NOT LISTED FOR SALE

662 Drum Point Rd Brick, NJ 08723

Estimated Value: $950,661 - $1,174,000

5 Beds
2.5 Baths
2,016 Sq Ft
$531/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $475,000 $236 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $6,535/month

33 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Zoned Heating and Cooling
  • Waterfront
  • Balcony
  • 1 Car Garage

About This Home

As of July 2016

BRAND NEW CONSTRUCTION!!!! WATERFRONT!!! Every attention to detail is going into the construction of this 2200 SQ FT home!!! 4/5 Bedrooms / 2.5 Baths - Open Floor plan - 2 Zone HVAC - 9 ft ceilings on 1st floor - both bathrooms have double sinks - Hardwood throughout 1st floor and 2nd floor walkways - 2nd Floor Laundry - Master Bedroom w Covered Balcony - State of the art kitchen includes stainless appliance & granite counters - Gas Fireplace - 2 Story Foyer - 50 FT of BRAND NEW BULKHEAD and soooo much more!!! This home will be magnificent!!!

Last Agent to Sell the Property

Michael Manna

Burke&Manna Real Estate Agency License #0900958 Listed on: 05/04/2016

Last Buyer's Agent

Donna Robertson

Pacesetter Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,045

Lot Details

  • Lot Dimensions are 50 x 100
  • Waterfront

Parking

  • 1 Car Garage

Home Design

  • Custom Home
  • Asphalt Rolled Roof

Interior Spaces

  • 2-Story Property
  • Water Views
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-00252-16-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,045

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Shore Acres
  • Architectural Style: Custom
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Roof Timberline: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: Yes
  • Exterior Features: Balcony

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 07-00252-16-00009
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 18, 2016
Sold by
Drum Point Developers Llc
Bought by
Ambrosia Cheryl L and Mcgowan Robert J
Seller's Agent
Michael Manna
Burke&Manna Real Estate Agency
Buyer's Agent
Donna Robertson
Pacesetter Realty
Sold Price
$475,000
Current Estimated Value
$1,070,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,665
Avg. Annual Appreciation
9.16%
Original Mortgage
$350,000
Outstanding Balance
$279,225
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$791,440

Purchase Details

Closed on
Apr 10, 2015
Sold by
Drum Point Developers Llc
Bought by
Drum Point Developers Llc

Purchase Details

Listed on
Dec 19, 2012
Closed on
Jul 15, 2013
Sold by
Integrity Holdings Group Llc
Bought by
Drum Point Development Llc
Seller's Agent
Lori Loricchio
Real Broker LLC -Freehold 2
Buyer's Agent
Steven Libman
Melrose Realty, LLC
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ambrosia Cheryl L $475,000 Trident Abstract Title Agenc
Drum Point Developers Llc -- Attorney
Drum Point Development Llc -- None Available
Integrity Holdings Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambrosia Cheryl L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2016 07/19/16 Sold $475,000 +239.3% $236 / Sq Ft
07/02/2013 07/02/13 Sold $140,000 -- $69 / 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 $11,045 $427,600 $200,000 $227,600
2024 $10,498 $427,600 $200,000 $227,600
2023 $10,361 $427,600 $200,000 $227,600
2022 $10,361 $427,600 $200,000 $227,600
2021 $10,143 $427,600 $200,000 $227,600
2020 $10,014 $427,600 $200,000 $227,600
2019 $9,848 $427,600 $200,000 $227,600
2018 $9,621 $427,600 $200,000 $227,600
2017 $9,360 $427,600 $200,000 $227,600
2016 $4,356 $200,000 $200,000 $0
2015 $6,257 $295,000 $295,000 $0
2014 $6,760 $321,300 $295,000 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21617615

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00252-16-00009