NOT LISTED FOR SALE

Estimated Value: $2,937,586 - $3,967,000

5 Beds
6 Baths
2,892 Sq Ft
$1,170/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $1,600,000 $553 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $19,236/month

37 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Contemporary Architecture
  • Building is oceanfront but unit may not have water views
  • Deck
  • Two Story Ceilings

About This Home

As of December 2012

The best ocean block transaction on all of LBI! Second from the ocean on an oversized lot 81ft x 80ft lot. Beautifully appointed home provides 5 bedrooms, including three suites; 4 full baths; 2 half baths; family room with wet bar; hardwood and wool carpeted floors; custom kitchen with honed stone counters and high end appliances; master suite with walk in closet, marble bath with claw foot soaking tub, and private deck; entry foyer; 2 laundry rooms; central stereo and security systems; lots of deck space on three levels including easy access roof top deck with great ocean and bay views; oversized garage; and low maintenance irrigated landscape. Offered tastefully and fully furnished. Property Under Contract. Contingent on Mortgage and Home Inspection repair requests.

Last Agent to Sell the Property

Benee Scola

(609) 494-0077 benee@beneescola.com Benee Scola & Company, Realtors License #8736858 Listed on: 08/24/2012

Co-Listed By

Susan Blauvelt

(609) 494-0077 susan@beneescola.com Benee Scola & Company, Realtors License #8442686

Last Buyer's Agent

Salvatore Cicero

scicero@weichert.com Weichert Realtors - Ship Bottom License #TREND:60033472

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,793

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 81 x 80
  • Building is oceanfront but unit may not have water views
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,892 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Double Hung Windows
  • Double Door Entry
  • Sliding Doors
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1000042000200003

Community Details

Overview

  • No Home Owners Association
  • Harvey Cedars Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,793

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse, Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Disposal, Dryer, Refrigerator, Built-In Microwave, Stove, Dishwasher, Washer
  • Flooring Type: Fully Carpeted, Wood, Tile/Brick
  • Interior Amenities: Window Treatments, Floor Plan - Open, Recessed Lighting, Pantry, Wet/Dry Bar, Ceiling Fan(s), Stall Shower, Primary Bath(s), Walk-In Closet(s), Soaking Tub
  • Window Features: Double Hung, Insulated
  • Fireplace: No
  • Door Features: Double Entry, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings
  • Foundation Details: Pilings
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2892
  • Living Area Sq Ft: 2892
  • Price Per Sq Ft: 586.10
  • Above Grade Finished Sq Ft: 2892
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Lawn Sprinkler, Outside Shower
  • Roof: Fiberglass, Shingle
  • View: Water, Bay, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 680100.00
  • Land Assessed Value: 1238800.00
  • Lot Dimensions: 81 x 80
  • Outdoor Living Structures: Patio(s), Deck(s), Porch(es)
  • Zoning: RES
  • Zoning Description: RES

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2940825
  • Tax Annual Amount: 15793.00
  • Assessor Parcel Number: 1000042000200003
  • Tax Lot: 3
  • Tax Year: 2011

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Dec 17, 2012
Sold by
Meselsohn Gary and Meselsohn Tracey
Bought by
Marscher William and Marscher Deborah
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Salvatore Cicero
Weichert Realtors - Ship Bottom
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
$3,384,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,784,529
Avg. Annual Appreciation
5.92%
Original Mortgage
$1,000,000
Outstanding Balance
$176,958
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,207,571

Purchase Details

Closed on
Apr 20, 2012
Sold by
Meselsohn Tracey
Bought by
Meselsohn Tracey and Meselsohn Gary

Purchase Details

Closed on
Jul 3, 2002
Sold by
Ziman Development
Bought by
Meselsohn Gary and Meselsohn Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.27%
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 Buyer Sale Price Title Company
Marscher William $1,600,000 Fidelity National Title Co
Meselsohn Tracey -- None Available
Meselsohn Gary $1,344,625 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marscher William $1,000,000
Previous Owner Meselsohn Gary $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $1,600,000 -5.6% $553 / Sq Ft
09/30/2012 09/30/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $1,695,000 -- $586 / 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 $18,035 $1,603,100 $1,128,400 $474,700
2024 $15,758 $1,603,100 $1,128,400 $474,700
2023 $15,502 $1,603,100 $1,128,400 $474,700
2022 $15,502 $1,603,100 $1,128,400 $474,700
2021 $15,069 $1,603,100 $1,128,400 $474,700
2020 $14,877 $1,603,100 $1,128,400 $474,700
2019 $14,684 $1,603,100 $1,128,400 $474,700
2018 $15,021 $1,603,100 $1,128,400 $474,700
2017 $15,294 $1,603,100 $1,128,400 $474,700
2016 $15,887 $1,603,100 $1,128,400 $474,700
2015 $15,855 $1,603,100 $1,128,400 $474,700
2014 $15,159 $1,602,400 $1,128,400 $474,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC249742

Bright MLS

APN: 10-00042-02-00003