NOT LISTED FOR SALE

Estimated Value: $2,521,000 - $4,424,000

-- Bed
6 Baths
2,064 Sq Ft
$1,747/Sq Ft Est. Value

Last Sold May 22, 2012

Last sale price $975,000 $472 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $21,063/month

Highlights

  • Ocean View
  • Open Floorplan
  • No HOA
  • Oceanside
  • Deck
  • Breakfast Area or Nook

About This Home

As of May 2012

TWO BY THE SEA - You will not find a better location than this without being oceanfront! This RARE Loveladies duplex 2nd off the beach offers open views of the Atlantic. Only steps to the Lifeguarded private beach access & convenient to the LBI Arts Foundation & tennis courts. Use property as it is or build your dream home that would have fantastic ocean views without paying the price! No sign on property.

Last Agent to Sell the Property

Donald Diorio

HCH Real Estate License #TREND:SDIORIDO Listed on: 10/01/2011

Co-Listed By

Dana Diorio-Clayton

(609) 709-4360 danadiorio@hotmail.com BHHS Zack Shore REALTORS License #8741607

Last Buyer's Agent

Charles Perkins

cmperkins20@hotmail.com RE/MAX of Long Beach Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,846

Year Built

  • Built in 1965

Lot Details

  • 10,019

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Ocean Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Oceanside
  • Deck

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Lot Dimensions are 100 x 100
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • $400 Yearly HOA

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1800020013500005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,846

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dishwasher, Dryer
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Floor Plan - Open, Ceiling Fan(s), Breakfast Area
  • Window Features: Storm, Screens, Casement, Skylights
  • Fireplace: No
  • Door Features: Storm, Sliding Glass
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Price Per Sq Ft: 580.91
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: $400 YEARLY
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 78800.00
  • Land Assessed Value: 945000.00
  • Land Lease: No
  • Lot Dimensions: 100 X 100
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES
  • Zoning Description: RES

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 8846.0
  • Assessor Parcel Number: 1800020013500005
  • Tax Lot: 5
  • Tax Year: 2011
  • Close Date: 05/22/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2011
Closed on
May 16, 2012
Sold by
Sloviter Dolores K
Bought by
Heindel John G and Heindel Susan C
Seller's Agent
Donald Diorio
HCH Real Estate
Buyer's Agent
Charles Perkins
RE/MAX of Long Beach Island
List Price
$1,199,000
Sold Price
$975,000
Premium/Discount to List
-$224,000
-18.68%
Current Estimated Value
$3,605,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,630,214
Avg. Annual Appreciation
10.25%
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
Heindel John G $975,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2012 05/22/12 Sold $975,000 -18.7% $472 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
10/01/2011 10/01/11 For Sale $1,199,000 -- $581 / 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 $23,393 $2,619,600 $1,000,000 $1,619,600
2024 $23,236 $2,619,600 $1,000,000 $1,619,600
2023 $21,692 $2,619,600 $1,000,000 $1,619,600
2022 $21,692 $2,607,200 $1,000,000 $1,607,200
2021 $21,014 $2,607,200 $1,000,000 $1,607,200
2020 $16,561 $1,666,100 $945,000 $721,100
2019 $16,711 $1,666,100 $945,000 $721,100
2018 $16,211 $1,666,100 $945,000 $721,100
2017 $16,294 $1,666,100 $945,000 $721,100
2016 $16,428 $1,666,100 $945,000 $721,100
2015 $16,411 $945,000 $945,000 $0
2014 $9,081 $945,000 $945,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC220288

Bright MLS

APN: 18-00020-135-00005