NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $2,272,000

-- Bed
2 Baths
1,632 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold January 12, 2012

Last sale price $550,000 $337 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $10,834/month

Highlights

  • Building is oceanfront but unit may not have water views
  • Main Floor Bedroom
  • Ceramic Tile Flooring
  • Deck
  • No HOA
  • Partially Fenced Property

About This Home

As of January 2012

Oceanblock two family for the price of the lot. Strong rental history along with prime location equals a good buy for end user or investor. Excellent candidate for new construction. 50 x 100 lot. Possible owner financing toqualified purchaser. May never get this opportunity again.

Last Agent to Sell the Property

Joseph Mayo

RE/MAX of Long Beach Island Listed on: 07/12/2011

Last Buyer's Agent

David Sheridan

BHHS Zack Shore REALTORS License #8338877

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,522

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 50 x 100
  • Building is oceanfront but unit may not have water views
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Home Design

  • Duplex
  • Flat Roof Shape
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,632 Sq Ft Home
  • Partially Furnished
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 3200012000000017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,522

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Remarks Public: Oceanblock two family for the price of the lot. Strong rental history along with prime location equals a good buy for end user or investor. Excellent candidate for new construction. 50 x 100 lot. Possible owner financing toqualified purchaser. May never get this opportunity again.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Laminated, Ceramic Tile, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 367.03
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Type Of Parking: Driveway, 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
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 143500.00
  • Land Assessed Value: 684000.00
  • Lot Features: Level
  • Lot Dimensions: 50 x 100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7521.98
  • Assessor Parcel Number: 3200012000000017
  • Tax Lot: 17
  • Tax Year: 2010
  • Close Date: 01/12/2012

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Ocean County Sheriff
Bought by
Wells Fargo Bank
Current Estimated Value
$1,826,607

Purchase Details

Listed on
Jul 12, 2011
Closed on
Jan 12, 2012
Sold by
Forman Darryl D and Forman Nancy A
Bought by
Harry George and Harry Kara L
Seller's Agent
Joseph Mayo
RE/MAX of Long Beach Island
Buyer's Agent
David Sheridan
BHHS Zack Shore REALTORS
List Price
$624,000
Sold Price
$550,000
Premium/Discount to List
-$74,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$412,500
Interest Rate
3.98%
Mortgage Type
New Conventional
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
Wells Fargo Bank -- --
Harry George $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harry George $375,000
Previous Owner Harry George $412,500
Previous Owner Forman Daryl D $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2012 01/12/12 Sold $550,000 -11.9% $337 / Sq Ft
10/22/2011 10/22/11 Pending -- -- --
07/12/2011 07/12/11 For Sale $624,000 -- $382 / 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 $13,218 $1,267,300 $750,000 $517,300
2024 $12,736 $1,267,300 $750,000 $517,300
2023 $12,420 $1,267,300 $750,000 $517,300
2022 $12,420 $1,267,300 $750,000 $517,300
2021 $11,431 $1,267,300 $750,000 $517,300
2020 $11,064 $1,267,300 $750,000 $517,300
2019 $6,533 $750,000 $750,000 $0
2018 $7,251 $714,400 $594,000 $120,400
2017 $7,344 $714,400 $594,000 $120,400
2016 $7,165 $714,400 $594,000 $120,400
2015 $6,873 $714,400 $594,000 $120,400
2014 $6,837 $714,400 $594,000 $120,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC220238

Bright MLS

APN: 32-00012-0000-00017