NOT LISTED FOR SALE

28 Shell Rd Mantoloking, NJ 08738

Estimated Value: $900,000 - $1,036,000

0.03 Acre
$31,751,300 Price per Acre
1,307 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $299,000

Est. 219% increase in value since last sale

Current estimated payment $5,885/month

179 Days on Market

About This Lot

As of May 2021

SOUTH MANTOLOKING INVESTMENT OPPORTUNITY! LOCATION, LOCATION, LOCATION! This property will house the second building unit from private beach. BUY NOW at pre-construction pricing! This is a condominium unit of land in the exclusive community of Camp Osborn! Sewer and water currently being installed!!! Duplex community abuts million dollar new-build single family homes.

This land unit, 28 Shell Rd, is one of the MOST DESIRABLE LOCATIONS and best available on the market! Buyer will decide between a 2 or 3-bedroom model, and can customize interior finishes. Construction is expected to begin in 2021. This is a land sale only. Buyer is responsible for HOA fees and building costs.

Last Listed By

Jacklyne Eareckson

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1757616 Listed on: 04/07/2021

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,589

Year Built

  • 1935

Lot Details

  • 1,307

Additional Features

  • Oceanside
  • 1,307 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 07-00036-0000-00013-0000-C0044

Property Details

Property Type

Land

Est. Annual Taxes

$1,589

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanside
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 0.03
  • WaterSewer Public Water: Yes
  • Electric Near By: Yes
  • Special Features: None
  • Year Built (Public Record): 1935

Exterior Features

  • Acres: 0.03
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00036-0000-00013-0000-C0044
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1589.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Swan Point Ventures Llc
Bought by
Franchi Eric A and Franchi Sarah M
Total Days on Market
179
Current Estimated Value
$952,539

Purchase Details

Closed on
Mar 14, 2022
Sold by
Camp Marketing Llc
Bought by
Camp Osborne Condominium Association and Osborn Sea-Bay Condominium Association Inc

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 11, 2021
Sold by
Lucky Cheryl
Bought by
Swan Point Ventures Llc
Seller's Agent
Jacklyne Eareckson
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Elizabeth Winterbottom
Keller Williams Realty Premier Properties
List Price
$290,000
Sold Price
$299,000
Premium/Discount to List
$9,000
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.18%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Lucky John and Lucky Cheryl
Bought by
Lucky Cheryl

Purchase Details

Closed on
Jul 13, 1999
Sold by
Camp Marketing Llc
Bought by
Lucky John and Lucky Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

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
Franchi Eric A $950,000 None Listed On Document
Swan Point Ventures Llc $299,000 First American Title Ins Co
Lucky Cheryl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucky John $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $299,000 -6.3% --
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $319,000 +10.0% --
10/11/2020 10/11/20 For Sale $290,000 -- --
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
2024 $6,948 $283,000 $283,000 $0
2023 $1,672 $283,000 $283,000 $0
2022 $1,672 $69,000 $69,000 $0
2021 $1,637 $69,000 $69,000 $0
2020 $1,616 $69,000 $69,000 $0
2019 $1,589 $69,000 $69,000 $0
2018 $1,553 $69,000 $69,000 $0
2017 $1,510 $69,000 $69,000 $0
2016 $1,503 $69,000 $69,000 $0
2015 $1,463 $69,000 $69,000 $0
2014 $1,452 $69,000 $69,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036777

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00036-0000-00013-0000-C0044