NOT LISTED FOR SALE

Estimated Value: $4,722,000 - $6,027,000

5 Beds
4.5 Baths
3,368 Sq Ft
$1,603/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $4,600,000 $1,366 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $32,023/month

128 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Gourmet Kitchen
  • Ocean View
  • New Construction
  • Commercial Range

About This Home

As of October 2022

Beautiful New Construction Oceanfront in The Dunes! Custom designed and built for the owner using the finest materials in collaboration with the best professionals in their fields... Jay Madden, Architect; Ron Mastro, Builder; Francie Milano Kitchens and Baths; Mary Caberon, Interior Designer; and Reynolds Landscaping. Amazing ocean views from the upper and main levels. 5 bedrooms; 4.5 baths; screen porch; family room/5th bedroom; elevator; laundry room with sink; hardwood floors throughout; oceanfront primary suite with dressing room, walk in closet, luxe bath and motorized window treatments. The huge great room features: gourmet's kitchen with Wolf 6 Burner Range, 48"SubZero Refrigerator; 2 SubZero refrigeration drawers and large center island; butler's pantry with SubZero wine fridge, sink and desk; dry bar with icemaker and beverage fridge; walls of glass doors spilling out to the oceanfront deck with trellis; motorized window treatments; linear fireplace. 2 car garage, brick drive, outdoor shower with dressing area, and beautiful irrigated land and dune scaping. Garage doors are temporary and will be replaced with beautiful Artisan Doors, sofas delivered soon, and landscaping installation will completed by mid-June. Exterior ease of  maintenance materials: NuCedar Siding, Zuri Decking, and Stainless Steel Cable Rails. Not to be confused with Ocean Blvd, this Ocean Avenue location in “The Dunes” is very quiet with minimal vehicular and pedestrian traffic. Best of all, the home is offered furnished, equipped, and available for immediate occupancy!

Last Agent to Sell the Property

Benee Scola

Benee Scola & Company, Realtors License #8736858 Listed on: 05/25/2022

Last Buyer's Agent

Craig Stefanoni

BHHS Zack Shore REALTORS License #8437113

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,963

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,867 Sq Ft Lot
  • Lot Dimensions are 58.667 x 100.00
  • 58 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R50A

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Studio
  • Frame Construction
  • Architectural Shingle Roof
  • Fiberglass Roof
  • Shingle Siding
  • Piling Construction

Interior Spaces

  • 3,368 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Screened Porch
  • Home Gym

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • The Dunes Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 18-00008 20-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,963

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Reverse
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful New Construction Oceanfront in The Dunes! Custom designed and built for the owner using the finest materials in collaboration with the best professionals in their fields... Jay Madden, Architect; Ron Mastro, Builder; Francie Milano Kitchens and Baths; Mary Caberon, Interior Designer; and Reynolds Landscaping. Amazing ocean views from the upper and main levels. 5 bedrooms; 4.5 baths; screen porch; family room/5th bedroom; elevator; laundry room with sink; hardwood floors throughout; oceanfront primary suite with dressing room, walk in closet, luxe bath and motorized window treatments. The huge great room features: gourmet's kitchen with Wolf 6 Burner Range, 48"SubZero Refrigerator; 2 SubZero refrigeration drawers and large center island; butler's pantry with SubZero wine fridge, sink and desk; dry bar with icemaker and beverage fridge; walls of glass doors spilling out to the oceanfront deck with trellis; motorized window treatments; linear fireplace. 2 car garage, brick drive, outdoor shower with dressing area, and beautiful irrigated land and dune scaping. Garage doors are temporary and will be replaced with beautiful Artisan Doors, sofas delivered soon, and landscaping installation will completed by mid-June. Exterior ease of  maintenance materials: NuCedar Siding, Zuri Decking, and Stainless Steel Cable Rails. Not to be confused with Ocean Blvd, this Ocean Avenue location in “The Dunes” is very quiet with minimal vehicular and pedestrian traffic. Best of all, the home is offered furnished, equipped, and available for immediate occupancy!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Oven/Range - Gas, Oven - Single, Six Burner Stove, Stainless Steel Appliances, Washer - Front Loading, Water Heater - Tankless
  • Flooring Type: Marble, Wood, Tile/Brick
  • Interior Amenities: Built-Ins, Butlers Pantry, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bedroom - Ocean Front, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wood Floors, Wine Storage, Window Treatments, Wet/Dry Bar, Walk-In Closet(s), Studio
  • Window Features: Casement, Screens, Insulated, Low-E
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry, French
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Exercise Room, Laundry, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3368
  • Living Area Sq Ft: 3368
  • Price Per Sq Ft: 1453.38
  • Above Grade Finished Sq Ft: 3368
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12315

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Underground Lawn Sprinkler
  • Roof: Architectural Shingle, Fiberglass
  • View: Ocean, Panoramic
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 58

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Security: Carbon Monoxide Detector(s), Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 1856500.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.13
  • Lot Dimensions: 58.667 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5866.70
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R50A

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3022459
  • Tax Annual Amount: 14963.00
  • Assessor Parcel Number: 18-00008 20-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/21/2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Oct 17, 2022
Sold by
Dennis N And Linda D Longstreet Trust
Bought by
Wolfe Richard A and Wolfe Kathleen
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Craig Stefanoni
BHHS Zack Shore REALTORS
List Price
$5,895,000
Sold Price
$4,600,000
Premium/Discount to List
-$1,295,000
-21.97%
Current Estimated Value
$5,397,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,310
Avg. Annual Appreciation
6.71%
Original Mortgage
$3,000,000
Outstanding Balance
$2,871,439
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$2,663,165

Purchase Details

Closed on
Oct 9, 2020
Sold by
Longstreet Linda
Bought by
Longstreet Dennis N and Longstreet Linda D

Purchase Details

Closed on
Jul 27, 2020
Sold by
Longstreet Linda
Bought by
Longstreet Linda

Purchase Details

Closed on
Nov 30, 2001
Sold by
Saints By The Sea Inc
Bought by
Longstreet Linda
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
Wolfe Richard A $4,600,000 First American Title
Longstreet Dennis N -- None Available
Longstreet Linda -- None Available
Longstreet Linda $832,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Richard A $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $4,600,000 -6.0% $1,366 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $4,895,000 -9.3% $1,453 / Sq Ft
07/08/2022 07/08/22 Price Changed $5,395,000 -8.5% $1,602 / Sq Ft
05/25/2022 05/25/22 For Sale $5,895,000 -- $1,750 / 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
2024 $31,383 $3,538,100 $1,891,200 $1,646,900
2023 $29,148 $3,538,100 $1,891,200 $1,646,900
2022 $15,446 $1,856,500 $1,856,500 $0
2021 $14,963 $1,856,500 $1,856,500 $0
2020 $13,415 $1,349,600 $1,235,900 $113,700
2019 $13,536 $1,349,600 $1,235,900 $113,700
2018 $13,132 $1,349,600 $1,235,900 $113,700
2017 $13,199 $1,349,600 $1,235,900 $113,700
2016 $13,307 $1,349,600 $1,235,900 $113,700
2015 $13,294 $1,349,600 $1,235,900 $113,700
2014 $12,970 $1,349,600 $1,235,900 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2010240

Bright MLS

APN: 18-00008-20-00003