NOT LISTED FOR SALE

Estimated Value: $1,100,950 - $1,298,000

3 Beds
2 Baths
1,368 Sq Ft
$903/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $525,000 $384 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,964/month

Highlights

  • Building is oceanfront but unit may not have water views
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of May 2013

Bright and airy Cape Cod style home located on a quiet oceanside street in Barnegat Light. This house has a wonderful sense of privacy whether you are enjoying one of the three open decks or reading on the spacious screened porch located off the kitchen. A great beach house!

Last Agent to Sell the Property

Sarah Ann Miller

sam@islandrealtylbi.com.prod Island Realty Listed on: 09/13/2011

Last Buyer's Agent

Matt Kulinski

(609) 276-2602 mkulinski@ganderson.com G. Anderson Agency License #0119748

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,098

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50x125
  • Building is oceanfront but unit may not have water views
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level
  • Wooded Lot
  • Property is zoned RB, RB

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Sliding Doors
  • Crawl Space
  • Storage In Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Storage Shed
  • Porch

Location

  • Flood Risk

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • No Smoking Allowed
  • Tax Lot 8
  • Assessor Parcel Number 0200019000000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,098

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Habitable Residence: No
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Dryer, Refrigerator, Dishwasher, Washer
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Attic, Recessed Lighting, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Double Hung
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 8
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1368
  • Living Area Sq Ft: 1368
  • Price Per Sq Ft: 423.25
  • Above Grade Finished Sq Ft: 1368
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Open Parking: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling: No
  • Electricity On Property: No
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Fencing: Partially
  • Improvement Assessed Value: 154400.00
  • Irrigation Water Rights: No
  • Land Assessed Value: 500000.00
  • Land Lease: No
  • Lot Features: Level, Trees/Wooded
  • Lot Dimensions: 50x125
  • Outdoor Living Structures: Screened, Deck(s), Porch(es)
  • Property Attached Yn: No
  • Topography: Level
  • Zoning: RB
  • Zoning Description: RB
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No
  • Green Verification: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5097.78
  • Assessor Parcel Number: 0200019000000008
  • Tax Lot: 8
  • Tax Year: 2010
  • Close Date: 05/01/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2011
Closed on
Apr 26, 2013
Sold by
Reath Donald and Reath Mary Ann
Bought by
Latimer Edward and Latimer Isabelle
Seller's Agent
Sarah Ann Miller
Island Realty
Buyer's Agent
Matt Kulinski
G. Anderson Agency
List Price
$679,000
Sold Price
$525,000
Premium/Discount to List
-$154,000
-22.68%
Current Estimated Value
$1,235,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,488
Avg. Annual Appreciation
7.05%
Original Mortgage
$275,000
Outstanding Balance
$57,616
Interest Rate
2.78%
Mortgage Type
New Conventional
Estimated Equity
$1,162,811
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
Latimer Edward $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latimer Edward $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $525,000 -22.7% $384 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
09/13/2011 09/13/11 For Sale $679,000 -- $496 / 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 $5,283 $524,100 $450,000 $74,100
2024 $4,670 $524,100 $450,000 $74,100
2023 $4,334 $524,100 $450,000 $74,100
2022 $4,334 $524,100 $450,000 $74,100
2021 $4,664 $524,100 $450,000 $74,100
2020 $4,733 $524,100 $450,000 $74,100
2019 $4,560 $524,100 $450,000 $74,100
2018 $4,481 $524,100 $450,000 $74,100
2017 $4,638 $524,100 $450,000 $74,100
2016 $4,518 $524,100 $450,000 $74,100
2015 $4,355 $524,100 $450,000 $74,100
2014 $5,916 $654,400 $500,000 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC265048

Bright MLS

APN: 02-00019-0000-00008