NOT LISTED FOR SALE

225 Teakwood Dr Berkeley Township, NJ 08721

Estimated Value: $279,116 - $485,000

0.11 Acre
$3,473,255 Price per Acre
4,792 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $160,000

Est. 139% increase in value since last sale

Current estimated payment $2,414/month

156 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Lot

As of July 2020

GREAT OVERSIZED LOT 60X80! PERFECT LOCATION! HALF A BLOCK AWAY FROM THE BAY! ON THE LAGOON! 60 FOOT VINYL BULKHEAD, READY FOR YOUR BOAT. 5 FT STEP DOWN WAS INSTALLED.

Last Agent to Sell the Property

Monis Young

Exclusive Properties Realty License #8436804 Listed on: 01/16/2020

Last Buyer's Agent

Karen Wharton

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,334

Lot Details

  • Lot Dimensions are 60 x 80
  • Home fronts a lagoon or estuary

Outdoor Features

  • Property near a lagoon
  • Electricity Available at Street

Schools

  • Central Reg Middle School

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 06-01560-0000-00013

Property Details

Property Type

Land

Est. Annual Taxes

$4,334

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Lagoon
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 60 x 80
  • Location Middle School: Central Reg Middle
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Lagoon2: Yes
  • Special Features: None

Exterior Features

  • Waterfront: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 80
  • Parcel #: 06-01560-0000-00013

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4334.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jul 9, 2020
Sold by
Hemsey Emil and Hemsey Pamela
Bought by
Blaess Scott and Blaess Deana
Seller's Agent
Monis Young
Exclusive Properties Realty
Buyer's Agent
Karen Wharton
Coldwell Banker Realty
List Price
$157,000
Sold Price
$160,000
Premium/Discount to List
$3,000
1.91%
Current Estimated Value
$382,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,058
Avg. Annual Appreciation
17.60%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Riviello Melissa W
Bought by
Hemsey Emil and Hemsey Pamela

Purchase Details

Closed on
Oct 7, 2002
Sold by
Veniero Carmen
Bought by
Riviello Melissa

Purchase Details

Closed on
Jul 24, 1996
Sold by
Benco Holding
Bought by
Pinto Olga Doris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blaess Scott $160,000 Counsellors Title Agency Inc
Hemsey Emil -- None Available
Riviello Melissa $70,000 --
Pinto Olga Doris $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $160,000 +1.9% --
06/20/2020 06/20/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $157,000 -- --
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
2025 $4,822 $200,000 $200,000 --
2024 $4,640 $200,000 $200,000 $0
2023 $4,554 $200,000 $200,000 $0
2022 $4,554 $200,000 $200,000 $0
2021 $4,458 $200,000 $200,000 $0
2020 $4,458 $200,000 $200,000 $0
2019 $4,334 $200,000 $200,000 $0
2018 $4,320 $200,000 $200,000 $0
2017 $4,160 $200,000 $200,000 $0
2016 $4,138 $200,000 $200,000 $0
2015 $4,024 $200,000 $200,000 $0
2014 $3,910 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22001944

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01560-0000-00013