NOT LISTED FOR SALE

Estimated Value: $306,168 - $520,000

0.18 Acre
$2,294,911 Price per Acre
7,841 Sq Ft Lot

Sale Details

Date Sold: June 14, 2022

Last sale price $256,000

Est. 61% increase in value since last sale

Current estimated payment $2,720 / mo

217 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Riparian rights to water flowing past the property
  • Level Lot

About This Lot

As of June 2022

PRIME LOCATION! SURROUNDED BY BEAUTIFUL HOMES AND CONDOS. WAS ONCE HOME TO A RESTAURANT. ZONED RESIDENTIAL/COMMERCIAL. WATERFRONT WITH BULKHEAD.

Last Agent to Sell the Property

Michael Casso

Prominent Estates Realty License #1861490 Listed on: 10/28/2021

Last Buyer's Agent

Kenneth Sosnicki

Keller Williams Shore Properties License #1755886

Keller Williams Shore Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,582

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 78 x 101
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Cleared Lot

Outdoor Features

  • Riparian rights to water flowing past the property
  • Electricity Available at Street
  • Bulkhead

Schools

  • Russ Brackman Middle School

Additional Features

  • Bay Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 01-00202-0000-00009

Property Details

Property Type

Land

Est. Annual Taxes

$5,582

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Bayfront, Level, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 78 x 101
  • Location Middle School: Russ Brackman
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Bayfront: Yes
  • Water Type Riparian Rights: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.18
  • Waterfront Features: Bayfront, Bayview, Bulkhead, Riparian Rights
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Russ Brackman

Lot Info

  • Lot Dimensions: 78 x 101
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 01-00202-0000-00009
  • Zoning Description: Residential, Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5582.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jun 1, 2022
Sold by
Colletti and Deanna
Bought by
Dorado Property Mgmt Llc
Seller's Agent
Michael Casso
Prominent Estates Realty
Buyer's Agent
Kenneth Sosnicki
Keller Williams Shore Properties
List Price
$299,000
Sold Price
$256,000
Premium/Discount to List
-$43,000
-14.38%
Current Estimated Value
$413,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,084
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
Apr 28, 2004
Sold by
Eastern Shore Developers Inc
Bought by
Colletti Paul and Colletti Deanna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dorado Property Mgmt Llc $256,000 Counsellors Title
Dorado Property Mgmt Llc $256,000 Counsellors Title
Colletti Paul $170,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $256,000 -14.4% --
06/02/2022 06/02/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $299,000 0.0% --
05/10/2022 05/10/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $299,000 +16.8% --
01/30/2022 01/30/22 Off Market $256,000 -- --
10/28/2021 10/28/21 For Sale $299,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,166 $200,000 $200,000 --
2024 $5,822 $200,000 $200,000 $0
2023 $5,634 $200,000 $200,000 $0
2022 $5,634 $200,000 $200,000 $0
2021 $5,608 $200,000 $200,000 $0
2020 $5,582 $200,000 $200,000 $0
2019 $5,500 $200,000 $200,000 $0
2018 $5,458 $200,000 $200,000 $0
2017 $5,368 $200,000 $200,000 $0
2016 $5,258 $200,000 $200,000 $0
2015 $5,092 $200,000 $200,000 $0
2014 $11,611 $468,000 $468,000 $0
Source: Public Records

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22135158

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00202-0000-00009

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