NOT LISTED FOR SALE

248 Fernwood Dr Bayville, NJ 08721

Estimated Value: $926,289 - $1,152,000

4 Beds
3 Baths
2,000 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $625,000 $312 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,326/month

13 Days on Market

Highlights

  • Dock has access to electricity and water
  • Home fronts a lagoon or estuary
  • Bayside
  • Property Fronts a Bay or Harbor
  • Property near a lagoon
  • New Kitchen

About This Home

As of November 2020

Beautiful Bayside/Lagoon Front Oversized 4BR/3Bath Ranch in Glenn Cove!Ideal for Boaters, Fishing Enthusiasts & Beachcombers alike!An Incredible Backyard Oasis w/ 200' of vinyl bulkhead & direct Bay access,floating docks,cantilever lift,jet ski ramps,outdoor kitchen/bar w/Pergola atop a huge deck w/views of Barnegat Bay.Inside has an open concept floorplan w/ custom 12' multi-panel sliding door opening to amazing backyard ideal for entertaining! Vaulted ceilings & rec lights in the Gourmet EIK feat. custom cabinets w/ driftwood detail,SS Appl.,granite counters & center island, custom plumb fixtures & huge butler's pantry/laundry rm off the kitchen.3 large BRs w/ample closets floors & 2 full baths plus Mastersuite w/ double shower & large walk-in closet.

Last Agent to Sell the Property

William Pecora

Pecora Realtors License #0225987 Listed on: 10/22/2020

Last Buyer's Agent

William Pecora

Pecora Realtors License #0225987 Listed on: 10/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,848

Year Built

  • Built in 1983

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Fenced

Home Design

  • Shingle Roof
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Family Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Dryer

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • No Garage
  • Parking Available
  • Double-Wide Driveway
  • Paved Parking

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Dock has access to electricity and water
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outdoor Gas Grill

Schools

  • Bayville Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Well
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Bayside

Community Details

  • No Home Owners Association
  • Glen Cove Subdivision

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 06-01555-0000-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,848

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront, Bayside, Bulkhead, Cul-De-Sac, Fenced Area, Lagoon
  • Inclusions: Wall Oven, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Down Draft Range, Light Fixtures, Microwave, Self/Con Clean, Stove, Stove Hood, Refrigerator, Attic Fan, Gas Grill, Gas Cooking
  • Subdivision Name: Glen Cove
  • Architectural Style: Ranch, Expanded Ranch
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs, Dec Molding, Sliding Door, Recessed Lighting
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1983
  • Contract Info List PriceSqFt: 297.5
  • 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
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • General Property Info Acreage: 0.24
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Sliding Door5: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • Roof Timberline: Yes
  • Style Ranch: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Lot Description Cul-De-Sac: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Exterior WaterElect Dock: Yes
  • Included Gas Grill: Yes
  • Kitchen Butler Pantry: Yes
  • Style Expanded Ranch: Yes
  • Included Attic Fan: Yes
  • GreatFamily Room Floor - LinoleumVinyl5: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Lot Description Bayfront2: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Water Type Bayfront: Yes
  • Water Type Bayside: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances Included:Wall Oven: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Floor - LinoleumVinyl6: Yes
  • Primary Bath Floor - LinoleumVinyl7: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.24
  • Waterfront Features: Bayfront, Bayside, Bayview, Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Personal Belongings
  • Exterior Features: Deck, Dock, Fence, Shed, Water/Elect @ Dock, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Double Wide Drive, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 06-01555-0000-00025
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10848.0

MLS Schools

  • Elementary School: Bayville
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 16, 2020
Sold by
Mergola Anthony
Bought by
Gutarra Humberto and Ramirez Olga
Seller's Agent
William Pecora
Pecora Realtors
Buyer's Agent
William Pecora
Pecora Realtors
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Current Estimated Value
$1,010,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,322
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Gangemi Mark and Kiminski Kristina A
Bought by
Mergola Anthony

Purchase Details

Closed on
Nov 26, 1997
Sold by
Rinderer James and Rinderer Karen
Bought by
Gangemi Mark and Kiminski Kristina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.26%

Purchase Details

Closed on
Aug 23, 1995
Sold by
Deluca Thomas
Bought by
Rinderer James and Rinderer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.32%

Purchase Details

Closed on
Jul 5, 1994
Sold by
Cardell Ronald
Bought by
Rinderer James and Rinderer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.51%
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
Gutarra Humberto $625,000 Pegasus Title Agency Llc
Gutarra Humberto $625,000 Land Title
Mergola Anthony $660,000 Multiple
Gangemi Mark $180,000 --
Rinderer James $200,000 --
Rinderer James $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gangemi Mark $153,000
Previous Owner Rinderer James $90,000
Previous Owner Rinderer James $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $625,000 +5.0% $313 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $595,000 -14.4% $298 / Sq Ft
10/22/2020 10/22/20 For Sale $695,000 -- $348 / 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 $12,069 $500,600 $294,400 $206,200
2024 $11,614 $500,600 $294,400 $206,200
2023 $11,399 $500,600 $294,400 $206,200
2022 $11,399 $500,600 $294,400 $206,200
2021 $11,136 $500,600 $294,400 $206,200
2020 $11,158 $500,600 $294,400 $206,200
2019 $10,848 $500,600 $294,400 $206,200
2018 $10,813 $500,600 $294,400 $206,200
2017 $10,412 $500,600 $294,400 $206,200
2016 $10,357 $500,600 $294,400 $206,200
2015 $10,072 $500,600 $294,400 $206,200
2014 $9,787 $500,600 $294,400 $206,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22038038

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01555-0000-00025