80 x 100
  • Property fronts the bay but unit may not have water views

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,724 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Water Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Baseboard Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 29-00070-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,440

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Remarks Public: Wide open bay views highlight this well built, well maintained, spacious home. The lot is oversized with over 100' directly facing open water. Sunsets here are nothing short of spectacular!! The interior is warm and inviting with over 2,700 sq. ft. of living area. Details: 4 bedrooms, 4 1/2 baths, 2 large master suites, 1 smaller master suite, granite kitchen with island and peninsula, wood flooring, 4 zone gas hwbb heat, 2 zone central a/c, gas fireplace, family room, private yard with room for a pool and a large ground level area with 2 car garage and recreation room. The neighborhood is family oriented with numerous conveniences nearby. Many other gorgeous homes are in the immediate vicinity.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer
  • Flooring Type: Tile/Brick, Fully Carpeted, Wood
  • Interior Amenities: Ceiling Fan(s), Whirlpool/Hottub, Floor Plan - Open, Recessed Lighting, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Room Count: 10
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2724
  • Living Area Sq Ft: 2724
  • Price Per Sq Ft: 432.82
  • Above Grade Finished Sq Ft: 2724
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 343

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Zoned
  • Heating: Yes
  • 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: 524100.00
  • Land Assessed Value: 350000.00
  • Lot Dimensions: 53 x 103 x 80 x 100
  • Zoning: RESIDENTIA
  • Zoning Description: Residentia

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076446
  • Tax Annual Amount: 9440.00
  • Assessor Parcel Number: 29-00070-0000-00012
  • Tax Lot: 12
  • Tax Year: 2015
  • Close Date: 08/15/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Aug 9, 2016
Sold by
Wolverton William J and Wolverton Marilyn K
Bought by
Forrester F Lee and Forrester Lisa T
Seller's Agent
David Cowles
BHHS Zack Shore REALTORS
Buyer's Agent
Craig Stefanoni
BHHS Zack Shore REALTORS
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Current Estimated Value
$2,490,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,390,431
Avg. Annual Appreciation
9.29%
Original Mortgage
$880,000
Outstanding Balance
$702,684
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,773,623

Purchase Details

Closed on
Jul 29, 2011
Sold by
Venanzi Nicholas A and Venanzi Virginia
Bought by
Wolverton William J and Wolverton Marilyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2001
Sold by
Vogel Hal
Bought by
Venanzi Nicholas and Venanzi Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.88%
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
Forrester F Lee $1,100,000 --
Wolverton William J $915,000 Chicago Title Insurance Co
Venanzi Nicholas $717,500 --
Venanzi Nicholas $717,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrester F Lee $880,000
Previous Owner Wolverton William J $615,000
Previous Owner Venanzi Nicholas $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $1,100,000 -8.3% $404 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,199,000 -- $440 / 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 $13,368 $1,109,400 $406,700 $702,700
2024 $12,747 $1,109,400 $406,700 $702,700
2023 $11,749 $1,109,400 $406,700 $702,700
2022 $11,749 $1,109,400 $406,700 $702,700
2021 $11,587 $1,099,300 $406,700 $692,600
2020 $11,620 $1,099,300 $406,700 $692,600
2019 $11,631 $1,099,300 $406,700 $692,600
2018 $11,653 $1,099,300 $406,700 $692,600
2017 $10,894 $1,099,300 $406,700 $692,600
2016 $9,676 $874,100 $350,000 $524,100
2015 $9,440 $874,100 $350,000 $524,100
2014 $9,432 $874,100 $350,000 $524,100
Source: Public Records

Agents Affiliated with this Home

  • David Cowles

    Seller's Agent in 2016

    David Cowles

    BHHS Zack Shore REALTORS

    (609) 290-0779

    105 in this area

    111 Total Sales

    David Cowles
    Section Image
  • Craig Stefanoni

    Buyer's Agent in 2016

    Craig Stefanoni

    BHHS Zack Shore REALTORS

    (609) 432-1104

    245 in this area

    252 Total Sales

    Craig Stefanoni
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC184902

Bright MLS

APN: 29-00070-0000-00012

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

343 W 16th St, Ship Bottom, NJ

This home is located at 343 W 16th St, Ship Bottom, NJ 08008 since 01 April 2016 and is currently estimated at $2,490,431, approximately $914 per square foot. This property was built in 2001. 343 W 16th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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