NOT LISTED FOR SALE

Estimated Value: $836,000 - $2,425,000

5 Beds
3 Baths
2,648 Sq Ft
$720/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $825,000 $312 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $11,419/month

343 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Bayside
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of October 2016

Priced to sell! Great investment! This gorgeous, contemporary 5 bedroom, 3 bath home is located one off the ocean in serene Holgate. It is situated on an oversized 80x100 corner lot with room for expansion. The open floor plan on the first level consists of a large living room, dining room, and a beautiful kitchen with custom made Rudd solid maple kitchen cabinets with tumble marble backsplash, coriander countertops with a granite top island. There is also 3 bedrooms, a full bath, and the laundry room located on the first floor. Skylights allow the natural light to enhance the beauty in this magnificent home. Major renovations and a large addition occurred in 1999 when the adjacent 40x100 lot was purchased and combined with original 40x100 lot into the current 80x100 lot. Owners currently pay taxes on the total assessed value of $1,218,500, $870,000 for land and $348,500 for improvements.,Some of the features include the master suite with a Kohler whirlpool tub, tumbled marble floors and coriander top double/partner and significant other sinks with a solid maple Rudd vanity cabinet; mahogany covered front wraparound porch; fiberglass decks on the second floor and rooftop where you can relax and capture the views of the Atlantic Ocean and the awesome sunrises and sunsets. A spectacular side yard paver patio is pictured with solid teakwood furniture. Smith and Hawken teak wood furniture that includes two 60 inch round tables, umbrellas, and 12 armed chairs with cushions where you can entertain your family and guests. Landscaping and patio is E P Henry block. The large parking area can accommodate 10 cars. The house is fully furnished and equipped. It is tastefully decorated and gives you the feeling of an island getaway. It is a great investment property and has a superb rental history! The rental income was over $50,000 for the season.

Last Agent to Sell the Property

Lorraine Puerari

Better Homes and Gardens Real Estate Murphy & Co. Listed on: 09/16/2015

Better Homes and Gardens Real Estate Murphy & Co.

Last Buyer's Agent

Christine Hubal

The Van Dyk Group - Long Beach Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,002

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 80x100
  • Corner Lot
  • Property is zoned R-35, R-35

Home Design

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

Interior Spaces

  • 2,648 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Casement Windows
  • French Doors
  • Ocean Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Storage Shed
  • Outdoor Grill
  • Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Holgate Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 18-00001-52-00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,002

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Remarks Public: Priced to sell! Great investment! This gorgeous, contemporary 5 bedroom, 3 bath home is located one off the ocean in serene Holgate. It is situated on an oversized 80x100 corner lot with room for expansion. The open floor plan on the first level consists of a large living room, dining room, and a beautiful kitchen with custom made Rudd solid maple kitchen cabinets with tumble marble backsplash, coriander countertops with a granite top island. There is also 3 bedrooms, a full bath, and the laundry room located on the first floor. Skylights allow the natural light to enhance the beauty in this magnificent home. Major renovations and a large addition occurred in 1999 when the adjacent 40x100 lot was purchased and combined with original 40x100 lot into the current 80x100 lot. Owners currently pay taxes on the total assessed value of $1,218,500, $870,000 for land and $348,500 for improvements.,Some of the features include the master suite with a Kohler whirlpool tub, tumbled marble floors and coriander top double/partner and significant other sinks with a solid maple Rudd vanity cabinet; mahogany covered front wraparound porch; fiberglass decks on the second floor and rooftop where you can relax and capture the views of the Atlantic Ocean and the awesome sunrises and sunsets. A spectacular side yard paver patio is pictured with solid teakwood furniture. Smith and Hawken teak wood furniture that includes two 60 inch round tables, umbrellas, and 12 armed chairs with cushions where you can entertain your family and guests. Landscaping and patio is E P Henry block. The large parking area can accommodate 10 cars. The house is fully furnished and equipped. It is tastefully decorated and gives you the feeling of an island getaway. It is a great investment property and has a superb rental history! The rental income was over $50,000 for the season.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Stove, Oven - Wall, Washer
  • Flooring Type: Ceramic Tile, Fully Carpeted, Wood
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Whirlpool/Hottub, Recessed Lighting, Primary Bath(s), Stall Shower
  • Window Features: Skylights, Casement
  • Fireplace: No
  • Door Features: French, Storm
  • Entry Location: Center Hall
  • Foundation Details: Crawl Space, Pilings
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2648
  • Living Area Sq Ft: 2648
  • Price Per Sq Ft: 336.06
  • Above Grade Finished Sq Ft: 2648
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3904

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • 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: 348500.00
  • Land Assessed Value: 870000.00
  • Lot Features: Corner
  • Lot Dimensions: 80x100
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: R-35
  • Zoning Description: R-35

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3019882
  • Tax Annual Amount: 12002.00
  • Assessor Parcel Number: 18-00001-52-00037
  • Tax Lot: 37
  • Tax Year: 2015
  • Close Date: 10/07/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 1, 2016
Sold by
Barbaree Ronald L and Barbaree Rose A
Bought by
Redington Brian T and Redington Patricia
Seller's Agent
Lorraine Puerari
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Christine Hubal
The Van Dyk Group - Long Beach Island
List Price
$998,000
Sold Price
$825,000
Premium/Discount to List
-$173,000
-17.33%
Current Estimated Value
$1,906,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,081,024
Avg. Annual Appreciation
10.05%
Original Mortgage
$660,000
Outstanding Balance
$532,500
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,369,835

Purchase Details

Closed on
Apr 14, 1989
Bought by
Barbaree Ronald and Barbaree Rose
Source: Public Records

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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
Redington Brian T $825,000 --
Barbaree Ronald $297,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redington Brian T $660,000
Closed Redington Brian T $660,000
Previous Owner Barbaree Ronald $151,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $825,000 -17.3% $312 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $998,000 -- $377 / 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 $9,610 $1,088,000 $834,000 $254,000
2023 $9,014 $1,083,400 $834,000 $249,400
2022 $9,014 $1,083,400 $834,000 $249,400
2021 $8,732 $1,083,400 $834,000 $249,400
2020 $8,241 $829,100 $696,000 $133,100
2019 $8,316 $829,100 $696,000 $133,100
2018 $8,067 $829,100 $696,000 $133,100
2017 $11,917 $1,218,500 $870,000 $348,500
2016 $12,014 $1,218,500 $870,000 $348,500
2015 $12,002 $1,218,500 $870,000 $348,500
2014 $11,710 $1,218,500 $870,000 $348,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC192540

Bright MLS

APN: 18-00001-52-00037