NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,676,033

0.25 Acre
$5,266,068 Price per Acre
10,890 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $1,250,000

Est. 6% increase in value since last sale

Current estimated payment $7,740/month

76 Days on Market

About This Lot

As of September 2021

Excellent opportunity to own this 11,100 Sq. ft. (111x100) buildable vacant lot with bay views in Loveladies. Perfect location for a 6 bedroom and 6 full bath, 5,000 square foot dream home with room for a pool! A new home on this lot can have beautiful bay view sunsets from a multitude of decks where you can relax and entertain all summer. Join the Loveladies Harbor Association for beach access parking in dedicated oceanside lots. Close proximity to Matthew’s Bay Front Park and Playground, ?ne dining and shops all within the tranquil privacy of Loveladies.

Last Agent to Sell the Property

Michelle Tilton

Mancini Realty Co. Inc. License #2075822 Listed on: 06/18/2021

Last Buyer's Agent

Michelle Tilton

Mancini Realty Co. Inc. License #2075822 Listed on: 06/18/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,740

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 111.00 x 100.00
  • Cleared Lot
  • Property is zoned R10

Location

  • Flood Risk
  • Bayside

Utilities

  • Municipal Trash

Community Details

  • No Home Owners Association
  • Loveladies Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 18-00020 61-00008

Property Details

Property Type

Land

Est. Annual Taxes

$5,740

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity to own this 11,100 Sq. ft. (111x100) buildable vacant lot with bay views in Loveladies. Perfect location for a 6 bedroom and 6 full bath, 5,000 square foot dream home with room for a pool! A new home on this lot can have beautiful bay view sunsets from a multitude of decks where you can relax and entertain all summer. Join the Loveladies Harbor Association for beach access parking in dedicated oceanside lots. Close proximity to Matthew’s Bay Front Park and Playground, fine dining and shops all within the tranquil privacy of Loveladies.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 116.67
  • Street Number Modifier: 56

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.25
  • Lot Dimensions: 111.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11100.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: R10
  • Zoning Description: Res
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026762
  • Tax Annual Amount: 5740.00
  • Assessor Parcel Number: 18-00020 61-00008
  • Tax Lot: 00008
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/29/2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 22, 2021
Sold by
Milpa Partners Llc
Bought by
Honickman Jeffrey and Honickman Marjorie
Seller's Agent
Michelle Tilton
Mancini Realty Co. Inc.
Buyer's Agent
Michelle Tilton
Mancini Realty Co. Inc.
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Current Estimated Value
$1,329,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,242
Avg. Annual Appreciation
1.66%

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 11, 2016
Sold by
Bannar Stephen M and Bannar Barbara L
Bought by
Milpa Partners Llc
Seller's Agent
Nancy Spark
RE/MAX of Long Beach Island
Buyer's Agent
Tim McCulla
Mary Allen Realty, Inc.
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Pojednic Donald
Bought by
Bannar Stephen and Bannar Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.24%
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
Honickman Jeffrey $1,250,000 Surety Title Company
Milpa Partners Llc $600,000 First American Title
Bannar Stephen $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bannar Stephen M $221,500
Previous Owner Bannar Stephen $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $1,250,000 -3.5% --
09/02/2021 09/02/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,295,000 +115.8% --
05/11/2016 05/11/16 Sold $600,000 0.0% $244 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $600,000 -- $244 / 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
2024 $5,544 $625,000 $625,000 $0
2023 $5,200 $625,000 $625,000 $0
2022 $5,200 $625,000 $625,000 $0
2021 $5,038 $625,000 $625,000 $0
2020 $5,740 $577,500 $577,500 $0
2019 $5,792 $577,500 $577,500 $0
2018 $5,619 $577,500 $577,500 $0
2017 $5,648 $577,500 $577,500 $0
2016 $6,458 $655,000 $577,500 $77,500
2015 $6,452 $655,000 $577,500 $77,500
2014 $6,295 $655,000 $577,500 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2000100

Bright MLS

APN: 18-00020-61-00008