NOT LISTED FOR SALE

Estimated Value: $2,375,000 - $3,550,000

4 Beds
3.5 Baths
-- Sq Ft
1,960 Sq Ft Lot

Last Sold October 02, 2014

Last sale price $990,000

Est. 192% increase in value since last sale

Current estimated payment $17,215/month

11 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Den
  • Deck
  • Great Room
  • 3-minute walk to 33rd Avenue Playground Longport

About This Home

As of October 2014

Sensational, unobstructed ocean views and from this 3-story custom design one home off beach with southern exposure. Features open layout, 4 bedrooms, 3.5 baths, 2 zone heat and air, Andersen windows, hardwood on first floor, gas fireplace, awesome views from master bedroom and deck on 3rd floor. Off street parking and enclosed outside shower. Very well maintained and easy to show. 43 STEPS TO THE BEACH AND WON'T FIND A BETTER LOCATION! LOCATION! LOCATION!

Last Agent to Sell the Property

MATTHEW VASSALLO

Compass Real Estate-Margate License #SP-8243493 Listed on: 08/01/2014

Compass Real Estate-Margate

Last Buyer's Agent

MATTHEW VASSALLO

Compass Real Estate-Margate License #SP-8243493 Listed on: 08/01/2014

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,674

Lot Details

  • Lot Dimensions are 30' x 65'
  • Building is beachfront but unit may not have water views
  • Sprinkler System

Home Design

  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,674

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Curtains, Drapes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Shed, Sprinkler System
  • Siding Exterior: Cedar, Wood Shingle

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 30' X 65'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 23, 2014
Sold by
Hoffman Donald L and Hoffman Janine M
Bought by
Scher Daniel A and Scher Daryl W
Seller's Agent
MATTHEW VASSALLO
Compass Real Estate-Margate
Buyer's Agent
MATTHEW VASSALLO
Compass Real Estate-Margate
List Price
$990,000
Sold Price
$990,000
Current Estimated Value
$2,895,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,905,638
Avg. Annual Appreciation
10.25%
Original Mortgage
$742,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2001
Sold by
Dugan Joseph and Dugan Lorraine F
Bought by
Hoffman Donald L and Hoffman Janine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.12%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Dugan Lorraine F and Dugan Joseph T
Bought by
Dugan Joseph T and Dugan Lorraine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1995
Sold by
Dugan Joseph T and Dugan Lorraine F
Bought by
Dugan Lorraine P

Purchase Details

Closed on
Jul 15, 1992
Sold by
Macciocca Frank
Bought by
Dugan Joseph T and Dugan Lorraine F

Purchase Details

Closed on
Aug 27, 1991
Sold by
Carteret Savings Bank
Bought by
Macciocca Frank and Macciocca Brocco,Maria

Purchase Details

Closed on
Sep 27, 1990
Sold by
Floriani Mario F
Bought by
Carteret Savings Bank F A

Purchase Details

Closed on
Apr 30, 1990
Sold by
Busler Sally
Bought by
Dessner Marvin and Dessner Marjorie

Purchase Details

Closed on
May 25, 1989
Sold by
English Oaks Development Corp
Bought by
Busler Sally

Purchase Details

Closed on
May 24, 1989
Sold by
Mellinger Barbara and Mellinger Robert
Bought by
English Oaks Development Corp
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
Scher Daniel A $990,000 None Available
Hoffman Donald L $750,000 --
Dugan Joseph T -- Stewart Title Guaranty Compa
Dugan Lorraine P -- --
Dugan Joseph T $525,000 --
Macciocca Frank $172,500 --
Carteret Savings Bank F A $100 --
Dessner Marvin -- --
Busler Sally $475,000 --
English Oaks Development Corp $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scher Daniel A $700,000
Closed Scher Daniel A $700,000
Closed Scher Daniel A $742,500
Previous Owner Hoffman Donald L $400,000
Previous Owner Dugan Joseph T $640,000
Previous Owner Dugan Joseph T $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2014 10/02/14 Sold $990,000 0.0% --
08/12/2014 08/12/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $990,000 -- --
Source: South Jersey Shore Regional 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
2024 $14,674 $1,307,800 $1,007,900 $299,900
2023 $13,248 $1,307,800 $1,007,900 $299,900
2022 $13,248 $1,307,800 $1,007,900 $299,900
2021 $12,725 $1,307,800 $1,007,900 $299,900
2020 $12,895 $1,307,800 $1,007,900 $299,900
2019 $12,869 $1,307,800 $1,007,900 $299,900
2018 $12,869 $1,307,800 $1,007,900 $299,900
2017 $12,607 $1,307,800 $1,007,900 $299,900
2016 $12,110 $1,307,800 $1,007,900 $299,900
2015 $11,862 $1,307,800 $1,007,900 $299,900
2014 $11,744 $1,307,800 $1,007,900 $299,900
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 433323

South Jersey Shore Regional MLS

APN: 15-00069-0000-00002