$160,000
SOLD DEC 21, 2022
2 Beds
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

7% Above List Price

27 Days on Market

Highlights

  • Water Views
  • Property near a lagoon
  • Cottage
  • Home fronts a lagoon or estuary
  • No HOA
  • Patio

About This Home

As of October 2024

Imagine the possibilities!! This property has been completely brought back to a blank slate, ready for new owners to make it their own! Formally a 2 bedroom, 1 bath bungalow on scenically located on the lagoon in the highly desirable Mystic Island Section of Little Egg Harbor, this property is situated on a 50x100ft lot, with a newer 50ft bulkhead. Renovate and restore to it's former glory, build using the current footprint or build brand new! Located only a short distance from Long Beach Island, Atlantic City and all the other amazing aspects of the New Jersey Shore!! Incredible value for an incredible opportunity!! Don't miss out!

Last Agent to Sell the Property

Andre DiStefano

Keller Williams Realty Spring Lake Listed on: 11/02/2022

Last Buyer's Agent

ANDRE DI STEFANO

Douglas Elliman of NJ LLC License #2077008

Douglas Elliman of NJ LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1966

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Home fronts a lagoon or estuary

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Parking Available
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Patio

Schools

  • Pinelands Regional High School

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17-00325-89-00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1966
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Garage None4: Yes
  • Parking Concrete: Yes
  • Cooling None12: Yes
  • Water Type Bulkhead: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Personal Property
  • Exterior Features: Patio
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Concrete, Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public
  • Heating:None: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 17-00325-89-00038

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3035.0

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Oct 15, 2024
Sold by
Carvalho Property Management Llc
Bought by
Whalen Michael
Seller's Agent
Wallace Chaves
Keller Williams Realty - Moorestown
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$778,000
Sold Price
$783,000
Premium/Discount to List
$5,000
0.64%
Views
128
Current Estimated Value
$667,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,086
Avg. Annual Appreciation
-17.02%
Original Mortgage
$583,000
Outstanding Balance
$577,760
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$95,423

Purchase Details

Listed on
Nov 2, 2022
Closed on
Dec 20, 2022
Sold by
Amoroso Vincent
Bought by
Carvalho Property Management Llc
Seller's Agent
Andre DiStefano
Keller Williams Realty Spring Lake
Buyer's Agent
ANDRE DI STEFANO
Douglas Elliman of NJ LLC
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.29%
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 Type Sale Price Title Company
Bargain Sale Deed $783,000 Anchor Title
Bargain Sale Deed $783,000 Anchor Title
Bargain Sale Deed $160,000 Trident Abstract Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $583,000 New Conventional
Closed $583,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $783,000 +0.6% $392 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $778,000 +386.3% $389 / Sq Ft
12/21/2022 12/21/22 Sold $160,000 +6.7% --
12/19/2022 12/19/22 For Sale $150,000 0.0% --
11/29/2022 11/29/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $150,000 -- --
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 $3,187 $86,100 $86,100 $0
2023 $3,086 $112,800 $80,000 $32,800
2022 $3,086 $112,800 $80,000 $32,800
2021 $3,035 $112,800 $80,000 $32,800
2020 $2,980 $112,800 $80,000 $32,800
2019 $2,876 $112,800 $80,000 $32,800
2018 $2,714 $112,800 $80,000 $32,800
2017 $2,680 $112,800 $80,000 $32,800
2016 $2,697 $112,800 $80,000 $32,800
2015 $2,729 $112,800 $80,000 $32,800
2014 $3,730 $195,000 $150,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22234002

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00325-89-00038