NOT LISTED FOR SALE

Estimated Value: $3,216,315

4 Beds
6 Baths
2,307 Sq Ft
$1,394/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $1,775,000 $769 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $18,543/month

Highlights

  • 54 Feet of Waterfront
  • Open Floorplan
  • Wood Flooring
  • Ocean View
  • Deck
  • No HOA

About This Home

As of May 2017

Single Family Ocean Front Home! This stunning ocean front home features reversed living, four bedrooms, three of the four bedrooms are master suites with private full bathrooms, family room, living room, multiple levels, 6 stop elevator, deck off each level, gourmet kitchen, custom fireplace, and a large roof top deck with expansive views of the ocean. Ocean views throughout house. House is tastefully furnished. This home is a must see! Property has a great rental history.

Last Agent to Sell the Property

Elaine Atlee

(732) 552-9941 eatlee@zackshore.com BHHS Zack Shore REALTORS License #0455191 Listed on: 07/21/2016

BHHS Zack Shore REALTORS

Last Buyer's Agent

Ian Mckenzie

(609) 994-8833 idm78@msn.com Weichert Realtors - Ship Bottom License #0227253

Weichert Realtors - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,637

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 54x82
  • 54 Feet of Waterfront
  • Ocean Front

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,307 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Ocean Views

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck

Location

  • Flood Risk

Utilities

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

Community Details

  • No Home Owners Association
  • Peahala Park Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 18-00012-05-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,637

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1949
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Wall, Washer
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Ceiling Fan(s), Elevator, Kitchen - Island, Floor Plan - Open, Window Treatments, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2307
  • Living Area Sq Ft: 2307
  • Price Per Sq Ft: 812.74
  • Above Grade Finished Sq Ft: 2307
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 54

Garage/Parking

  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 487800.00
  • Land Assessed Value: 1201200.00
  • Lot Dimensions: 54x82
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES
  • Zoning Description: RES

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3023582
  • Tax Annual Amount: 16637.00
  • Assessor Parcel Number: 18-00012-05-00008
  • Tax Lot: 8
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
May 24, 2017
Sold by
Mercadante Lauren
Bought by
Colbert Michael and Colbert Heather
Seller's Agent
Elaine Atlee
BHHS Zack Shore REALTORS
Buyer's Agent
Ian Mckenzie
Weichert Realtors - Ship Bottom
List Price
$1,925,000
Sold Price
$1,775,000
Premium/Discount to List
-$150,000
-7.79%
Current Estimated Value
$3,216,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,441,315
Avg. Annual Appreciation
7.31%
Original Mortgage
$672,500
Outstanding Balance
$543,583
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$2,672,732

Purchase Details

Closed on
Feb 3, 2011
Sold by
Haldeman William C
Bought by
Mercadante Lauren

Purchase Details

Closed on
Nov 17, 2007
Sold by
Donofrio John M and Donofrio Joan M
Bought by
Haldeman William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
7.72%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2001
Sold by
Serden Don
Bought by
Donofrio John and Donofrio Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
7.14%

Purchase Details

Closed on
Dec 14, 1999
Sold by
Wood Paul
Bought by
Serden Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
7.61%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Mahan George T and Shanahan James J
Bought by
Wood Paul F and Wood Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
7.26%
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
Colbert Michael $1,775,000 Chicago Abstract Title
Mercadante Lauren $2,100,000 Westcor Land Title Ins Co
Haldeman William C $1,465,000 Titleserv Of New Jersey Inc
Donofrio John $785,000 --
Donofrio John $785,000 --
Serden Don $545,000 --
Wood Paul F $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colbert Michael $672,500
Previous Owner Haldeman William C $1,680,000
Previous Owner Donofrio John $628,000
Previous Owner Serden Don $381,500
Previous Owner Wood Paul F $274,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $1,775,000 -7.8% $769 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $1,925,000 -- $834 / Sq Ft
Source: Bright MLS

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 $20,499 $2,295,500 $1,679,600 $615,900
2024 $20,361 $2,295,500 $1,679,600 $615,900
2023 $19,099 $2,295,500 $1,679,600 $615,900
2022 $19,099 $2,295,500 $1,679,600 $615,900
2021 $18,482 $2,295,500 $1,679,600 $615,900
2020 $16,872 $1,697,400 $1,201,200 $496,200
2019 $17,025 $1,697,400 $1,201,200 $496,200
2018 $16,516 $1,697,400 $1,201,200 $496,200
2017 $16,518 $1,689,000 $1,201,200 $487,800
2016 $16,654 $1,689,000 $1,201,200 $487,800
2015 $16,637 $1,689,000 $1,201,200 $487,800
2014 $16,231 $1,689,000 $1,201,200 $487,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC179846

Bright MLS

APN: 18-00012-05-00008