NOT LISTED FOR SALE

Estimated Value: $1,254,000 - $1,855,000

0.11 Acre
$14,680,318 Price per Acre
4,792 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $920,000

Est. 76% increase in value since last sale

Current estimated payment $11,255/month

8 Days on Market

Highlights

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

About This Lot

As of June 2021

Rare opportunity to build on this vacant land for sale In Normandy Beach. Lagoon water front with lovely open views and just a short walk to ocean beach.Tennis courts, bay beach and play ground just two blocks away!Property size is 50' x 95' with wood bulkhead sold ''AS IS''. Survey available.

Last Agent to Sell the Property

Michele Marancik

Childers Sotheby's Intl Realty License #8335569 Listed on: 04/21/2021

Childers Sotheby's Intl Realty

Co-Listed By

Lara Walsh

Childers Sotheby's Intl Realty License #0570273

Childers Sotheby's Intl Realty

Last Buyer's Agent

Lara Walsh

Childers Sotheby's Intl Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,896

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 95
  • Home fronts a lagoon or estuary
  • Level Lot

Outdoor Features

  • Property near a lagoon
  • Riparian rights to water flowing past the property
  • Electricity Available at Street
  • Bulkhead

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 08-00884-0000-00003

Property Details

Property Type

Land

Est. Annual Taxes

$9,896

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Level
  • Co List Office Mls Id: 1259
  • Co List Office Phone: 732-793-5500
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 95
  • WaterSewer Public Water: Yes
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Lagoon: Yes
  • Water Type Bulkhead: Yes
  • Water Type Riparian Rights: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.11
  • Waterfront Features: Bulkhead, Lagoon, Riparian Rights
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 50 x 95
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-00884-0000-00003
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 17, 2021
Sold by
Fourth Wish Llc
Bought by
Tate John P and Tate Dian L
Seller's Agent
Michele Marancik
Childers Sotheby's Intl Realty
Buyer's Agent
Lara Walsh
Childers Sotheby's Intl Realty
List Price
$819,000
Sold Price
$920,000
Premium/Discount to List
$101,000
12.33%
Current Estimated Value
$1,614,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,835
Avg. Annual Appreciation
14.30%
Original Mortgage
$585,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2016
Closed on
Sep 26, 2016
Sold by
Sullivan Daniel J and Sullivan Cheryl A
Bought by
Fourth Wish Llc
Seller's Agent
Cheryl Sullivan
The Connolly Agency
Buyer's Agent
Cheryl Sullivan
The Connolly Agency
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Nov 22, 2001
Sold by
Kayhart Marguerite
Bought by
Sullivan Daniel and Sullivan Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.72%

Purchase Details

Closed on
Jan 22, 1998
Sold by
Kayhart Marguerite M
Bought by
Kayhart David and Kayhart William

Purchase Details

Closed on
Dec 26, 1997
Sold by
Kayhart Marguerite M
Bought by
Kayhart David and Kayhart William
Source: Public Records

Range of Values:

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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
Tate John P $920,000 First American Title Ins Co
Fourth Wish Llc $600,000 --
Sullivan Daniel $550,000 --
Kayhart David -- --
Kayhart David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tate John P $1,500,000
Closed Tate John P $585,000
Previous Owner Sullivan Daniel J $300,000
Previous Owner Sullivan Daniel J $450,000
Previous Owner Sullivan Daniel $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $920,000 +12.3% --
04/29/2021 04/29/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $819,000 +36.5% --
09/28/2016 09/28/16 Sold $600,000 -- --
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 $30,298 $1,663,800 $575,000 $1,088,800
2024 $28,800 $1,663,800 $575,000 $1,088,800
2023 $9,597 $575,000 $575,000 $0
2022 $9,597 $575,000 $575,000 $0
2021 $9,940 $396,800 $396,800 $0
2020 $9,896 $396,800 $396,800 $0
2019 $9,468 $396,800 $396,800 $0
2018 $9,341 $396,800 $396,800 $0
2017 $9,261 $396,800 $396,800 $0
2016 $9,247 $406,800 $396,800 $10,000
2015 $8,897 $406,800 $396,800 $10,000
2014 $8,470 $406,800 $396,800 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22111942

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00884-0000-00003