Seller's Agent in 2023
Bonnie Wells
Coastal Living Real Estate Group
(201) 280-2300
50 in this area
58 Total Sales
12312 N Old Whaling Ln Long Beach Township, NJ 08008
Long Beach Island Neighborhood
7
Beds
12
Baths
10,000
Sq Ft
0.27
Acres
Highlights
- 273 Feet of Waterfront
- Parking available for a boat
- Heated Lap Pool
- 1 Boat Dock
- New Construction
- Bay View
About This Home
As of February 2023Prepare to be amazed beyond all expectations!!! Hampton?s premiere home stager Meridith Baer extravagantly staged 16 rooms in this top East Coast premium waterfront estate. If that?s not enough, the $400,000 Joanne Hudson kitchen, unlike any other kitchen on the market today - elevates entertaining to a new level. The owner, took home HGTV?s best kitchen in America, and brought his ideas together for this culinary creation. The crown jewel; the stunning island that seats 8, custom hood, stainless steel oyster bar with built-in drains, steamer, fryer, ultra sonic cooktop, wolf gas stove and grill and more! To enjoy your gourmet creation, this spectacularly inspired estate commands breathtaking views at every turn through soaring window walls bringing in gorgeous vistas of the bay, 25mm Anthony/Sylvan resort-style pool, terrace, rectangular fire pit, and gardens.,The 10,000 sq. ft. well-appointed floor-plan meets all the needs of day-to-day living and entertaining with a dramatic two-story great room, walls of glass, a wine center, Meile coffee system in the family room part of the central core and a monumental fireplace with three theatre style tv?s that rise to coffered ceilings. Four distinct living areas containing 2-3 bedrooms and 1.5 - 2.5 baths with laundry rooms are privately situated, all boasting water views. 273 ft. of lifetime vinyl bulkhead frames the 15,000+ square foot property, that offers personal watercraft ports; an 80 ft. dock for boats on the lagoon side, and a 60 ft. slip for your yacht, bayside. Revel in luxury at every level from the roof-top deck to the car collector?s heated/air conditioned 6-door garage designed for 10-14 cars. This is the most extravagant property in The Dunes, sitting on one of the highest points with a southwest breathtaking orientation, unobstructed by islands to frame every sunset.
Last Agent to Sell the Property
Coastal Living Real Estate Group License #9231521 Listed on: 02/18/2017
Last Buyer's Agent
Coastal Living Real Estate Group License #9231521 Listed on: 02/18/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,000
Year Built
- New Construction
Lot Details
- Lot Dimensions are 108x110
- 273 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Cul-De-Sac
- Corner Lot
- Property is zoned RES/MULT, Res/mult
Parking
- 14 Car Attached Garage
- Garage Door Opener
- Parking available for a boat
Home Design
- Wood Siding
- Piling Construction
- Masonry
Interior Spaces
- 10,000 Sq Ft Home
- Property has 3 Levels
- Elevator
- Open Floorplan
- Wet Bar
- Partially Furnished
- Ceiling Fan
- Recessed Lighting
- Stone Fireplace
- Double Door Entry
- French Doors
- Sliding Doors
- Ceramic Tile Flooring
- Bay Views
- Home Security System
Kitchen
- Breakfast Area or Nook
- Built-In Double Oven
- Gas Oven or Range
- Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Walk-in Shower
Pool
- Heated Lap Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Water Access
- Bulkhead
- 1 Boat Dock
- Private Dock
- Deck
- Patio
- Terrace
- Porch
Additional Features
- Flood Risk
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 18-00008-17-00001
Community Details
Overview
- No Home Owners Association
- The Dunes Subdivision
Security
- Building Security System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2022
Closed on
Feb 18, 2023
Sold by
Richard J Egan Qualified Personal Reside
Bought by
Lauber Bay Home Llc
Seller's Agent
Bonnie Wells
Coastal Living Real Estate Group
Buyer's Agent
Bonnie Wells
Coastal Living Real Estate Group
List Price
$8,500,000
Sold Price
$8,000,000
Premium/Discount to List
-$500,000
-5.88%
Views
23
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
-$173,173
Avg. Annual Appreciation
-1.32%
Original Mortgage
$5,500,000
Outstanding Balance
$5,399,968
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$2,351,483
Purchase Details
Closed on
Aug 23, 2022
Sold by
Richard J Egan Trust
Bought by
Given Not
Purchase Details
Closed on
Sep 20, 2019
Sold by
Egan Richard
Bought by
Biwald Shana E and Camastro Brittany R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,735,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 18, 2017
Closed on
Jan 25, 2018
Sold by
Burris Linda and Burris William
Bought by
Egan Richard
Seller's Agent
Bonnie Wells
Coastal Living Real Estate Group
Buyer's Agent
Bonnie Wells
Coastal Living Real Estate Group
List Price
$5,995,000
Sold Price
$4,350,000
Premium/Discount to List
-$1,645,000
-27.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$2,827,500
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2003
Sold by
Brogdon James
Bought by
Burris Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $8,000,000 | Westcor Land Title | |
| Deed | -- | Raban James S | |
| Deed | -- | None Available | |
| Deed | $4,350,000 | -- | |
| Deed | $1,450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,500,000 | New Conventional | |
| Previous Owner | $2,735,000 | New Conventional | |
| Previous Owner | $2,827,500 | New Conventional | |
| Previous Owner | $362,500 | New Conventional | |
| Previous Owner | $3,500,000 | New Conventional | |
| Previous Owner | $229,053 | Unknown | |
| Previous Owner | $2,400,000 | Stand Alone First | |
| Previous Owner | $0 | Unknown | |
| Previous Owner | $1,370,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $2,500,000 | Unknown | |
| Previous Owner | $1,240,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $8,000,000 | -5.9% | $602 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 06/30/2022 06/30/22 | For Sale | $8,500,000 | +95.4% | $640 / Sq Ft |
| 01/19/2018 01/19/18 | Sold | $4,350,000 | -27.4% | $435 / Sq Ft |
| 10/02/2017 10/02/17 | Pending | -- | -- | -- |
| 02/18/2017 02/18/17 | For Sale | $5,995,000 | -- | $600 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $50,843 | $6,184,000 | $1,546,800 | $4,637,200 |
| 2023 | $47,690 | $5,732,000 | $1,546,800 | $4,185,200 |
| 2022 | $47,690 | $5,732,000 | $1,546,800 | $4,185,200 |
| 2021 | $46,200 | $5,732,000 | $1,546,800 | $4,185,200 |
| 2020 | $36,797 | $3,701,900 | $1,228,500 | $2,473,400 |
| 2019 | $36,451 | $3,634,200 | $1,228,500 | $2,405,700 |
| 2018 | $35,276 | $3,625,500 | $1,228,500 | $2,397,000 |
| 2017 | $35,499 | $3,629,800 | $1,228,500 | $2,401,300 |
| 2016 | $9,318 | $945,000 | $945,000 | $0 |
| 2015 | $9,308 | $945,000 | $945,000 | $0 |
| 2014 | $16,659 | $1,733,500 | $945,000 | $788,500 |
Source: Public Records
Agents Affiliated with this Home
-
Bonnie Wells
Map
Source: Bright MLS
MLS Number: NJOC171910
APN: 18-00008-17-00001
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