NOT LISTED FOR SALE

648 Drum Point Rd Brick, NJ 08723

Estimated Value: $980,284 - $1,169,000

4 Beds
3 Baths
2,500 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $525,000 $210 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,832/month

306 Days on Market

Highlights

  • Water Views
  • New Construction
  • Custom Home
  • Docks
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Home

As of September 2016

Superb quality WATERFRONT new construction .. almost complete! Deep water LAGOON with 50' of NEW BULKHEAD and just minutes to open water. Open concept floor plan with 9ft ceilings .. Upper (off master) and lower full length rear deck overlooking lagoon. Price includes all upgrades (see spec sheet in doc section) .. 3 1/4 premium oak wood floors thruout, granite counters, high end custom wood kitchen cabs and vanities, center kitchen island with decorative soffit above, ceiling paddle fans in all bedrooms, central vacuum, top quality Kohler/Moen plumbing fixtures, moldings, recessed lighting, partial stone front and metal roofing, etc. etc .. still time to make color choices (but hurry) Enclosed lower level, 2 car garage. cable TV outlets in all bedrooms, family, dining room, and kitchen .. Plus tons of highhats thruout. This home has EVERYTHING! Located at the END of Drum Point where it's nice and quiet. Please call with any questions ...

Last Agent to Sell the Property

Susan Eldridge

Encore Real Estate License #7855181 Listed on: 09/04/2015

Last Buyer's Agent

Cassie Childers

Childers Sotheby's Intl Realty License #1642882

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,096

Lot Details

  • Lot Dimensions are 50x100
  • Home fronts a lagoon or estuary
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Double-Wide Driveway
  • Gravel Driveway

Home Design

  • New Construction
  • Custom Home
  • Shingle Roof
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the upper level
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Balcony
  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00252001600017

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,096

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • Inclusions: Ceiling Fan(s), Dishwasher, Microwave, Stove Hood, Gas Cooking
  • Subdivision Name: Shore Acres
  • Architectural Style: Custom
  • Reso Flooring: Cement
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 2nd Flr, Dec Molding
  • New Construction: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 50x100
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Foyer Two Story: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Stove Hood: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Living Room Sliding Door2: Yes
  • Kitchen Fireplace - Gas5: Yes
  • SidingCedarShake: Yes
  • Rooms In-Law-Suite: Yes
  • Garage Level Basement25: Yes
  • Foyer Level Basement26: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Topography: Level
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, Deck, Dock, Thermal Window
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Double Wide Drive, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50x100
  • Parcel #: 00252001600017
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Sep 9, 2016
Sold by
Baylight Homes Llc
Bought by
Pratt Jeffrey and Pratt Kelly
Seller's Agent
Susan Eldridge
Encore Real Estate
Buyer's Agent
Cassie Childers
Childers Sotheby's Intl Realty
Sold Price
$525,000
Current Estimated Value
$1,110,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,321
Avg. Annual Appreciation
8.54%
Original Mortgage
$416,000
Outstanding Balance
$332,498
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$777,823

Purchase Details

Closed on
Dec 16, 2014
Sold by
Alaverdian Raffi
Bought by
Baylight Homes Llc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Aspen Properties Llc
Bought by
Alaverdian Raffi

Purchase Details

Closed on
May 8, 2013
Sold by
Sharisky Margaret
Bought by
Aspen Properties Llc
Source: Public Records

Range of Values:

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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
Pratt Jeffrey $525,000 Chicago Title
Baylight Homes Llc $101,666 Agent For Stewart Title Guar
Baylight Homes Llc $101,666 Agent For Stewart Title Guar
Baylight Homes Llc $101,666 Agent For Stewart Title Guar
Alaverdian Raffi $100,000 Agent For Stewart Title Guar
Alaverdian Raffi $100,000 Fortress Title Agency Inc
Alaverdian Raffi $100,000 Fortess Title Agency Inc
Aspen Properties Llc $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Jeffrey $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $525,000 -- $210 / 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 $12,096 $468,300 $195,000 $273,300
2024 $11,497 $468,300 $195,000 $273,300
2023 $11,347 $468,300 $195,000 $273,300
2022 $11,347 $468,300 $195,000 $273,300
2021 $11,108 $468,300 $195,000 $273,300
2020 $10,968 $468,300 $195,000 $273,300
2019 $10,785 $468,300 $195,000 $273,300
2018 $10,537 $468,300 $195,000 $273,300
2017 $10,251 $468,300 $195,000 $273,300
2016 $5,445 $250,000 $250,000 $0
2015 $5,303 $250,000 $250,000 $0
2014 $7,444 $353,800 $353,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21534483

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00252-16-00017