NOT LISTED FOR SALE

Estimated Value: $3,364,000 - $4,538,000

4 Beds
4.5 Baths
3,100 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $2,475,000 $798 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $21,919/month

Highlights

  • Ocean View
  • In Ground Pool
  • Open Floorplan
  • New Construction
  • Building is oceanfront but unit may not have water views
  • Deck

About This Home

As of August 2020

Located third from the ocean with amazing views and all of the bells and whistles, this new construction 4 bedroom, 4.5 bath reverse living home comes complete with an elevator, an outdoor fireplace, a swimming pool, and a fire pit. Spread out over three levels of living space is 3,100 sq. ft. Of tastefully appointed and well thought out space. An open concept living room with vaulted ceilings and a gas fireplace, dining room, and kitchen all boast great oceanviews. A deck running the entire width of the home offering both covered and uncovered deck options has a trendsetting outdoor fireplace, perfect for those cool LBI nights. A powder room, master ensuite and access to the room top deck are all situated on the top floor. The middle floor is perfect for family and guests. A spacious family room with a wet bar sits front and center to two guest ensuites, a guest bedroom, a full hall bathroom, and a laundry room. The ground level bonus space is a great hangout room and can be used for just about anything. The yard comes complete with a swimming pool and fire pit. The ideal location of this house, not only to the beach but to all of the shops, eateries, and amusements that Surf City has to offer makes this a great spot to call home. This home is complete and ready for immediate occupancy.

Last Agent to Sell the Property

Craig Stefanoni

(609) 432-1104 cstefanoni@zackshore.com BHHS Zack Shore REALTORS License #8437113 Listed on: 06/03/2020

BHHS Zack Shore REALTORS

Last Buyer's Agent

Margaret Marks

(609) 384-5091 pegmlbi@gmail.com Island Realty-Surf City License #8832240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,500

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,640 Sq Ft Lot
  • Lot Dimensions are 58.00 x 80.00
  • Building is oceanfront but unit may not have water views
  • Vinyl Fence
  • Level Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • On-Street Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Reverse Style Home
  • Foundation Flood Vent
  • Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Double Hung Windows
  • Palladian Windows
  • Transom Windows
  • Casement Windows
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 32-00058-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,500

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Main
  • Expected On Market: 2020-06-04
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Located third from the ocean with amazing views and all of the bells and whistles, this new construction 4 bedroom, 4.5 bath reverse living home comes complete with an elevator, an outdoor fireplace, a swimming pool, and a fire pit. Spread out over three levels of living space is 3,100 sq. ft. Of tastefully appointed and well thought out space. An open concept living room with vaulted ceilings and a gas fireplace, dining room, and kitchen all boast great oceanviews. A deck running the entire width of the home offering both covered and uncovered deck options has a trendsetting outdoor fireplace, perfect for those cool LBI nights. A powder room, master ensuite and access to the room top deck are all situated on the top floor. The middle floor is perfect for family and guests. A spacious family room with a wet bar sits front and center to two guest ensuites, a guest bedroom, a full hall bathroom, and a laundry room. The ground level bonus space is a great hangout room and can be used for just about anything. The yard comes complete with a swimming pool and fire pit. The ideal location of this house, not only to the beach but to all of the shops, eateries, and amusements that Surf City has to offer makes this a great spot to call home. This home is complete and ready for immediate occupancy.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Bar, Ceiling Fan(s), Central Vacuum, Combination Kitchen/Dining, Combination Dining/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Window Features: Casement, Double Hung, Palladian, Transom, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 3
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Price Per Sq Ft: 838.39
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Lower Level Bedroom: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 3
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Pool Features: Fenced, In Ground
  • Roof: Fiberglass, Metal, Shingle
  • Spa: No
  • View: Ocean, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway, Paved Driveway, Private
  • Garage Features: Garage - Front Entry, Garage - Rear Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Additional Parcels: No
  • Fencing: Vinyl
  • Improvement Assessed Value: 600000.00
  • Land Assessed Value: 797400.00
  • Lot Features: Level, Flood Plain
  • Lot Size Acres: 0.11
  • Lot Dimensions: 58.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4640.00
  • Outdoor Living Structures: Deck(s), Patio(s), Roof
  • Soil Types: Gravel
  • Year Assessed: 2019
  • Zoning: RA

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3094586
  • Tax Annual Amount: 13500.00
  • Assessor Parcel Number: 32-00058-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 2520
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/21/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 13, 2020
Sold by
Laurel Beach Developers Llc
Bought by
Orlando Nicholas and Orlando Jaime
Seller's Agent
Craig Stefanoni
BHHS Zack Shore REALTORS
Buyer's Agent
Margaret Marks
Island Realty-Surf City
List Price
$2,599,000
Sold Price
$2,475,000
Premium/Discount to List
-$124,000
-4.77%
Current Estimated Value
$3,803,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,328,656
Avg. Annual Appreciation
8.65%
Original Mortgage
$1,980,000
Outstanding Balance
$1,756,399
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,047,257

Purchase Details

Closed on
Mar 20, 2019
Sold by
Mcfarland Lisa
Bought by
Laurel Beach Developers Llc

Purchase Details

Closed on
Nov 11, 2009
Sold by
Mcfarland Gregory and Mcfarland Lisa
Bought by
Mcfarland Lisa

Purchase Details

Closed on
Jan 12, 2000
Sold by
Taylor Francis
Bought by
Gregory Mc Farland and Mc Farland Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,100
Interest Rate
7.79%

Purchase Details

Closed on
Apr 8, 1996
Sold by
Sohn Roger
Bought by
Taylor Franci X and Taylor Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.39%
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
Orlando Nicholas $2,475,000 Surety Ttl Agcy Coastal Regi
Laurel Beach Developers Llc $950,000 First American Title
Mcfarland Lisa -- None Available
Gregory Mc Farland $420,000 --
Taylor Franci X $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Nicholas $1,980,000
Previous Owner Gregory Mc Farland $307,100
Previous Owner Taylor Franci X $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $2,475,000 -4.8% $798 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $2,599,000 -- $838 / 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 $23,651 $2,267,600 $797,400 $1,470,200
2024 $22,789 $2,267,600 $797,400 $1,470,200
2023 $22,222 $2,267,600 $797,400 $1,470,200
2022 $22,222 $2,267,600 $797,400 $1,470,200
2021 $17,179 $2,267,600 $797,400 $1,470,200
2020 $6,961 $797,400 $797,400 $0
2019 $9,671 $1,110,300 $797,400 $312,900
2018 $9,175 $903,900 $645,900 $258,000
2017 $9,292 $903,900 $645,900 $258,000
2016 $9,066 $903,900 $645,900 $258,000
2015 $8,696 $903,900 $645,900 $258,000
2014 $8,650 $903,900 $645,900 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC397822

Bright MLS

APN: 32-00058-0000-00008