NOT LISTED FOR SALE

Estimated Value: $596,000 - $741,000

4 Beds
2 Baths
1,850 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $170,000 $92 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $4,319/month

47 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Canal View
  • Attic
  • 1 Boat Dock
  • Main Floor Bedroom
  • No HOA

About This Home

As of August 2018

DESIRABLE OSBORN ISLAND WATERFRONT! Possibly the LOWEST priced waterfront property on Osborn Island! Along with the 4 BEDROOMS and 2 BATHS this home offers a VINYL BULKHEAD, a NEWER ROOF that is approximately 6 years old, and a newly installed CENTRAL AC UNIT! The eat in kitchen flows into the large family room with a brick wood fireplace. This is a lot of house - 1850 square feet - on Osborn Island! Enjoy your summers sitting on the porch looking out to the water. Please don't let the "as is" stop you from taking a look. There are endless possibilities with the property. Just a short ride to Long Beach Island, Cape May, and Atlantic City. Great opportunity!

Last Agent to Sell the Property

Patricia Michaelsen

Coldwell Banker Riviera Realty, Inc. Listed on: 06/23/2018

Coldwell Banker Riviera Realty, Inc.

Last Buyer's Agent

Patricia Michaelsen

Coldwell Banker Riviera Realty, Inc. Listed on: 06/23/2018

Coldwell Banker Riviera Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 65x100
  • 65 Feet of Waterfront

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Canal Views
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Osborn Island Subdivision

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 17-00326-215-00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,368

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Remarks Public: DESIRABLE OSBORN ISLAND WATERFRONT! Possibly the LOWEST priced waterfront property on Osborn Island! Along with the 4 BEDROOMS and 2 BATHS this home offers a VINYL BULKHEAD, a NEWER ROOF that is approximately 6 years old, and a newly installed CENTRAL AC UNIT! The eat in kitchen flows into the large family room with a brick wood fireplace. This is a lot of house - 1850 square feet - on Osborn Island! Enjoy your summers sitting on the porch looking out to the water. Please don't let the "as is" stop you from taking a look. There are endless possibilities with the property. Just a short ride to Long Beach Island, Cape May, and Atlantic City. Great opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Ceramic Tile, Vinyl, Fully Carpeted
  • Interior Amenities: Attic, Entry Level Bedroom, Pantry
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 102.16
  • Above Grade Finished Sq Ft: 1850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • View: Water, Canal
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 65

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: PINELANDS REGIONAL SCHOOLS
  • School District Key: 300200396375

Lot Info

  • Improvement Assessed Value: 117700.00
  • Land Assessed Value: 150300.00
  • Lot Features: Bulkheaded
  • Lot Dimensions: 65x100
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: SINGLE
  • Zoning Description: single

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3018369
  • Tax Annual Amount: 6368.00
  • Assessor Parcel Number: 17-00326-215-00055
  • Tax Lot: 55
  • Tax Year: 2017
  • Close Date: 08/28/2018

MLS Schools

  • School District Name: PINELANDS REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Barner Stephen G
Bought by
Barner Stephen G and Glicker Michelle L
Current Estimated Value
$670,216

Purchase Details

Listed on
Jun 23, 2018
Closed on
Aug 22, 2018
Sold by
Said Hazem
Bought by
Barner Stephen G and Glicker Michelle L
Seller's Agent
Patricia Michaelsen
Coldwell Banker Riviera Realty, Inc.
Buyer's Agent
Patricia Michaelsen
Coldwell Banker Riviera Realty, Inc.
List Price
$199,000
Sold Price
$170,000
Premium/Discount to List
-$29,000
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.57%

Purchase Details

Closed on
Apr 27, 2018
Sold by
Yusif I F
Bought by
Said Hazem

Purchase Details

Closed on
May 9, 2009
Sold by
Yusif Izzat F
Bought by
Yusif I F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Read Howard
Bought by
Yusif Izzat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.54%

Purchase Details

Closed on
Jan 11, 1999
Sold by
Osullivan Michele M
Bought by
Lewis John P and Lewis Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.7%
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
Barner Stephen G -- --
Barner Stephen G $170,000 None Available
Said Hazem -- None Available
Yusif I F -- None Available
Yusif Izzat $240,000 --
Lewis John P $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yusif I F $167,000
Previous Owner Yusif I F $175,500
Previous Owner Yusif Izzat $192,000
Previous Owner Lewis John P $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $170,000 -14.6% $92 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $199,000 -- $108 / 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 $7,791 $275,800 $150,300 $125,500
2023 $7,546 $275,800 $150,300 $125,500
2022 $7,332 $268,000 $150,300 $117,700
2021 $7,212 $268,000 $150,300 $117,700
2020 $7,081 $268,000 $150,300 $117,700
2019 $6,834 $268,000 $150,300 $117,700
2018 $6,448 $268,000 $150,300 $117,700
2017 $6,368 $268,000 $150,300 $117,700
2016 $6,408 $268,000 $150,300 $117,700
2015 $6,483 $268,000 $150,300 $117,700
2014 $4,993 $261,000 $160,200 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC151888

Bright MLS

APN: 17-00326-215-00055