NOT LISTED FOR SALE

Estimated Value: $1,484,429 - $1,927,000

0.23 Acre
$7,244,100 Price per Acre
10,019 Sq Ft Lot

Last Sold August 03, 2015

Last sale price $151,100 $71 Per Sq Ft

Est. 1,003% increase in value since last sale

Current estimated payment $10,686/month

6 Days on Market

Highlights

  • Water Views
  • No HOA
  • Level Lot
  • Pumpkin Delight School Rated A-

About This Lot

As of August 2015

Outstanding on Ocean Avenue! Amazing level lot of just under a quarter acre just steps from the water and Seaview Avenue. Spectacular neighborhood is the perfect home to build the home of your dreams. Exceptional pricing for this lot you have to see to truly appreciate due to its location and characteristics. Priced thousands below town assessment this is an opportunity that is rare to come by. Call for an accompanied visit to see all it has to offer.

Last Agent to Sell the Property

Barbara Morris

William Raveis Real Estate License #RES. Listed on: 05/15/2015

Last Buyer's Agent

Paul Plonsky

Realty ONE Group Connect License #RES.0791388

Realty ONE Group Connect

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,617

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Open Lot

Property Views

  • Water Views

Schools

  • Pboe Elementary School
  • Pboe Middle School
  • Pboe High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$7,617

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Deerwood Ave to Milford Rd to Ocean Ave
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot, Open Lot, Water View
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 7617
  • Assessor Parcel Number: 1197615

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2016
Sold by
Bamf Homes Ltd
Bought by
Herrmann Gerard E and Herrmann Lynne L
Current Estimated Value
$1,666,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Outstanding Balance
$507,525
Interest Rate
3.59%
Mortgage Type
Unknown
Estimated Equity
$1,158,618

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 3, 2015
Sold by
Jp Morgan Chase Bank N
Bought by
Bamf Homes Ltd
Seller's Agent
Barbara Morris
William Raveis Real Estate
Buyer's Agent
Paul Plonsky
Realty ONE Group Connect
List Price
$89,100
Sold Price
$151,100
Premium/Discount to List
$62,000
69.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.28%
Original Mortgage
$150,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Johnson William
Bought by
Johnson Frances

Purchase Details

Closed on
May 1, 1998
Sold by
Kocaba Christopher
Bought by
Johnson Frances
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herrmann Gerard E $799,000 --
Herrmann Gerard E $799,000 --
Bamf Homes Ltd $151,100 --
Bamf Homes Ltd $151,100 --
Johnson Frances -- --
Johnson Frances -- --
Johnson Frances $142,500 --
Johnson Frances $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrmann Gerard E $639,000
Closed Herrmann Gerard E $639,000
Previous Owner Bamf Homes Ltd $150,000
Previous Owner Johnson Frances $25,250
Previous Owner Johnson Frances $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2015 08/03/15 Sold $151,100 +69.6% $71 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $89,100 -- $42 / Sq Ft
Source: SmartMLS

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 $21,392 $723,920 $201,250 $522,670
2024 $21,095 $723,920 $201,250 $522,670
2023 $19,295 $710,150 $201,250 $508,900
2022 $18,925 $710,150 $201,250 $508,900
2021 $16,112 $582,710 $141,780 $440,930
2020 $16,129 $582,710 $141,780 $440,930
2019 $16,147 $582,710 $141,780 $440,930
2018 $16,164 $582,710 $141,780 $440,930
2017 $16,194 $582,710 $141,780 $440,930
2016 $3,180 $114,220 $114,220 $0
2015 $7,802 $279,830 $114,220 $165,610
2014 -- $279,830 $114,220 $165,610
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: G10045767

SmartMLS

APN: MILF-000009-000125-000012

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