NOT LISTED FOR SALE

58 Arkansas Ave Ocean City, NJ 08226

Estimated Value: $3,119,000 - $3,733,000

4 Beds
3 Baths
3,032 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $1,400,000 $462 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $19,493/month

3 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Colonial Architecture
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Deck
  • Den

About This Home

As of April 2016

Spectacular Rivera waterfront home featuring open living area w/gas log fireplace, den & full bath on 1st Floor; Master bedroom with deck, 3 boat slips.

Last Agent to Sell the Property

Douglas Grisbaum

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave License #SB-8243225 Listed on: 04/18/2016

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Last Buyer's Agent

Douglas Grisbaum

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave License #SB-8243225 Listed on: 04/18/2016

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,761

Lot Details

  • Lot Dimensions are 52 x 105
  • Home fronts a lagoon or estuary

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Laundry Room
  • Crawl Space
  • Storage In Attic
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,761

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Lvt Date: 04/18/2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck
  • Siding Exterior: Wood
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Lagoon Front
  • Lot Dimensions: 52 X 105
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Apr 29, 2016
Sold by
Bianchimano Joseph and Bianchimano Janet A
Bought by
Lauletta Frank A and Lauletta Maryann C
Seller's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$3,336,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,936,452
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Fries John
Bought by
Bianchimano Joseph and Bianchimano Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.05%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Renna Eugene A
Bought by
Fries John and Fries Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.53%

Purchase Details

Closed on
Jun 15, 1993
Sold by
Mcmahon William and Mcmahon Sandra M
Bought by
Renna Eugene A and Renna Aprile A
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
Lauletta Frank A $1,400,000 None Available
Bianchimano Joseph $1,350,000 --
Fries John $700,000 --
Renna Eugene A $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauletta Frank A $900,000
Previous Owner Bianchimano Joseph A $750,000
Previous Owner Bianchimano Joseph $800,000
Previous Owner Fries John $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $1,400,000 0.0% $462 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $1,400,000 -- $462 / Sq Ft
Source: South Jersey Shore Regional 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 $15,761 $1,404,700 $783,300 $621,400
2024 $15,761 $1,404,700 $783,300 $621,400
2023 $15,044 $1,404,700 $783,300 $621,400
2022 $14,454 $1,404,700 $783,300 $621,400
2021 $10,479 $1,404,700 $783,300 $621,400
2020 $13,738 $1,404,700 $783,300 $621,400
2019 $13,583 $1,404,700 $783,300 $621,400
2018 $13,457 $1,404,700 $783,300 $621,400
2017 $12,109 $1,284,100 $783,300 $500,800
2016 $11,647 $1,284,100 $783,300 $500,800
2015 $11,493 $1,284,100 $783,300 $500,800
2014 $11,326 $1,284,100 $783,300 $500,800
Source: Public Records

Agents Affiliated with this Home

  • Douglas Grisbaum

    Seller's Agent in 2016

    Douglas Grisbaum

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 335-3801

    62 in this area

    67 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 466508

South Jersey Shore Regional MLS

APN: 08-01910-0000-00004

New Jersey Cape May County Ocean City 08226

58 Arkansas Ave, Ocean City, NJ

This home is located at 58 Arkansas Ave, Ocean City, NJ 08226 since 18 April 2016 and is currently estimated at $3,336,452, approximately $1,100 per square foot. 58 Arkansas Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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