NOT LISTED FOR SALE

56 Lake Michigan Dr Little Egg Harbor Township, NJ 08087

Little Egg Harbor Township Neighborhood

Estimated Value: $328,000 - $397,848

3 Beds
1 Bath
864 Sq Ft
$427/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $152,500 $177 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,346/month

4 Days on Market

Highlights

  • Home fronts navigable water
  • Home fronts a lagoon or estuary
  • No HOA
  • Water Access
  • Rambler Architecture
  • Forced Air Heating System

About This Home

As of May 2020

Amazing Waterfront Opportunity! Attention Builders, Investors or buyers looking for that ideal waterfront location at the end of a cul-de-sac with 175 feet of bulkhead. These oversized lots are hard to come by. Bring your boat, wave runners, and still have plenty of room for friends to dock. Home has been in the same family for over 40 years and although stated No interior damage from Sandy the home was neglected over recent years and in need of major renovations and or build new. This lot offers spectacular views being at the point of two wide deep lagoons. Don't miss this opportunity as this is priced to sell.

Last Agent to Sell the Property

Robert Cecchini

(732) 921-3983 rcecchini@kw.com Keller Williams Shore Properties Listed on: 02/05/2020

Keller Williams Shore Properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 55.00 x 122.00
  • Home fronts a lagoon or estuary
  • Home fronts navigable water
  • Property is zoned R-50

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a lagoon

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mystic Island Subdivision

Listing and Financial Details

  • Tax Lot 00055
  • Assessor Parcel Number 17-00325 50-00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,143

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Sellers personal property
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 185.07
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 60400.00
  • Land Assessed Value: 102500.00
  • Lot Dimensions: 55.00 x 122.00
  • Lot Size Units: Square Feet
  • Zoning: R-50

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3013891
  • Tax Annual Amount: 4143.00
  • Assessor Parcel Number: 17-00325 50-00055
  • Tax Lot: 00055
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Apr 21, 2020
Sold by
Frikker Mary Ann and Estate Of Joseph John Frikker
Bought by
Garcia Eddy
Seller's Agent
Robert Cecchini
Keller Williams Shore Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%
Current Estimated Value
$369,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,712
Avg. Annual Appreciation
17.24%
Original Mortgage
$122,000
Outstanding Balance
$107,872
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$261,340
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Eddy $152,500 Catic Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Eddy $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Sold $152,500 0.0% $177 / Sq Ft
05/01/2020 05/01/20 Sold $152,500 -4.6% -- View Prior Sale
03/19/2020 03/19/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $159,900 0.0% $185 / Sq Ft
01/09/2020 01/09/20 For Sale $159,900 -- --
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 $4,799 $162,900 $102,500 $60,400
2024 $4,602 $162,900 $102,500 $60,400
2023 $4,457 $162,900 $102,500 $60,400
2022 $4,457 $162,900 $102,500 $60,400
2021 $4,384 $162,900 $102,500 $60,400
2020 $4,304 $162,900 $102,500 $60,400
2019 $4,154 $162,900 $102,500 $60,400
2018 $3,919 $162,900 $102,500 $60,400
2017 $3,871 $162,900 $102,500 $60,400
2016 $3,895 $162,900 $102,500 $60,400
2015 $4,429 $183,100 $102,500 $80,600
2014 $4,551 $237,900 $163,800 $74,100
Source: Public Records

Agents Affiliated with this Home

  • Robert Cecchini

    Seller's Agent in 2020

    Robert Cecchini

    Keller Williams Shore Properties

    (732) 921-3983

    62 Total Sales

    Robert Cecchini
    Section Image

  • J

    Seller's Agent in 2020

    Joseph Dino

    Keller Williams Shore Properties

  • N

    Buyer's Agent in 2020

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2020

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: Bright MLS

MLS Number: NJOC395110

Bright MLS

APN: 17-00325-50-00055

New Jersey Ocean County Little Egg Harbor Township 08087 Little Egg Harbor Township

56 Lake Michigan Dr, Little Egg Harbor Township, NJ

Not Listed for Sale

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