NOT LISTED FOR SALE

Estimated Value: $3,460,794 - $5,520,000

5 Beds
5.5 Baths
3,000 Sq Ft
$1,425/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $2,662,500 $888 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $25,295/month

78 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Contemporary Architecture
  • Main Floor Bedroom
  • Ocean View
  • Wood Flooring
  • No HOA

About This Home

As of December 2014

Enjoy truly incredible 180-degree views from this 5-bedroom, 5.5-bath oceanfront in the desirable Dunes section! Built in 2010 just received a 6 figure update that puts it in new condition. This home has 60 feet of solid dune protection, and sustained NO DAMAGE from Hurricane Sandy. Reversed living with two full-length oceanfront decks, rooftop deck, and two one-car garages. Great room has a gas fireplace and a wall of windows on the ocean. The kitchen is highlighted by granite counters, high-end appliances, and a center island with breakfast bar. First floor family room has a wet bar with fridge. Master suite with double vanity and walk-in closet. All bathrooms are beautifully tiled, with granite counters, and showers feature frameless doors, marble seats and shelves, and separate hand sprays on slide bars. This vacation home has all the extras youre looking for: elevator, central vacuum, security system, surround sound, pantry, ice machine, two laundry rooms, hardwood floors, oak st,airs and rails, three-zone gas heat and central air, and two Rinnai tankless hot water heaters. Low-maintenance exterior with Cedar Impressions vinyl siding, vinyl and glass exterior railings, two outside showers, and paver driveways. Built by Mancini Custom Homes, backed by thirty years of building experience on LBI. This home has never been rented, but would be a fantastic rental property!

Last Agent to Sell the Property

Joseph Mancini

Mancini Realty Co. Inc. License #7855144 Listed on: 09/30/2014

Last Buyer's Agent

Mark Ceres

Weichert Realtors - Ship Bottom

Weichert Realtors - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,531

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 60 x 100
  • 60 Feet of Waterfront
  • Ocean Front

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Metal Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

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 5
  • Assessor Parcel Number 18-00008-16-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,531

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse, Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2010
  • Remarks Public: Enjoy truly incredible 180-degree views from this 5-bedroom, 5.5-bath oceanfront in the desirable Dunes section! Built in 2010 just received a 6 figure update that puts it in new condition. This home has 60 feet of solid dune protection, and sustained NO DAMAGE from Hurricane Sandy. Reversed living with two full-length oceanfront decks, rooftop deck, and two one-car garages. Great room has a gas fireplace and a wall of windows on the ocean. The kitchen is highlighted by granite counters, high-end appliances, and a center island with breakfast bar. First floor family room has a wet bar with fridge. Master suite with double vanity and walk-in closet. All bathrooms are beautifully tiled, with granite counters, and showers feature frameless doors, marble seats and shelves, and separate hand sprays on slide bars. This vacation home has all the extras youre looking for: elevator, central vacuum, security system, surround sound, pantry, ice machine, two laundry rooms, hardwood floors, oak st,airs and rails, three-zone gas heat and central air, and two Rinnai tankless hot water heaters. Low-maintenance exterior with Cedar Impressions vinyl siding, vinyl and glass exterior railings, two outside showers, and paver driveways. Built by Mancini Custom Homes, backed by thirty years of building experience on LBI. This home has never been rented, but would be a fantastic rental property!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Central Vacuum, Dryer, Dishwasher, Oven - Self Cleaning, Built-In Microwave, Oven/Range - Gas, Stove, Washer, Refrigerator, Water Heater - Tankless
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Wet/Dry Bar, Pantry, Breakfast Area, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Recessed Lighting, Elevator, Walk-In Closet(s), Primary Bath(s), Stall Shower
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane, Metal
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 916.63
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12405

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower, Exterior Lighting
  • Roof: Fiberglass, Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: Yes
  • Total Garage And Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • 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

  • Improvement Assessed Value: 518600.00
  • Land Assessed Value: 1270500.00
  • Lot Dimensions: 60 x 100
  • Outdoor Living Structures: Porch(es)
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3022407
  • Tax Annual Amount: 16531.00
  • Assessor Parcel Number: 18-00008-16-00005
  • Tax Lot: 5
  • Tax Year: 2013
  • Close Date: 12/22/2014

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2017
Sold by
Campanolo Michael
Bought by
Campagnolo Trust
Current Estimated Value
$4,274,931

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 22, 2014
Sold by
Mancini Custom Homes Inc
Bought by
Campagnolo Michael
Seller's Agent
Joseph Mancini
Mancini Realty Co. Inc.
Buyer's Agent
Mark Ceres
Weichert Realtors - Ship Bottom
List Price
$2,949,900
Sold Price
$2,662,500
Premium/Discount to List
-$287,400
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$1,996,875
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2014
Sold by
Fabozzi Frank and Fabozzi Donna
Bought by
Mancini Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,558,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2009
Sold by
Odonnell Edward W and Odonnell Sheila E
Bought by
Fabozzi Frank and Fabozzi Donna
Source: Public Records

Range of Values:

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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
Campagnolo Trust -- --
Campagnolo Michael $2,662,500 None Available
Mancini Custom Homes Inc $2,541,000 Agent For Westcor Land Title
Fabozzi Frank $1,700,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campagnolo Michael $1,996,875
Previous Owner Mancini Custom Homes Inc $1,558,500
Previous Owner Odonnell Edward W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $2,662,500 -9.7% $888 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $2,949,900 -- $983 / 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 $24,021 $2,708,100 $1,908,500 $799,600
2023 $22,531 $2,708,100 $1,908,500 $799,600
2022 $22,531 $2,708,100 $1,908,500 $799,600
2021 $21,827 $2,708,100 $1,908,500 $799,600
2020 $17,802 $1,790,900 $1,270,500 $520,400
2019 $17,963 $1,790,900 $1,270,500 $520,400
2018 $17,425 $1,790,900 $1,270,500 $520,400
2017 $17,515 $1,790,900 $1,270,500 $520,400
2016 $17,658 $1,790,900 $1,270,500 $520,400
2015 $17,640 $1,790,900 $1,270,500 $520,400
2014 $17,193 $1,789,100 $1,270,500 $518,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC206918

Bright MLS

APN: 18-00008-16-00005