NOT LISTED FOR SALE

38 Highland Ave Monmouth Beach, NJ 07750

Estimated Value: $2,334,000 - $3,946,000

6 Beds
8 Baths
10,000 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $2,550,000 $255 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,508/month

111 Days on Market

Highlights

  • Docks
  • Pier or Dock
  • Sauna
  • Monmouth Beach School District Rated A
  • Heated Indoor Pool
  • Custom Home

About This Home

As of June 2016

ONE OF A KIND WATER FRONT PROPERTY! THIS CUSTOM CONTEMPORARY HOME WAS BUILT WITH THE UTMOST ATTENTION TO DETAIL FOCUSING ON THE VAST PANORAMIC, BREATHTAKING VIEWS OF THE SHREWSBURY HARBOR. ONCE YOU ENTER YOU WILL BE IN AWE OF THE ARCHITECTURAL DESIGN AND AMAZING CRAFTSMANSHIP, FROM THE FLOOR TO CEILING WINDOWS THROUGHOUT, HW FLOORS, CARRARA MARBLE FLOORS, 40' HEATED INDOOR POOL W 2 STORY FLOOR TO CEILING GLASS OVERHEAD DOORS THAT OPEN TO EXPANSIVE CUSTOM WOOD DECK LEADING TO LARGE DOCK . ENJOY 6 ENSUITE SPACIOUS BEDROOMS, 8 FULL BATHS, LIVING ROOM, DINING ROOM, GOURMET KITCHEN. DEN W 2 STORY CEILING & 2 LEVEL GREAT ROOM W FLOOR TO CEILING WINDOWS. ENJOY A MASTER WING, W GYM/SAUNA, CIRCULAR STUDY W LOFT OFFERING PRIVACY AND SERENITY AS YOU TAKE IN UNOBSTRUCTED, AMAZING RIVER VIEWS.

Last Agent to Sell the Property

Kerrin O'Brien

O'Brien Realty, LLC License #1007851 Listed on: 12/02/2015

Last Buyer's Agent

Kathryn Plosica

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1536285

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,460

Year Built

  • Built in 1990

Lot Details

  • 0.78 Acre Lot
  • River Front
  • Street terminates at a dead end
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Double-Wide Driveway
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • 10,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Glass Block Windows
  • Blinds
  • Clerestory Windows
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Sunken Living Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Conservatory Room
  • Sauna
  • Home Gym
  • Center Hall
  • River Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • New Kitchen
  • Breakfast Room
  • Built-In Oven
  • Gas Cooktop
  • Portable Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Granite
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 8 Full Bathrooms
  • Maid or Guest Quarters
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Indoor Pool
  • Pool House
  • Pool Equipment Stays

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Exterior Lighting

Schools

  • Monmouth Beach Elementary And Middle School
  • Shore Reg High School

Utilities

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

Listing and Financial Details

  • Exclusions: ART DECO SCONCES, OUTDOOR SCULPTURES, BARBECUE
  • Assessor Parcel Number 34-00040-0000-00087-15

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,460

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street, Riverfront, Riverview
  • ResoPoolFeatures: See Remarks, Other, Covered, Heated, Indoor, Pool Equipment, Pool House
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Refrigerator, Sauna, Fireplace Equipment, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary
  • Reso Flooring: Ceramic Tile, Granite, Marble, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Clerestories, Conservatory, Dec Molding, Fitness, French Doors, Housekeeper Qtrs, Laundry Tub, Loft, Skylight, Sliding Door, Spiral Stairs, Wet Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 1990
  • Contract Info List PriceSqFt: 275.0
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Heated3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.78
  • General Property Info Farm: No
  • Location Middle School: Monmouth Beach
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 4.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Lot Description Dead End Street: Yes
  • Living Room French Doors2: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Pool Pool Equipment: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen BnookDining Area: Yes
  • Included Security System2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Parking Paver Block: Yes
  • Interior Loft: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Pool Covered: Yes
  • PoolIndoor: Yes
  • Interior Laundry Tub: Yes
  • Rooms Breakfast: Yes
  • Roof Sloping: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Kitchen Fireplace - Gas5: Yes
  • Dining Room Sliding Door3: Yes
  • Interior Bonus Room: Yes
  • Interior Spiral Stairs: Yes
  • Included Counter Top Range: Yes
  • Living Room Built-Ins2: Yes
  • Living Room Sunken: Yes
  • Foyer Floor - Marble: Yes
  • Floors Marble: Yes
  • Kitchen Skylight4: Yes
  • Interior Fitness: Yes
  • Water Type Riverview: Yes
  • Interior Housekeeper Qtrs: Yes
  • Dining Room Built-Ins3: Yes
  • Floors Granite: Yes
  • Rooms Exercise Room2: Yes
  • Interior Conservatory: Yes
  • GreatFamily Room Sunken3: Yes
  • Pool Pool House: Yes
  • Kitchen Floor - Marble7: Yes
  • Roof Rubber Roll: Yes
  • Lot Description Riverview2: Yes
  • Included Sauna: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Other
  • Basement: No
  • Full Bathrooms: 8
  • Total Bedrooms: 6
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • BasementOther: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Other Rooms:Study: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Marble7: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Sloping, Rubber, Shingle
  • Acres: 0.78
  • Waterfront Features: Other - See Remarks, Bulkhead, Riverfront, Riverview
  • Waterfront: Yes
  • Exclusions: ART DECO SCONCES, OUTDOOR SCULPTURES, BARBECUE
  • Exterior Features: Deck, Dock, Glass Blocks, Pier Dock, Sprinkler Under, Thermal Window, Lighting
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Double Wide Drive, Driveway, Off Street, On Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Size Sq Ft: 33976.8
  • Parcel #: 34-00040-0000-00087-15
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Monmouth Beach
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
May 21, 2016
Sold by
Leiner Maxine
Bought by
Economou Andoni and Economou Susan
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Kathryn Plosica
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$2,550,000
Current Estimated Value
$3,166,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,175
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,700,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2014
Sold by
Leiner Maxine and Leiner Jack
Bought by
Leiner Maxine

Purchase Details

Closed on
Jul 7, 1994
Sold by
Penta Carmen
Bought by
Molbegott Lester and Molbegott Debra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Economou Andoni $2,550,000 None Available
Leiner Maxine -- None Available
Molbegott Lester $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Economou Andoni $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $2,550,000 -- $255 / 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 $21,460 $2,590,400 $1,989,400 $601,000
2024 $32,467 $2,201,000 $1,639,400 $561,600
2023 $32,467 $3,152,100 $1,292,000 $1,860,100
2022 $33,546 $2,882,100 $1,092,000 $1,790,100
2021 $33,546 $2,641,400 $892,000 $1,749,400
2020 $32,585 $2,657,800 $939,000 $1,718,800
2019 $31,800 $2,645,600 $937,000 $1,708,600
2018 $31,759 $2,584,100 $937,000 $1,647,100
2017 $32,334 $2,550,000 $937,000 $1,613,000
2016 $40,422 $3,055,300 $887,000 $2,168,300
2015 $37,400 $2,975,300 $887,000 $2,088,300
2014 $41,591 $3,199,300 $1,382,100 $1,817,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21544722

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00040-0000-00087-15