$1,335,000
SOLD JUL 9, 2024

199 Lake Ave Island Heights, NJ 08732

5 Beds
3.5 Baths
3,183 Sq Ft
0.31 Acres

Recently Sold

$419 Per Sq Ft

21% Below List Price

4 Days on Market

Highlights

  • Parking available for a boat
  • Home fronts a creek
  • Custom Home
  • Island Heights Elementary School Rated A
  • Bay View
  • New Kitchen

About This Home

As of July 2024

Breathtaking inside & out! This spectacular waterfront estate with a private iron gated entry is a rare gem in exclusive Island Heights on Dillon's Creek. Exquisite grounds, stunning views & luxurious living space reflect utmost elegance in a prized locale, complemented by a protected waterway & private dock for 40'-50' vessels. The marble foyer introduces a meticulously-designed interior with gorgeous light-filled rooms. A dramatic living room boasts 27' ceilings, a fireplace flanked by glass, gleaming hardwood floors & impeccable details. The formal dining room & designer granite/stainless kitchen make entertaining seamless & stylish. A library, great room w/granite 1/2 bath, master suite w/European-inspired spa bath + 4 addt'l BRs add to your comfort. Offered with adjacent lot.

Last Agent to Sell the Property

Anthony Conselice

Arthur Rue Agency License #7937355 Listed on: 03/28/2024

Co-Listed By

Lauren Barcellona

Arthur Rue Agency License #0016453

Last Buyer's Agent

Patricia Pollack

Crossroads Realty Ocean Cty Regional Office License #1542116

Crossroads Realty Ocean Cty Regional Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,332

Year Built

  • Built in 1998

Lot Details

  • 0.31 Acre Lot
  • Home fronts a creek

Home Design

  • Custom Home
  • Contemporary Architecture
  • Asphalt Rolled Roof

Interior Spaces

  • 3,183 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Palladian Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Center Hall
  • Bay Views
  • Heated Basement
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Double-Wide Driveway
  • Parking available for a boat

Outdoor Features

  • Creek On Lot
  • Deck
  • Exterior Lighting

Schools

  • Island Heights Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11-00038-02-00010-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,332

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1374
  • Co List Office Phone: 732-793-0473
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary
  • Reso Flooring: Ceramic Tile, Marble, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Bonus Room, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Center Hall, Dec Molding, French Doors, Skylight, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1998
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.31
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Dogs: Yes
  • Living Room Fireplace - Gas7: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Kitchen BayBow Window4: Yes
  • Interior Bonus Room: Yes
  • Foyer Floor - Marble: Yes
  • Floors Marble: Yes
  • Exterior Palladium Window: Yes
  • Rooms Library: Yes
  • Allowable Boats: Yes
  • Kitchen Floor - Marble7: Yes
  • Water Type Creek: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Heated
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Skylight: Yes
  • Other Rooms:Study: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Marble7: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.31
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Deck, Palladium Window, Storm Door(s), Storm Window, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Double Wide Drive, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: 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

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 11-00038-02-00010-01

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17332.0

MLS Schools

  • Elementary School: Island Heights
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 2, 2024
Sold by
Fuggi Robert R and Fuggi Yelena
Bought by
Puleo John and Puleo Kayla
Seller's Agent
Anthony Conselice
Arthur Rue Agency
Buyer's Agent
Patricia Pollack
Crossroads Realty Ocean Cty Regional Office
List Price
$1,699,000
Sold Price
$1,335,000
Premium/Discount to List
-$364,000
-21.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%
Original Mortgage
$1,068,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2020
Sold by
Fuggi Shauna M
Bought by
Fuggi Robert R

Purchase Details

Closed on
Aug 1, 2001
Sold by
Belcor Builder
Bought by
Fuggi Robert and Fuggi Shauna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
7.1%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,335,000 Counsellors Title
Interfamily Deed Transfer -- Counsellors Title Agency Inc
Quit Claim Deed -- Land Title
Deed $699,900 --
Deed $699,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,068,000 New Conventional
Previous Owner $680,000 New Conventional
Previous Owner $680,000 New Conventional
Previous Owner $980,000 Fannie Mae Freddie Mac
Previous Owner $545,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,485,000 +11.2% $467 / Sq Ft
07/09/2024 07/09/24 Sold $1,335,000 -21.4% $419 / Sq Ft
03/28/2024 03/28/24 For Sale $1,699,000 0.0% $534 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $1,699,000 0.0% $534 / Sq Ft
10/03/2021 10/03/21 Rented $6,500 0.0% --
09/28/2021 09/28/21 Price Changed $6,500 +8.3% $2 / Sq Ft
09/28/2021 09/28/21 Price Changed $6,000 -20.0% $2 / Sq Ft
08/31/2021 08/31/21 Price Changed $7,500 -11.8% $2 / Sq Ft
08/19/2021 08/19/21 For Rent $8,500 -- --
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 $17,709 $855,500 $296,700 $558,800
2023 $17,332 $855,500 $296,700 $558,800
2022 $17,332 $855,500 $296,700 $558,800
2021 $17,204 $855,500 $296,700 $558,800
2020 $17,161 $855,500 $296,700 $558,800
2019 $16,178 $855,500 $296,700 $558,800
2018 $16,239 $852,000 $480,800 $371,200
2017 $15,719 $852,000 $480,800 $371,200
2016 $6,951 $374,100 $213,700 $160,400
2015 $6,749 $374,100 $213,700 $160,400
2014 $16,602 $935,300 $534,300 $401,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22406825

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 11-00038-02-00010-01