NOT LISTED FOR SALE

Estimated Value: $601,000 - $657,000

3 Beds
2.5 Baths
1,689 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $529,000 $313 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,888/month

18 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • A-Frame Home
  • Dock has access to electricity and water
  • Property near a lagoon
  • Deck

About This Home

As of March 2023

Welcome to 40 S Portland Dr where the picturesque views of wildlife and amazing sunsets are majestic. The exterior of this home has a semi private feel with trees that boarder the left side of the property. There is 75 feet of vinyl bulkhead with a lighted stationary dock, paver patio and Azek decking and an 8x10 shed for additional storage with electric. The interior has a warm comfortable living room with a gas fireplace, dining area, counter seating, granite, plenty of soft cabinetry with the addition of the Kessebohmer Lemans corner cabinet - see in pics - this is awesome! There are 3 bedrooms and 2.5 bathrooms, the third bedroom is on the second floor with a private bath and walk-in closet. On the second floor there is a 7x10 fiberglass deck off the hall and a 3x7 Juliette balcon off the primary bedroom. The attached garage can be used as a workshop, hold a smaller sized car, store a boat or jet skis.Reasonable flood insurance! **There will be a future assessment for dredging**

Last Agent to Sell the Property

Sharon Bailey

EXP Realty License #1758264 Listed on: 01/09/2023

EXP Realty

Last Buyer's Agent

Stacey Ghigliotty

Berkshire Hathaway HomeServices Zack Shore REALTORS License #0231452

Berkshire Hathaway HomeServices Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1973

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 75 x 75
  • Home fronts a lagoon or estuary

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • A-Frame Home
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,689 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Wall to Wall Carpet
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a lagoon
  • Dock has access to electricity and water
  • Wetlands on Lot
  • Balcony
  • Deck
  • Patio
  • Shed
  • Storage Shed

Schools

  • Pinelands Regional High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17-00325-313-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,259

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Wetlands, Lagoon
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Refrigerator
  • Subdivision Name: None
  • Architectural Style: A-Frame, 2 Story
  • Reso Interior Features: Attic - Pull Down Stairs, Sliding Door
  • Reso Other Structures: Storage Shed
  • Year Built: 1973
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 75 x 75
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Exterior Dock: Yes
  • Exterior WaterElect Dock: Yes
  • Living Room Sliding Door2: Yes
  • Lot Description Wetlands2: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exterior Features: Balcony, Deck, Dock, Patio, Shed, Water/Elect @ Dock
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 75
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 17-00325-313-00021
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5259.0

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 7, 2023
Sold by
Adams Robert J and Adams Carol M
Bought by
Nilsson Ralph
Seller's Agent
Sharon Bailey
EXP Realty
Buyer's Agent
Stacey Ghigliotty
Berkshire Hathaway HomeServices Zack Shore REALTORS
List Price
$539,900
Sold Price
$529,000
Premium/Discount to List
-$10,900
-2.02%
Views
40
Current Estimated Value
$632,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,212
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Kupselaitis Robert and Kupselaitis Kathy
Bought by
Adams Robert J and Adams Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Nilsson Ralph $529,000 Surety Title
Adams Robert J $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Robert J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $529,000 -2.0% $313 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $539,900 -- $320 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,332 $272,900 $131,000 $141,900
2023 $5,009 $197,600 $67,300 $130,300
2022 $5,259 $192,200 $67,300 $124,900
2021 $4,317 $192,200 $67,300 $124,900
2020 $5,078 $192,200 $67,300 $124,900
2019 $4,901 $192,200 $67,300 $124,900
2018 $4,624 $192,200 $67,300 $124,900
2017 $4,567 $192,200 $67,300 $124,900
2016 $4,346 $192,200 $67,300 $124,900
2015 $4,399 $192,200 $67,300 $124,900
2014 $5,265 $288,300 $195,600 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22300665

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00325-313-00021