NOT LISTED FOR SALE

320 Bay Ln Mantoloking, NJ 08738

Estimated Value: $2,103,000 - $2,610,000

4 Beds
2.5 Baths
2,603 Sq Ft
$889/Sq Ft Est. Value

Last Sold April 02, 2020

Last sale price $1,150,000 $442 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $14,576/month

34 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • New Kitchen
  • Docks
  • Property near a lagoon
  • Colonial Architecture

About This Home

As of April 2020

A fabulous waterfront home on a spacious corner lot in South Mantoloking. This exceptional location features 4 bedrooms 2.5 full baths with an oversized two car garage. The lower level features plenty of additional space for guests and family with radiant heat floors throughout. Plus a prep kitchen that leads to an outdoor patio where you could easily install an inground pool. A two story custom staircase leads to the with a well-designed open floor plan, which includes two fireplaces, living room, dining room open to a signature kitchen with large center island. The kitchen flows into the dining room and living room which includes two fireplaces. There is a comfortable ensuite master bedroom and 3 additional guest bedrooms. Whether you're considering a second home or a year-round residence consider this private seashore home as it is just minutes to the bay and beach.

Last Agent to Sell the Property

Shawn Clayton

Clayton & Clayton Inc.Realtors License #9035151 Listed on: 02/08/2020

Last Buyer's Agent

Joanne McLaughlin

Ward Wight Sotheby's International Realty License #0014021

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,871

Lot Details

  • Lot Dimensions are 102x95x80x98
  • Home fronts a lagoon or estuary
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Heated Garage
  • Parking Available
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Raised Ranch Architecture
  • Shingle Roof
  • Asphalt Rolled Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,603 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Den
  • Bonus Room
  • Home Gym
  • Center Hall
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 21932882

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,871

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon, Oversized
  • ResoPoolFeatures: See Remarks, Other
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Raised Ranch, Colonial, 2 Story
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Bonus Room, Built-Ins, Center Hall, Dec Molding, Den, Sliding Door, Recessed Lighting
  • General Property Info Waterview: Yes
  • 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
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 102x95x80x98
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Living Room Fireplace - Gas7: Yes
  • Parking Concrete: Yes
  • Roof Timberline: Yes
  • Siding Shingle: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Foyer Floor - Ceramic: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Dining Room Sliding Door3: Yes
  • Interior Bonus Room: Yes
  • Rooms Exercise Room2: Yes
  • Garage Heated2: Yes
  • Style Raised Ranch: Yes
  • Dining Room Fireplace - Gas6: Yes
  • Dining Room Fireplace - Other6: Yes
  • Style 2 Story: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Total Bedrooms: 12
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Topography: Level
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Balcony, Dock, Fence, Patio, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, On Street, Direct Access, Heated Garage, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 102x95x80x98
  • Parcel #: 21932882
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 20871.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Apr 27, 2020
Sold by
Manoocheri Souran and Ghodrati Fariba
Bought by
Diana William T
Seller's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Buyer's Agent
Joanne McLaughlin
Ward Wight Sotheby's International Realty
List Price
$1,249,000
Sold Price
$1,150,000
Premium/Discount to List
-$99,000
-7.93%
Current Estimated Value
$2,312,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,965
Avg. Annual Appreciation
13.81%
Original Mortgage
$709,991
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2007
Sold by
Riccitelli Joseph R and Riccitelli Camile
Bought by
Manoocheri Souran and Ghodrati Fariba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Nagel Jorge R and Nagel Gina
Bought by
Riccitelli Joseph R and Riccitelli Camile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Diana William T $1,150,000 Pegasus Title Agency Llc
Manoocheri Souran $956,000 Fidelity Natl Title Ins Co
Riccitelli Joseph R $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diana William T $708,000
Closed Diana William T $709,991
Previous Owner Manoocheri Souran $764,800
Previous Owner Riccitelli Joseph R $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $1,150,000 -7.9% $442 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $1,249,000 -- $480 / 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 $23,960 $927,600 $666,000 $261,600
2024 $22,773 $927,600 $666,000 $261,600
2023 $22,476 $927,600 $666,000 $261,600
2022 $22,476 $927,600 $666,000 $261,600
2021 $22,003 $927,600 $666,000 $261,600
2020 $21,724 $927,600 $666,000 $261,600
2019 $21,363 $927,600 $666,000 $261,600
2018 $20,871 $927,600 $666,000 $261,600
2017 $18,099 $826,800 $666,000 $160,800
2016 $18,008 $826,800 $666,000 $160,800
2015 $17,536 $826,800 $666,000 $160,800
2014 $17,396 $778,600 $666,000 $112,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005347

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00044-01-00020