NOT LISTED FOR SALE

4 Leyte Ln Ocean City, NJ 08226

Estimated Value: $3,373,293 - $3,667,000

5 Beds
4 Baths
-- Sq Ft
5,314 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $1,560,000

Est. 125% increase in value since last sale

Current estimated payment $20,507/month

30 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Home fronts a lagoon or estuary
  • Ocean City Primary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of September 2016

Spectacular single family lagoon front home featuring 5 bedrooms and 4 baths located in the desirable Riviera section of Ocean City. You’ll love the spacious living areas including the custom gourmet kitchen, large bedrooms and luxurious baths, but the most incredible feature of this home is the in-ground Gunite pool and hot tub surrounded by a huge waterfront deck and 3 boat slips. You must see this pool to fully appreciate it! Also outside, the fenced yard, security system and brick paved driveway and walkways add value and elegance to this beautiful home. Furnishings available and negotiable. One year American Home Shield Warranty included for the new owner!

Last Agent to Sell the Property

Douglas Grisbaum

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 07/14/2016

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Co-Listed By

John Lazzara

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Last Buyer's Agent

Craig Troilo

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,468

Lot Details

  • Lot Dimensions are 50' x 106
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Water Views
  • Burglar Security System

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Slip
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,468

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 07/14/2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Dryer, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Security System, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Pool-In Ground, Patio, Sprinkler System, Sidewalks, Whirlpool/Spa
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Bay Front, Docks, Lagoon Front, Water View
  • Lot Dimensions: 50' x 106
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 16, 2016
Sold by
Weinstein Kevin and Weinstein Mary C
Bought by
Mg & Ng Enterprises Llc
Seller's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Craig Troilo
Compass New Jersey-Ocean City (O463E)
List Price
$1,560,000
Sold Price
$1,560,000
Current Estimated Value
$3,511,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,951,823
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Apr 11, 2008
Sold by
Smead Thomas P
Bought by
Weinstein Kevin and Weinstein Mary C

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
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Stoeco Development Ltd
Bought by
Weinstein Kevin and Weinstein Mary C

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
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Oteri Stephen E
Bought by
Smead Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.16%

Purchase Details

Closed on
May 8, 2002
Sold by
Philomeno and Salamone
Bought by
Oteri Stephen E and Oteri Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
7.15%

Purchase Details

Closed on
Mar 13, 1989
Sold by
Moffitt Doris and Moffitt Leonard E
Bought by
Moffitt Doris and Moffitt Leonard
Source: Public Records

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
Mg & Ng Enterprises Llc $1,560,000 Freedom Title And Abstract
Weinstein Kevin $1,850,000 The Title Company Of Jersey
Weinstein Kevin -- The Title Company Of Jersey
Smead Thomas P $1,500,000 --
Oteri Stephen E $1,125,000 --
Moffitt Doris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David A A $370,456
Closed Gerace Noreen L $388,247
Open David A A $740,913
Closed David A Grace Noreen L Grace $800,000
Closed David A Gerace Noreen L Gerace $400,000
Previous Owner Weinstein Kevin $500,000
Previous Owner Weinstein Kevin $417,000
Previous Owner Weinstein Kevin $417,000
Previous Owner Smead Thomas P $1,000,000
Previous Owner Oteri Stephen E $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $1,560,000 0.0% --
08/13/2016 08/13/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $1,560,000 -- --
Source: South Jersey Shore Regional MLS

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 $16,468 $1,467,700 $816,000 $651,700
2024 $16,468 $1,467,700 $816,000 $651,700
2023 $15,719 $1,467,700 $816,000 $651,700
2022 $15,103 $1,467,700 $816,000 $651,700
2021 $10,949 $1,467,700 $816,000 $651,700
2020 $14,354 $1,467,700 $816,000 $651,700
2019 $14,193 $1,467,700 $816,000 $651,700
2018 $14,061 $1,467,700 $816,000 $651,700
2017 $13,840 $1,467,700 $816,000 $651,700
2016 $13,312 $1,467,700 $816,000 $651,700
2015 $13,136 $1,467,700 $816,000 $651,700
2014 $12,945 $1,467,700 $816,000 $651,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 471377

South Jersey Shore Regional MLS

APN: 08-02115-0000-00002