NOT LISTED FOR SALE

Estimated Value: $6,621,000 - $8,094,000

5 Beds
6 Baths
-- Sq Ft
0.47 Acres

Last Sold June 29, 2012

Last sale price $2,400,000

Est. 198% increase in value since last sale

Current estimated payment $41,110/month

Highlights

  • Water Access
  • 0.47 Acre Lot
  • No HOA
  • Property Fronts a Bay or Harbor

About This Home

As of June 2012

QUIETUDE ON THE BAY... Simply the best parcel along Loveladies famed Platinum Coast with deep water dockage. Site offers waterfrontage along the westerly and southerly sides. Attain enlightenment through contemplation, self-meditation, and intuition with this rare jewel of a site. With fantastic south-westerly orientation, this one-of-a-kind 110 x 186 site has a new vinyl bulkhead, deep water dock with heavy-duty boat lifts, and Studio Tagland plans for a 6,000 sq. ft.+ Zen-like Nantucket shingle style compound. Simply the best bay site on LBI. Price reflects land, available plans and CAFRA permit. Plans available at office. Survey and copy of permit on file.

Last Agent to Sell the Property

Joy Luedtke

(609) 494-8883 joy@joyislbi.com Joy Luedtke Real Estate, LLC Listed on: 09/10/2010

Last Buyer's Agent

Joy Luedtke

(609) 494-8883 joy@joyislbi.com Joy Luedtke Real Estate, LLC Listed on: 09/10/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,057

Lot Details

  • 0.47 Acre Lot
  • Property Fronts a Bay or Harbor
  • Irregular Lot
  • Property is zoned R10, R10

Outdoor Features

  • Water Access
  • Riparian Grant
  • Bulkhead

Additional Features

  • Bay Views
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 1800020006200017

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,057

Lot Details

0

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 9000.00
  • Land Assessed Value: 1605000.00
  • Lot Features: Bulkheaded, Irregular
  • Lot Size Acres: 0.47
  • Lot Dimensions: 110 ft x 186 ft
  • Zoning: R10
  • Zoning Description: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026781
  • Tax Annual Amount: 13057.00
  • Assessor Parcel Number: 1800020006200017
  • Tax Lot: 17
  • Tax Year: 2008
  • Close Date: 06/29/2012

Multi Family

  • Waterfront Features: Riparian Grant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2010
Closed on
Jun 27, 2012
Sold by
Forte Mary L and Matthies William E
Bought by
Caulin Laurie A
Seller's Agent
Joy Luedtke
Joy Luedtke Real Estate, LLC
Buyer's Agent
Joy Luedtke
Joy Luedtke Real Estate, LLC
List Price
$3,099,000
Sold Price
$2,400,000
Premium/Discount to List
-$699,000
-22.56%
Current Estimated Value
$7,159,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,759,273
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Feb 6, 2004
Sold by
Starer Larry J
Bought by
Forte Mary L and Matthies William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
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
Caulin Laurie A $2,400,000 Or
Forte Mary L $3,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forte Mary L $1,000,000
Previous Owner Forte Mary L $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $2,400,000 -22.6% --
05/27/2012 05/27/12 Pending -- -- --
09/10/2010 09/10/10 For Sale $3,099,000 -- --
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 $39,182 $4,387,700 $1,920,000 $2,467,700
2024 $38,919 $4,387,700 $1,920,000 $2,467,700
2023 $36,506 $4,387,700 $1,920,000 $2,467,700
2022 $36,506 $4,387,700 $1,920,000 $2,467,700
2021 $35,365 $4,387,700 $1,920,000 $2,467,700
2020 $27,206 $2,737,000 $1,605,000 $1,132,000
2019 $27,452 $2,737,000 $1,605,000 $1,132,000
2018 $26,631 $2,737,000 $1,605,000 $1,132,000
2017 $26,768 $2,737,000 $1,605,000 $1,132,000
2016 $26,987 $2,737,000 $1,605,000 $1,132,000
2015 $26,959 $1,614,000 $1,605,000 $9,000
2014 $15,511 $1,614,000 $1,605,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC266020

Bright MLS

APN: 18-00020-62-00017