NOT LISTED FOR SALE

118 Monterey Dr Brick, NJ 08723

Estimated Value: $1,030,000 - $1,462,000

4 Beds
3.5 Baths
4,351 Sq Ft
$305/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

Last sale price $1,175,000 $270 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,849 / mo

70 Days on Market

Highlights

  • Docks
  • Waterfront
  • Balcony
  • Custom Home
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of May 2023

Indulge in a laid-back waterfront lifestyle in this newly constructed Brick residence that's simply too good to miss! A grand stairway leads you to the upper-level covered porch, an ideal spot to appreciate this picturesque coastal neighborhood. Inside the 4-bedroom, 3.5-bath layout, an impeccably designed modern interior displays high-end finishes at every turn, from the crisp white palette and volume ceilings to the gorgeous wood-style flooring. Gather in the living room where a linear fireplace radiates warmth as you welcome guests. Dining and Family area features a wet bar.
The open-concept kitchen treats you to a suite of stainless steel appliances, chic backsplash, oversized kitchen island and granite countertops. Your impressive primary suite has a seating area, a private balcony, a walk-in closet, and a luxe 5-piece ensuite with a frameless walk-in shower and a spa-like soaking tub. Head out to your dock to enjoy weekend BBQs as the lagoon provides a magnificent backdrop. Additional features are a laundry room and attached garage parking for 2 cars. Come for a tour before the opportunity passes you by!

Last Agent to Sell the Property

Julie Elkon

J Elkon Realty LLC License #1539500 Listed on: 01/10/2023

Last Buyer's Agent

Brian Pfeffer

Keller Williams Realty West Monmouth License #1648587

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,806

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Waterfront

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Shingle Roof

Interior Spaces

  • 4,351 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only

Outdoor Features

  • Docks
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00211-26-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,806

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: Balcony, Wet Bar
  • New Construction: No
  • Contract Info List PriceSqFt: 275.8
  • 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
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Exterior Porch - Open: Yes
  • Exterior Dock: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: Yes
  • Exterior Features: Balcony, Dock, Porch - Enclosed, Porch - Open
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 07-00211-26-00011

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6806.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Bought by
Current Estimated Value
$1,360,153

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 30, 2023
Sold by
Bought by
Seller's Agent
Julie Elkon
J Elkon Realty LLC
Buyer's Agent
Brian Pfeffer
Keller Williams Realty West Monmouth
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%
Views
420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$275,000
Interest Rate
0.0635%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 Fidelity National Title
$1,175,000 Trident Abstract Title
-- --
$365,700 First American Title Ins Co
$235,000 --
$176,000 --
$176,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $1,175,000 -2.1% $270 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $1,200,000 -- $276 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,018 $663,900 $276,300 $387,600
2025 $18,018 $663,900 $276,300 $387,600
2024 $16,299 $663,900 $276,300 $387,600
2023 $6,806 $280,900 $276,300 $4,600
2022 $6,806 $280,900 $276,300 $4,600
2021 $6,663 $280,900 $276,300 $4,600
2020 $6,579 $280,900 $276,300 $4,600
2019 $6,469 $280,900 $276,300 $4,600
2018 $6,320 $280,900 $276,300 $4,600
2017 $6,149 $280,900 $276,300 $4,600
2016 $6,118 $280,900 $276,300 $4,600
2015 $7,540 $355,500 $276,300 $79,200
2014 $7,480 $355,500 $276,300 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22300824

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00211-26-00011

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