NOT LISTED FOR SALE

Estimated Value: $2,624,000 - $3,020,693

5 Beds
3 Baths
2,572 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $1,250,000 $486 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $15,794/month

Highlights

  • Ocean Front
  • 0.34 Acre Lot
  • Deck
  • Water Access
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of September 2013

"HIGH DUNES" is a Perfect Oceanfront 5 bedroom, 3 bath, 2500 square foot Beach house with spectacular views of Beach and Ocean. Walk In Ready, tastefully furnished, with fully equipped kitchen, dining and living combo and a newly renovated ground floor room perfect for additional family room or theater whichever you prefer. Jacuzzi tub in Master bath, multiple decks and roof top deck with panoramic views of both ocean and bay. Private Beach Access. Excellent rental history if one is looking for an investment. Gross receipts have totaled approx.$90,000 plus for last two seasons and earnings expected to exceed $100,000 this 2012 season.PROPERTY SUSTAINED DAMAGE FROM SANDY HOWEVER NO DAMAGE TO THE LIVING AREA ONLY BELOW. THIS PROPERTY IS IN PROCESS OF BEING PUT BACK TO IS BEAUTIFUL PRE-STORM CONDITION.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 01/25/2012

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 01/25/2012

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,550

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 60x263
  • Ocean Front
  • Property is zoned R-36, r-36

Parking

  • Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,572 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Dryer

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Porch

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number LONG BEACH TWP.

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,550

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Dryer, Refrigerator, Stove, Oven/Range - Gas
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Window Treatments, Floor Plan - Open, Master Bath(s), Whirlpool/Hottub
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Slab, Pilings
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2572
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 542.38
  • Above Grade Finished Sq Ft: 2572
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Fiberglass, Shingle
  • View: Water, Ocean, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Land Assessed Value: 1270500.00
  • Lot Size Acres: 0.34
  • Lot Dimensions: 60x263
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R-36
  • Zoning Description: r-36

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3019729
  • Tax Annual Amount: 13550.00
  • Assessor Parcel Number: LONG BEACH TWP.
  • Tax Lot: 3
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Sep 20, 2013
Sold by
High Dune Properties Llc
Bought by
Shields Jeffrey L and Shields Sofia
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,745,000
Sold Price
$1,250,000
Premium/Discount to List
-$495,000
-28.37%
Current Estimated Value
$2,789,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,539,673
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Jun 25, 2010
Sold by
Spass Robert A
Bought by
High Dune Properties Llc

Purchase Details

Closed on
Mar 28, 2007
Sold by
Karopoulos Harry and Karopoulos Wendy
Bought by
Spass Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Caprio Thomas and Spada Joseph
Bought by
Karopoulos Harry and Karopoulos Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shields Jeffrey L $1,250,000 Agent For Westcor Land Tit
High Dune Properties Llc $1,275,000 None Available
Spass Robert A $1,650,000 None Available
Karopoulos Harry $1,500,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spass Robert A $1,000,000
Previous Owner Karopoulos Harry $770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $1,250,000 -28.4% $486 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
01/25/2012 01/25/12 For Sale $1,745,000 -- $678 / Sq Ft
Source: Bright MLS

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 $13,444 $1,258,800 $1,258,800 --
2024 $13,354 $1,505,500 $1,258,800 $246,700
2023 $12,526 $1,505,500 $1,258,800 $246,700
2022 $12,526 $1,505,500 $1,258,800 $246,700
2021 $12,134 $1,505,500 $1,258,800 $246,700
2020 $12,422 $1,249,700 $1,097,300 $152,400
2019 $12,534 $1,249,700 $1,097,300 $152,400
2018 $12,160 $1,249,700 $1,097,300 $152,400
2017 $12,222 $1,249,700 $1,097,300 $152,400
2016 $12,322 $1,249,700 $1,097,300 $152,400
2015 $15,410 $1,564,500 $1,270,500 $294,000
2014 $15,035 $1,564,500 $1,270,500 $294,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC257396

Bright MLS

APN: 18-00001-45-00003