NOT LISTED FOR SALE

Estimated Value: $4,685,687 - $5,757,000

6 Beds
6 Baths
4,078 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $3,600,000 $883 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $30,576/month

135 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Newly Remodeled
  • Open Floorplan
  • Ocean View
  • In Ground Pool
  • Deck

About This Home

As of September 2017

Beautifully designed and impeccably built custom new construction 4000 square foot Ocean front gem. This home is appointed like no other. Shiplap walls and ceilings throughout, coffered ceilings, raised paneling, custom built-ins, wide plank engineered hardwood floors mix with wood look tile in all wet and working areas. Soaring volume ceilings and walls of windows provide dramatic ocean views as you relax on your pool deck or from any one of your shaded or sun decks all overlooking the Atlantic Ocean and the white sand beaches of Long Beach Island. Lower level provides 2 bedrooms, 1 full bath and its own entrance making for a great guest quarters. 2nd level provides 3 bedrooms, 2 full and 1 half baths, a large family gathering area, and entry out to a large supply of sun-filled decking and an in deck pool.,Top level provides for an office, a powder room, a 6th bedroom ensuite, and a huge open kitchen, dining, and living area with soaring volume ceilings and walls of windows looking over the ocean and beaches of LBI. And this spectacular Oceanfront New Construction is offered Fully Furnished.

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 03/16/2017

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Mark Ceres

Weichert Realtors - Ship Bottom

Weichert Realtors - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,031

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 55x237
  • 55 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • The property's topography is level

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Reverse Style Home
  • Foundation Flood Vent
  • Slab Foundation
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 4,078 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Ocean Views
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 18-00012-21-00008

Community Details

Overview

  • No Home Owners Association
  • Peahala Park Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,031

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Federal Flood Zone: Yes
  • Year Built: 2017
  • Remarks Public: Beautifully designed and impeccably built custom new construction 4000 square foot Ocean front gem. This home is appointed like no other. Shiplap walls and ceilings throughout, coffered ceilings, raised paneling, custom built-ins, wide plank engineered hardwood floors mix with wood look tile in all wet and working areas. Soaring volume ceilings and walls of windows provide dramatic ocean views as you relax on your pool deck or from any one of your shaded or sun decks all overlooking the Atlantic Ocean and the white sand beaches of Long Beach Island. Lower level provides 2 bedrooms, 1 full bath and its own entrance making for a great guest quarters. 2nd level provides 3 bedrooms, 2 full and 1 half baths, a large family gathering area, and entry out to a large supply of sun-filled decking and an in deck pool.,Top level provides for an office, a powder room, a 6th bedroom ensuite, and a huge open kitchen, dining, and living area with soaring volume ceilings and walls of windows looking over the ocean and beaches of LBI. And this spectacular Oceanfront New Construction is offered Fully Furnished.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Crown Moldings, Elevator, Kitchen - Island, Floor Plan - Open, Recessed Lighting, Primary Bath(s), Soaking Tub, Stall Shower
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Flood Vent, Pilings, Slab
  • Levels Count: 3+
  • Room Count: 18
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4078
  • Living Area Sq Ft: 4078
  • Price Per Sq Ft: 930.60
  • Above Grade Finished Sq Ft: 4078
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Outside Shower
  • Pool Features: In Ground
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 55

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 55x237
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Topography: Level
  • Zoning: SFR
  • Zoning Description: SFR

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3023886
  • Assessor Parcel Number: 18-00012-21-00008
  • Tax Lot: 8
  • Tax Year: 2016
  • Close Date: 09/08/2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Sep 8, 2017
Sold by
Romond Thomas
Bought by
120 Sailboat Ave Llc
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Mark Ceres
Weichert Realtors - Ship Bottom
List Price
$3,795,000
Sold Price
$3,600,000
Premium/Discount to List
-$195,000
-5.14%
Current Estimated Value
$5,161,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,561,562
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Koons Stephen P and Koons Nicole B
Bought by
Romond Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Ohara Helen P and Ohara Timothy P
Bought by
Koons Stephen P and Koons Nicole B

Purchase Details

Closed on
Oct 11, 2002
Sold by
Rebl Llc
Bought by
O'Hara Helen and O'Hara Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
120 Sailboat Ave Llc $3,600,000 Chicago Title
Romond Thomas $1,300,000 Foundation Title Llc
Koons Stephen P $1,200,000 First American Title Ins Co
O'Hara Helen $935,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romond Thomas $800,000
Previous Owner Koons Stephen P $1,000,000
Previous Owner Koons Stephen P $250,000
Previous Owner Ohara Timothy P $728,741
Previous Owner O'Hara Helen $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $3,600,000 -5.1% $883 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $3,795,000 -- $931 / 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 $32,031 $3,586,900 $1,695,800 $1,891,100
2024 $31,816 $3,586,900 $1,695,800 $1,891,100
2023 $29,843 $3,586,900 $1,695,800 $1,891,100
2022 $29,843 $3,586,900 $1,695,800 $1,891,100
2021 $28,910 $3,586,900 $1,695,800 $1,891,100
2020 $21,590 $2,172,000 $1,212,800 $959,200
2019 $21,785 $2,172,000 $1,212,800 $959,200
2018 $21,055 $2,163,900 $1,212,800 $951,100
2017 $10,561 $1,079,900 $1,079,900 $0
2016 $11,594 $1,175,900 $1,079,900 $96,000
2015 $11,583 $1,175,900 $1,079,900 $96,000
2014 $11,300 $1,175,900 $1,079,900 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC170594

Bright MLS

APN: 18-00012-21-00008