NOT LISTED FOR SALE

Estimated Value: $4,082,000 - $5,074,005

5 Beds
4 Baths
3,113 Sq Ft
$1,420/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $3,250,000 $1,044 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $26,965/month

30 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Spa
  • Ocean View
  • Access to Tidal Water
  • Gourmet Kitchen

About This Home

As of October 2020

Among the most notable oceanfront homes on LBI and winner of the Design Merit Award by the New Jersey Chapter of the American Institute of Architects (AIA), this spectacular Midouhas Architects designed home is constructed with high end materials throughout. Fantastic site with 70' of ocean frontage on a corner lot with its own private walkway to the beach. Expansive ocean views come easy from the glass walled dwelling with 5 bedrooms; 4 full tiled baths; den; great room with 2 story dining area, Snaidero kitchen with honed calacatta marble counter tops and Wolf/Subzero appliances, linear fireplace with book matched stone surround, wet bar with glassware dishwasher, lagos azul limestone with in floor radiant heat; owner's suite with private oceanfront covered balcony; luxurious owner's bath with bidet and heated floors; oceanfront guest suite; santos mahogany floors in all bedrooms; Flos and Artimede lighting; large laundry room; and plenty of storage space. Outdoor features include a sunken hot tub on the ipe main deck, roof top deck, two outdoor showers, bocce court, beautiful gardens, carport, and best of all a ramp from the main deck to the private walkway to the ocean. It doesn't get any better than this!

Last Listed By

Benee Scola

Benee Scola & Company, Realtors License #8736858 Listed on: 08/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,893

Year Built

  • Built in 2003

Lot Details

  • 9,800 Sq Ft Lot
  • Lot Dimensions are 70.00 x 140.00
  • 70 Feet of Waterfront
  • Ocean Front
  • South Facing Home
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R-A

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • 1 Attached Carport Space
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Fiberglass Roof
  • Cement Siding
  • Piling Construction
  • Cedar

Interior Spaces

  • 3,113 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Transom Windows
  • Casement Windows
  • Mud Room
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Playground
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Harvey Cedars Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 10-00006-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,893

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Among the most notable oceanfront homes on LBI and winner of the Design Merit Award by the New Jersey Chapter of the American Institute of Architects (AIA), this spectacular Midouhas Architects designed home is constructed with high end materials throughout. Fantastic site with 70' of ocean frontage on a corner lot with its own private walkway to the beach. Expansive ocean views come easy from the glass walled dwelling with 5 bedrooms; 4 full tiled baths; den; great room with 2 story dining area, Snaidero kitchen with honed calacatta marble counter tops and Wolf/Subzero appliances, linear fireplace with book matched stone surround, wet bar with glassware dishwasher, lagos azul limestone with in floor radiant heat; owner's suite with private oceanfront covered balcony; luxurious owner's bath with bidet and heated floors; oceanfront guest suite; santos mahogany floors in all bedrooms; Flos and Artimede lighting; large laundry room; and plenty of storage space. Outdoor features include a sunken hot tub on the ipe main deck, roof top deck, two outdoor showers, bocce court, beautiful gardens, carport, and best of all a ramp from the main deck to the private walkway to the ocean. It doesn't get any better than this!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Water Heater, Washer, Refrigerator, Oven - Wall
  • Flooring Type: Hardwood, Stone
  • Interior Amenities: Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Pantry, Skylight(s), Upgraded Countertops, Whirlpool/Hottub, Window Treatments, Wood Floors, Wine Storage, Wet/Dry Bar
  • Window Features: Casement, Insulated, Low-E, Transom
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings, 2 Story Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Great Room, Laundry, Mud Room, Utility Room, Primary Bathroom
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3113
  • Living Area Sq Ft: 3113
  • Price Per Sq Ft: 1124.00
  • Above Grade Finished Sq Ft: 3113
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Cement Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Hot Tub, Outside Shower, Play Area, Underground Lawn Sprinkler
  • Roof: Fiberglass
  • View: Bay, Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage Door Opener
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 638100.00
  • Land Assessed Value: 1424500.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 70.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9800.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Porch(es), Roof
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: R-A

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2940175
  • Tax Annual Amount: 18893.00
  • Assessor Parcel Number: 10-00006-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2612
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/09/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Oct 8, 2020
Sold by
Silvi Laurence J and Silvi Mary Jo
Bought by
Minion Robert G
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Benee Scola
Benee Scola & Company, Realtors
List Price
$3,499,000
Sold Price
$3,250,000
Premium/Discount to List
-$249,000
-7.12%
Total Days on Market
30
Current Estimated Value
$4,421,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,001
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
May 18, 2001
Sold by
Mignoni Frank
Bought by
Silvi Laurence and Silvi Mary

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
Minion Robert G $3,250,000 Fidelity National Title
Silvi Laurence $550,000 --
Silvi Laurence $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silvi Ii Laurence J $1,230,000
Previous Owner Silvi Ii Laurence J $1,330,000
Previous Owner Silvi Ii Laurence J $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $3,250,000 -7.1% $1,044 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $3,499,000 -- $1,124 / 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 $26,631 $2,709,200 $1,709,400 $999,800
2023 $26,198 $2,709,200 $1,709,400 $999,800
2022 $26,198 $2,709,200 $1,709,400 $999,800
2021 $25,466 $2,709,200 $1,709,400 $999,800
2020 $19,141 $2,062,600 $1,424,500 $638,100
2019 $18,893 $2,062,600 $1,424,500 $638,100
2018 $19,327 $2,062,600 $1,424,500 $638,100
2017 $19,677 $2,062,600 $1,424,500 $638,100
2016 $20,440 $2,062,600 $1,424,500 $638,100
2015 $20,399 $2,062,600 $1,424,500 $638,100
2014 $19,517 $2,063,100 $1,424,500 $638,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC400956

Bright MLS

APN: 10-00006-0000-00005