NOT LISTED FOR SALE

Estimated Value: $4,996,000 - $6,320,452

1.01 Acres
$5,734,009 Price per Acre
44,083 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $2,877,000

Est. 102% increase in value since last sale

Current estimated payment $35,616/month

225 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Home fronts a lagoon or estuary
  • Property near a lagoon
  • Beach Haven School Rated A-

About This Lot

As of December 2020

This one of a kind opportunity to build your dream home on an amazing piece of waterfront property is unlike any other. Situated in a secluded section of Webster Lagoon, this unique piece of land is in excess of one acre. The distinct placement allows for 306 feet on the bay (known as Liberty Thorofare), 236 feet on the lagoon, with deep water and a separate boat basin that can accommodate a 60-foot yacht. With enough space to build a custom home in excess of 10,000 square feet with ample room for a pool and over the top outdoor amenities, this is a once in a lifetime opportunity that should not be passed up. The owner will consider holding the mortgage.

Last Agent to Sell the Property

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113 Listed on: 02/13/2020

Berkshire Hathaway HomeServices Zack Shore Realtors

Last Buyer's Agent

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113 Listed on: 02/13/2020

Berkshire Hathaway HomeServices Zack Shore Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,030

Lot Details

  • Lot Dimensions are 144 x 306
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Schools

  • Beach Haven Elementary School

Utilities

  • Electricity To Lot Line
  • Gas Available

Additional Features

  • Water Views
  • Property near a lagoon

Listing and Financial Details

  • Assessor Parcel Number 04-00001-000229-06

Property Details

Property Type

Land

Est. Annual Taxes

$28,030

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bayfront, Lagoon
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 144 X 306
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Gas On Site3: Yes
  • Lot Description Bayfront2: Yes
  • Electric On Site2: Yes
  • Water Type Bayfront: Yes
  • Special Features: VirtualTour

Exterior Features

  • Waterfront Features: Bayfront, Lagoon
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 144 X 306
  • Parcel #: 04-00001-000229-06
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 28030.0

MLS Schools

  • Elementary School: Beach Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Nov 20, 2020
Sold by
Fateh Manoocher
Bought by
Seaclusion Llc
Seller's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
List Price
$2,999,000
Sold Price
$2,877,000
Premium/Discount to List
-$122,000
-4.07%
Current Estimated Value
$5,802,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,925,817
Avg. Annual Appreciation
16.10%

Purchase Details

Closed on
Sep 14, 1982
Bought by
Fateh Manoocher
Source: Public Records

Range of Values:

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Average Value
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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
Seaclusion Llc $2,877,000 University Title Ins Agcy
Seaclusion Llc $2,877,000 University Title
Fateh Manoocher $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fateh Manoocher $999,000
Previous Owner Fateh Manoocher $400,000
Previous Owner Fateh Manoocher $350,000
Previous Owner Fateh Manoocher $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $2,877,000 -4.1% --
09/26/2020 09/26/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $2,999,000 -- --
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 $47,979 $3,961,900 $2,224,700 $1,737,200
2023 $25,140 $2,234,700 $2,224,700 $10,000
2022 $25,140 $2,234,700 $2,224,700 $10,000
2021 $28,236 $2,573,900 $2,224,700 $349,200
2020 $28,853 $2,573,900 $2,224,700 $349,200
2019 $28,030 $2,573,900 $2,224,700 $349,200
2018 $41,022 $3,639,900 $3,282,800 $357,100
2017 $39,165 $3,639,900 $3,282,800 $357,100
2016 $33,981 $2,562,700 $2,238,000 $324,700
2015 $32,521 $2,562,700 $2,238,000 $324,700
2014 $30,752 $2,562,700 $2,238,000 $324,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005931

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00001-0000-00029-06