$435,000
SOLD DEC 17, 2024

41 Gerald Place Bayville, NJ 08721

4 Beds
1.5 Baths
1,828 Sq Ft
0.45 Acres

Recently Sold

$238 Per Sq Ft

3% Below List Price

69 Days on Market

Highlights

  • Deck
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Converted Garage

About This Home

As of December 2024

Welcome to 41 Gerald Place in the sought after and seldom available Sylvan Lake community of Bayville. This 4 bedroom (possible 5th) Bi-Level home on large corner property with fenced yard offers endless possibilities. The first floor features spacious living room, formal dining room and kitchen. 3 bedrooms, the primary bedroom offers dual access bath with newer vanity. The lower level offers family room, 4th bedrm, half bath and laundry. Partial garage conversion offers a large bonus room with sliding glass doors to maintenance free deck and tremendous fenced yard. Home has been lovingly cared for by the original owners with ADT Security System, newer windows and doors, Central A/C and large driveway. Don't miss out on this opportunity to own a home with endless potential!

Last Agent to Sell the Property

Janice Lefebvre

Childers Sotheby's Int Realty License #0675167 Listed on: 10/08/2024

Childers Sotheby's Int Realty

Last Buyer's Agent

THOMAS BISHOP

Jason Mitchell Real Estate New Jersey License #2076901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,552

Year Built

  • Built in 1972

Lot Details

  • 0.45 Acre Lot
  • Corner Lot
  • Oversized Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Converted Garage
  • Oversized Parking
  • Double-Wide Driveway

Home Design

  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Storage Shed

Schools

  • Central Reg Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • Sylvan Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-01841-09-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,552

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized
  • Inclusions: Washer, Dryer, Refrigerator
  • Subdivision Name: Sylvan Lake
  • Architectural Style: Bi-Level
  • Reso Interior Features: Attic, Sliding Door
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1972
  • Contract Info List PriceSqFt: 246.17
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.45
  • General Property Info Lot Dimensions: approx 195 x IRR
  • General Property Info Farm: No
  • Location Middle School: Central Reg Middle
  • Lot Description Corner Lot: Yes
  • Style Bi-Level: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • ExteriorDeck: Yes
  • Siding Shingle: Yes
  • Kitchen Floor - Laminate2: Yes
  • Parking Oversized2: Yes
  • Garage Converted: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.45
  • Topography: Level
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Patio, Shed

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive, Driveway, Converted Garage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: approx 195 x IRR
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 06-01841-09-00005
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Dec 11, 2024
Sold by
Crimmins Patricia A
Bought by
Palmer David and Palmer Mary E
Seller's Agent
Janice Lefebvre
Childers Sotheby's Int Realty
Buyer's Agent
THOMAS BISHOP
Jason Mitchell Real Estate New Jersey
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Views
45
Current Estimated Value
$477,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,335
Avg. Annual Appreciation
10.38%
Original Mortgage
$398,351
Outstanding Balance
$395,218
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$82,117
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $435,000 Fidelity National Title
Deed $435,000 Fidelity National Title
Deed $435,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,351 FHA
Closed $398,351 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $435,000 -3.3% $238 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $450,000 -- $246 / 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 $5,770 $239,300 $116,200 $123,100
2024 $5,302 $239,300 $116,200 $123,100
2023 $5,199 $239,300 $116,200 $123,100
2022 $5,449 $239,300 $116,200 $123,100
2021 $4,744 $239,300 $116,200 $123,100
2020 $5,334 $239,300 $116,200 $123,100
2019 $5,186 $239,300 $116,200 $123,100
2018 $5,169 $239,300 $116,200 $123,100
2017 $4,977 $239,300 $116,200 $123,100
2016 $4,701 $239,300 $116,200 $123,100
2015 $4,565 $239,300 $116,200 $123,100
2014 $4,428 $239,300 $116,200 $123,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22429230

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01841-09-00005