NOT LISTED FOR SALE

507 Drexel Ave Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,626,000 - $2,061,000

4 Beds
3 Baths
2,052 Sq Ft
$883/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,200,000 $585 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,535/month

79 Days on Market

Highlights

  • Heated In Ground Pool
  • Contemporary Architecture
  • Granite Countertops
  • Deck
  • Loft
  • No HOA

About This Home

As of April 2021

The ultimate beach house awaits you & it's time to make it yours! Located within two blocks of the beach & offers easy access on & off island, close to many shops & restaurants. On the homes first level you will find one bedroom, full bath, handicap accessible, kitchen, living room, dining room & plenty of decking off the dining room. Second level consists of master suite with master bath & walk in closet, two additional bedrooms, full bath & laundry room. Second level also has family room with slider to private deck. Full ground level enclosure with parking & direct access to elevator & backyard, where you will find inground pool & fully hardscaped private yard with firepit area and storage shed. Along side of the home you will find the outdoor shower and swing for extra enjoyment!

Last Agent to Sell the Property

Stacey Pirrello

Keller Williams Shore Properties Listed on: 11/12/2020

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,523

Year Built

  • Built in 2003

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 60 x 65
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Double-Wide Driveway
  • Paver Block
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Awning
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Vinyl Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed
  • Storage Shed
  • Outdoor Gas Grill

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Assessor Parcel Number 29-00119-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,523

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, Pool Equipment, Vinyl
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Awnings, Garbage Disposal, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Contemporary
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Elevator, Loft, Sliding Door, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 2003
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Garage Underground Garage: Yes
  • Pool Heated3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 60 x 65
  • Location Middle School: Southern Reg
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Pool Pool Equipment: Yes
  • Pool Vinyl2: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Included Gas Grill: Yes
  • Interior Loft: Yes
  • Foyer Floor - Ceramic: Yes
  • Included Garbage Disposal: Yes
  • Dining Room Sliding Door3: Yes
  • Included Awnings: Yes
  • Garage Heated2: Yes
  • Basement Piling: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances Included:Central Vacuum: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Floor - LinoleumVinyl7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: Seller's personal property
  • Exterior Features: Balcony, Deck, Fence, Outdoor Shower, Patio, Shed, Sprinkler Under, Porch - Covered
  • Foundation Details: Piling
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Double Wide Drive, Driveway, On Street, Direct Access, Heated Garage, Underground
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 60 x 65
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 29-00119-0000-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7523.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Apr 28, 2021
Sold by
York Ronald and York Carrie
Bought by
Setrin Michael and Setrin Katrina Paglia
Seller's Agent
Stacey Pirrello
Keller Williams Shore Properties
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,798,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,070
Avg. Annual Appreciation
9.92%
Original Mortgage
$900,000
Outstanding Balance
$824,238
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$978,082

Purchase Details

Listed on
Feb 6, 2018
Closed on
May 10, 2018
Sold by
Ligeikis Mark J and Ligeikis Clara A
Bought by
York Ronald and York Carrie
Seller's Agent
David Sheridan
BHHS Zack Shore REALTORS
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Original Mortgage
$637,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1999
Sold by
Dawson Bruce D and Dawson Sarah J
Bought by
Ligeikis Mark J and Ligeikis Clara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

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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
Setrin Michael $1,200,000 Surety Ttl Agcy Coastal Regi
York Ronald $850,000 None Available
Ligeikis Mark J $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setrin Michael $900,000
Previous Owner York Ronald $636,000
Previous Owner York Ronald $637,500
Previous Owner York Ronald $637,500
Previous Owner Ligeikis Mark J $384,000
Previous Owner Ligeikis Mark J $378,000
Previous Owner Ligeikis Mark J $125,000
Previous Owner Ligeikis Mark J $375,000
Previous Owner Ligeikis Mark J $100,000
Previous Owner Ligeikis Mark J $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,200,000 0.0% $585 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $1,200,000 +41.2% $585 / Sq Ft
05/10/2018 05/10/18 Sold $850,000 0.0% $414 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $849,900 -- $414 / 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
2024 $8,292 $721,700 $294,700 $427,000
2023 $7,643 $721,700 $294,700 $427,000
2022 $7,643 $721,700 $294,700 $427,000
2021 $7,495 $711,100 $294,700 $416,400
2020 $7,516 $711,100 $294,700 $416,400
2019 $7,523 $711,100 $294,700 $416,400
2018 $7,548 $712,100 $294,700 $417,400
2017 $6,871 $693,300 $294,700 $398,600
2016 $5,767 $521,000 $249,000 $272,000
2015 $5,627 $521,000 $249,000 $272,000
2014 $5,622 $521,000 $249,000 $272,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stacey Pirrello

    Keller Williams Shore Properties

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

  • David Sheridan

    Seller's Agent in 2018

    David Sheridan

    BHHS Zack Shore REALTORS

    (609) 709-2280

    68 in this area

    97 Total Sales

    Section Image

  • d

    Buyer's Agent in 2018

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22040337

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00119-0000-00003

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

507 Drexel Ave, Ship Bottom, NJ

This home is located at 507 Drexel Ave, Ship Bottom, NJ 08008 since 12 November 2020 and is currently estimated at $1,812,882, approximately $883 per square foot. This property was built in 2003. 507 Drexel Ave is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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