NOT LISTED FOR SALE

105 Magnolia Ln Bayville, NJ 08721

Estimated Value: $868,000 - $939,000

4 Beds
2.5 Baths
2,119 Sq Ft
$420/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $474,900 $224 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,657/month

18 Days on Market

Highlights

  • Water Views
  • Parking available for a boat
  • Property near a lagoon
  • Docks
  • Home fronts a lagoon or estuary
  • Deck

About This Home

As of May 2020

With 90 feet of Vinyl bulkhead, a deep wide lagoon, deeded riparian rights and a very short ride to the open waters of the Barnegat Bay this well maintained 4 bedroom 2.5 bathroom home is a perfect waterfront opportunity. There is plenty of space, 2,100 square feet with an open floor plan concept. There is plenty of room throughout the house to store all of your belongings. The home offers amazing tranquil waterfront views from every room and is located on a quiet cul de sac. This home is located just a short drive or boat ride to Jersey Shore locations such as Long Beach Island and Island Beach State Park. The area parks and restaurants provide plenty to do while your not out on the open waters. Come take a look, you won't be disappointed.

Last Agent to Sell the Property

Michael Tumminelli

RE/MAX New Beginnings Realty-Toms River Listed on: 02/10/2020

Last Buyer's Agent

Alice Barber

Exit Realty Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,126

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 90 x 80
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Oversized Lot

Home Design

  • Contemporary Architecture
  • Shore Colonial Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,119 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Center Hall
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Oversized Parking
  • Driveway
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Property near a lagoon
  • Riparian rights to water flowing past the property
  • Bulkhead
  • Docks
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed

Schools

  • H & M Potter Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Community Details

  • No Home Owners Association
  • Glen Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-01569-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,126

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Lagoon, Oversized, Riparian Rts
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Gas Cooking
  • Subdivision Name: Glen Cove
  • Architectural Style: Shore Colonial, Contemporary
  • Reso Flooring: Tile, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Center Hall, Sliding Door, Recessed Lighting
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1994
  • Contract Info List PriceSqFt: 224.12
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 90 x 80
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Lot Description Cul-De-Sac: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Water Heater Tank: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Allowable Boats: Yes
  • Basement Piling: Yes
  • Lot Description Riparian Rts: Yes
  • Water Type Riparian Rights: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Bulkhead, Lagoon, Riparian Rights
  • Waterfront: Yes
  • Exterior Features: Deck, Dock, Outdoor Shower, Shed, Storage, Storm Door(s)
  • Foundation Details: Piling
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 90 x 80
  • Parcel #: 06-01569-0000-00011
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10126.0

MLS Schools

  • Elementary School: H & M Potter
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Nepolitan Vincent
Bought by
Martire Mark P
Current Estimated Value
$889,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$308,780
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$581,038

Purchase Details

Listed on
Feb 10, 2020
Closed on
May 8, 2020
Sold by
Rippman David M and Reardon Rippman Roseanne
Bought by
Nepolitan Vincent
Seller's Agent
Michael Tumminelli
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Alice Barber
Exit Realty Advantage
List Price
$474,900
Sold Price
$474,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$451,155
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2012
Sold by
Rippman David M and Rippman Roseann R
Bought by
Rippman David M and Reardon Rippman Roseanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,150
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1994
Sold by
Bird Construction Inc
Bought by
Rippman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martire Mark P $590,000 Chicago Title Insurance Co
Martire Mark P $590,000 Chicago Title
Nepolitan Vincent $474,900 Bonafide Title Agency Llc
Rippman David M -- None Available
Rippman David $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martire Mark P $340,000
Closed Martire Mark P $340,000
Previous Owner Nepolitan Vincent $451,155
Previous Owner Rippman David M $85,150
Previous Owner Rippman David $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $474,900 0.0% $224 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $474,900 -- $224 / Sq Ft
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 $11,669 $484,000 $229,200 $254,800
2024 $11,229 $484,000 $229,200 $254,800
2023 $11,021 $484,000 $229,200 $254,800
2022 $11,021 $467,300 $229,200 $238,100
2021 $10,416 $467,300 $229,200 $238,100
2020 $10,416 $467,300 $229,200 $238,100
2019 $10,126 $467,300 $229,200 $238,100
2018 $10,094 $467,300 $229,200 $238,100
2017 $9,719 $467,266 $229,200 $238,066
2016 $9,517 $460,000 $229,200 $230,800
2015 $9,255 $460,000 $229,200 $230,800
2014 $8,993 $460,000 $229,200 $230,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005557

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01569-0000-00011