NOT LISTED FOR SALE

Estimated Value: $5,470,422 - $8,818,000

8 Beds
8.5 Baths
5,522 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $6,050,000 $1,096 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $40,331/month

Highlights

  • Ocean Front
  • Open Floorplan
  • Contemporary Architecture
  • Water Access
  • Deck
  • Two Story Ceilings

About This Home

As of November 2013

In 2000, an addition and comprehensive renovation were designed by Michael Ryan Architects and built by Gary F. Gardener, Inc. The result blends together various types of stone and woods to create the special spaces of this warm contemporary masterpiece. In addition to over 5500 sqft of living space, there is 1700 sqft of decking plus a full rooftop deck, and over 2000 sqft of garage/storage area. There are 8 bedroom suites, an elevator, office, nursery, an exquisite kitchen, magnificent living room, and a spacious View Room overlooking the beach and ocean. The two first-level bedroom suites could be used as staff quarters if desired. Neverending Ocean and Beach views abound from the interior as well as from the decks, including an in-deck heated oceanfront pool. There are also panoramic Bay views from the huge roofdeck. Private beach easement along the south property line. Some of the special features include solid mahogany doors, bamboo and slate floors, custom stainless steel mesh s,tairway wall, elevator, double Sub-Zero refrigerators, 2 ovens, a 7-burner Gagganau professional stove, butlers pantry, soapstone wetbar, Ipe decking, unobtrusive acoustic panels, lightening rod protection system, and much more -- a more complete specfications list is being prepared. Shown by advance appointment only and listing agent must accompany. Although offered unfurnished, there are many dark mahogany and light anigre wood furniture built-ins throughout the home, including several bedrooms. Year Built reflects the renovation date; the original home was built in 1987 by Gym Wilson, AIA and Wilson Group Construction. Note that this home is fronted by a substantial dune which held through Sandy and the house took on no water per owner.

Last Agent to Sell the Property

Steve Sepanak

Sand Dollar Real Estate Listed on: 05/06/2013

Last Buyer's Agent

JoAnn LoDuca

HCH Real Estate License #TREND:SLODUCJO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,524

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 125x330
  • Ocean Front
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 5,522 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Two Story Ceilings
  • Recessed Lighting
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Soaking Tub

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Exterior Lighting

Additional Features

  • Flood Risk
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Building Security System

Listing and Financial Details

  • Tax Lot 1.05
  • Assessor Parcel Number 18000201290000105

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,524

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Oven - Double, Oven/Range - Gas, Stove, Refrigerator, Trash Compactor, Disposal
  • Flooring Type: Fully Carpeted, Bamboo, Slate
  • Interior Amenities: Pantry, Elevator, Floor Plan - Open, Recessed Lighting, Entry Level Bedroom, Window Treatments, Breakfast Area, Wet/Dry Bar, Master Bath(s), Soaking Tub
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Room Count: 21
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5522
  • Living Area Sq Ft: 5522
  • Price Per Sq Ft: 1249.55
  • Above Grade Finished Sq Ft: 5522
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Total Bathrooms: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Outside Shower, Lawn Sprinkler
  • Roof: Fiberglass
  • View: Water, Ocean, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 1717733.00
  • Land Assessed Value: 3381033.00
  • Lot Dimensions: 125x330
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES
  • Zoning Description: res

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3027221
  • Tax Annual Amount: 40524.00
  • Assessor Parcel Number: 18000201290000105
  • Tax Lot: 1.05
  • Tax Year: 2012
  • Close Date: 11/12/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
Nov 8, 2013
Sold by
Norcross George E and Norcross Sandra T
Bought by
Brooks Eric
Seller's Agent
Steve Sepanak
Sand Dollar Real Estate
Buyer's Agent
JoAnn LoDuca
HCH Real Estate
List Price
$6,900,000
Sold Price
$6,050,000
Premium/Discount to List
-$850,000
-12.32%
Current Estimated Value
$6,813,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,141
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Apr 24, 1997
Sold by
Simon Joel
Bought by
Norcross George and Norcross Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Brooks Eric $6,050,000 First Ameican Title Ins
Norcross George $1,622,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norcross George E $2,000,000
Previous Owner Norcross George $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $6,050,000 -12.3% $1,096 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $6,900,000 -- $1,250 / 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 $48,370 $5,416,600 $3,300,000 $2,116,600
2024 $48,045 $5,416,600 $3,300,000 $2,116,600
2023 $45,066 $5,416,600 $3,300,000 $2,116,600
2022 $45,066 $5,416,600 $3,300,000 $2,116,600
2021 $43,658 $5,416,600 $3,300,000 $2,116,600
2020 $45,735 $4,601,100 $3,012,500 $1,588,600
2019 $46,149 $4,601,100 $3,012,500 $1,588,600
2018 $44,426 $4,565,900 $3,012,500 $1,553,400
2017 $44,655 $4,565,900 $3,012,500 $1,553,400
2016 $45,020 $4,565,900 $3,012,500 $1,553,400
2015 $44,974 $4,565,900 $3,012,500 $1,553,400
2014 $43,878 $4,565,900 $3,012,500 $1,553,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC241562

Bright MLS

APN: 18-00020-129-00001-05