NOT LISTED FOR SALE

Estimated Value: $3,528,000 - $5,576,000

5 Beds
3.5 Baths
3,300 Sq Ft
$1,352/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $2,700,000 $818 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $25,090/month

39 Days on Market

Highlights

  • Beach Front
  • Custom Home
  • Deck
  • Ocean View
  • New Kitchen
  • Wood Flooring

About This Home

As of July 2017

Oceanfront bliss awaits you in this awe-inspiring,fully furnished, architecturally-distinctive 5 bedroom, 3.5 bath luxury home on LBI! Enjoy shore living at its finest with 2,000+ sq ft of multi-tiered outdoor spaces overlooking the water and an impeccably-designed 3300 sq ft interior brimming with luxury upgrades + a 3-stop elevator! Entertain family and friends high above the dunes on tiers of spectacular oversized decks with mahogany rails & curved glass panels, offering your choice of sun or shade. A state-of-the-art surround sound system with hidden speakers provides ambient background music as you converse with cocktails gazing out at the breathtaking water, beach and blue sky; or relax quietly with the newspaper, soothed by the sounds of the ocean breeze and breaking waves. With such fantastic resort-like living, you'll be quite content to stay home; but if you do want to venture out, a private path leads you beyond the protected dunes to sunbathe on the sandy beach or take a dip in the ocean. 
A recent addition and renovation make this beautiful oceanfront retreat a showplace inside as well. The fabulous floorplan is filled with natural light and perfect for hosting gatherings and living comfortably. A dramatic great room facing the ocean through a wall of windows is the centerpiece, distinguished by detailed moldings, a distinctive coffered ceiling with cove lighting, a custom built-in wine and coffee bar, and wall of custom cabinetry encasing the gas fireplace. The expansive open plan spills into the water view dining room and gourmet sky-lit chef's kitchen with premium appliances for seamless serving. An alfresco outdoor kitchen with pizza oven and a gas fire pit area accommodates outdoor gatherings with a backdrop of water vistas. The list of alluring features seems endless, with a family room off the first deck, second family room, elegant master suite, spacious spa-like master bath with double vanity, jetted tub and separate shower, laundry room, 65' LG TV, ice machine, security system, intercom, sprinkler system and outdoor shower. Parking is plentiful with a garage and room for up to 6 cars. This home commands a premium rental of $11,500-$13,000. Truly an enviable oceanfront oasis!

Last Agent to Sell the Property

Tracey Giery

Keller Williams Preferred Properties, Ship Bottom License #0679313 Listed on: 05/12/2017

Keller Williams Preferred Properties, Ship Bottom

Co-Listed By

Bridgett Giery

Keller Williams Preferred Properties, Ship Bottom License #1432634

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,194

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 40 x 298
  • Beach Front
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the upper level
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Great Room
  • Family Room
  • Den
  • Ocean Views

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • 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

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting

Schools

  • Southern Reg High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Shark, telescope, photo prints, fire pit chairs + sofa, 2 white sofas, sec in den, deck grey tab/cha
  • Assessor Parcel Number 18-00011-30-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,194

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanfront
  • Co List Office Mls Id: 3384
  • Co List Office Phone: 609-324-7600
  • Inclusions: Outdoor Lighting, Washer, Timer Thermostat, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Garage Door Opener, Gas Cooking, Intercom
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 2nd Flr, Dec Molding, Den, Elevator, Security System, Skylight, Wet Bar, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 40 x 298
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Included Intercom: Yes
  • Kitchen Skylight4: Yes
  • Water Type Beachfront: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Great Room: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: Shark, telescope, photo prints, fire pit chairs + sofa, 2 white sofas, sec in den, deck grey tab/cha
  • Exterior Features: Deck, Outdoor Shower, Security System, Sprinkler Under, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40 x 298
  • Parcel #: 18-00011-30-00007
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 15194.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jul 11, 2017
Sold by
Brosnan Patrick J and Brosnan Kathleen M
Bought by
Israelite Craig and Israelite Lori
Seller's Agent
Tracey Giery
Keller Williams Preferred Properties, Ship Bottom
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$2,700,000
Current Estimated Value
$4,461,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,761,519
Avg. Annual Appreciation
6.24%
Original Mortgage
$9,378
Outstanding Balance
$7,796
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$4,453,723

Purchase Details

Closed on
Aug 19, 2005
Sold by
Gardner Joanne
Bought by
Brosnan Patrick J and Brosnan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Israelite Craig $2,700,000 --
Brosnan Patrick J $3,130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Israelite Craig $9,378
Previous Owner Brosnan Patrick J $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $2,700,000 -- $818 / 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 $20,294 $2,371,700 $1,292,000 $1,079,700
2024 $20,158 $2,272,600 $1,292,000 $980,600
2023 $18,908 $2,272,600 $1,292,000 $980,600
2022 $18,908 $2,272,600 $1,292,000 $980,600
2021 $18,317 $2,272,600 $1,292,000 $980,600
2020 $15,368 $1,546,100 $924,000 $622,100
2019 $15,507 $1,546,100 $924,000 $622,100
2018 $14,994 $1,541,000 $924,000 $617,000
2017 $15,071 $1,541,000 $924,000 $617,000
2016 $15,194 $1,541,000 $924,000 $617,000
2015 $15,179 $1,541,000 $924,000 $617,000
2014 $14,809 $1,402,100 $924,000 $478,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21718549

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00011-30-00007