NOT LISTED FOR SALE

258 Teakwood Dr Bayville, NJ 08721

Estimated Value: $362,000 - $517,000

2 Beds
1 Bath
1,100 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $260,000 $236 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,958/month

19 Days on Market

Highlights

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

About This Home

As of August 2021

Come take a look at this amazing opportunity raise and revitalize or start from scratch. This unique location provides some bay views on a wide lagoon, just four homes from the open bay. If you have always wanted to live on the water, explore your options at 258 Teakwood Drive. Home has been deemed substantially damaged by Berkeley township. New owner is required to raise the home or knock it down and rebuild by October 2021.

Last Agent to Sell the Property

Gaspare Mazzuca

Coldwell Banker Flanagan Rlty Listed on: 06/19/2021

Last Buyer's Agent

Stephanie Tremblay

Coldwell Banker Riviera Realty License #1859167

Coldwell Banker Riviera Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1960

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 80
  • Home fronts a lagoon or estuary
  • Street terminates at a dead end

Home Design

  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Deck

Schools

  • H & M Potter Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-01561-0000-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,969

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Dead End Street, Lagoon
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, Skylight, Recessed Lighting
  • New Construction: No
  • Year Built: 1960
  • Contract Info List PriceSqFt: 204.55
  • 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: 0.09
  • General Property Info Lot Dimensions: 50 x 80
  • General Property Info Farm: No
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Siding Shingle: Yes
  • Water Type Bulkhead: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Basement:Crawl Space: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Personal property
  • Construction Type: Shingle Siding
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 50 x 80
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 06-01561-0000-00029

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5969.0

MLS Schools

  • Elementary School: H & M Potter
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Aug 4, 2021
Sold by
Casiano Matthew M
Bought by
Scognamiglio Joe and Scognamiglio Edy
Seller's Agent
Gaspare Mazzuca
Coldwell Banker Flanagan Rlty
Buyer's Agent
Stephanie Tremblay
Coldwell Banker Riviera Realty
List Price
$225,000
Sold Price
$260,000
Premium/Discount to List
$35,000
15.56%
Current Estimated Value
$458,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,315
Avg. Annual Appreciation
14.16%

Purchase Details

Closed on
Nov 18, 1994
Sold by
Romano Rose
Bought by
Casiano Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Scognamiglio Joe $260,000 Anchor Title Agency Llc
Casiano Matthew $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casiano Matthew $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $260,000 +15.6% $236 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $225,000 -- $205 / 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 $6,457 $267,800 $192,000 $75,800
2024 $6,213 $267,800 $192,000 $75,800
2023 $6,098 $267,800 $192,000 $75,800
2022 $6,098 $267,800 $192,000 $75,800
2021 $5,969 $267,800 $192,000 $75,800
2020 $5,969 $267,800 $192,000 $75,800
2019 $5,803 $267,800 $192,000 $75,800
2018 $5,784 $267,800 $192,000 $75,800
2017 $5,570 $267,800 $192,000 $75,800
2016 $5,541 $267,800 $192,000 $75,800
2015 $5,388 $267,800 $192,000 $75,800
2014 $5,235 $267,800 $192,000 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22119848

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01561-0000-00029