NOT LISTED FOR SALE

Estimated Value: $1,977,761 - $2,645,000

4 Beds
2.5 Baths
1,995 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $1,075,000 $539 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $12,968/month

Highlights

  • 40 Feet of Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Ocean View
  • Deck
  • Wood Flooring

About This Home

As of September 2016

This reversed living oceanfront home has spectacular unobstructed oceanviews that span the coast for as far as the eye can see. The open concept floor plan allows for carefree entertaining in the spacious living room, dining room, kitchen and family room. Some additional features include fiberglass decks, vaulted ceilings, roof top deck with views of Atlantic City, glass block for privacy and a marble wood burning fireplace with gas conversion. The first floor consists of three bedrooms, laundry room, sitting room and fiberglass deck off of the master bedroom. The sitting room can be converted to a fourth bedroom. The oversized tandem garage allows for plenty of storage. This property is being sold "As Is".

Last Agent to Sell the Property

Craig Stefanoni

BHHS Zack Shore REALTORS License #8437113 Listed on: 01/26/2016

BHHS Zack Shore REALTORS

Last Buyer's Agent

David Cowles

BHHS Zack Shore REALTORS License #8133142

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,623

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 40 x 100
  • 40 Feet of Waterfront
  • Ocean Front
  • Property is zoned R-36, R-36

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,995 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Holgate Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 18-00001-20-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,623

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Reverse
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Remarks Public: This reversed living oceanfront home has spectacular unobstructed oceanviews that span the coast for as far as the eye can see. The open concept floor plan allows for carefree entertaining in the spacious living room, dining room, kitchen and family room. Some additional features include fiberglass decks, vaulted ceilings, roof top deck with views of Atlantic City, glass block for privacy and a marble wood burning fireplace with gas conversion. The first floor consists of three bedrooms, laundry room, sitting room and fiberglass deck off of the master bedroom. The sitting room can be converted to a fourth bedroom. The oversized tandem garage allows for plenty of storage. This property is being sold "As Is".
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Tile/Brick, Fully Carpeted, Wood
  • Interior Amenities: Window Treatments, Ceiling Fan(s), Floor Plan - Open, Recessed Lighting, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Window Features: Double Hung, Screens, Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Efficiency (Additional), Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1995
  • Living Area Sq Ft: 1995
  • Price Per Sq Ft: 651.13
  • Above Grade Finished Sq Ft: 1995
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5113

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Fiberglass, Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 357500.00
  • Land Assessed Value: 924000.00
  • Lot Dimensions: 40 X 100
  • Outdoor Living Structures: Deck(s)
  • Zoning: R-36
  • Zoning Description: R-36

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3019347
  • Tax Annual Amount: 12622.78
  • Assessor Parcel Number: 18-00001-20-00012
  • Tax Lot: 12
  • Tax Year: 2015
  • Close Date: 09/02/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Aug 31, 2016
Sold by
Benedetti Peter V and Benedetti Lucille
Bought by
Russo Mark
Seller's Agent
Craig Stefanoni
BHHS Zack Shore REALTORS
Buyer's Agent
David Cowles
BHHS Zack Shore REALTORS
List Price
$1,299,000
Sold Price
$1,075,000
Premium/Discount to List
-$224,000
-17.24%
Current Estimated Value
$2,239,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,440
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Feb 7, 2012
Sold by
Beneditti Lucille and Benedetti Lucille
Bought by
Benedetti Peter and Benedetti Lucille
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
Russo Mark $1,075,000 --
Benedetti Peter -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $1,075,000 -17.2% $539 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $1,299,000 -- $651 / 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 $12,430 $1,391,900 $1,060,000 $331,900
2024 $12,346 $1,391,900 $1,060,000 $331,900
2023 $11,581 $1,391,900 $1,060,000 $331,900
2022 $11,581 $1,391,900 $1,060,000 $331,900
2021 $11,219 $1,391,900 $1,060,000 $331,900
2020 $10,709 $1,077,400 $924,000 $153,400
2019 $10,806 $1,077,400 $924,000 $153,400
2018 $10,483 $1,077,400 $924,000 $153,400
2017 $12,533 $1,281,500 $924,000 $357,500
2016 $12,636 $1,281,500 $924,000 $357,500
2015 $12,623 $1,281,500 $924,000 $357,500
2014 $12,315 $1,281,500 $924,000 $357,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC188040

Bright MLS

APN: 18-00001-20-00012