NOT LISTED FOR SALE

228 Teakwood Dr Bayville, NJ 08721

Estimated Value: $472,000 - $528,000

1 Bed
1 Bath
912 Sq Ft
$537/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $135,000 $148 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $3,140/month

149 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Deck
  • Docks
  • Property near a lagoon
  • No HOA

About This Home

As of August 2018

1 bedroom, 1 bath Ranch home with den located on a lagoon lot in the Bayville section of Berkeley Township.

The Living Room features sliders leading to the rear deck overlooking the water.

Located close to beaches, bays, parks, marinas, shopping and easy Garden State Parkway access.

Home is being sold AS IS.

Seller will not negotiate offers with home sale contingencies.

Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Agent to Sell the Property

John Glancy

RE/MAX at Barnegat Bay License #8830435 Listed on: 03/24/2018

RE/MAX at Barnegat Bay

Last Buyer's Agent

Colleen Lindsey-silver

Diane Turton, Realtors-Toms River License #9803880

Diane Turton, Realtors-Toms River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1959

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60 x 80
  • Home fronts a lagoon or estuary

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Unpaved Parking
  • Paved Parking

Outdoor Features

  • Property near a lagoon
  • Docks
  • Deck

Schools

  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: missing dishwasher See tax map in doc library regarding 20 ft. fire lane easement on property
  • Assessor Parcel Number 06-01561-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,705

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • Subdivision Name: None
  • Architectural Style: Ranch
  • New Construction: No
  • Year Built: 1959
  • Contract Info List PriceSqFt: 159.65
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 60 X 80
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Parking Unpaved: Yes
  • Exterior Dock: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exclusions: missing dishwasher See tax map in doc library regarding 20 ft. fire lane easement on property
  • Exterior Features: Deck, Dock
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Unpaved, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • 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: 60 X 80
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 06-01561-0000-00015

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5705.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Aug 16, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Tedesco John
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
Colleen Lindsey-silver
Diane Turton, Realtors-Toms River
Sold Price
$135,000
Current Estimated Value
$490,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,156
Avg. Annual Appreciation
19.47%

Purchase Details

Closed on
Jan 12, 2017
Sold by
Ocean County Sheriff
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 18, 2005
Sold by
Bergstrom Thomas
Bought by
Mendoca Silvio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
Garbe Abigail
Bought by
Bergstrom Thomas
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
Tedesco John $135,000 Old Republic National Title
Deutsche Bank National Trust Co -- --
Mendoca Silvio A $360,000 Lawyers Title Ins
Bergstrom Thomas $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoca Silvio A $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $135,000 -- $148 / 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
2025 $6,613 $274,300 $210,400 $63,900
2024 $6,364 $274,300 $210,400 $63,900
2023 $6,246 $274,300 $210,400 $63,900
2022 $6,246 $274,300 $210,400 $63,900
2021 $6,114 $274,300 $210,400 $63,900
2020 $6,114 $274,300 $210,400 $63,900
2019 $5,944 $274,300 $210,400 $63,900
2018 $5,925 $274,300 $210,400 $63,900
2017 $5,705 $274,300 $210,400 $63,900
2016 $5,675 $274,300 $210,400 $63,900
2015 $5,519 $274,300 $210,400 $63,900
2014 $5,363 $274,300 $210,400 $63,900
Source: Public Records

Agents Affiliated with this Home

  • John Glancy

    Seller's Agent in 2018

    John Glancy

    RE/MAX at Barnegat Bay

    (732) 914-0074

    18 in this area

    66 Total Sales

    John Glancy
    Section Image
  • Colleen Lindsey-silver

    Buyer's Agent in 2018

    Colleen Lindsey-silver

    Diane Turton, Realtors-Toms River

    (732) 672-3277

    8 in this area

    41 Total Sales

    Colleen Lindsey-silver
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21810937

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01561-0000-00015

New Jersey Ocean County Bayville 08721

228 Teakwood Dr, Bayville, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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