NOT LISTED FOR SALE

4 Point Dr Longport, NJ 08403

Estimated Value: $5,116,000 - $5,760,000

4 Beds
4.5 Baths
-- Sq Ft
4,051 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $2,500,000

Est. 119% increase in value since last sale

Current estimated payment $33,134/month

172 Days on Market

Highlights

  • Water Views
  • Sauna
  • Deck
  • In Ground Pool
  • Building is beachfront but unit may not have water views
  • Contemporary Architecture

About This Home

As of September 2020

Beautiful home with panoramic views from Bay to Ocean. Stunning view overlooking the inlet, the Ocean City Longport Bridge, the best views on the Island. This home features a recently updated chef's kitchen with center island, double oven, bread warmer, top of the line appliances. Open floor plan offers an easy flow making this home great for entertaining. Four bedrooms, plus a loft and four full baths provide convenience and privacy for family and guests. Stunning water views from every room. Outside enjoy the back yard oasis with an in-ground pool, sauna, and putting green, spectacular sunsets from any of the large decks. The privacy fence surrounds a generous lot. All this just steps to the beach at Longport's prestigious "Point", live like you are on vacation every day! Don't miss this house, it's a great catch!

Last Agent to Sell the Property

Joan Siracusa

FARLEY and FERRY REALTY, INC License #8939737 Listed on: 01/30/2020

Last Buyer's Agent

Denise Gibbons

NEW ERA REAL ESTATE-B License #SB-7910265

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,304

Lot Details

  • Lot Dimensions are 117 x 118 x 85
  • Building is beachfront but unit may not have water views
  • Cul-De-Sac
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Storage
  • Sauna
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,304

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Lvt Date: 01/30/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room
  • Flooring: Marble, Tile, W/W Carpet, Wood
  • Interior Amenities: Bar, Cathedral Ceiling, Cedar Closet, Kitchen Center Island, Sauna, Storage, Skylight(s), Walk In Closet, Whirlpool
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, Great Room, Laundry/Utility Room, Loft, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Whirlpool/Spa

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Beach Block, Cul-De-Sac, Water View
  • Lot Dimensions: 117 x 118 x 85
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Sep 4, 2020
Sold by
Bassman Robert S and Bassman Eilene S
Bought by
41-33 Limited Liability Company
Seller's Agent
Joan Siracusa
FARLEY and FERRY REALTY, INC
Buyer's Agent
Denise Gibbons
NEW ERA REAL ESTATE-B
List Price
$2,975,000
Sold Price
$2,500,000
Premium/Discount to List
-$475,000
-15.97%
Current Estimated Value
$5,463,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,963,972
Avg. Annual Appreciation
17.99%
Original Mortgage
$1,500,000
Outstanding Balance
$1,344,336
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$4,176,660

Purchase Details

Closed on
Mar 17, 2002
Sold by
Bassman Robert S and Bassman Eilene S
Bought by
Bassman Robert S and Bassman Eilene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 18, 1998
Sold by
Bassman Robert S and Bassman Eilene S
Bought by
Bassman Robert S and Bassman Eilene S
Source: Public Records

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Range of Values:

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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
41-33 Limited Liability Company $2,500,000 Land Title Services
Bassman Robert S -- --
Bassman Robert S -- --
Bassman Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 41-33 Limited Liability Company $1,500,000
Previous Owner Bassman Robert S $445,000
Previous Owner Bassman Robert S $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $2,500,000 -6.5% --
07/20/2020 07/20/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $2,675,000 -0.9% --
06/04/2020 06/04/20 Price Changed $2,700,000 -3.2% --
03/20/2020 03/20/20 Price Changed $2,790,000 -6.2% --
01/30/2020 01/30/20 For Sale $2,975,000 -- --
Source: South Jersey Shore Regional 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 $31,304 $2,790,000 $2,311,000 $479,000
2023 $28,263 $2,790,000 $2,311,000 $479,000
2022 $28,263 $2,790,000 $2,311,000 $479,000
2021 $27,147 $2,790,000 $2,311,000 $479,000
2020 $30,451 $3,088,300 $2,311,000 $777,300
2019 $30,389 $3,088,300 $2,311,000 $777,300
2018 $29,242 $2,971,700 $2,311,000 $660,700
2017 $28,647 $2,971,700 $2,311,000 $660,700
2016 $27,518 $2,971,700 $2,311,000 $660,700
2015 $26,953 $2,971,700 $2,311,000 $660,700
2014 $26,686 $2,971,700 $2,311,000 $660,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 533101

South Jersey Shore Regional MLS

APN: 15-00001-0000-00004