NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,789,000

4 Beds
3 Baths
1,990 Sq Ft
$718/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $600,000 $302 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $8,075/month

Highlights

  • Ocean View
  • Bayside
  • Wood Flooring
  • Open Floorplan
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of September 2014

If your looking for a get away on LBI this is it. Holgate is located on our most southern end of the island, which offers quiet strolls, uncrowded beaches, quick access by boat out of the Beach Haven Inlet, and is also home of the Edwin B. Forsythe National Wildlife Refuge. This contemporary home has just been renovated, new kitchen with custom tile and granite, new bathrooms with tile, and wood flooring throughout the first floor. Living room, kitchen, bathroom and 2 bedrooms plus a jr. suite on the first floor and a private master suite on the 2nd floor. Enjoy your evenings sitting on your large screened in porch off the living room. This porch has plenty of room to entertain friends and family. This ideal home sits just 3 houses to the beach, take in ocean and bay views from one of your 3 decks or close your eyes and let the sounds of the waves take you away. Best yet, this homes elevation puts it in the preferred rate for flood insurance!!!

Last Agent to Sell the Property

Katherine Spataro

(609) 276-3936 kspataro@rivierarealty.com BHHS Zack Shore REALTORS License #0233147 Listed on: 04/12/2014

BHHS Zack Shore REALTORS

Co-Listed By

Stephen Brotschul

steve4lbi@comcast.net Bayshore Agency-No Beach Haven License #TREND:SBROTSST

Last Buyer's Agent

Katherine Spataro

(609) 276-3936 kspataro@rivierarealty.com BHHS Zack Shore REALTORS License #0233147 Listed on: 04/12/2014

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,893

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 65 x 62.5
  • Property is zoned R50, R50

Parking

  • Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,990 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Window Treatments
  • Living Room
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • Holgate Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 18-00001-34-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,893

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Remarks Public: If your looking for a get away on LBI this is it. Holgate is located on our most southern end of the island, which offers quiet strolls, uncrowded beaches, quick access by boat out of the Beach Haven Inlet, and is also home of the Edwin B. Forsythe National Wildlife Refuge. This contemporary home has just been renovated, new kitchen with custom tile and granite, new bathrooms with tile, and wood flooring throughout the first floor. Living room, kitchen, bathroom and 2 bedrooms plus a jr. suite on the first floor and a private master suite on the 2nd floor. Enjoy your evenings sitting on your large screened in porch off the living room. This porch has plenty of room to entertain friends and family. This ideal home sits just 3 houses to the beach, take in ocean and bay views from one of your 3 decks or close your eyes and let the sounds of the waves take you away. Best yet, this homes elevation puts it in the preferred rate for flood insurance!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Dishwasher
  • Flooring Type: Wood, Ceramic Tile, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1990
  • Living Area Sq Ft: 1990
  • Price Per Sq Ft: 326.58
  • Above Grade Finished Sq Ft: 1990
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Water, Ocean, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Type: Baseboard - Electric
  • 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: 154800.00
  • Land Assessed Value: 483000.00
  • Lot Dimensions: 65 x 62.5
  • Outdoor Living Structures: Screened, Porch(es)
  • Zoning: R50
  • Zoning Description: R50

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3019500
  • Tax Annual Amount: 5893.00
  • Assessor Parcel Number: 18-00001-34-00018
  • Tax Lot: 18
  • Tax Year: 2013
  • Close Date: 09/17/2014

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2014
Closed on
Sep 17, 2014
Sold by
Reischmann Gilbert M and Reischmann Christine
Bought by
Newman Matthew and Newman Maureen
Seller's Agent
Katherine Spataro
BHHS Zack Shore REALTORS
Buyer's Agent
Katherine Spataro
BHHS Zack Shore REALTORS
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%
Current Estimated Value
$1,428,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,631
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Dec 31, 1996
Sold by
Iannuzzilli Lawrence
Bought by
Reischmann Gilbert and Reischmann Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.48%
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
Newman Matthew $600,000 Countryside Title
Reischmann Gilbert $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reischmann Gilbert $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $600,000 -13.7% $302 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
04/12/2014 04/12/14 For Sale $695,000 -- $349 / 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 $6,377 $714,100 $527,000 $187,100
2024 $6,334 $714,100 $527,000 $187,100
2023 $5,941 $714,100 $527,000 $187,100
2022 $5,941 $714,100 $527,000 $187,100
2021 $5,756 $714,100 $527,000 $187,100
2020 $5,937 $597,300 $483,000 $114,300
2019 $5,991 $597,300 $483,000 $114,300
2018 $5,812 $597,300 $483,000 $114,300
2017 $5,842 $597,300 $483,000 $114,300
2016 $5,889 $597,300 $483,000 $114,300
2015 $6,282 $637,800 $483,000 $154,800
2014 $6,129 $637,800 $483,000 $154,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC230980

Bright MLS

APN: 18-00001-34-00018