NOT LISTED FOR SALE

Estimated Value: $2,034,000

3 Beds
1.5 Baths
1,008 Sq Ft
$2,018/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $785,000 $779 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $11,130/month

72 Days on Market

Highlights

  • Oceanside
  • Deck
  • Solarium
  • Open Floorplan
  • Attic
  • No HOA

About This Home

As of May 2019

BRIGHT, CHEERFUL, OCEANSIDE RAISED RANCH ON PRIME BEACH BLOCK IN BARNEGAT LIGHT. WALLS OF GLASS PROVIDE ABUNDANT INDOOR NATURAL LIGHT, WHILE MATURE VEGETATION AND LANDSCAPING OFFER TRANQUIL OUTDOOR GATHERING SPACES. FEATURES DUAL OUTDOOR SHOWERS, SUN & SHADE PATIOS, AND MAINTANIANCE FREE IPE DECKING FOR CAREFREE SUMMER LIVING. 3 BEDROOM, 1.5 BATH, CENTRAL AIR & GAS HEAT. GREAT BEACH HOUSE WITH A SOLID RENTAL HISTORY. SALE PART OF 1031 EXCHANGE. FLOOD INSURANCE $722/YR

Last Agent to Sell the Property

Rick Reynolds

(609) 290-9276 rreynolds@zackshore.com BHHS Zack Shore REALTORS License #9697837 Listed on: 02/09/2019

BHHS Zack Shore REALTORS

Last Buyer's Agent

Ann Marie Corsetto

(609) 290-9484 annmarierealtor@comcast.net RE/MAX at Barnegat Bay - Manahawkin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1965

Lot Details

  • 6,273

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Solarium
  • Attic

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Patio

Additional Features

  • Lot Dimensions are 50x125
  • Flood Risk
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 4.01
  • Assessor Parcel Number 02-00037-0000-00004-01

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,723

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Flooring Type: Tile/Brick, Fully Carpeted
  • Interior Amenities: Attic, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Solarium
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 822.42
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 169300.00
  • Land Assessed Value: 500000.00
  • Lot Dimensions: 50x125
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R-B
  • Zoning Description: R-B

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826369
  • Tax Annual Amount: 5723.00
  • Assessor Parcel Number: 02-00037-0000-00004-01
  • Tax Lot: 4.01
  • Tax Year: 2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2019
Closed on
May 28, 2019
Sold by
Giacose Steven and Neff Charles S
Bought by
Moorman John E and Moorman Leslie K
Seller's Agent
Rick Reynolds
BHHS Zack Shore REALTORS
Buyer's Agent
Ann Marie Corsetto
RE/MAX at Barnegat Bay - Manahawkin
List Price
$829,000
Sold Price
$785,000
Premium/Discount to List
-$44,000
-5.31%
Current Estimated Value
$2,034,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,249,000
Avg. Annual Appreciation
15.72%
Original Mortgage
$628,000
Outstanding Balance
$553,274
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,480,726

Purchase Details

Closed on
Jul 20, 2012
Sold by
Giacose Steven and Neff Charles S
Bought by
Giacose Steven and Neff Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2011
Sold by
Giacose Steven
Bought by
Giascose Steven and Neff Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moorman John E $785,000 Wfg National Title Ins Co
Giacose Steven -- Service Link
Giascose Steven -- Service Link
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorman John E $628,000
Previous Owner Giacose Steven $330,000
Previous Owner Giascose Steven $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $785,000 -5.3% $779 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $829,000 -- $822 / 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 $5,040 $925,600 $500,000 $425,600
2024 $4,455 $500,000 $500,000 $0
2023 $4,135 $500,000 $500,000 $0
2022 $4,135 $500,000 $500,000 $0
2021 $4,450 $500,000 $500,000 $0
2020 $6,833 $756,700 $500,000 $256,700
2019 $5,823 $669,300 $500,000 $169,300
2018 $5,723 $669,300 $500,000 $169,300
2017 $5,923 $669,300 $500,000 $169,300
2016 $5,769 $669,300 $500,000 $169,300
2015 $5,562 $669,300 $500,000 $169,300
2014 $6,053 $669,600 $500,000 $169,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC144428

Bright MLS

APN: 02-00037-0000-00004-01