NOT LISTED FOR SALE

Estimated Value: $4,675,000 - $5,070,000

5 Beds
6 Baths
2,925 Sq Ft
$1,661/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $3,800,000 $1,299 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $27,931/month

50 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Saltwater Pool
  • Ocean View
  • New Construction
  • Gourmet Kitchen

About This Home

As of May 2022

126 E Texas is a brand new, OCEANFRONT home centrally located in Beach Haven Park on Long Beach Island. This stunning home will offer top of the line amenities including nu-cedar siding, Anderson windows, upgraded wood flooring, custom-designed tile and trim work, and, best of all, a heated saltwater pool in the roof deck. This unique design will offer unparalleled outdoor entertaining space while enjoying the stunning views of the ocean from the private pool. With 5 bedrooms, 4 full bathrooms, 2 half bathrooms, and three living spaces, there is plenty of space for family and friends. The home is expected to be finished in early 2022 and is being professionally designed by Serenity Design in Ship Bototm.

Last Agent to Sell the Property

Nathan Colmer

(609) 789-0707 ncolmer@vandykgroup.com The Van Dyk Group - Long Beach Island Listed on: 09/17/2021

Last Buyer's Agent

Shawn Corson

(609) 496-6644 corshawn@gmail.com The Van Dyk Group - Long Beach Island License #9587098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,769

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,627 Sq Ft Lot
  • Lot Dimensions are 45.00 x 70.00
  • 50 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Flag Lot
  • Property is in excellent condition
  • Property is zoned R50

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Foundation Flood Vent
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 2,925 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Ocean Views
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • Walk-In Closet

Laundry

  • Washer
  • Gas Dryer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Saltwater Pool
  • Water Access
  • Property is near an ocean

Location

  • Flood Zone Lot
  • Flood Risk

Schools

  • Long Beach Island Grade Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by JDM Andrews
  • Beach Haven Park Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 18-00011 14-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,769

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

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, Lower 2, Main
  • Expected On Market: 2022-01-01
  • Federal Flood Zone: Yes
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Crawl Space, Flood Vent, Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 2925
  • Living Area Sq Ft: 2925
  • Price Per Sq Ft: 1316.24
  • Above Grade Finished Sq Ft: 2925
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 4
  • Lower Level 1 Bedroom: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 4
  • Lower Levels Bathrooms: 3.00
  • Lower Levels 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Lower Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: No
  • Pool Features: Heated, Saltwater
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL

Lot Info

  • Lot Features: Flag, Flood Plain, Landscaping
  • Lot Size Acres: 0.08
  • Lot Dimensions: 45.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3627.00
  • Property Condition: Excellent
  • Zoning: R50

Building Info

  • Builder Name: JDM Andrews

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10769.00
  • Assessor Parcel Number: 18-00011 14-00012
  • Tax Lot: 00012
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
May 2, 2022
Sold by
Michael Kapnick
Bought by
Chin Yem Hung and Park Kenneth Hyun
Seller's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
Buyer's Agent
Shawn Corson
The Van Dyk Group - Long Beach Island
List Price
$3,849,999
Sold Price
$3,800,000
Premium/Discount to List
-$49,999
-1.3%
Current Estimated Value
$4,857,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,057,662
Avg. Annual Appreciation
7.33%
Original Mortgage
$2,660,000
Outstanding Balance
$2,523,518
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$2,334,144

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 10, 2020
Sold by
Cusson David E
Bought by
Kapnick Michael and Kapnick Mark
Seller's Agent
Willy Kahl
Jersea Realty, LLC - SB
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$1,549,000
Sold Price
$1,550,000
Premium/Discount to List
$1,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.75%
Original Mortgage
$1,557,500
Interest Rate
3.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 12, 1985
Bought by
Cusson D E and H E
Source: Public Records

Range of Values:

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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
Chin Yem Hung $3,800,000 Surety Title
Kapnick Michael $1,550,000 Guardian Title Services Llc
Kapnick Michael $1,550,000 Land Title
Cusson D E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Yem Hung $2,660,000
Previous Owner Kapnick Michael $1,557,500
Previous Owner Kapnick Michael $1,857,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $3,800,000 -1.3% $1,299 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $3,849,999 0.0% $1,316 / Sq Ft
09/17/2021 09/17/21 Price Changed $3,849,999 +1.3% $1,316 / Sq Ft
09/02/2021 09/02/21 Price Changed $3,799,999 +2.7% $1,299 / Sq Ft
05/13/2021 05/13/21 Price Changed $3,699,999 +138.7% $1,265 / Sq Ft
12/18/2020 12/18/20 Sold $1,550,000 +0.1% $568 / Sq Ft View Prior Sale
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $1,549,000 -- $567 / 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 $30,062 $3,366,400 $1,388,900 $1,977,500
2024 $29,860 $3,366,400 $1,388,900 $1,977,500
2023 $28,008 $3,366,400 $1,388,900 $1,977,500
2022 $11,556 $1,388,900 $1,388,900 $0
2021 $12,385 $1,536,600 $1,388,900 $147,700
2020 $10,769 $1,083,400 $993,300 $90,100
2019 $10,867 $1,083,400 $993,300 $90,100
2018 $10,541 $1,083,400 $993,300 $90,100
2017 $10,596 $1,083,400 $993,300 $90,100
2016 $10,682 $1,083,400 $993,300 $90,100
2015 $10,671 $1,083,400 $993,300 $90,100
2014 $10,411 $1,083,400 $993,300 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC408488

Bright MLS

APN: 18-00011-14-00012