NOT LISTED FOR SALE

Estimated Value: $3,190,000 - $5,708,689

0.17 Acre
$27,249,541 Price per Acre
7,405 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $3,600,000

Est. 29% increase in value since last sale

Current estimated payment $27,906/month

61 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Oceanside
  • Beach Haven School Rated A-

About This Lot

As of November 2020

A PREMIER OCEANFRONT location in the LEHYC section of Beach Haven. All CAFRA approvals are in place for the construction of a new single family home (3750 sqft) and pool. Includes two additional 50x100 dune lots.

Last Agent to Sell the Property

Sunny Lenhard

Coastal Living Real Estate Group License #0235225 Listed on: 08/17/2020

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay License #0562673

RE/MAX at Barnegat Bay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,564

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Beach Front
  • Street terminates at a dead end
  • Cleared Lot

Outdoor Features

  • Electricity Available at Street
  • Oceanside

Schools

  • Beach Haven Elementary School

Additional Features

  • Ocean Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 04-00086-0000-00008

Property Details

Property Type

Land

Est. Annual Taxes

$25,564

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront, Dead End Street, Oceanfront, Oceanside, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 75 x 100
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.17
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 75 x 100
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00086-0000-00008
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 25564.0

MLS Schools

  • Elementary School: Beach Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 27, 2020
Sold by
Finan Abigail and Careenage Residential Trust
Bought by
Chapple Kyle T and Chapple Autumn M
Seller's Agent
Sunny Lenhard
Coastal Living Real Estate Group
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay
List Price
$4,000,000
Sold Price
$3,600,000
Premium/Discount to List
-$400,000
-10%
Current Estimated Value
$4,632,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,032,422
Avg. Annual Appreciation
5.27%
Original Mortgage
$1,950,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 9, 2014
Closed on
Aug 27, 2014
Sold by
Ferringo Heidi M
Bought by
Careenage Residence Trust
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,200,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Ward Robert E
Bought by
Ferringo Heidi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
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
Chapple Kyle T $3,600,000 University Title Ins Agcy
Chapple Kyle T $3,600,000 Chicago Title
Careenage Residence Trust $2,400,000 Chicago Title Insurance Co
Ferringo Heidi M $2,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chapple Kyle T $1,950,000
Previous Owner Careenage Residence Trust $1,200,000
Previous Owner Ferringo Heidi M $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $3,600,000 -10.0% --
10/18/2020 10/18/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $4,000,000 +66.7% --
08/27/2014 08/27/14 Sold $2,400,000 -14.3% -- View Prior Sale
07/20/2014 07/20/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $2,800,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $43,911 $3,346,900 $2,347,500 $999,400
2024 $40,531 $3,346,900 $2,347,500 $999,400
2023 $37,653 $3,346,900 $2,347,500 $999,400
2022 $26,409 $2,347,500 $2,347,500 $0
2021 $25,752 $2,347,500 $2,347,500 $0
2020 $26,315 $2,347,500 $2,347,500 $0
2019 $25,564 $2,347,500 $2,347,500 $0
2018 $26,456 $2,347,500 $2,347,500 $0
2017 $25,259 $2,347,500 $2,347,500 $0
2016 $17,901 $1,350,000 $1,350,000 $0
2015 $17,132 $1,350,000 $1,350,000 $0
2014 $16,200 $1,350,000 $1,350,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22028774

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00086-0000-00008