NOT LISTED FOR SALE

Estimated Value: $6,476,000 - $10,741,220

9 Beds
12 Baths
6,952 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $13,750,000 $1,978 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $50,641/month

25 Days on Market

Highlights

  • Ocean Front
  • Custom Home
  • Clerestory Windows
  • G Harold Antrim Elementary School Rated A-
  • 2.22 Acre Lot
  • Atrium Room

About This Home

As of June 2021

Blue Arches is an exquisite once in a lifetime compound sitting graciously on over 2 acres with 210' of spectacular Oceanfront. This bespoke 9 bed, 9 full and 3 half bath estate is a rare offering of unequalled caliber. Traditional Shingle-Style exterior encompasses luxury living including multiple entertainment spaces, three fireplaces, formal dining room, and chef's kitchen with unparalleled water views of the Atlantic Ocean. Beautifully appointed wood paneled library has hand inlaid metalwork and original historic details. Relax all summer long on your private sun-drenched dune deck or paved patio. Impressive by any standard, this significant beachfront property is now available. The home has been removed from the flood zone.

Last Listed By

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 04/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,942

Year Built

  • Built in 1929

Lot Details

  • 2.22 Acre Lot
  • Lot Dimensions are 210 x 460
  • Ocean Front

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Custom Home
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 6,952 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Wood Burning Fireplace
  • Thermal Windows
  • Clerestory Windows
  • Palladian Windows
  • Double Door Entry
  • French Doors
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Atrium Room
  • Conservatory Room
  • Water Views
  • Laundry Tub
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Schools

  • Antrim Elementary School
  • Memorial Middle School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-00023-0000-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,942

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanfront
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile, Tile, Wood
  • Reso Interior Features: Atrium, Attic, Balcony, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - Beamed, Clerestories, Conservatory, Dec Molding, French Doors, Laundry Tub, Recessed Lighting
  • New Construction: No
  • Year Built: 1929
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 2.22
  • General Property Info Lot Dimensions: 210 x 460
  • General Property Info Farm: No
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Thermal Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • Interior Laundry Tub: Yes
  • Floors Tile: Yes
  • Interior Atrium: Yes
  • SidingCedarShake: Yes
  • Interior Ceilings - Beamed: Yes
  • Foyer Double Door Entry: Yes
  • Exterior Palladium Window: Yes
  • Foyer Dec Molding2: Yes
  • Dining Room Built-Ins3: Yes
  • Parking Circular Driveway: Yes
  • Interior Conservatory: Yes
  • Garage Heated2: Yes
  • Dining Room Fireplace - Woodburning3: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplaces: 3
  • Stories: 2
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 2.22
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Palladium Window, Patio, Terrace, Thermal Window

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Gravel, Driveway, Direct Access, Heated Garage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 210 x 460
  • Lot Size Sq Ft: 96703.2
  • Parcel #: 20-00023-0000-00022
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 42942.0

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2015
Sold by
Teixeira Miguel and Safris Michael
Bought by
1607 Ocean Avenue Llc
Total Days on Market
25
Current Estimated Value
$8,211,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,320,000
Outstanding Balance
$2,388,111
Interest Rate
2.97%
Mortgage Type
New Conventional
Estimated Equity
$5,823,629

Purchase Details

Closed on
May 19, 2014
Sold by
Burke Stephen E
Bought by
Bay Head Montoloking Land Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,180,000
Interest Rate
4.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 3, 2011
Sold by
110-112 Ferry Street Associates Llc
Bought by
Teixeira Miguel and Safris Michael

Purchase Details

Closed on
Dec 31, 2007
Sold by
Trt Llc
Bought by
110-112 Ferry Street Associates Llc

Purchase Details

Closed on
Jul 29, 2004
Sold by
Raiffe Bruce S and Raiffe Meryl
Bought by
Trt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1998
Sold by
Hickory Arms Inc
Bought by
Raiffe Bruce S and Raiffe Meryl

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
1607 Ocean Avenue Llc $9,750,000 Acres Land Title Agency Llc
Bay Head Montoloking Land Co -- None Available
Teixeira Miguel -- None Available
110-112 Ferry Street Associates Llc -- Acres Land Title Agency Llc
Trt Llc $6,750,000 Acres Land Title Agency Llc
Raiffe Bruce S $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1607 Ocean Avenue Llc $6,320,000
Previous Owner Xtrt Llc $12,180,000
Previous Owner Teixeira Miguel $2,500,000
Previous Owner Teixeira Miguel $6,500,000
Previous Owner Trt Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $13,750,000 -8.3% $1,978 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $14,995,000 -- $2,157 / 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
2024 $61,370 $7,520,800 $5,082,000 $2,438,800
2023 $52,646 $7,520,800 $5,082,000 $2,438,800
2022 $52,646 $7,520,800 $5,082,000 $2,438,800
2021 $42,460 $6,031,200 $4,065,600 $1,965,600
2020 $42,942 $6,031,200 $4,065,600 $1,965,600
2019 $42,339 $6,031,200 $4,065,600 $1,965,600
2018 $41,465 $5,992,100 $4,065,600 $1,926,500
2017 $39,911 $5,726,100 $4,065,600 $1,660,500
2016 $39,739 $5,726,100 $4,065,600 $1,660,500
2015 $35,927 $5,260,200 $4,065,600 $1,194,600
2014 $32,981 $5,260,200 $4,065,600 $1,194,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22111609

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00022