NOT LISTED FOR SALE

218 Teakwood Dr Bayville, NJ 08721

Estimated Value: $603,699 - $886,000

5 Beds
3 Baths
912 Sq Ft
$819/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $624,000 $684 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,568/month

125 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon
  • Docks
  • Custom Home
  • Deck

About This Home

As of September 2020

Look at this catch in the Glen Cove section of Bayville offering approximately 2,580 square feet of living space for changing lifestyles. This inviting 5-bedroom 3-full bathroom home offers 9 foot ceilings plus a first floor study, full bath and great room which opens up to the beautiful gourmet kitchen. Anderson 400 series windows through out the home. The kitchen features quality cabinets, granite and quartz countertops, butler's pantry with wine refrigerator and Samsung kitchen appliances. Second floor offers a master bedroom suite, three spacious bedrooms and a full bathroom. The third floor loft provides added casual living space. This impressive home offers lots of extras including 1500sqft of outdoor entertaining space, fenced in yard and plumbed for an outdoor shower. There is a dock at the bulkhead and this spectacular home is a boater's dream as it is seconds away from the open Barnegat Bay.

Last Agent to Sell the Property

Michael Lesko

1-2-3 REALTORS Listed on: 03/11/2020

Last Buyer's Agent

Gerald DeToro

Diane Turton, Realtors-Sea Girt License #1752639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,091

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 40 x 80
  • Home fronts a lagoon or estuary

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Custom Home
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Water Views
  • Storm Windows

Kitchen

  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Central Reg Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • Glen Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-01561-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,091

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • Inclusions: Light Fixtures, Garage Door Opener, Gas Cooking
  • Subdivision Name: Glen Cove
  • Architectural Style: Custom
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Dec Molding
  • Year Built: 2018
  • 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
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 40 x 80
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Dec Molding: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Light Fixtures: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • Roof Timberline: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Floors Tile: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Foyer: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: Deck, Dock, Patio, Storm Window, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Concrete
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 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

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 80
  • Parcel #: 06-01561-0000-00009
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6091.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Sep 15, 2020
Sold by
Vizzoni Rosanna
Bought by
Wuenn Gerald and Hanlon Edite
Seller's Agent
Michael Lesko
1-2-3 REALTORS
Buyer's Agent
Gerald DeToro
Diane Turton, Realtors-Sea Girt
List Price
$629,000
Sold Price
$624,000
Premium/Discount to List
-$5,000
-0.79%
Current Estimated Value
$746,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,925
Avg. Annual Appreciation
3.51%
Original Mortgage
$274,000
Outstanding Balance
$194,124
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$552,801

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 31, 2020
Sold by
Vizzoni Rosanna
Bought by
Wuenn Gerald and Hanlon Edite
Seller's Agent
Michael Lesko
1-2-3 REALTORS
Buyer's Agent
Gerald DeToro
Diane Turton, Realtors-Sea Girt
List Price
$629,000
Sold Price
$624,000
Premium/Discount to List
-$5,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Outstanding Balance
$194,124
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$552,801

Purchase Details

Closed on
Oct 4, 2018
Sold by
Rojo Properties Llc
Bought by
Vizzoni Rosanna

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 8, 2017
Sold by
Dimichele Joseph A and Dimichele Thomas
Bought by
Rojo Properties Llc
Seller's Agent
Susan Lucas-Sterling
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Nunn
C21/ Lacey Realty
Sold Price
$112,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.86%

Purchase Details

Closed on
May 24, 2016
Sold by
Dimichele Joseph A and Bell Marian F
Bought by
Dimichele Joseph A and Dimichele Thomas

Purchase Details

Closed on
Apr 29, 2010
Sold by
Dimichele Joseph A and Estate Of Rose T Dimichele
Bought by
Dimichele Joseph A and Bell Marian F

Purchase Details

Closed on
Aug 7, 2007
Sold by
The Joseph A Dimichele & Rose T Dimichel
Bought by
Dimichele Rose T and Dimichele Joseph A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wuenn Gerald $624,000 Surety Ttl Agcy Coastal Regi
Wuenn Gerald $624,000 Surety Title
Vizzoni Rosanna -- None Available
Rojo Properties Llc $112,500 --
Dimichele Joseph A -- --
Dimichele Joseph A -- None Available
Dimichele Rose T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wuenn Gerald $274,000
Closed Wuenn Gerald $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $624,000 -0.8% $684 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $629,000 +459.1% $690 / Sq Ft
09/08/2017 09/08/17 Sold $112,500 -- $123 / Sq Ft View Prior Sale
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
2025 $7,491 $310,700 $100,000 $210,700
2024 $7,208 $310,700 $100,000 $210,700
2023 $7,075 $310,700 $100,000 $210,700
2022 $7,075 $310,700 $100,000 $210,700
2021 $6,619 $310,700 $100,000 $210,700
2020 $6,266 $281,100 $100,000 $181,100
2019 $6,091 $281,100 $100,000 $181,100
2018 $2,160 $100,000 $100,000 $0
2017 $2,080 $100,000 $100,000 $0
2016 $2,069 $100,000 $100,000 $0
2015 $2,012 $173,600 $173,600 $0
2014 $3,394 $173,600 $173,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009761

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01561-0000-00009