NOT LISTED FOR SALE

58 Lake Michigan Dr Little Egg Harbor Township, NJ 08087

Little Egg Harbor Township Neighborhood

Estimated Value: $381,000 - $416,000

2 Beds
1 Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold November 24, 2020

Last sale price $240,000

Est. 67% increase in value since last sale

Current estimated payment $2,523/month

10 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Granite Countertops
  • Docks
  • Property near a lagoon
  • No HOA

About This Home

As of November 2020

Waterfront Alert!! Ahh Serenity! Adorable home located on a wide lagoon, close access to the Bay. Two bedroom one bath home features and open floor plan, wall to wall windows in the back den offer unobstructed views of the water. Tiled front enclosed porch/sun-room, Large eat in kitchen with granite counters stainless appliances and plenty of cabinets! Economically hot water based board heat, Laundry area includes washer and gas dryer. Culdesac location offers over 100' of water frontage. This one is perfect for a summer retreat or someone who wishes to downsize and enjoy life on the water, plenty of room for expansion as well.. Don't miss the boat on this one!

Last Agent to Sell the Property

Stacey Smith

Fathom Realty NJ License #0902455 Listed on: 09/26/2020

Fathom Realty NJ

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1964

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 32 x 101
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Water Views
  • Storm Doors

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Available
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Patio
  • Shed
  • Porch

Schools

  • Pinelands Middle School
  • Pinelands Regional High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17-00325-50-00054

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,264

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Dead End Street, Lagoon
  • Inclusions: Washer, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1964
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.07
  • General Property Info Lot Dimensions: 32 x 101
  • General Property Info Farm: No
  • Location Middle School: Pinelands
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • Parking Concrete: Yes
  • Lot Description Cul-De-Sac: Yes
  • Exterior Dock: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Topography: Level
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exterior Features: Dock, Patio, Porch - Open, Shed, Storm Door(s)
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Pinelands

Lot Info

  • Lot Dimensions: 32 x 101
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 17-00325-50-00054
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4264.0

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 18, 2020
Sold by
Pompa Anthony and Estate Of Charles Lotesto
Bought by
Lisa Robert J and Defeis Annmarie
Seller's Agent
Stacey Smith
Fathom Realty NJ
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$199,900
Sold Price
$240,000
Premium/Discount to List
$40,100
20.06%
Current Estimated Value
$400,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,007
Avg. Annual Appreciation
10.78%
Original Mortgage
$165,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2020
Sold by
Lotesto Charles and Lotesto Carmella
Bought by
Lotesto Charles
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
Lisa Robert J $240,000 Sunnyside Title
Lisa Robert J $240,000 Catic Title
Lotesto Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lisa Robert J $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $240,000 +20.1% --
10/07/2020 10/07/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $199,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,926 $167,200 $89,100 $78,100
2024 $4,723 $167,200 $89,100 $78,100
2023 $4,575 $167,200 $89,100 $78,100
2022 $4,575 $167,200 $89,100 $78,100
2021 $4,101 $167,200 $89,100 $78,100
2020 $4,417 $167,200 $89,100 $78,100
2019 $4,264 $167,200 $89,100 $78,100
2018 $4,023 $167,200 $89,100 $78,100
2017 $3,973 $167,200 $89,100 $78,100
2016 $3,748 $167,200 $89,100 $78,100
2015 $3,795 $167,200 $89,100 $78,100
2014 $3,771 $210,200 $138,500 $71,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stacey Smith

    Fathom Realty NJ

    Section Image

  • 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: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034717

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00325-50-00054

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

58 Lake Michigan Dr, Little Egg Harbor Township, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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