NOT LISTED FOR SALE

Estimated Value: $2,329,000 - $4,401,475

5 Beds
7 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold January 13, 2022

Last sale price $3,350,000

Est. 2% increase in value since last sale

Current estimated payment $20,858/month

29 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Property near a lagoon
  • Docks
  • Home fronts a lagoon or estuary
  • Deck

About This Home

As of January 2022

Located on the lagoon in Loveladies Harbor, this custom-built new construction home with 100 feet on the water offers nearly 3800 sq. ft. of living space with bay views, tastefully upgraded finishes, and a very desirable floor plan. Five bedroom ensuites and two living rooms ensure everyone has a place to relax, retreat and enjoy all that lagoon front living on LBI has to offer. The reverse living floor plan with an elevator highlights expansive water views beyond the lagoon, an open concept living room, dining room, and kitchen, all flooded with tons of natural light and walls of glass all while offering an abundance of space for friends and family to gather and entertain. Sitting off of the gathering space is the master ensuite which runs the entire length of the home creating a

Last Agent to Sell the Property

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113 Listed on: 08/17/2021

Berkshire Hathaway HomeServices Zack Shore Realtors

Last Buyer's Agent

David Sheridan

Berkshire Hathaway HomeServices Zack Shore REALTORS License #8338877

Berkshire Hathaway HomeServices Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,089

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Home fronts a lagoon or estuary
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Window Screens
  • Sliding Doors
  • Den

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Outdoor Shower
  • Property near a lagoon
  • Docks
  • Balcony
  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-00020-86-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,089

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Lagoon
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Contemporary, Reverse Living
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Den, Elevator, In-Law Suite, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2021
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: 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
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: 100 x 100
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Interior Den: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Lot Description Oversized3: Yes
  • Interior In-Law Suite: Yes
  • Garage Oversized: Yes
  • Water Type Bayview: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Style Reverse Living: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features-Interior:Elevator: 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 Walk-in Closet2: Yes

Exterior Features

  • Roof: Shingle, Fiberglass
  • Acres: 0.23
  • Waterfront Features: Bayview, Lagoon, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Deck, Dock, Fence, Outdoor Shower, Patio, Thermal Window
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Fiberglass: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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 Fee Frequency: None
  • Association: No

Lot Info

  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 18-00020-86-00012
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8089.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Dec 16, 2021
Sold by
205 Nautilus Llc
Bought by
Olenchalk David A and Olenchalk Christine R
Seller's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
David Sheridan
Berkshire Hathaway HomeServices Zack Shore REALTORS
List Price
$3,595,000
Sold Price
$3,350,000
Premium/Discount to List
-$245,000
-6.82%
Current Estimated Value
$3,413,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,369
Avg. Annual Appreciation
0.55%
Original Mortgage
$2,250,000
Outstanding Balance
$2,064,881
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$1,351,907

Purchase Details

Listed on
Jul 12, 2018
Closed on
Dec 20, 2018
Sold by
Levitt Marvin
Bought by
205 Nautilus Llc
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Mark Ceres
Weichert Realtors - Ship Bottom
List Price
$985,000
Sold Price
$900,000
Premium/Discount to List
-$85,000
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.09%
Original Mortgage
$675,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Olenchalk David A $3,350,000 First American Title
205 Nautilus Llc $900,000 American Abstract Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olenchalk David A $2,250,000
Previous Owner 205 Nautilus Llc $25,000
Previous Owner 205 Nautilus Llc $25,000
Previous Owner 205 Nautilus Llc $497,500
Previous Owner 205 Nautilus Llc $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $3,350,000 -6.8% --
08/17/2021 08/17/21 For Sale $3,595,000 +299.4% --
12/31/2018 12/31/18 Sold $900,000 -8.6% $721 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $985,000 -- $789 / 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 $26,031 $2,934,700 $990,000 $1,944,700
2023 $23,964 $2,880,300 $990,000 $1,890,300
2022 $8,237 $990,000 $990,000 $0
2021 $7,979 $990,000 $990,000 $0
2020 $8,089 $813,800 $813,800 $0
2019 $8,382 $835,700 $773,100 $62,600
2018 $8,131 $835,700 $773,100 $62,600
2017 $8,173 $835,700 $773,100 $62,600
2016 $8,240 $835,700 $773,100 $62,600
2015 $8,232 $835,700 $773,100 $62,600
2014 $8,031 $835,700 $773,100 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22127242

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00020-86-00012