NOT LISTED FOR SALE

262 Teakwood Dr Bayville, NJ 08721

Estimated Value: $740,242 - $853,000

4 Beds
2 Baths
2,105 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $540,000 $257 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,823/month

67 Days on Market

Highlights

  • Docks
  • Home fronts a lagoon or estuary
  • Cape Cod Architecture
  • Property Fronts a Bay or Harbor
  • Property near a lagoon
  • Deck

About This Home

As of October 2021

Incredible waterfront custom Cape with spectacular bay views! Only the third house in on the lagoon, this 4 bedroom 2 bath home with a bonus loft sits on a quiet Cul-De-Sac street, has a deck for sunrise coffee, cathedral ceilings, and 60 ft of bulkhead for your boat! The open contemporary layout boasts views from every room, and with only a 60 second ride to open water, you're just minutes to Island Beach State Park or Barnegat Lighthouse. Wide lagoon, new roof in 2016, and No interior Sandy damage! This is one you cannot miss!

Last Agent to Sell the Property

Travis Cheney

Keller Williams Preferred Properties,Bayville License #1865435 Listed on: 08/06/2021

Keller Williams Preferred Properties,Bayville

Last Buyer's Agent

Adriane Balliet

Childers Sotheby's Intl Realty License #1327236

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,875

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 60 x 80
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,105 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • French Doors
  • Loft
  • Water Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • 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
  • Glen Cove Subdivision

Listing and Financial Details

  • Exclusions: Personal items - furniture
  • Assessor Parcel Number 06-01561-0000-00030-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,875

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Dead End Street, Lagoon
  • Inclusions: Wall Oven, Ceiling Fan(s), Dishwasher, Stove, Refrigerator
  • Subdivision Name: Glen Cove
  • Architectural Style: Cape, Contemporary
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: French Doors, Loft, Skylight, Recessed Lighting
  • Year Built: 1989
  • Contract Info List PriceSqFt: 247.03
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 60 x 80
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Included Ceiling Fan(s): Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Siding Shingle: Yes
  • Lot Description Cul-De-Sac: Yes
  • Exterior Dock: Yes
  • Interior Loft: Yes
  • Floors Tile: Yes
  • GreatFamily Room French Doors4: Yes
  • Water Type Bayfront: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Other - See Remarks, Shingle
  • Waterfront Features: Bayfront
  • Waterfront: Yes
  • Exclusions: Personal items - furniture
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Dock

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: 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
  • Parcel #: 06-01561-0000-00030-01
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7875.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 15, 2021
Sold by
Canzani Victor J and Canzani Thomas R
Bought by
Darvish Mahasti
Seller's Agent
Travis Cheney
Keller Williams Preferred Properties,Bayville
Buyer's Agent
Adriane Balliet
Childers Sotheby's Intl Realty
List Price
$520,000
Sold Price
$540,000
Premium/Discount to List
$20,000
3.85%
Current Estimated Value
$778,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,811
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
Dec 11, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darvish Mahasti $540,000 First Jersey Title Svcs Inc
Darvish Mahasti $540,000 First American Title
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $540,000 +3.8% $257 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $520,000 0.0% $247 / Sq Ft
06/05/2017 06/05/17 Rented $2,150 +65.4% --
01/13/2016 01/13/16 Rented $1,300 -91.7% --
01/13/2016 01/13/16 Rented $15,600 +1100.0% --
01/13/2016 01/13/16 Under Contract -- -- --
10/16/2015 10/16/15 For Rent $1,300 -- --
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 $8,518 $353,300 $210,400 $142,900
2024 $8,197 $353,300 $210,400 $142,900
2023 $8,045 $353,300 $210,400 $142,900
2022 $8,045 $353,300 $210,400 $142,900
2021 $7,875 $353,300 $210,400 $142,900
2020 $7,875 $353,300 $210,400 $142,900
2019 $7,656 $353,300 $210,400 $142,900
2018 $7,633 $353,400 $210,400 $143,000
2017 $7,351 $353,400 $210,400 $143,000
2016 $7,312 $353,400 $210,400 $143,000
2015 $7,110 $353,400 $210,400 $143,000
2014 $6,909 $353,400 $210,400 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22124988

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01561-0000-00030-01