NOT LISTED FOR SALE

Estimated Value: $3,175,000 - $4,436,000

2 Beds
1 Bath
576 Sq Ft
$6,557/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $460,000 $799 Per Sq Ft

Est. 721% increase in value since last sale

Current estimated payment $22,367/month

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Skylights
  • Ocean View
  • Breakfast Area or Nook
  • 1 Car Attached Garage

About This Home

As of December 2018

MAJOR PRICE REDUCTION ? BEST OCEANFRONT VALUE ON LBI ? only 2 blocks from the Causeway and you?ll be mesmerized by the expansive Oceanviews from the spacious deck and Living Room of this Oceanfront condo. Located on the top floor in a small complex of only 6 units, it has the premium location on the end closest to the beach access. Although compact it has all that is needed for carefree living at the shore. Featuring 2 Bedrooms/1 Bath(newly remodeled shower & floor), open Living Room/Dining Area/Kitchen Combo w/Breakfast counter, loft for kids, in unit stack washer dryer & Murphy Bed for extra sleeping area. This unit includes a garage & driveway for extra parking + the 2 assigned parking spaces. The exterior has vinyl shakes and deluxe Timbertech decking for barefoot comfort and easy care. Excellent rental. Offered furnished. Don?t miss some of the best views you?ll see on LBI!!!

Last Agent to Sell the Property

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 11/25/2017

Last Buyer's Agent

Mary Bolognese

BHHS Zack Shore REALTORS License #9806954

BHHS Zack Shore REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 100x190
  • 100 Feet of Waterfront
  • Ocean Front
  • 1 Common Wall
  • The property's topography is level

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 576 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Central Air
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 29-00117-0000-00001-0000-C.1

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior building maintenance, insurance
  • Sea Watch Shipbottom HOA
  • Ship Bottom Subdivision

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,140

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Remarks Public: MAJOR PRICE REDUCTION ? BEST OCEANFRONT VALUE ON LBI ? only 2 blocks from the Causeway and you?ll be mesmerized by the expansive Oceanviews from the spacious deck and Living Room of this Oceanfront condo. Located on the top floor in a small complex of only 6 units, it has the premium location on the end closest to the beach access. Although compact it has all that is needed for carefree living at the shore. Featuring 2 Bedrooms/1 Bath(newly remodeled shower & floor), open Living Room/Dining Area/Kitchen Combo w/Breakfast counter, loft for kids, in unit stack washer dryer & Murphy Bed for extra sleeping area. This unit includes a garage & driveway for extra parking + the 2 assigned parking spaces. The exterior has vinyl shakes and deluxe Timbertech decking for barefoot comfort and easy care. Excellent rental. Offered furnished. Don?t miss some of the best views you?ll see on LBI!!!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven/Range - Electric, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Vinyl, Fully Carpeted
  • Interior Amenities: Window Treatments, Breakfast Area, Ceiling Fan(s)
  • Window Features: Skylights, Screens, Sliding, Insulated
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Door Features: Storm
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room Count: 4
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 576
  • Living Area Sq Ft: 576
  • Price Per Sq Ft: 824.65
  • Above Grade Finished Sq Ft: 576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 519

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Assigned
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance
  • HOA Name: SEA WATCH SHIPBOTTOM
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 77200.00
  • Land Assessed Value: 486000.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 100x190
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R3EC
  • Zoning Description: R3EC

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3077165
  • Tax Annual Amount: 5140.00
  • Assessor Parcel Number: 29-00117-0000-00001-0000-C.1
  • Tax Lot: 1
  • Tax Year: 2016
  • Close Date: 12/14/2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Visco Henry and Visco Patricia
Bought by
Dibattiste Peter M
Current Estimated Value
$3,776,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2005
Sold by
Cohan Todd M
Bought by
Visco Henry and Visco Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 1998
Sold by
Bird Paul E and Bird Katherine D
Bought by
Cohan Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Dibattiste Peter M $2,225,000 Trident Abstract Ttl Agcy Ll
Dibattiste Peter M $2,225,000 Fidelity National Title
Visco Henry $2,562,500 --
Cohan Todd M $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Julie $712,500
Previous Owner Dibattiste Peter M $766,000
Previous Owner Esmerado Joseph $275,000
Previous Owner Visco Henry S $100,000
Previous Owner Visco Henry $945,000
Previous Owner Cohan Todd M $600,000
Previous Owner Cohan Todd M $1,485,000
Previous Owner Esmerado Joseph $110,450
Previous Owner Cohan Todd M $50,000
Previous Owner Cohan Todd M $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $460,000 -26.9% $799 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/25/2017 11/25/17 For Sale $629,000 -- $1,092 / 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 $23,374 $2,241,000 $1,400,000 $841,000
2024 $22,522 $2,241,000 $1,400,000 $841,000
2023 $21,870 $2,241,000 $1,400,000 $841,000
2022 $21,870 $2,231,600 $1,400,000 $831,600
2021 $20,129 $2,231,600 $1,400,000 $831,600
2020 $19,482 $2,231,600 $1,400,000 $831,600
2019 $19,437 $2,231,600 $1,400,000 $831,600
2018 $16,681 $1,643,400 $1,000,000 $643,400
2017 $16,894 $1,643,400 $1,000,000 $643,400
2016 $16,483 $1,643,400 $1,000,000 $643,400
2015 $15,810 $1,643,400 $1,000,000 $643,400
2014 $15,727 $1,643,400 $1,000,000 $643,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC160300

Bright MLS

APN: 32-00022-0000-00004