NOT LISTED FOR SALE

5 Island View Way Unit 49 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $810,000 - $896,000

3 Beds
2.5 Baths
1,183 Sq Ft
$716/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $540,000 $456 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,867/month

19 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Attic
  • Wolf Hill Elementary School Rated A-
  • In Ground Pool
  • Balcony

About This Home

As of November 2019

Welcome to the desirable Island View complex. Surrounded by the Shrewsbury River and the Atlantic Ocean, enjoy the sunrise and sunsets all year long in this spacious three level townhome. This well maintained, move in ready, 3 bedroom, 2.5 bath townhome has multiple decks with ocean and river views. Kitchen has custom cabinets and stainless steel appliances. Spacious living room with built in shelving, fireplace and sliding glass doors that leads out to deck. Master bedroom also offers spacious deck with views. Lower level bedroom with full bathroom can also serve as a family room, complete with sliding doors that lead out to the patio. Island View complex offers private beach access, pool and riverfront bulkhead perfect for launching your kayak or paddle board.

Last Listed By

Hugh McGrinder III

Coldwell Banker Realty License #1435851 Listed on: 09/13/2019

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Visitor Parking
  • Open Parking
  • Off-Street Parking

Property Views

  • Ocean
  • River

Home Design

  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 1,183 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 42-00001-10-00036

Community Details

Overview

  • Association fees include trash, common area, pool, snow removal, water
  • Island View Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts
  • Community Pool
  • Snow Removal

Security

  • Controlled Access
  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,671

Year Built

Built in 1982

Lot Details

0

HOA Fees

$640 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront, Riverview
  • ResoPoolFeatures: In Ground
  • Reso Association Amenities: Tennis Court, Controlled Access, Beach, Swimming, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Pool, Snow Removal, Water
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Microwave, Refrigerator, Screens
  • Subdivision Name: Island View
  • Architectural Style: Townhouse, Condo
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Balcony, Built-Ins, Dec Molding, Sliding Door, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Maple Place
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included Electric Cooking: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Breakfast Cntr: Yes
  • Living Room Dec Molding3: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Foyer Floor - Ceramic: Yes
  • SidingCedarShake: Yes
  • Parking Visitor: Yes
  • Water Type Riverview: Yes
  • Common Elements Beach: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanview, Riverview
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, Patio, Storm Window, Swimming, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Open, Paved, Driveway, Off Street, Visitor
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • Parking Open: 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 Fee: 640.0
  • Association Fee Frequency: Monthly
  • Association: 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

  • Parcel #: 42-00001-10-00036

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5671.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Nov 15, 2019
Sold by
Pappas John and Mcnally Lois
Bought by
Russo James Edward and Russo Deborah Sue
Seller's Agent
Hugh McGrinder III
Coldwell Banker Realty
Buyer's Agent
William Collins
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Sold Price
$540,000
Total Days on Market
19
Current Estimated Value
$847,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,053
Avg. Annual Appreciation
8.55%
Original Mortgage
$486,000
Outstanding Balance
$431,347
Interest Rate
3.5%
Estimated Equity
$415,706

Purchase Details

Closed on
Feb 28, 2014
Sold by
Pappas Kathie
Bought by
Pappas John and Mcnally Lois

Purchase Details

Closed on
Nov 12, 2009
Sold by
Stone Dianne P and Stone Anthony C
Bought by
Pappas Agnes and Pappas Kathie

Range of Values:

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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
Russo James Edward $540,000 Trident Abstract Ttl Agcy Ll
Pappas John -- None Available
Pappas Agnes $512,000 Coastal Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo James Edward $486,000
Previous Owner Stone Dianne P $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $540,000 -- $456 / 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
2024 $6,369 $683,400 $495,000 $188,400
2023 $6,369 $622,000 $460,000 $162,000
2022 $6,689 $590,800 $435,000 $155,800
2021 $6,689 $537,300 $385,000 $152,300
2020 $6,566 $511,400 $375,000 $136,400
2019 $6,197 $456,700 $329,000 $127,700
2018 $6,219 $433,100 $294,000 $139,100
2017 $5,762 $394,900 $260,000 $134,900
2016 $5,391 $413,100 $285,000 $128,100
2015 $5,482 $273,300 $130,000 $143,300
2014 $7,179 $359,500 $200,000 $159,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21937701

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00001-10-00036