Seller's Agent in 2021
Lawrence Greenberg
M. Van Sciver REALTORS
(732) 691-7524
24 in this area
68 Total Sales
1067 Ocean Ave Mantoloking, NJ 08738
Estimated Value: $5,848,000 - $9,349,052
9
Beds
12
Baths
6,952
Sq Ft
$1,093/Sq Ft
Est. Value
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 2021Blue 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 Agent to Sell the Property
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
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
- Heated Basement
- 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
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2021
Closed on
Jun 17, 2021
Sold by
1067 Ocean Avenue Llc
Bought by
Mantoloking Shore Properties Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Lori Donnelly
Weichert Realtors-Toms River
List Price
$14,995,000
Sold Price
$13,750,000
Premium/Discount to List
-$1,245,000
-8.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,151,474
Avg. Annual Appreciation
-12.72%
Purchase Details
Closed on
Feb 20, 2015
Sold by
Teixeira Miguel and Safris Michael
Bought by
1607 Ocean Avenue Llc
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
Interest Rate
2.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2014
Sold by
Burke Stephen E
Bought by
Bay Head Montoloking Land Co
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mantoloking Shore Properties Llc | $13,750,000 | Land Title | |
| 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 |
|---|---|---|---|
| Previous Owner | 1607 Ocean Avenue Llc | $6,320,000 | |
| Previous Owner | Trt Llc | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $64,528 | $7,520,800 | $5,082,000 | $2,438,800 |
| 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
-
Lawrence Greenberg
-
Lori Donnelly
Buyer's Agent in 2021
Lori Donnelly
Weichert Realtors-Toms River
(732) 600-3344
1 in this area
188 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22111609
APN: 20-00023-0000-00022
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