NOT LISTED FOR SALE

Estimated Value: $1,765,000 - $2,272,000

4 Beds
3.5 Baths
2,326 Sq Ft
$905/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $1,099,000 $472 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $11,680/month

277 Days on Market

Highlights

  • Oceanside
  • Open Floorplan
  • Contemporary Architecture
  • Bay View
  • Deck
  • No HOA

About This Home

As of May 2020

8 E 23rd Street in Spray Beach is the essence of beach living on LBI. This pristine Island retreat is nestled in the heart of Spray Beach and just 3 homes from the Spray Beach Yacht Club. With a south facing lot and perfectly placed windows, light and sun soak every inch of this home inside and out. There are 4 generous sized bedrooms including 2 suites, 3.5 baths and a reverse living floorplan with ample decks to enjoy. The main living level on the top floor is wide open and allows you gather with family and friends. You can recap the day's events at the island in the kitchen or sitting at the table in the large dining room. The deck off the main living room spans the entire length of the house and can be completely covered by a retractable awning. This space allows you to enjoy all the sailing action happening on the bay right from the comfort of your own front deck. If you are looking to see a glorious LBI sunset or 4th of July fireworks, then the roof deck is your spot! Perched high atop the home, the roof deck gives you a full 360 degree breathtaking view of the south end of the Island. It's been a family home and never a rental, but this home will command $6500 per week in season. This should be on your list of homes to see today.

Last Agent to Sell the Property

Matt Kulinski

(609) 492-1277 mkulinski@ganderson.com G. Anderson Agency License #0119748 Listed on: 08/24/2019

Last Buyer's Agent

Mark Reynolds

(609) 494-8883 joyislbi@comcast.net Joy Luedtke Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,197

Year Built

  • Built in 2002

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Level Lot
  • The property's topography is level

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,326 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Sided Fireplace
  • Gas Fireplace
  • Awning
  • Double Hung Windows
  • Sliding Doors
  • Bay Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Spray Beach Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 18-00005-10-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,197

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Not furnished
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Window Treatments, Ceiling Fan(s), Kitchen - Island, Floor Plan - Open, Recessed Lighting, Primary Bath(s)
  • Window Features: Double Hung
  • Fireplace Features: Double Sided, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2326
  • Living Area Sq Ft: 2326
  • Price Per Sq Ft: 472.48
  • Above Grade Finished Sq Ft: 2326
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Awning(s), Outside Shower
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 454400.00
  • Land Assessed Value: 388000.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: SINGLE
  • Zoning Description: single

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3021114
  • Tax Annual Amount: 8197.00
  • Assessor Parcel Number: 18-00005-10-00015
  • Tax Lot: 15
  • Tax Year: 2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
May 29, 2020
Sold by
Welch Jeffrey and Welch Lois
Bought by
Drum John and Drum Katharina
Seller's Agent
Matt Kulinski
G. Anderson Agency
Buyer's Agent
Mark Reynolds
Joy Luedtke Real Estate, LLC
List Price
$1,199,000
Sold Price
$1,099,000
Premium/Discount to List
-$100,000
-8.34%
Current Estimated Value
$2,104,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,851
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Nelson Patterson Agency Inc
Bought by
Welch Jeffrey and Welch Lois

Purchase Details

Closed on
Oct 10, 2001
Sold by
Venezia Robert
Bought by
Mancini Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,500
Interest Rate
6.86%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Komuves Lucinda
Bought by
Venezia Robert and Venezia Julianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.27%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Drum John $1,099,000 Ocean View Title And Escrow
Welch Jeffrey $875,000 First American Title Ins Co
Mancini Realty Inc $302,500 --
Venezia Robert $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mancini Realty Inc $431,500
Previous Owner Venezia Robert $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $1,099,000 0.0% $472 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $1,099,000 -4.4% $472 / Sq Ft
02/03/2020 02/03/20 Price Changed $1,149,000 -4.2% $494 / Sq Ft
08/24/2019 08/24/19 For Sale $1,199,000 -- $515 / Sq Ft
Source: Bright MLS

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 $9,001 $1,007,900 $520,000 $487,900
2024 $8,926 $1,007,900 $520,000 $487,900
2023 $8,372 $1,006,300 $520,000 $486,300
2022 $8,372 $1,006,300 $520,000 $486,300
2021 $8,111 $1,006,300 $520,000 $486,300
2020 $8,373 $842,400 $388,000 $454,400
2019 $8,449 $842,400 $388,000 $454,400
2018 $8,197 $842,400 $388,000 $454,400
2017 $8,239 $842,400 $388,000 $454,400
2016 $8,306 $842,400 $388,000 $454,400
2015 $8,298 $842,400 $388,000 $454,400
2014 $8,095 $842,400 $388,000 $454,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC386842

Bright MLS

APN: 18-00005-10-00015