Seller's Agent in 2012
Mary Ann O'Shea
RE/MAX
(609) 713-4164
100 in this area
129 Total Sales
401 Drexel Ave Ship Bottom, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $780,561 - $1,212,000
5
Beds
1.5
Baths
1,406
Sq Ft
$672/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Contemporary Architecture
- Corner Lot
- Bayside
- Main Floor Bedroom
- No HOA
About This Home
As of April 2012PRICED FOR A QUICK SALE! THIS ISLAND RETREAT IS ONLY A 1.5 BLOCKS FROM THE OCEAN! GO AHEAD AND FALL IN LOVE...THIS TIME YOU CAN AFFORD IT! THE PRICE IS RIGHT! FROM AN IMMACULATE 5 BEDROOM, 1.5 BATH CONTEMPORARY COMPLETELY GUTTED AND RENOVATED IN 1985 WITH NEW PLUMBING, NEW ELECTRIC, NEW KITCHEN & BATHS, TO OVER 1406 SQUARE FEET, TO A LIVING ROOM AND FAMILY ROOM FOR ENTERTAINING, TO ONLY A FEW FEET FROM THE BEACH & WITHIN WALKING DISTANCE TO AMUSEMENTS, STORES & RESTAURANTS, YOUR FAMILYS DREAM HOME CAN BE A REALITY BY CALLING TODAY! THIS ADORABLE AND AFFORDABLE BEACH HOME FEATURES A LARGE GREAT ROOM, DINING AREA AND KITCHEN THAT WILL BE THE CENTER OF YOUR ENTERTAINING! THE EFFICIENTLY DESIGNED KITCHEN FEATURES AMPLE CABINETRY FOR STORAGE AND COUNTER SPACE. THE UPSTAIRS "FAMILY AREA" COULD SERVE AS A HOBBY AREA OR OFFICE. FOR YOUR CONVENIENCE, THE LARGE UPSTAIRS BATH DOUBLES AS A LAUNDRY ROOM. ENJOY COOL SUMMER EVENINGS RELAXING ON YOUR PATIO OFF THE KITCHEN. IF YOURE SEARCHING HIGH A,D LOW FOR AN AFFORDABLE BEACH HOME STEPS AWAY FROM THE OCEAN, YOU CANT AFFORD NOT TO CONSIDER THIS CAPTIVATING CONTEMPORARY! GOOD THINGS DO COME IN SMALL PACKAGES & THIS IS ONE OF THEM! PLEASE NOTE THAT A VINYL FENCE WILL BE ADDED TO THE REAR OF THE PROPERTY!.............FEATURES......RENOVATED IN 1985, 1.5 BLOCKS TO THE BEACH 5 BEDROOMS, 1.5 BATHS, GAS STOVE/RANGE, REFRIGERATOR, DISHWASHER, MICROWAVE, LAUNDRY AREA, LIVING ROOM, FAMILY ROOM, 2 BEDROOMS ON LOWER LEVEL, 3 BEDROOMS ON UPPER LEVEL,ELECTRIC BASEBOARD HEAT, OUTSIDE SHOWER, PATIO, VINYL SIDING, 20X65 LOT SIZE.
Last Agent to Sell the Property
RE/MAX at Barnegat Bay - Ship Bottom Listed on: 11/01/2011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,186
Year Built
- Built in 1985
Lot Details
- Lot Dimensions are 20x65
- Partially Fenced Property
- Corner Lot
- Level Lot
- The property's topography is level
- Property is zoned OR, or
Home Design
- Contemporary Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,406 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Partially Furnished
- Recessed Lighting
- Insulated Windows
- Double Hung Windows
- Window Screens
- Wall to Wall Carpet
- Crawl Space
- Storm Doors
Kitchen
- Gas Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Patio
- Outdoor Grill
Location
- Bayside
Schools
- Southern Regional Middle School
- Southern Regional High School
Utilities
- Zoned Heating and Cooling
- Window Unit Cooling System
- Electric Baseboard Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 2900128000000005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2011
Closed on
Apr 12, 2012
Sold by
Schaal Mary G
Bought by
Franchino Nicole
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$369,900
Sold Price
$345,000
Premium/Discount to List
-$24,900
-6.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,145
Avg. Annual Appreciation
7.89%
Original Mortgage
$195,000
Outstanding Balance
$31,666
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$919,770
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franchino Nicole | $345,000 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Franchino Nicole | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2012 04/12/12 | Sold | $345,000 | -6.7% | $245 / Sq Ft |
| 03/15/2012 03/15/12 | Pending | -- | -- | -- |
| 11/01/2011 11/01/11 | For Sale | $369,900 | -- | $263 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,982 | $259,500 | $138,400 | $121,100 |
| 2023 | $2,748 | $259,500 | $138,400 | $121,100 |
| 2022 | $2,748 | $259,500 | $138,400 | $121,100 |
| 2021 | $1,373 | $259,500 | $138,400 | $121,100 |
| 2020 | $2,743 | $259,500 | $138,400 | $121,100 |
| 2019 | $2,746 | $259,500 | $138,400 | $121,100 |
| 2018 | $2,751 | $259,500 | $138,400 | $121,100 |
| 2017 | $2,572 | $259,500 | $138,400 | $121,100 |
| 2016 | $2,545 | $229,900 | $114,500 | $115,400 |
| 2015 | $2,483 | $229,900 | $114,500 | $115,400 |
| 2014 | $2,481 | $229,900 | $114,500 | $115,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: NJOC259088
APN: 29-00128-0000-00005
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