NOT LISTED FOR SALE

Estimated Value: $3,851,133 - $4,771,000

5 Beds
4.5 Baths
3,870 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $2,475,000 $640 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $25,414/month

10 Days on Market

Highlights

  • 1 Dock Slip
  • Access to Tidal Water
  • 0.31 Acre Lot
  • Home fronts navigable water
  • Heated Pool
  • Coastal Architecture

About This Home

As of September 2020

Ranking among the finest of bay front properties on the north end of LBI, this gorgeous custom-built nautical dream, was designed to take full advantage of its waterfront setting. Chosen for its rare combination of a southern-facing orientation & it?s coveted location; the Lazy Point section of Surf City, this gorgeous parcel also offers quick access to the bridge.Waterscape views backdrop most rooms in this spacious 4600+ square foot residence with 5 bedrooms & 4 baths. 38 x 38' Lr/Dr/Kit offers walls of glass to water views,10? ceilings, & hickory floors that flow to the Francie Milano kitchen w/Wood-Mode cabinetry,Subzero,6-burner DCS range, 2 farmhouse sinks,2 DW & an ice machine.Layered in luxury, the tri-level layout boasts upper floor cathedral ceilings, a Master Suite w/study, extravagant bath,a total of 4 en suites + a den/5th bedroom. Outside, the landscaped gardens, blue stone patios & walkways center on the 40x17 Pebble Tec heated pool & fire pit.,Designed by Purple Cherry Architects from Annapolis & constructed by Ron Mastro.Take a 3-D tour https://my.matterport.com/show/?m=W9Saayhmj9XMaibec Stained cedar shingles & trim /copper accents.Tumbled pavers - natural cleft blue stone Pebble tec pool refinished in 2013 New in 2013 pool equipment, heater, cover, Note - cover will hold heat on cold Lbi spring daysIrrigation system Exterior and garden lightingCustom made fire pitBoat lift New Docks - a deep water dockPressure treated wood Bulkhead just refurbishedInvisible fence3 HVAC Zones -Damper system to control heat Anderson hurricane proof windowsPerrin & Rowe / and Rohl fixtures Bathroom vanities are travertine natural stone over Wood-mode custom cabinets. Shannadoah plantation shutters - signature hinges edge discretely hidden behind panels over 50k.

Last Agent to Sell the Property

Bonnie Wells

Coastal Living Real Estate Group License #9231521 Listed on: 07/21/2020

Last Buyer's Agent

Nathan Colmer

The Van Dyk Group - Long Beach Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,597

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 60.00 x 223.00
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned RAA

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 3,870 Sq Ft Home
  • Property has 3 Levels
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Balcony
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 32-00114-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,597

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Exclusions: Furniture
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Ranking among the finest of bay front properties on the north end of LBI, this gorgeous custom-built nautical dream, was designed to take full advantage of its waterfront setting. Chosen for its rare combination of a southern-facing orientation & it?s coveted location; the Lazy Point section of Surf City, this gorgeous parcel also offers quick access to the bridge.Waterscape views backdrop most rooms in this spacious 4600+ square foot residence with 5 bedrooms & 4 baths. 38 x 38' Lr/Dr/Kit offers walls of glass to water views,10? ceilings, & hickory floors that flow to the Francie Milano kitchen w/Wood-Mode cabinetry,Subzero,6-burner DCS range, 2 farmhouse sinks,2 DW & an ice machine.Layered in luxury, the tri-level layout boasts upper floor cathedral ceilings, a Master Suite w/study, extravagant bath,a total of 4 en suites + a den/5th bedroom. Outside, the landscaped gardens, blue stone patios & walkways center on the 40x17 Pebble Tec heated pool & fire pit.,Designed by Purple Cherry Architects from Annapolis & constructed by Ron Mastro.Take a 3-D tour https://my.matterport.com/show/?m=W9Saayhmj9XMaibec Stained cedar shingles & trim /copper accents.Tumbled pavers - natural cleft blue stone Pebble tec pool refinished in 2013 New in 2013 pool equipment, heater, cover, Note - cover will hold heat on cold Lbi spring daysIrrigation system Exterior and garden lightingCustom made fire pitBoat lift New Docks - a deep water dockPressure treated wood Bulkhead just refurbishedInvisible fence3 HVAC Zones -Damper system to control heat Anderson hurricane proof windowsPerrin & Rowe / and Rohl fixtures Bathroom vanities are travertine natural stone over Wood-mode custom cabinets. Shannadoah plantation shutters - signature hinges edge discretely hidden behind panels over 50k.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplace: No
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3870
  • Living Area Sq Ft: 3870
  • Price Per Sq Ft: 639.53
  • Above Grade Finished Sq Ft: 3870
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 418

