NOT LISTED FOR SALE

5 Island View Way Unit 40 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $850,000 - $885,000

3 Beds
2 Baths
1,183 Sq Ft
$734/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $710,000 $600 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,766/month

34 Days on Market

Highlights

  • Water Views
  • Parking available for a boat
  • Deck
  • Wolf Hill Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of October 2022

Live and play at the beach! The Island View unit you have been waiting for located in one of the best beach towns in NJ. Pool, tennis and ocean beach access all here including sunset viewing area located in the riverfront section of the complex. Newer kitchen, gleaming hardwood floors, recently redone wood burning fireplace for those chilly nights in the living room. Enjoy partial ocean views from the 2 spacious decks on 2nd and 3rd floors, lower level has patio leading to complex pool. Lower level offers 3rd bedroom/family room option. Don't miss this great unit which is pet friendly, close to everything you could want, shopping, great restaurants, marinas, beaches, parks, and all forms of transportation including NYC ferry located a very short distance away.

Last Agent to Sell the Property

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 07/21/2022

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Jennifer Cleary Carter

Christie's Int'l RE Group License #0122237

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1982

Lot Details

  • 871 Sq Ft Lot

HOA Fees

  • $642 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Shingle Roof

Interior Spaces

  • 1,183 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Home Security System

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 42-00001-10-00040

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool, snow removal, water
  • Island View Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,748

Year Built

Built in 1982

Lot Details

0

HOA Fees

$642 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground
  • Reso View: Waterview
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Tennis Court(s), Association, Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal, Water
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garage Door Opener
  • Subdivision Name: Island View
  • Reso Interior Features: Recessed Lighting
  • Property Attached Yn: Yes
  • Reso Structure Type: Townhouse
  • Year Built: 1982
  • Contract Info List PriceSqFt: 621.22
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.02
  • Location Middle School: Maple Place
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Kitchen Sliding Door5: Yes
  • ExteriorDeck: Yes
  • Kitchen Floor - Wood4: Yes
  • Common Elements Tennis Court: Yes
  • Exterior Security System3: Yes
  • Parking Visitor: Yes
  • Allowable Boats: Yes
  • Kitchen Fireplace - Woodburning4: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront: No
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck, Patio
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Driveway, Off Street, Guest
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 642.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 42-00001-10-00040
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6748.0

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 20, 2022
Sold by
Basile Linda
Bought by
Mahon Kathleen and Mahon Patrick
Seller's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Jennifer Cleary Carter
Christie's Int'l RE Group
List Price
$759,900
Sold Price
$710,000
Premium/Discount to List
-$49,900
-6.57%
Views
47
Current Estimated Value
$867,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,738
Avg. Annual Appreciation
6.62%
Original Mortgage
$510,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 7, 2019
Sold by
Mazzella Kim M and Garrity Kim Marie
Bought by
Basile Linda
Seller's Agent
Daniel Kole
Burke&Manna Real Estate Agency
Buyer's Agent
Elizabeth Buccigrossi
VRI Homes
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%

Purchase Details

Listed on
Feb 3, 2017
Closed on
May 22, 2017
Sold by
Lt Asset Recovery Llc
Bought by
Garrity Kim
Seller's Agent
Michael Minervini
RE/MAX 1st. Advantage
Buyer's Agent
Daniel Kole
Burke&Manna Real Estate Agency
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$245,000
Interest Rate
4.02%

Purchase Details

Closed on
Feb 9, 1998
Sold by
Scoutelas Richard
Bought by
Molinari Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahon Kathleen $710,000 Main Street Title
Mahon Kathleen $710,000 Main Street Title
Basile Linda $540,000 Stewart Title
Garrity Kim -- --
Molinari Phillip $169,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahon Kathleen $510,000
Previous Owner Garrity Kim $245,000
Previous Owner Garrity Kim --
Previous Owner Molinari Phillip $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $710,000 -3.4% $600 / Sq Ft
08/17/2022 08/17/22 Price Changed $734,900 -1.3% $621 / Sq Ft
07/29/2022 07/29/22 Price Changed $744,900 -2.0% $630 / Sq Ft
07/21/2022 07/21/22 For Sale $759,900 +40.7% $642 / Sq Ft
06/07/2019 06/07/19 Sold $540,000 +21.3% -- View Prior Sale
04/20/2017 04/20/17 Sold $445,000 -- $376 / Sq Ft View Prior Sale
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 $6,598 $733,100 $524,200 $208,900
2024 $6,420 $690,200 $495,000 $195,200
2023 $6,420 $627,000 $460,000 $167,000
2022 $6,748 $595,700 $435,000 $160,700
2021 $6,748 $542,000 $385,000 $157,000
2020 $6,750 $525,700 $375,000 $150,700
2019 $6,131 $451,800 $329,000 $122,800
2018 $6,143 $427,800 $294,000 $133,800
2017 $5,686 $389,700 $260,000 $129,700
2016 $5,327 $408,200 $285,000 $123,200
2015 $5,472 $272,800 $130,000 $142,800
2014 $7,167 $358,900 $200,000 $158,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22222937

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00001-10-00040