NOT LISTED FOR SALE

1511 Salem Rd Point Pleasant Boro, NJ 08742

Estimated Value: $1,826,514 - $2,083,000

5 Beds
4.5 Baths
3,500 Sq Ft
$563/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $1,250,000 $357 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,354/month

114 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Custom Home
  • Docks
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Home

As of March 2021

DREAM COME TRUE! A rare and amazing opportunity to own a large slice of paradise on 175' of waterfront living with 110' of docking. This home has everything you need to make life FABULOUS. 3,500 sq ft w/ 5 bdrms & 4.5 baths. Recently remodeled and refreshed with open floor plan and a massive chefs kitchen completed with a huge center island. Custom closet cabinetry and a master bath loaded with modern finishes and don't miss the 20'' rain head in the shower-WOW. Off the dining rm and kitchen is an enclosed sunroom filled with tongue and groove cedar trim.The natural gas fireplace warms up the nights while you relax overlooking the water. Downstairs is setup like a true MOTHER DAUGHTER with another bedroom and living rm. Step outside and the fun begins. A heated and saltwater swimming pool is just the start of it all. Take in all the views of lagoon life with 175ft of water frontage. How big is your boat? Plenty of space for multiple boats, jet ski's and all the water toys. A multiple zone sprinkler system keeps the grounds lush and thriving. Point Pleasant boasts some of the best schools in Ocean County. This home is 1.5 miles from the beaches and plenty of shopping nearby. Point Pleasant has it all. Come today and fall in love with this home like the current owners did 20+ years ago.

Last Agent to Sell the Property

Donald Hughes

Keller Williams Realty Spring Lake License #1643576 Listed on: 10/19/2020

Keller Williams Realty Spring Lake

Last Buyer's Agent

Jonathan Younghans

Diane Turton, Realtors-Bay Head License #1120308

Diane Turton, Realtors-Bay Head

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,493

Lot Details

  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Custom Home
  • Brick Veneer
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Electric Fireplace
  • Sliding Doors
  • Water Views

Kitchen

  • New Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Vinyl Pool
  • Pool Equipment Stays

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Balcony
  • Deck
  • Shed

Schools

  • Nellie F. Bennett Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

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

Community Details

  • No Home Owners Association
  • Laguna Village Subdivision

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 25-00386-0000-00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,493

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Bulkhead, Cul-De-Sac, Dead End Street, Lagoon
  • ResoPoolFeatures: Heated, In Ground, Pool Equipment, Salt Water, Vinyl
  • Subdivision Name: Laguna Village
  • Architectural Style: Custom, Bi-Level, Other - See Remarks
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 112 x 125 x 175 waterfront
  • Location Middle School: Memorial
  • Style Bi-Level: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Exterior Sprinkler Under: Yes
  • Siding Brick Veneer: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Pool Pool Equipment: Yes
  • Pool Vinyl2: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Dec Molding5: Yes
  • Lot Description Cul-De-Sac: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Water Heater Tank: Yes
  • Living Room Sliding Door2: Yes
  • PoolSaltWater: Yes
  • SidingCedarShake: Yes
  • Living Room Fireplace - Electric4: Yes
  • Kitchen Floor - Slate2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Basement:None2: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Timberline
  • Topography: Level
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Personal Items
  • Construction Type: Brick Veneer, Shake Siding
  • Exterior Features: Balcony, Deck, Dock, Fence, Shed, Sprinkler Under, Storage, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 112 x 125 x 175 waterfront
  • Parcel #: 25-00386-0000-00063
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 17493.0

MLS Schools

  • Elementary School: Nellie F. Bennett
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Karen Lack
Bought by
Lack Family Trust
Current Estimated Value
$1,970,629

Purchase Details

Listed on
Oct 19, 2020
Closed on
Mar 29, 2021
Sold by
Smith Paul G and Smith Sally Jane
Bought by
Lack Karen
Seller's Agent
Donald Hughes
Keller Williams Realty Spring Lake
Buyer's Agent
Jonathan Younghans
Diane Turton, Realtors-Bay Head
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Listed on
Oct 19, 2020
Closed on
Mar 9, 2021
Sold by
Smith Paul G and Smith Sally Jane
Bought by
Lack Karen
Seller's Agent
Donald Hughes
Keller Williams Realty Spring Lake
Buyer's Agent
Jonathan Younghans
Diane Turton, Realtors-Bay Head
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%

Purchase Details

Closed on
Sep 10, 1999
Sold by
Creegan Patrick J and Creegan Margaret F
Bought by
Smith Paul G and Smith Sally Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.83%
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
Lack Family Trust -- Frantz Barbara Doyle
Lack Karen $1,250,000 Acres Land Title Agency Inc
Lack Karen $1,250,000 Land Title
Lack Karen $1,250,000 Land Title
Smith Paul G $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Paul G $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $1,250,000 -3.5% $357 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,295,000 -- $370 / 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 $22,877 $1,000,300 $593,400 $406,900
2024 $21,867 $1,000,300 $593,400 $406,900
2023 $21,416 $1,000,300 $593,400 $406,900
2022 $21,416 $1,000,300 $593,400 $406,900
2021 $20,837 $1,000,300 $593,400 $406,900
2020 $17,731 $850,000 $550,000 $300,000
2019 $17,493 $850,000 $550,000 $300,000
2018 $16,975 $850,000 $550,000 $300,000
2017 $16,601 $850,000 $550,000 $300,000
2016 $16,223 $850,000 $550,000 $300,000
2015 $16,028 $850,000 $550,000 $300,000
2014 $15,654 $850,000 $550,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22037650

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00386-0000-00063