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 3.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Underground Lawn Sprinkler
  • Pool Features: Heated
  • Spa: No
  • Water Access Features: Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Barnegat Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 1056400.00
  • Land Assessed Value: 1078700.00
  • Lot Size Acres: 0.31
  • Lot Dimensions: 60.00 x 223.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13380.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: RAA

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 3096019
  • Tax Annual Amount: 18597.00
  • Assessor Parcel Number: 32-00114-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 3870
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/03/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 2, 2020
Sold by
Huyard Wayne E and Huyard Linda L
Bought by
King Scott G M and Prats Andrea C
Seller's Agent
Bonnie Wells
Coastal Living Real Estate Group
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$2,475,000
Sold Price
$2,475,000
Current Estimated Value
$4,357,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,882,283
Avg. Annual Appreciation
12.03%
Original Mortgage
$1,856,250
Outstanding Balance
$1,651,035
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,706,248

Purchase Details

Closed on
Jun 5, 2012
Sold by
Huyard Wayne and Huyard Linda
Bought by
Huyard Wayne E and Huyard Linda L

Purchase Details

Closed on
Nov 21, 2005
Sold by
Desumma Ann M
Bought by
Huyard Wayne and Huyard Linda

Purchase Details

Closed on
Jul 27, 2001
Sold by
Drayer George
Bought by
Desumma Ann

Purchase Details

Closed on
Jul 28, 1997
Sold by
Drayer George W and Drayer Marie I
Bought by
Drayer George W and Drayer George

Purchase Details

Closed on
Jun 9, 1997
Sold by
Folino Peter
Bought by
Drayer George and Drayer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.76%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Folino Peter
Bought by
Drayer George and Drayer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.76%
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 Buyer Sale Price Title Company
King Scott G M $2,475,000 University Title Agency Inc
Huyard Wayne E -- None Available
Huyard Wayne $1,975,000 --
Desumma Ann $650,000 --
Desumma Ann $650,000 --
Drayer George W -- --
Drayer George $525,000 --
Drayer George $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Scott G M $1,856,250
Previous Owner Drayer George $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $2,475,000 0.0% $640 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $2,475,000 -- $640 / Sq Ft
Source: Bright 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 $22,269 $2,135,100 $1,078,700 $1,056,400
2024 $21,458 $2,135,100 $1,078,700 $1,056,400
2023 $20,924 $2,135,100 $1,078,700 $1,056,400
2022 $20,924 $2,135,100 $1,078,700 $1,056,400
2021 $19,259 $2,135,100 $1,078,700 $1,056,400
2020 $18,639 $2,135,100 $1,078,700 $1,056,400
2019 $18,597 $2,135,100 $1,078,700 $1,056,400
2018 $19,590 $1,930,000 $902,900 $1,027,100
2017 $19,840 $1,930,000 $902,900 $1,027,100
2016 $19,358 $1,930,000 $902,900 $1,027,100
2015 $18,567 $1,930,000 $902,900 $1,027,100
2014 $18,470 $1,930,000 $902,900 $1,027,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC400576

Bright MLS

APN: 32-00114-0000-00008