NOT LISTED FOR SALE

351 Bay Ln Mantoloking, NJ 08738

Estimated Value: $2,421,000 - $3,429,000

5 Beds
3.5 Baths
3,500 Sq Ft
$807/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $1,454,000 $415 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $17,815/month

167 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon
  • Newly Remodeled
  • Custom Home
  • New Kitchen

About This Home

As of March 2017

Mantoloking Shores/waterfront/deep lagoon/ New Construction!Exceptional quality & attention to detail define ''Padula Builders''.This custom ''Aquatecture''designed home features Hardie-plank siding with a Timberline Ultra roof,5/6 bedrooms,3 1/2 baths,coffered ceiling,custom kitchen by ''Town & Country Kitchen & Bath''includes 5 burner Bertazzoni range,tile showers wth frameless shower doors,Kohler fixtures, 3-1/4 oak flooring,TJI silentfloor joists,3 high efficiency HVAC systems,200 amp service,75 gal hwh,recessed lighting, & Anderson tilt wash windows.Two additional bedrooms can be added to the 3rd floor. Exterior features 4 fiberglass balconies,roof covered front porch,Azek decking,outside shower,Mahogany garage door,paver driveway, 70'new vinyl bulkhead & room for a pool!Bayviews!

Last Listed By

Nancy Graves

Childers Sotheby's Intl Realty License #8735489 Listed on: 07/30/2016

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,906

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Lot Dimensions are 70 x 90
  • Home fronts a lagoon or estuary

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Wood Roof
  • Asphalt Rolled Roof
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Center Hall
  • Water Views

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Shower
  • Property near a lagoon
  • Bulkhead
  • Balcony
  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07000441200026

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,906

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • ResoPoolFeatures: See Remarks, Other
  • Reso Association Amenities: Association
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Den, Sliding Door, Breakfast Bar, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2016
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 70 x 90
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Kitchen Breakfast Cntr: Yes
  • Living Room Dec Molding3: Yes
  • Water Type Bulkhead: Yes
  • ExteriorOutdoorShower: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Foyer Dec Molding2: Yes
  • Siding Wood2: Yes
  • Dining Room Built-Ins3: Yes
  • Kitchen Marble4: Yes
  • Special Features: 4098

Interior Features

  • Basement: Other, None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 16
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • BasementOther: Yes
  • Other Rooms:Den2: Yes
  • Other Rooms:Rec Room: Yes

Exterior Features

  • Roof: Other - See Remarks, Timberline, Wood
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: Balcony, Deck, Outdoor Shower, Porch - Open, Other, Lighting

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 70 x 90
  • Parcel #: 07000441200026
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2016
Closed on
Mar 10, 2017
Sold by
13 Trenton Avenue Llc
Bought by
Martin Terrence P and Martin Elizabeth G
Seller's Agent
Nancy Graves
Childers Sotheby's Intl Realty
Buyer's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Sold Price
$1,454,000
Total Days on Market
167
Current Estimated Value
$2,825,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,371,237
Avg. Annual Appreciation
8.49%
Original Mortgage
$417,000
Outstanding Balance
$349,907
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$2,475,330

Purchase Details

Listed on
Jul 30, 2016
Closed on
Jan 23, 2017
Sold by
351 Bay Lane Llc
Bought by
13 Trenton Ave Llc
Seller's Agent
Nancy Graves
Childers Sotheby's Intl Realty
Buyer's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Sold Price
$1,454,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$349,907
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$2,475,330

Purchase Details

Listed on
Feb 26, 2014
Closed on
Apr 3, 2014
Sold by
Soporowski Joseph J and Soporowski Lillian B
Bought by
351 Bay Lane Llc
Seller's Agent
Patricia Russen
Diane Turton, Realtors-Wall
Buyer's Agent
Patricia Russen
Keller Williams Realty Ocean Living
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.13%

Range of Values:

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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
Martin Terrence P $1,454,500 --
13 Trenton Ave Llc -- --
351 Bay Lane Llc $500,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Terrence P $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $1,454,000 +190.8% $415 / Sq Ft
04/09/2014 04/09/14 Sold $500,000 -- --
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 $24,906 $1,014,500 $550,700 $463,800
2023 $24,581 $1,014,500 $550,700 $463,800
2022 $24,581 $1,014,500 $550,700 $463,800
2021 $24,064 $1,014,500 $550,700 $463,800
2020 $23,298 $994,800 $550,700 $444,100
2019 $22,910 $994,800 $550,700 $444,100
2018 $22,383 $994,800 $550,700 $444,100
2017 $12,077 $551,700 $550,700 $1,000
2016 $12,016 $551,700 $550,700 $1,000
2015 $11,702 $551,700 $550,700 $1,000
2014 $11,848 $575,000 $495,600 $79,400
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21630118

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00044-12-00026