NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,357,498

5 Beds
4.5 Baths
3,400 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $515,000 $151 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,779/month

Highlights

  • Parking available for a boat
  • Home fronts a lagoon or estuary
  • Property near a lagoon
  • Heated In Ground Pool
  • Bay View
  • Colonial Architecture

About This Home

As of February 2020

Beautiful home with views of the open bay , come park your boat and toys on the wide and deep lagoon .Very large Trex deck with with heated pool and outdoor shower. This 4/5 bedroom 5 bath home with 2 master suites will not disappoint , New Kitchen with granite countertops. Large 2 car garage.

Last Agent to Rent the Property

michael jannucci

Schlosser Real Estate, Inc. License #1649039 Listed on: 02/03/2020

Last Renter's Agent

Gabriela Flanagan

RE/MAX Revolution License #1861655

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,044

Year Built

  • 1994

Lot Details

  • Home fronts a lagoon or estuary

Parking

  • 2 Car Attached Garage
  • Parking available for a boat

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Deck

Schools

  • Lanoka Harbor Elementary School
  • Lacey Township Middle School
  • Lacey Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Newport Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-00849-02-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,044

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground
  • Subdivision Name: Newport Bay
  • Architectural Style: Colonial
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Heated3: Yes
  • Location Middle School: Lacey Township
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Type Lagoon: Yes
  • ExteriorDeck: Yes
  • Lease Requirements Security Deposit4: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • ExteriorOutdoorShower: Yes
  • Allowable Dogs2: Yes
  • Allowable Boats2: Yes
  • Exterior Bulkhead4: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour
  • Year Built (Public Record): 1994

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Waterfront Features: Bayview, Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: Deck, Outdoor Shower, Bulkhead, Lagoon
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Lacey Township

Lot Info

  • Parcel #: 13-00849-02-00003

MLS Schools

  • Elementary School: Lanoka Harbor
  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Dec 16, 2019
Sold by
Choate Leon
Bought by
Esposito Dominick A and Esposito Maureen M
Seller's Agent
Spencer Freedman
Keller Williams Realty West Monmouth
Buyer's Agent
Janice Martin
Pacesetter Realty
Sold Price
$515,000
Current Estimated Value
$1,199,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,875
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Mar 10, 1994
Sold by
Cove Shephards
Bought by
Choate Leon and Choate Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.07%

Purchase Details

Closed on
Jan 21, 1994
Sold by
Stetson University
Bought by
Shepards Cove Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Esposito Dominick A $515,000 None Available
Choate Leon $355,000 --
Shepards Cove Inc $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choate Leon $500,000
Previous Owner Choate Leon $200,000
Previous Owner Choate Leon $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Rented $3,000 -14.3% --
02/03/2020 02/03/20 For Rent $3,500 0.0% --
12/16/2019 12/16/19 Sold $515,000 -- $151 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $15,044 $593,700 $336,500 $257,200
2024 $14,065 $593,700 $336,500 $257,200
2023 $12,981 $573,600 $336,500 $237,100
2022 $12,981 $573,600 $336,500 $237,100
2021 $12,264 $573,600 $336,500 $237,100
2020 $15,470 $718,200 $336,500 $381,700
2019 $15,197 $718,200 $336,500 $381,700
2018 $15,018 $718,200 $336,500 $381,700
2017 $14,673 $718,200 $336,500 $381,700
2016 $14,615 $718,200 $336,500 $381,700
2015 $13,962 $718,200 $336,500 $381,700
2014 $12,040 $700,000 $456,500 $243,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22004479

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00849-02-00003