NOT LISTED FOR SALE

642 Drum Point Rd Brick, NJ 08723

Estimated Value: $1,067,855 - $1,207,000

4 Beds
3 Baths
2,614 Sq Ft
$431/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $620,000 $237 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,022/month

10 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Colonial Architecture
  • Docks
  • Property near a lagoon
  • Deck

About This Home

As of December 2020

Welcome to this Fabulous WATER FRONT Colonial on 50 x 100 lagoon front lot; with a 50 Foot vinyl bulkhead and BOAT LIFT, Ideal for a year long or second residence. As you enter you walk into the living room with vaulted ceiling; just stunning. The kitchen offers 42'' maple cabinets with granite counter tops open to the dining and family room. One bedroom and full bath on main level the other three on upper level all generous in size. Master bedroom has adjoining master bath and a balcony perfect for morning coffee. Come see all this home has to offer!

Last Agent to Sell the Property

Joanne Rodriguez

Keller Williams Realty Central Monmouth License #0447606 Listed on: 09/21/2020

Keller Williams Realty Central Monmouth

Last Buyer's Agent

Nancy Dunn

The Gallery Residential Brokerage License #9696944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 2009

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Home fronts a lagoon or estuary

Parking

  • 2 Car Direct Access Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Attic

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a lagoon
  • Docks
  • Deck
  • Exterior Lighting

Schools

  • Osbornville Elementary School
  • Lake Riviera Middle School
  • Brick Twp. High School

Utilities

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

Community Details

  • No Home Owners Association
  • Baywood Subdivision

Listing and Financial Details

  • Exclusions: All personal items and window treatments
  • Assessor Parcel Number 07-00252-16-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,669

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator
  • Subdivision Name: Baywood
  • Architectural Style: Colonial, 2 Story
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Sliding Door
  • Year Built: 2009
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Lake Riviera
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Dock: Yes
  • Parking Paver Block: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exclusions: All personal items and window treatments
  • Exterior Features: Deck, Dock, Lighting
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • 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: Lake Riviera

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 07-00252-16-00021
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11669.0

MLS Schools

  • Elementary School: Osbornville
  • High School: Brick Twp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 2, 2020
Sold by
Valentino James and Valentino Joan
Bought by
Black Michael Craig and Black Maria Lisa
Seller's Agent
Joanne Rodriguez
Keller Williams Realty Central Monmouth
Buyer's Agent
Nancy Dunn
The Gallery Residential Brokerage
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Current Estimated Value
$1,126,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,464
Avg. Annual Appreciation
12.99%
Original Mortgage
$496,000
Outstanding Balance
$460,544
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$665,920

Purchase Details

Closed on
Jun 4, 2010
Sold by
G S Realty Corp
Bought by
Valentino James and Valentino Joan

Purchase Details

Closed on
Dec 26, 2009
Sold by
Erhardt Walter L
Bought by
G S Realty Corp

Purchase Details

Closed on
Mar 7, 2005
Sold by
Archiello Louis
Bought by
Erhardt Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Black Michael Craig $620,000 Trident Abstract Title
Valentino James $515,000 New Jersey Title Ins Company
G S Realty Corp -- None Available
Erhardt Walter L $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Michael Craig $496,000
Previous Owner Erhardt Walter L $935,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $620,000 +1.6% $237 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $610,000 -- $233 / 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 $13,372 $517,700 $242,500 $275,200
2024 $12,710 $517,700 $242,500 $275,200
2023 $12,544 $517,700 $242,500 $275,200
2022 $12,544 $517,700 $242,500 $275,200
2021 $12,280 $517,700 $242,500 $275,200
2020 $12,125 $517,700 $242,500 $275,200
2019 $11,669 $506,700 $235,000 $271,700
2018 $11,401 $506,700 $235,000 $271,700
2017 $11,092 $506,700 $235,000 $271,700
2016 $11,036 $506,700 $235,000 $271,700
2015 $10,747 $506,700 $235,000 $271,700
2014 $10,661 $506,700 $235,000 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033862

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00252-16-00021