NOT LISTED FOR SALE

Estimated Value: $3,059,000 - $4,080,000

4 Beds
2 Baths
2,184 Sq Ft
$1,581/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $3,000,000 $1,374 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $20,285/month

30 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • No HOA
  • 0.37 Acre Lot
  • 1 Fireplace
  • Den

About This Home

As of March 2023

Arguably one of the most desirable bayfront locations in Loveladies. Opportunities like this are rare. Tucked away in a cul-de-sac, with nothing but water views for as far as the eye can see, this 17,000+ sq. ft. Bayfront Lot boasts an unheard of 218 feet on the bay with a building site that can easily accommodate a 7,500+ sq. foot custom home. This building site calculation is as per the Long Beach Township Tax map. A new survey has been ordered.For those not looking for a project, the current ranch-style home offers 4 bedrooms, two full baths, multiple sitting areas, a garage, and amazing views throughout. The home has been a rental property for the past 32 years to the same tenant. No usable rental history is available.

Last Agent to Sell the Property

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113 Listed on: 11/16/2022

Berkshire Hathaway HomeServices Zack Shore Realtors

Last Buyer's Agent

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113 Listed on: 11/16/2022

Berkshire Hathaway HomeServices Zack Shore Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,955

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 145 x 110
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den
  • Water Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Portable Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-00020-172-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,955

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront
  • Inclusions: Washer, Wall Oven, Counter Top Range, Dryer, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Den
  • New Construction: No
  • Year Built: 1972
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • 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: 0.37
  • General Property Info Lot Dimensions: 145 x 110
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Den: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Style Ranch: Yes
  • Heating Oil Above Ground: Yes
  • Kitchen Ceramic Tile3: Yes
  • Water Type Bulkhead: Yes
  • Water Heater Tank: Yes
  • Included Counter Top Range: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Bayfront: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wall Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.37
  • Waterfront Features: Bayfront, Bulkhead
  • Waterfront: Yes
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Lot Info

  • Lot Dimensions: 145 x 110
  • Lot Size Sq Ft: 16117.2
  • Parcel #: 18-00020-172-00002
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18955.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Lbi Lanmd Holding Llc
Bought by
Not Given
Current Estimated Value
$3,452,174

Purchase Details

Listed on
Nov 16, 2022
Closed on
Feb 28, 2023
Sold by
Sawyna Enterprises Inc
Bought by
Lbi Land Holding Llc
Seller's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Dec 22, 2022
Sold by
Kraynick Cherie
Bought by
Federal Emergency Management Agency
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Not Given $1,000 None Listed On Document
Lbi Land Holding Llc $3,000,000 --
Lbi Land Holding Llc $3,000,000 None Listed On Document
Federal Emergency Management Agency $1,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $3,000,000 -14.2% $1,374 / Sq Ft
11/15/2022 11/15/22 For Sale $3,495,000 -- $1,600 / 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
2025 $19,450 $2,178,100 $2,175,500 $2,600
2024 $20,860 $2,178,100 $2,175,500 $2,600
2023 $19,566 $2,351,700 $2,175,500 $176,200
2022 $19,566 $2,351,700 $2,175,500 $176,200
2021 $18,910 $2,351,700 $2,175,500 $176,200
2020 $19,835 $1,995,500 $1,884,000 $111,500
2019 $20,015 $1,995,500 $1,884,000 $111,500
2018 $19,416 $1,995,500 $1,884,000 $111,500
2017 $19,516 $1,995,500 $1,884,000 $111,500
2016 $19,676 $1,995,500 $1,884,000 $111,500
2015 $19,656 $1,995,500 $1,884,000 $111,500
2014 $19,177 $1,995,500 $1,884,000 $111,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22235388

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00020-172-00002