NOT LISTED FOR SALE

Estimated Value: $1,856,000 - $3,130,000

6 Beds
5 Baths
2,490 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $995,000 $400 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $14,782/month

112 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 July 2020

BOATERS & BEACH-GOERS ALIKE! SPOTLIGHT ON...Optimal buying opportunity for those who appreciate location, quality, functionality & excellent rental income...the timing couldn't be more perfect! This immaculate contemporary was remodeled in 2007 and offers 6 bedrooms, with 3 master suites & 5 full baths, two spacious family rooms, along with 100 feet of pressure-treated bulkhead and 100 feet of multi-level composite dock for unlimited waterplay on one of the deepest and widest lagoons in prestigious Loveladies! This home also highlights over $70,000 in rental income w/excellent rental history for those avid investors! Casual poolside living...can be yours to enjoy with this 15x34 gas heated fiberglass pool adjoining 3000 sf paver patio w/ample lounge chairs for relaxing in the sun! Cont'd This heated pool has decorative Dolphin-lined tile border and comes with a life-time warranty. The West wing of this home offers a spacious family room on the 1st level with 2 large sliders leading out to the paver patio, expanding leisure activities to the pool and lagoon, along with a bedroom and full bath. An open staircase leads to a beautifully decorated 2nd level family room with sliders opening to fiberglass decking overlooking the pool and lagoon, along with large walk-in storage for beach chairs. There are two masters with ensuite full baths on the 2nd level, with one master enhanced by decking and waterviews! The East wing of this captivating contemporary is complete with hall bath and 3 bedrooms, including another master with ensuite full bath. The remodeled and open kitchen is located between the East and West wings for functionality and highlights a large center island and large dining table with bay window overlooking the lagoon, along with sliders leading to the paver patio and pool for casual shore living. This spacious home comes furnished with TV's in every bedroom and offers 2-zone gas and central air, 2 electric water heaters, outside shower, shed, 2 kayaks, and vinyl fenced backyard, along with a circular driveway for ample parking! There is easy beach access at tract #99 through the Loveladies Harbor Organization with parking, lifeguards, tennis and a bath house, along with another beach access at tract #55 in Loveladies (3 streets to north & 3 streets to south). From only 6 homes to the beach with two beach access points, to a deep lagoon with direct bay access, to excellent rental income for avid investors, to ample bedrooms and family rooms for those large family gatherings, this is the perfect home for beach goers and boaters alike! Best of all...it can be yours! Let us open the door to your new beach home today!

Last Agent to Sell the Property

Mary Ann O'Shea

RE/MAX at Barnegat Bay License #9484334 Listed on: 02/08/2020

RE/MAX at Barnegat Bay

Last Buyer's Agent

Mary Ann O'Shea

RE/MAX at Barnegat Bay License #9484334 Listed on: 02/08/2020

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,368

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 100 x 100
  • Home fronts a lagoon or estuary
  • Street terminates at a dead end
  • Fenced
  • Oversized Lot

Home Design

  • Custom Home
  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Water Views
  • Crawl Space
  • Home Security System

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Gravel Driveway
  • Paved Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outdoor Gas Grill

Location

  • Bayside

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-00020-84-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,368

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside, Bulkhead, Dead End Street, Fenced Area, Lagoon, Oversized
  • ResoPoolFeatures: Heated, In Ground, Pool Equipment
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Garbage Disposal, Gas Grill
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary, 2 Story
  • Reso Interior Features: Attic - Other, Ceilings - Beamed, Sliding Door, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1961
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 100 x 100
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • ExteriorDeck: Yes
  • Pool Pool Equipment: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Parking Oversized2: Yes
  • Lot Description Bayside2: Yes
  • Included Security System2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Water Heater Tank: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Included Garbage Disposal: Yes
  • Dining Room Sliding Door3: Yes
  • Exterior Security System3: Yes
  • Interior Ceilings - Beamed: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Basement Piling: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: BBQ, Deck, Dock, Fence, Outdoor Shower, Patio, Security System, Shed, Porch - Covered, Lighting
  • Foundation Details: Piling
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 100 x 100
  • Parcel #: 18-00020-84-00001
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Jun 25, 2020
Sold by
Basili Susan M and Defranco Carmelo
Bought by
Defranco Carmelo and Defranco Rosa
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay
List Price
$1,195,000
Sold Price
$995,000
Premium/Discount to List
-$200,000
-16.74%
Current Estimated Value
$2,518,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,523,956
Avg. Annual Appreciation
18.26%
Original Mortgage
$746,200
Outstanding Balance
$669,009
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,679,294

Purchase Details

Closed on
Feb 6, 2004
Sold by
Gorman Anna M O
Bought by
Basili Susan M and Basili Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1999
Sold by
Sherman Betty S and Sherman Herbert I
Bought by
Ogorman Ann M
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
Defranco Carmelo $995,000 University Ttl Ins Agcy Inc
Basili Susan M $945,000 --
Basili Joseph R $945,000 None Available
Ogorman Ann M $450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defranco Carmelo $746,200
Previous Owner Basili Joseph R $625,000
Previous Owner Basili Susan M $670,000
Previous Owner Basili Joseph R $662,000
Previous Owner Basili Joseph R $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $995,000 -13.4% $400 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $1,149,000 -3.8% $461 / Sq Ft
02/09/2020 02/09/20 For Sale $1,195,000 -- $480 / 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
2024 $11,876 $1,338,900 $900,000 $438,900
2023 $11,140 $1,338,900 $900,000 $438,900
2022 $11,140 $1,338,900 $900,000 $438,900
2021 $10,792 $1,338,900 $900,000 $438,900
2020 $10,275 $1,033,700 $732,400 $301,300
2019 $10,368 $1,033,700 $732,400 $301,300
2018 $10,058 $1,033,700 $732,400 $301,300
2017 $10,110 $1,033,700 $732,400 $301,300
2016 $10,192 $1,033,700 $732,400 $301,300
2015 $10,182 $1,033,700 $732,400 $301,300
2014 $9,934 $1,033,700 $732,400 $301,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005281

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00020-84-00001