$500,000
SOLD APR 9, 2014

351 Bay Ln Mantoloking, NJ 08738

3 Beds
1.5 Baths
-- Sq Ft
6,316 Sq Ft Lot

Recently Sold

0 Day on Market

Highlights

  • Waterfront
  • Enclosed Patio or Porch
  • Central Air
  • No HOA
  • Outdoor Shower
  • 1 Car Garage

About This Home

As of March 2017

Outstanding opportunity to own waterfront property in the prestigious Mantoloking Shores community. This property is located far from rt.35 highway on a deep, wide & protected lagoon, 70 ft of bulkhead, literally around the corner from the open bay. Superstorm Sandy visited this 3 bedroom, 1 1/2 bath home. House has been gutted and mold remediated. Raise or build the home of your choice. Call about renovation loan for Sandy damaged properties,covers removal,clearing and build.

Last Agent to Sell the Property

Patricia Russen

Diane Turton, Realtors-Wall Listed on: 02/26/2014

Co-Listed By

Donald Mayer

Diane Turton, Realtors-Wall License #0894401

Last Buyer's Agent

Patricia Russen

Keller Williams Realty Ocean Living License #0456602

Keller Williams Realty Ocean Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,205

Year Built

  • Built in 1950

Lot Details

  • Waterfront

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: ALL PERSONAL BELONGINGS AND RED LIGHT FIXTURE IN DINING AREA
  • Assessor Parcel Number 00044001200026

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,205

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1605
  • Co List Office Phone: 732-292-1400
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1950
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • SidingBrick: Yes
  • Style Ranch: Yes
  • ExteriorOutdoorShower: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exclusions: ALL PERSONAL BELONGINGS AND RED LIGHT FIXTURE IN DINING AREA
  • Construction Type: Brick
  • Exterior Features: Outdoor Shower, Porch - Enclosed
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00044001200026

Tax Info

  • Tax Year: 2013

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
Current Estimated Value
$2,771,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,317,795
Avg. Annual Appreciation
8.43%
Original Mortgage
$417,000
Outstanding Balance
$346,626
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$2,557,939

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
$346,626
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$2,557,939

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%
Source: Public Records

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 Type Sale Price Title Company
Deed $1,454,500 --
Deed -- --
Deed $500,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
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
2025 $26,205 $1,019,900 $550,700 $469,200
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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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21402384

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00044-12-00026